newworldafro
DeeperThanRapBiggerThanHH
156k, is manageable? You dudes don't understand earnings, money and spending.
He's going to have to earn about 250k (taxable) to pay 150k (liquid)
He's mortgage is probably around the same. Think about all the other bills and expensive he has, 13k a month is killer.
Celebrities money is funny. He might earn 5 mil one year and 2 mil the next. 2 mil after taxes is like 1 mil. You think giving up a quarter of your earning is manageable?
This Tyrese Gibson, the R&B singer and Hollywood actor, not Tyrese Gibson the the insurance salesman in Baton Rouge, LA.
We talking about a celebrity that has been in entertainment for 20 years, making millions over his lifetime. He can't put aside $150,000 for a year? He should have $2 - $3 million stashed or in property or investments.
Now I AGREE, that he has probably self blacklisted himself.....so yeah $156k may be a lil/lot more cumbersone moving forward, but still I don't get how these celebrities keep going broke. There are hundreds of celebrities they can study to avoid making the same damn mistakes.
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