Birdman probably couldn’t be more proud of himself for buying his new toy of the moment: a $2.5 million dollar car. He continuously boasts of the price tag in the video. He even coins the action “rich n***a shit”. No, Birdman, that would be hardly-wealthy behavior.
If you’re not familiar with Birdman, he’s a co-founder of Cash Money Records (home of rapper Lil’ Wayne) and a pretend hip-hop artist. He’s a repeat offender when it comes to hardly-wealthy actions. Shortly after Cash Money’s nationwide debut about a decade ago, he purchased a $500,000 grill in his mouth and bought numerous custom-made cars. The man certainly has financial issues.
What Birdman doesn’t realize is that the $2.5 million dollar car purchase signifies the $2.5 million he now no longer has. This $2.5 million figure isn’t even including the insurance, gas, maintenance, etc. on the car that further drains his pockets. He’ll never amass any money or significant worth because he’s too busy giving all his money away to other businesses. That Bugatti that he thinks has made him a wealthy elite really just signifies $2.5 million dollars missing from his account.
People who find their self-worth embedded in designer cars, jewelry, clothing, and other pricey items reap of insecurities. What are they hiding by continuously buying themselves expensive items? Unfortunately, Birdman will be finding out as soon as his record label falls out of relevancy and the big checks stop coming in. They keep spending as if nothing could ever go wrong, except something most certainly will: their money.
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*sigh* I read EVERY single post on this blog as they come through my email. Just ridiculous! Their spending on excess identifies just how much they don’t know about money. Money is a tool and a seed. Why do they not plant it and use it to grow? *SIGH* It is so true “Money just personifies who you really are.”
Thanks for all the support, Tina! You’re right. Even with all the money that they earn, they never take the time to plant it. Instead of planting a seed and nurturing it, they erode the soil and destroy the foundation. Sadly, they’ll have to lose everything before they see the picture. At least our readers get it, so all is not in vain!
That’s a $2.5 million investment in a viable business that can possibly transform lives. And that’s why our $803 billion spending power flies straight out of our hands. That’s why we will always be a group of consumers and not be considered as real business players. This is why we’re often the most ignored group of people on the planet because we really don’t create any wealth for our communities and our dollars are never recycled back into our communities. We create wealth for everyone but ourselves because once we get a fist full of dollars we’ve got to think we can buy our status. They don’t have to advertise to us because we have no conscious and will buy anyway even when they ignore us. They don’t have to advertise to us because many of us are walking billboards and do it for free. We are the number one conspicuous consumers on the planet. We think our money can buy us a self-esteem or a seat at the table. Not! What we spend our money on is a personal choice, but it’s also stupid. Such Waste!
Great response! We’re not sure what it will take for us to see the big picture. When Antoine Walker went bankrupt, did any of the designers he pumped his millions into come and help him out? We should stop handing out our net worth for mere objects that depreciate. We get too caught up in obtaining mass produced goods and big brands. Also, we’d be much more impressed if an artist started his or her own clothing company, designed by minorities and made in a developing country. Sadly enough, their children and future children will have to start from scratch because of their parent’s stupidity. Thank you for your well thought-out post!
interesting feedback… however this guy is worth over £300mill, and currently has several number one artists on his label who take up most of the American Charts.
Why not spoil yourself a bit? He is a talented producer, who works hard for his money.
There’s nothing wrong with someone who spoils themselves a little bit after working hard. However, if you’ve looked at Birdman’s background, he’s never just spoiled himself “a bit”. From the onset of his record company, he’s always spent massive amounts of money on items from platinum teeth, jewelry, cars, limos, homes, etc. In our opinion, he’s giving too much of his wealth away and not enough saving. There’s no way he’s worth £300 million pounds, or he’d be listed as the highest grossing African American underneath Oprah Winfrey and Bob or Sheila Johnson. If he has ever had that much money, which no evidence proves this, then he must have spent his way out of becoming one of the highest grossing black businessmen. Lists are made every year, and Birdman has never graced the top list of several wealth categories.
There’s nothing foolish about. He doesn’t need his money to be “planted as a seed and grown.” He is currently worth $400 mil. If you don’t believe me, look him up on celebritynetworth(dot)com. You can read all about how he got his money. He gets millions and millions every year, so he might as well spend it. The thing about music (as well as movies) is that people will always be buying it. He’s got some of the most popular artists under his label, and people will still be buying their music decades from now. His money isn’t going anyway. He’s helping the economy out, anyway. I also simply don’t understand why wealthy people today feel the need to be “modest.” I read on Yahoo some millionaires currently find it trendy to shop at Walmart. You shouldn’t pretend to be something you’re not, it’s very deceiving. You should never settle for anything less than the best.
The figures on that website are very faulty, and if he’s worth so much he would be grossing more prominent wealth lists. We’re simply saying that we hope he’s not spending MORE than he makes. He does have a thriving music label at the moment, but we’ve seen the hottest acts rise and fall in popularity. Then there’s additional liabilities when money is made from human beings who are prone to mistakes. Lil Wayne is a drug user, so that in and of itself carries some risks.
Birdman’s money is his money, and he’ll do with it what he will. We do see him spending it in the same fashion as Antoine Walker, Mike Tyson, Floyd Mayweather, Fantasia Barrino, Antonio Cromartie, members of Dipset, Ja Rule, Irv Gotti, [insert sports player's name here], and many more. Knowing what you know now about these players, would you have supported their reckless behavior? Jay Z has multiple homes and businesses, and we don’t discourage his splurges because he does so in reasonable fashion. The purpose of this site is to show tough love and share advice that just may save these guys in the long run. Birdman has to sustain himself for another 40+ years, along with his children for even longer. Just something to think about.
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