Soulja Boy shows why rappers go broke

[StateProperty]

http://www.tmz.com/2011/07/28/soulja-boy-55-million-private-jet-birthday-customized-leather-interior-record-company/?adid=interactive_one



Soulja Boy doesn't know the meaning of the word recession -- because TMZ has learned, the 21-year-old rapper is dropping $55 MILLION on a new private jet.

A member of Soulja's management team tells us ... the kid bought himself a G5 jet as a birthday present to himself this week.

The jet cost $35 mil ... but that's just the beginning. We're told the birthday boy is dropping an additional $20 million to pimp out his ride with all sorts of cool stuff ... like 12 custom Italian leather seats, flat screen TVs, 4 liquor bars, a special travertine tiled floor, and Brazilian hardwood cabinets.

We're told S.B. is also gutting the in-flight lavatory -- and replacing it with a giant, LUXURIOUS bathroom. Oh, he's also giving the jet a custom paint job ... to include his logo.

And if that's not enough for someone's 21st -- we're told Soulja's also spending $300,000 to throw himself a blowout birthday party at a Miami nightclub tonight ... and Dwight Howard, Bow Wow, and Sean Kingston are all expected to attend.

[Godzuki]

i heard this on the radio this morning. how is this dude that rich? does he even have that much money? :facepalm

that is just retarded especially when he still has to pay ridiculous gas prices to use it, on top of probably the pilot/stewardess and upkeep. i bet he didn't think of any of that stuff.

[brownmamba00]

Seriously why?:(

[Reef]

How the hell is he even worth 55 mill?

[Rose]

How the hell is he even worth 55 mill?
Goku (http://www.youtube.com/watch?v=-WqJ35BZUAc)

[kentatm]

:hammertime:

[ThaSwagg3r]

http://www.gifsforum.com/images/gif/you%20mad/grand/you_mad_lol_gif.gif

[Im so nba'd out]

Big Ups To All My Haterssssssssssssssssssssssss

[Crown&Coke]

and thats just initial costs. My stepdad owned a small cesna (not the same I know) and you also got Hanger fees, gas, maintenence, and annual dues.

Plus you gotta have a pilot, I doubt soulja boy wants to fly the plane while the groupies are in the back getting faded.

[Godzuki]

Goku (http://www.youtube.com/watch?v=-WqJ35BZUAc)


:rockon:

[Bless Mathews]

No way he has that much cash. He MIGHT have put down 10 percent, probably less with all the free publicity all the involved companies are going to get, but NO WAY HE PAyED IT ALL CASH. NO WAY.

[bluechox2]

watch it get repo'd next week

[Godzuki]

he could be renting it out too, which i think they do sometimes, or something like that where people pay them to use it.

[StateProperty]

he could be renting it out too, which i think they do sometimes, or something like that where people pay them to use it.
who wants to fly around with a giant Soulja Boy logo on their plane though? :lol

[Lebowsky]

he could be renting it out too, which i think they do sometimes, or something like that where people pay them to use it.

I don't know why you're all hating on Soulja Boy. He's always been know for his sound investing. (http://www.youtube.com/watch?v=AviiNU5Y20Y)
Remote control chain,nigguh!

[FourthTenor]

"i love black people....but i hate niggarz"

[Im so nba'd out]

"i love black people....but i hate niggarz"
You can hate all you want he still makes what you make in 10 years in like a hour :rant

[OhNoTimNoSho]

There is just no way he has 55 million, this is a publicity stunt, most of his worth belongs to the record company.

[FourthTenor]

You can hate all you want he still makes what you make in 10 years in like a hour :rant


This has no effect on the measure of respect I have for him.

[FourthTenor]

There is just no way he has 55 million, this is a publicity stunt, most of his worth belongs to the record company.


This. However I have no doubt that he would gladly put every single dime of liquidity and credit he has into the purchase if he was required to do so. He is that dumb.

But he's already likely to have wasted most of his liquidity and credit on his expensive cars and jewelry. So this is either a pub stunt put together by his label or just flat out made up.

[PowerGlove]

Eh, I dont know how much he's worth so I cant cast judgement.

[-playmaker-]

Eh, I dont know how much he's worth so I cant cast judgement.
it's a stupid move even if he is a billionare...

he does NOT need this...

[PowerGlove]

it's a stupid move even if he is a billionare...

he does NOT need this...

It certainly looks like a bad move but I dont know what he has coming in. He's been a huge money generator since he burst onto the scene.

[verylegit]

:roll:

[FourthTenor]

it's a stupid move even if he is a billionare...

he does NOT need this...


Agreed on this part, I can't figure out what places there are for him to fly that would actually want him?

