| atl_boy |
|
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Well when you buying YELLOW diamond earrings for millions of dollars you will eventually run out of money~ |
| |
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If It‘s not evident then don‘t rep |
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| RealRandB |
|
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Wat's up everybody |
| |
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R&B music @ www.myspace.com/jdotcreoley |
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| jwilso22 |
|
| |
thats too bad |
| |
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| TeeTeeK25 |
|
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3rd |
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This Pu$$y got u open!!! |
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| burnbattyboy |
|
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5th |
| |
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| Northjerseynik |
|
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Not trying to believe this story. You gotta do better than this MTO. |
| |
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My World/My Way |
|
| eastcoastgirl |
|
| |
THATS SAD. PAY YOUR BILLS PEOPLE |
| |
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| texxxasgurl |
|
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Everybody is going through it right now.... |
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| bigtymvp |
|
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wtf??....his mortgage is the price of a mercedes |
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myspace.com/tymvp |
|
| black_milkshake |
|
| |
HELL YEAH!! that grandaddy fool needs to bounce!! look at the way he treated aaliyah.. 2 weeks after she died his all in big pimpin video what an @sshole |
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| hatelame23 |
|
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IN THE WORDS OF JAY-Z: IF U REALLY PUT ME ON THEN PUT YOSELF ON THEN... LMFAO |
| |
---------------
~New Orleans Bound~ |
|
| Northjerseynik |
|
| |
THIS WAS THE SAME DUDE ON MTV CRIBS THROWING AWAY WHITE T-SHIRTS AND WHITE SOCKS AFTER 1 WEAR!!! SMH |
| |
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My World/My Way |
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| badgal32 |
|
| |
LMAO!!!! NEVER DID LIKE HIS COCKY AZZ |
| |
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| disinquiringmind |
|
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That was Aaliyah's boyfriend right? When did he get married? Does his wife not have a job, they can't pay their bills? |
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Shhh, you ain‘t heard it from me. |
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| TuthBtold |
|
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78, 000 a month..LMAO.
Why don't millionaires buy property out right? Then alll you have to do is pay taxes once a year?
This confirms the fact that the majority of these guys a frontign liek they have money and really don't.....having a net worth of 1million dollars is different from actually having 1 million dollars.
Only the smart people will understand what i'm saying |
| |
---------------
Nas, JadaKiss, Eminem, Jay-Z, Ghostface |
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| paf |
|
| |
I never did like that arrogant creep. He probably never helped anybody anyway. |
| |
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| ucankissmaAZZquick |
|
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Okay!!!
what, you guys expected him to stay ontop w/o Jigga?!! lmao |
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MurderCapitalwhereWeMurder4Capital!!!!!! |
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| Treasure8430 |
|
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<<<IN CHRIS ROC'S VOICE>>>..GOOD LAWD THAT'S A LOTTA MONEY!!.....OH WELL HE BETTA GO PUT SOME NEGROES ON 2 RAP.....SO HE CAN SHAKE HIS FAT A$$ BELLY WHILE POURIN LIQUOR ON SOME VIDEO HOES.....IN A VIDEO SOME WHERE.....BE WAT FANSWORTH WAS 2 DIDDY 2 HIS ACE BOON JAY. |
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PRICELESS |
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| Treasure8430 |
|
| |
DON'T HIS WIFE MAKE CLOTHES BY THE WAY? WAT THE HELL IS SHE DOIN.....WHILE "THEIR" SHYT IS GOIN DOWN THE HOLE? |
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PRICELESS |
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| pinebrook2470 |
|
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better call jay and bey.he was bragging last month that his wife made a billion dollar deal with her clothing line. |
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| TuthBtold |
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Inhis defense..he probably has several properties...due to the market he couldn't sell this one. Seeing that he could no longer afford it, he let the bank take it.
Its still a lesson in over extending your finances.
Get of jay Z's dyck...he isn't as rich as he claims.....and being rich isn't everything you vain MTO phuck heads |
| |
---------------
Nas, JadaKiss, Eminem, Jay-Z, Ghostface |
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| Atarah |
|
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Wow...times are hard for everyone
www.tiffanyjones.yourpassionconsultant.com
www.tiffanyjones.yourpassionconsultant.com
www.tiffanyjones.yourpassionconsultant.com |
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---------------
tiffanyjones.yourpassionconsultant.com |
|
| AKeysWannabee |
|
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Hell, he has money... What's the problem? If he can't pay the mortgage ...move! |
| |
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| TuthBtold |
|
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All these guys do is brag about what they made..how much money soemthign costs
they do the same shyt you block hugging...105 and park watching MTO slaves do....The majority of which still pay rent and don't on shyt of real value.
