Duke_Droese
Superstar
When you push mortgages beyond your means and things get tight, it's a disaster in waiting if the properties don't sell at the price you need them to.
Last edited:
I said this last year…Y’all still believe these hiphop “moguls” are billionaires?
Not pocket watching, but Jay ain't a billioanire off no damn liquor.Meanwhile
JAY-Z & BEYONCÉ $200M MALIBU PAD PURCHASED IN CASH, BABY!!!
$200 million is an astonishing amount to just about everybody in the world, but if you're Jay-Z and Beyoncé, you can afford to drop it all at once ... and still be one of the richest couples on the planet.
Sources with direct knowledge tell TMZ ... the two paid $200 million CASH for the 30,000-square-foot Malibu mansion purchased from William Bell, one of the biggest art collectors in the world.
Jay And Bey's New Pad Launch Gallery
Anthony Barcelo
The figure is mind-boggling ... but if you look at the couple's financial portfolio, they've certainly got the assets to make it work.
Anthony Barcelo
According to Forbes, Jay is worth $2.5 billion ... thanks to his lucrative liquor businesses, Ace of Spades and D'Usse, his music catalog, and his fine art collection -- with pieces from Basquiat.
In 2022, Forbes estimated Beyoncé's net worth to be just shy of $500 million ... crediting her tours, music catalog, and appearances in feature films to the majority of her wealth.
Of course, she also just kicked off her "Renaissance" tour, which is expected to rake in more than $1 billion ... so their net worth will only go up from here.
TMZ.com
In conclusion, Nas lost
Teach usDebt Is a tool
It's incredible how little the person who made that knows about basic banking and finances.This is some sensationalist “journalism”. Like no shyt he owes money, he has mortgages. Nothing said he’s behind in payments. And it makes no sense to sink liquid capital into paying cash for properties when the interest you’re accruing on growth of that capital is 2x or more the interest on the debt. They need to stop publishing just anything with his name attached