[Im so nba'd out]

This has no effect on the measure of respect I have for him.
You could lay down in a coffin right now and die. soulja boy wouldnt give a flying ***.You will never see soldier boy make a R.I.P thread for fourthtenor or say your name in a interview F your respect its worthless i wouldn't give a penny i found on the ground for your respect.

[Brujesino]

You could lay down in a coffin right now and die. soulja boy wouldnt give a flying ***.You will never see soldier boy make a R.I.P thread for fourthtenor or say your name in a interview F your respect its worthless i wouldn't give a penny i found on the ground for your respect.
What is your point?

Are you trying to say fourth tenors respect is useless but soulja boys respect is?

[Brujesino]

It certainly looks like a bad move but I dont know what he has coming in. He's been a huge money generator since he burst onto the scene.
Do you really need to know his income?

[Im so nba'd out]

What is your point?

Are you trying to say fourth tenors respect is useless but soulja boys respect is?
No.....My point is he is a hater

[Brujesino]

No.....My point is he is a hater
His hate in this case is valid.

[Im so nba'd out]

His hate in this case is valid.
Hating on someone cause they have something you don't is never valid.IM not arguing this with you no debate needed.He's a hater or a redneck point blank period

[Tarik One]

Plus, those things depreciate at huge rate. The resell value will plummet.

[FourthTenor]

Hating on someone cause they have something you don't is never valid.IM not arguing this with you no debate needed.He's a hater or a redneck point blank period


You are misunderstanding me.

I don't hate what he has, as evidenced by the fact I'll still hate him in 2 years when it's been repossessed along with almost everything else he has.

It's not that he has a plane. It's that he's a dumb monkey.

[boozehound]

How the hell is he even worth 55 mill?
because people are idiots

[craigthomasb]

$55 million and still not fly like a G6? :oldlol:

[Vragrant]

:facepalm

[B-Low]

It's especially sad as I sit here and watch a documentary on TV about a girl with an aging disease whose parents can't afford to buy her medication, so she probably won't live very long. Yet this piece of shit blows $55 million on nothing.

[ballup]

It's especially sad as I sit here and watch a documentary on TV about a girl with an aging disease whose parents can't afford to buy her medication, so she probably won't live very long. Yet this piece of shit blows $55 million on nothing.
Exactly. I wouldn't even know how to spend 55 mil reasonably. It's better off if it was donated to charity.

[FourthTenor]

It's especially sad as I sit here and watch a documentary on TV about a girl with an aging disease whose parents can't afford to buy her medication, so she probably won't live very long. Yet this piece of shit blows $55 million on nothing.


Yeah, it's pretty absurd. I'll make the assumption that this clown gives very little to improve the exact type of communities he grew up in.

I wouldn't begrudge any rich person for buying a jet they could comfortable afford. If it's really true this guy is blowing his money on a jet - though I have an extremely hard time believing he has enough - it's just so sad. It'll be long gone (repossessed) within a couple years, and instead of making himself look like an ignorant fool for the sake of self indulgence, he could be spending more time going in to schools and being a positive role model.

As Spike Lee said, this is just straight up coonery and buffoonery. I hope this dudes plane crashes.

[Gundress]

There is no way he's worth $55 million dollar. ...I don't believe it.

Edit:
A member of soulja boys management team tells us

That's all you need to know that is bullshit.

[StateProperty]

LOS ANGELES (Reuters) - Rap star Soulja Boy is not buying a private plane, despite a report that he was shelling out $55 million for a tricked-out G5 jet, his spokesman said on Friday.

The celebrity website TMZ.com had reported the performer of such tracks as "Crank That (Soulja Boy)" and "Kiss Me Thru The Phone" bought the jet as a birthday present for himself. Soulja Boy turned 21 on Thursday.

"The elaborate rumors circulating about Soulja Boy purchasing a jet for his 21st birthday are grossly over exaggerated and are not true," spokesman Greg Miller said in a statement.

Soulja Boy, whose given name is DeAndre Cortez Way, recently borrowed a billionaire's private jet, but he has no immediate plans to buy one, said one source near the rapper.

The identity of the actual jet owner was not clear....

[lefthook00]

The only hip hop heads that can afford sh*t like this and not go broke are Jay-Z, 50 cent, Diddy, Master P, and Russell Simmons. Maybe Dr. Dre and Eminem.

[FourthTenor]

The only hip hop heads that can afford sh*t like this and not go broke are Jay-Z, 50 cent, Diddy, Master P, and Russell Simmons. Maybe Dr. Dre and Eminem.

Nelly too.

[Scholar]

I figured he wouldn't be buying himself a jet. Hell no! I don't even think he has $55 mill to blow anyway.

BTW, I hate everyone who gives douchebags like him money. These guys spend millions of dollars on jewelry, cars, houses, etc., but don't even spare a dime for the community they grew up in.
:rolleyes:

[FourthTenor]

I figured he wouldn't be buying himself a jet. Hell no! I don't even think he has $55 mill to blow anyway.

