Rapper DMX down to $50 USD networth
09-24-2013, 06:02 PM
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Rapper DMX down to $50 USD networth
In a real-life situation that sounds more like a tired old country song than the latest hip-hop single, rapper DMX has $50 in his pockets and nothing in the bank.
New court filings in the bankruptcy case of Earl Simmons, aka DMX, show the rapper has little to report in the way of assets as well as expenses that exceed his monthly income.
One of the top-selling hip-hop artists ever, DMX now says hes down to $50 cash on hand. Not only does he report, under penalty of perjury, that he has zero dollars in the bank, but he also denies having any personal property of valueno electronic equipment, no jewelry, no clothes and no cars.
Besides the $50 cash, DMX says the rest of the $1.4 million in assets to his name are tied to pending litigation and other claims.
As for his monthly budget, DMX is spending more than hes earning. Court papers show the rappers estimated monthly income is $5,000, but monthly expenses are $5,221 (including $1,000 on clothing and $500 on laundry and dry cleaning).
http://blogs.wsj.com/bankruptcy/2013...g-low-on-cash/
New court filings in the bankruptcy case of Earl Simmons, aka DMX, show the rapper has little to report in the way of assets as well as expenses that exceed his monthly income.
One of the top-selling hip-hop artists ever, DMX now says hes down to $50 cash on hand. Not only does he report, under penalty of perjury, that he has zero dollars in the bank, but he also denies having any personal property of valueno electronic equipment, no jewelry, no clothes and no cars.
Besides the $50 cash, DMX says the rest of the $1.4 million in assets to his name are tied to pending litigation and other claims.
As for his monthly budget, DMX is spending more than hes earning. Court papers show the rappers estimated monthly income is $5,000, but monthly expenses are $5,221 (including $1,000 on clothing and $500 on laundry and dry cleaning).
http://blogs.wsj.com/bankruptcy/2013...g-low-on-cash/
09-26-2013, 07:43 AM
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^LOL. With the latest album only having one good track, I can see why there's no money. He's done. Maybe should have gone back to acting again? 