Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Wednesday, July 9

U-God Is Scared For His Life.


This is crazier than ODB on PCP. Original Wu-Tang member U-God feels that his life is in danger after filing a $180,000 lawsuit against the group. He thinks associates from the group have been following him for months, and are trying to threaten him in retaliation for the lawsuit against the Wu.

He said that for the past two months cars with Pennsylvania, New Jersey or New York plates have followed him numerous times, but he didn’t contact authorities sooner because he distrusts police.

On one occasion he parked in the garage of his River Court building and when he walked out he saw two men get out of a car across the street, police said. One of them gestured toward his waistband as though threatening that he had a weapon, U-God told the cops.

One time a driver tried to follow U-God's vehicle into the garage, but was unsuccessful, he told police, adding that sometimes the drivers roll down a window and nod at him.


Damn, so that's what Killarmy has been up to -- following around U-God and trying to scare him straight. Or is Sunz of Man behind this? I can just imagine Shyheim and Cappadona rolling around in an old Mazda MPV throwing U-God dirty looks and trying to run him off the road.

U-God should have known from the beginning that Wu-Tang Clan ain't nuthin to fuck wit.

Friday, June 27

Suge Says Goodbye to Death Row Records.


Death Row Records has a new owner. Global Music Group president, Susan Berg, purchased the record label for $24 million dollars after Suge Knight was forced to auction off Death Row due to bankruptcy. I wonder if she can take a punch better than suge?

Burg, who's a former aesthetician, now owns and controls all the masters from one of the most notorious labels in hip-hop history, which includes legendary recordings from Dr. Dre, Snoop Dogg, and Tupac Shakur. If i were Dre, i would would have ponied up the loot to purchase my masters, considering he was the driving force behind all that music. I think he was caught slippin on this one.

Also included in the purchase, were 20 unreleased 2Pac tracks...only time will tell if the world will get to hear those...I'm sure we will, considering Berg could get paid large off those tracks, I just hope it not old Pac accapellas thrown over Lil Jon produced beats. I just love it when non-hip hop business people are in control of the music.

Friday, June 13

I Got 99 Problems, Being Rich Ain't One.


Jay-Z landed at #7 on this year's Forbes ”Celebrity 100,” the magazine announced yesterday. He was the highest ranked rap star on the list, and the only rapper in the Top 25, unless you want to count Will Smith but he's an actor now. Jay-Z raked in $82 million last year in a number of deals, including his recent deal with Live Nation. This dude has more money than he knows what to do with, but the funny part is, his new wife, Beyonce was ranked higher at #4. Looks like she's the breadwinner in the family. Jay needs to stop slacking and pull his own weight around the house.

The other rappers rounding out the Top 100: 50 Cent was #26, Kanye was #27, and Puff Diddy landed at #33.


So, who's number 1? Like you even have to ask... Oprah wins by a landslide. She pulled in $275 million dollars last year ALONE, over twice as much as number 2 on the list, Tiger Woods ya'll.


For the full list, click here.

Wednesday, June 11

Scott Storch Needs to Pay His Bills.


The Federales want to talk to you, Scott Storch. It looks like you have been ignoring those collection notices piling up in your mailbox. Maybe you automatic Bill Pay is broken, you may want to check into that.

Financial and legal woes continue for the multi-platinum producer, as he now owes over half-a-million dollars in back property tax and is facing child support and paternity suits in Florida. What's with hip-hop stars not paying for their kids? Seriously, is that a rule in the How To Be A Hip-Hop Star Handbook? I didn't read that chapter.

According to the Miami Herald, a County Circuit Judge has ordered Storch to be brought into custody by “writ of bodily attachment,” meaning cops can snatch him up and hold him until he posts a bond. Currently, that would amount to $46,000, which is the amount he owes in back child support to the mother of his two-year-old son; $30,000 and $16,000 for a pre-arranged college fund. Storch is also behind on property tax payments that he owes the Bank. You might recall, he put his million dollar yacht up for sale on eBay to cover some bills. The producer still owes $294,492 in property tax from 2006 and an additional $217,346 from last year.

Hey, I have an idea...(1) stop balling, (2) open a savings account, and (3) make more hit records. Hulk Hogan's daughter isn't your meal ticket, buddy. Buying multi-million dollar houses, lavish yachts, and other retarded shit when you don't have your money right is the definition of Hood-rich. Didn't we learn anything from Hammer?