Posts tagged as:

financial mismanagement

Prince’s Minnesota Home in Foreclosure?

Thumbnail image for Prince’s Minnesota Home in Foreclosure?

Prince may be embarking on a legendary mega tour at The Forum stadium in L.A., but he’s also potentially embarking on rocky financial terrain. Just days ago, various news sources reported that the singer was so behind on his mortgage payments that his home was set to be auctioned off on May 13. Now, Star [...]

Continue Reading →

Allen Iverson Newest Financial Woes

Thumbnail image for Allen Iverson Newest Financial Woes

Allen Iverson at the prime of his basketball career was unstoppable. Despite his dark past, the 11-time NBA All-Star had a shining reputation on the court. At his height in the late 90s-early millennia, no one would have dared to think that Iverson would one day vanish from glory. It is now 2011, and when [...]

Continue Reading →

Rapper Xzibit is Broke and Blaming Pimp My Ride

Thumbnail image for Rapper Xzibit is Broke and Blaming Pimp My Ride

West Coast Rapper and former “Pimp My Ride” host Xzibit has been facing financial difficulties for quite some time now. So, his bankruptcies and IRS problems aren’t what’s surprising. It’s what he blames it on that has left us utterly speechless. Detroit News gives us the details: Former “Pimp My Ride” host Xzibit, a double-threat [...]

Continue Reading →

Beanie Sigel Claims that Dame Dash Owe Him 11 Million

Dear Beanie Sigel, Build a bridge and get over it. There’s no one more responsible for your financial situation than yourself. You’ve been in the industry for a long time. It makes no sense that you aren’t more aware of the way things work. In the music industry, artists always get the short end of [...]

Continue Reading →

Souljah Boy Talks On His Jewelry as an Investment

MTV Shows Souljah Boy has been caught out there on numerous occasions bragging about his jewelry. In this brief MTV clip, the rap artist discusses just how much money he has invested into jewelry. He notes that he’s spent $3 million on his jewelry and even plugs gold as a great investment. Jewelry seems to [...]

Continue Reading →

Michael Vick Living on An Allowance

Thumbnail image for Michael Vick Living on An Allowance

The football player with the second chance is facing his debts. Michael Vick may have been lucky enough to score a $4.1 million contract with the Philadelphia Eagles. However, he’s still in massive debt that leaves him on a budget set by a court-appointed trustee. In 2008, he filed for Chapter 11 bankruptcy because he [...]

Continue Reading →

Why Toni Braxton Went Bankrupt Again

Thumbnail image for Why Toni Braxton Went Bankrupt Again

Toni Braxton has done it again and filed for Chapter 7 bankruptcy for the 2nd time in a decade. She has amassed a massive amount of debt somewhere in the range of $10-50 million according to TMZ. As a result of the bankruptcy filing, she will have to divide her assets that lie somewhere between [...]

Continue Reading →

Jermaine Jackson in Financial Trouble

Thumbnail image for Jermaine Jackson in Financial Trouble

Jermaine Jackson has been dealt a sad set of cards as of lately. Not that we feel sorry for him or anything, but that’s the story he’s giving to his ex according to TMZ . We’ll play along and report the story. Jermaine Jackson has been ordered to pay $3000 in monthly child support payments [...]

Continue Reading →

← Previous Entries