BTW, I hate everyone who gives douchebags like him money. These guys spend millions of dollars on jewelry, cars, houses, etc., but don't even spare a dime for the community they grew up in.
:rolleyes:


Yeah, we get it. Another gimmick used to obsess over me. It's pretty tired, but then again, you're ugly and unattractive to wimmenz, and have nothing better to do.

[lefthook00]

Nelly too.

Oh yeah forgot about him. And maybe some big name producers.

[FourthTenor]

Oh yeah forgot about him. And maybe some big name producers.


I don't know how much guys like Snoop, RZA and Lil Wayne make, definitely not what those other cats make, and probably not nearly enough to comfortably buy a jet, but they're probably next on the income scale.

[Scholar]

Yeah, we get it. Another gimmick used to obsess over me. It's pretty tired, but then again, you're ugly and unattractive to wimmenz, and have nothing better to do.

WTF are you talking about? Nothing I said in my post even suggests I would know wtf you're referring to in your post...
:facepalm

[Im so nba'd out]

He made the money he can do what he wants with it all the people who are saying he does nothing productive with it what THE HELL do you do to help your community my gah i hate self righteous online dudes.Its his money he made it not you!HE IS 21 YET I DONT SEE PEOPLE CRYING ABOUT PARIS HILTON WHEN SHE THROWS AWAY MONEY LEFT AND RIGHT TRUE HATERS ON THIS SITE.

[rezznor]

He made the money he can do what he wants with it all the people who are saying he does nothing productive with it what THE HELL do you do to help your community my gah i hate self righteous online dudes.Its his money he made it not you!HE IS 21 YET I DONT SEE PEOPLE CRYING ABOUT PARIS HILTON WHEN SHE THROWS AWAY MONEY LEFT AND RIGHT TRUE HATERS ON THIS SITE.
Yep.he mad

[Im so nba'd out]

Yep.he mad
Def not :no:

[DirkNowitzki41]

:facepalm

[Balla_Status]

Hating on someone cause they have something you don't is never valid.IM not arguing this with you no debate needed.He's a hater or a redneck point blank period

You sound like someone that needs to go back to ****ing school.

[macmac]

Lol there's no way nelly dre or eminem could afford that jet, their net worth is around 100mil, that's not liquid either...you're gonna spend half your fortune on a jet that is a money guzzler? Lol I think diddy has a 20mil jet and that's already extravagant for him...

And as far as hating on soulja, it's just hating on stupidity, if he were to buy it, he would be ruined within a year and that's just fukkin stupid...it's suddenly a bad thing to be repulsed by senseless stupidity?

[JSmooth]

swagg

[Meticode]

Def not :no:
When you right out a paragraph like that, and body and underline that, you mad.

[DCL]

call me another evil hater,

but i am really looking forward to seeing him jack broke in a couple years.

:rockon: :rockon: :rockon:

[rezznor]

Def not :no:


your post was CAPS LOCKED, BOLDED, AND UNDERLINED

http://x12.xanga.com/0e9f65e506030278020156/w221455239.jpg

[StroShow4]

Unless this kid is worth like 500 million bucks, this is pretty stupid. Still probably stupid even if he is worth that much.

[8BeastlyXOIAD]

Dumb nigg@

He isn't even worth 50 million, where the fvck is he getting this $$$$$ from?

OT I can't believe Burdman is worth over 100 million

[StroShow4]

OT I can't believe Burdman is worth over 100 million

He's been cranking out platinum records for like 15 years. It's not that surprising.

[JSmooth]

punk ass swag

[step_back]

Dumb nigg@

He isn't even worth 50 million, where the fvck is he getting this $$$$$ from?

OT I can't believe Burdman is worth over 100 million

He makes huge $$$$ from Lil Wayne being signed to his label.

Why is it that these rappers have so much money and can't buy themselves a decent clothing collection.

[Scholar]

When you right out a paragraph like that, and body and underline that, you mad.

What if he left out a paragraph like that?

[Im so nba'd out]

your post was CAPS LOCKED, BOLDED, AND UNDERLINED

http://x12.xanga.com/0e9f65e506030278020156/w221455239.jpg
ok maybe a little :D

[L.Kizzle]

I wish these young cats would learn. Once they start making a lil bit of paper, you can't tell them nothin. Just cause you got out the hood, don't mean you can do shit like this.

Where is KRS-1, brotha need to have a meeting with his ass.

[code green]

super saiyan swagger

[verylegit]

He makes huge $$$$ from Lil Wayne being signed to his label.

Why is it that these rappers have so much money and can't buy themselves a decent clothing collection. these fools think because they purchase 300 dollar jeans and gucci shirts, they dress in style. give me 300$ and i'll put a nice combo together at my local mall, something respectable and with taste. :rolleyes:

[Keith]

MC's don't make a lot of money unless they own their own publishing, their own label eg. Jay Z with Rocafella

The money is in producing. Top producers like the Neptunes can charge $50,000 for a beat. :pimp:

Artists rent jewelry to portray that money money money image. It's all a front.

[PowerGlove]

MC's don't make a lot of money unless they own their own publishing, their own label eg. Jay Z with Rocafella

The money is in producing. Top producers like the Neptunes can charge $50,000 for a beat. :pimp:

Artists rent jewelry to portray that money money money image. It's all a front.

That's true to a certain extent but remember they also make a ton off of tours, club appearances and endorsements.

[Godzuki]

super saiyan swagger


this is why i've watched it like 5 times :oldlol:

[N0Skillz]

You could lay down in a coffin right now and die. soulja boy wouldnt give a flying ***.You will never see soldier boy make a R.I.P thread for fourthtenor or say your name in a interview F your respect its worthless i wouldn't give a penny i found on the ground for your respect.


I see soulja boy is giving you the good stuff = O

[Lil Antoine jr]

call me another evil hater,

but i am really looking forward to seeing him jack broke in a couple years.

:rockon: :rockon: :rockon:
you rockin out to another mans downfall? you must be white smh

[NoName22]

That's true to a certain extent but remember they also make a ton off of tours, club appearances and endorsements.

Not even with these 360 deals. Rappers ain't really eating these days unless you have been established in the game for years.

[NoName22]

BTW, lol @ anybody really believing that hack could afford a jet :roll: :roll:

[Samurai Swoosh]

Reminds me of this guy's FAMOUS last words on the Chappelle Show

http://www.gifsoup.com/webroot/animatedgifs/1065518_o.gif

They should've NEVER gave you NI99AS money !!!

[Unstoppabull]

How the hell? Is he even worth 55M? He's one of the worst hip-hop artists of all time!

[Godzuki]

S-U-P-E-R S-A-I-Y-A-N S-W-A-G-G-E-R

[zay_24]

Haters gonna hate
dese whiteboys mad
blacc ppl stay http://i55.tinypic.com/28uoggx.jpg

you white boys:mad: ?

[Brujesino]

Haters gonna hate
dese whiteboys mad
blacc ppl stay http://i55.tinypic.com/28uoggx.jpg

you white boys:mad: ?Charlie Sheen is white.

[DJ Leon Smith]

The money is in producing (without samples) and writing. Outside of that, there's next to nothing.

[BRabbiT]

Seriously why?:(



+1

[GOBB]

People actually believe this was possible? :oldlol:

Souljah Boy definately makes quite a bit of money. But not enough to cover such expenses as a private jet, then decked out the interior.

And Birdman makes money because he is a Boss. And has been for years. I think Forbes or one of those magazines has how he brings in the bacon. Check it out to see where the money comes from. Damn sure not because of his "talent" on the mic.

[postmupndunkit]

WTF!!!!! WHY DIDN'T HE BUY OUT CARLOS BOOZERS CONTRACT 4 DA BULLS?
:cheers: :pimp:

But on the real though here is a taste and these stats are from 2009:

Soulja Boy | Stats
Myspace Views(38,000,000+)
YouTube Views(165,448,420+)
Album Sales(3,000,000+)
Digital Sales(11,000,000+)
Ringtones(20,000,000+)
Grammy Nominated
#1 Song In The World
#1 Billboard 7weeks
BET Hip Hop Award Winner
Ozone Award Winner
Producer, Gamer, Actor

[Lucifer]

His last album only sold 60,000. He has no endorsements. Ringtones and $hit are a dying business, he doesn't have the star power to go on a huge tour and make money like a Beyonce, U2, etc. I can imagine how much in debt he already is in, on top of how much he spends on his entourage and dumb $hit. This guy's gonna be broke within 5 years.

[PowerGlove]

His last album only sold 60,000. He has no endorsements. Ringtones and $hit are a dying business, he doesn't have the star power to go on a huge tour and make money like a Beyonce, U2, etc. I can imagine how much in debt he already is in, on top of how much he spends on his entourage and dumb $hit. This guy's gonna be broke within 5 years.
His sales numbers are shit because his label screwed him and shipped an extremely low number of albums. Basically killing him.

[Unstoppabull]

His last album only sold 60,000. He has no endorsements. Ringtones and $hit are a dying business, he doesn't have the star power to go on a huge tour and make money like a Beyonce, U2, etc. I can imagine how much in debt he already is in, on top of how much he spends on his entourage and dumb $hit. This guy's gonna be broke within 5 years.
Can't wait for dat! :D