you guys are as dumb as they are |
| |
---------------
Nas, JadaKiss, Eminem, Jay-Z, Ghostface |
|
| A_Good_Man |
|
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Damn, that's what he gets for messing with Jay. He destroyed a lucrative African American empire and he bit the hand that fed him, now he suffers. |
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| Ky |
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Who cares about credit when you are rich...that man is rich...foreclosure doesn't mean you are broke...Geez |
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| joesama |
|
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DAMN I DONT THINK MY NIGGZ IS STILL POPPIN TAGZ ERREDAY...AND I BET HIS WHITE TEES GET MORE PLAY THAN JUS 1 WEARING...DAMN HOVE FUCCCED THIS DUDE OVER...HE CANT SEEM 2BOUNCE BACK...SHIIT IZ WORSE THAN A DIVORCE...I KNO ERREMAN SHOULD STAND ON HIS OWN 2...BUT JAY REALLY FUCCED HIS BOY OVER...AYO LA REID GIVE THIS DUDE A JOB... LET EM RUN THE ROC...CUZ EVEN HIP HOP AINT BEEN RITE SINCE THE BREAKUP...MTO EMAIL LA REID, SAVE THIS DUDES LIFE...HE MITE FUCC AROUND AND KILL HIMSELF IF HE GOES BROKE... |
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U DON GIVE A FUCC...GOOD, ME NEIVER... |
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| nyfyness |
|
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$78,000.00 monthly payments, now what? People invest your money wisely. Thanks Dame for the education we learned today in finance 101. |
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| shalane |
|
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jigga man was right. if he's going broke he did something wrong.....how you [EXPLETIVE] up that much money fam????? |
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IT‘S THE PERSONALITY THAT COUNT&ls |
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| jerzeethicknez |
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I can't understand how you have MILLIONS of dollars and still have a mortgage!!! Why wouldn't you buy the home outright? But you go out and spend $300k on an effin car or piece of jewelry...
I will never understand SOME of my people! Why are you not out trying to secure your future? Oh well....that's his dumbness. Best of luck with that...*rolling eyes up in my head, looking disgusted* |
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If You Like It, I Love It |
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| blkesq |
|
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MTO I'm gonna need you to run a spell check. |
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| Louder |
|
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Everyone is feeling this economy in the worse way |
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| ChocolaTee |
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Why do you need a $78,000 a month house. You can be fly in a cheaper house. You can get a house for half that, invest the other half and live off the intrest! Nucca's are so stupid! Black people, invest in your lives for the long run. Others do it all the time. Dame with his lame broke ass! Why I oughta! |
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Good Enough is NEITHER! |
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| blaxitive |
|
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entrepreneur ?? onepoornegroe is more like it! |
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GROWN ASS MAN RIGHT HERE! |
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| outspokenone |
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if he is...I pray to best for him. |
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| karnono |
|
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Where is the billion dollar deal his wife had.....???? |
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| gotluv4u |
|
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http://www.freemixtapes.com
So much for fresh to death Damon... Come on dude. Hit up Jay for some of them cakes
http://www.blackbeautytoday.com |
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| Skysthalimit |
|
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I THOUGHT HE AND HIS WIFEY WAS CHECKIN GRIP WHAT'S UP WITH THAT? |
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| DrewBreez |
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Damon needs to pay off his bank debt and learn that even rich people have a budget. |
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| MsGleam |
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That's too bad! Why didn't they sell the house a year ago when they were having money problems...oh I know...Damon's EGO wouldn't allow him to downsize! He was never a humble man...he use to brag all the time!
WORLD'S GREATEST ALL NATURAL JEWELRY CLEANER!
Natures Gleaming Clean puts the BLING on everything :Platinum, Gold, Silver, Diamonds, Opals, Pearls, Chrome & Grillz, it also keeps Fake jewelry Gleaming like it's Real!!!
MySpace.com/MsGleam
naturesgleamingclean.com |
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| Liuka |
|
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You leave the ROC and all things,....."STOP". |
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| Liuka |
|
| |
You leave the ROC and all things,....."STOP". |
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| Conscious1 |
|
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LOL @ the "lost one" reference. |
| |
---------------
I‘m feelin‘ it. |
|
| lala96 |
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| |
idiot. |
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| dukesman |
|
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78K a month? Geez. I don't know why these people don't buy their houses right out. The purpose of buying a house is so that one day you can own it. So if you have the means to own and don't worry about payments, why no do it?
Some idiot accountant or financial advisor probably told him "get a mortgage and it can be a tax write off" That is the worst advice ever. The tax right of miniscule compared to the damage a foreclosure can cause. |
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| lala96 |
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MTO! financil is spelled financial.
get @ me! LOL |
| |
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| hatelame23 |
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@TuthBtold I REALLY DON'T LIKE U...I SAY WHATEVER THE [EXPLETIVE] I WANNA SAY WHO THE [EXPLETIVE] ARE U... I JUST GRADUATED FROM DILLARD UNIVERSITY WITH A DEGREE IN NURSING...I JUST BOUGHT A HOUSE.. I HAVE A TITIAN... I HAVE STOCKS IN MCDONALDS, WALMART, AND WALGREENS...SO KISS MY ASS.. |
| |
---------------
~New Orleans Bound~ |
|
| 121269 |
|
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MAYBE..HIS COUSIN STACY DASH.WILL BUY IT. |
| |
---------------
I JUST DONT GIVA F*CK..F*CK U~ |
|
| hersheykiss11 |
|
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@TruthBtold-I was thinking the same thing-I was hoping they were seizing it for non-payment of taxes but DAMN-but I get what u saying about the net worth
Thats Karma for you though-Jay said it "you lost one" |
| |
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A diva best believe ya... |
|
| Cute_N_Blessed |
|
 |
If I was in that position I would always secure my future. Every house I buy would be paid in full so all I would have to pay is taxes on them. Because even thought you are on the top at one point in time, its not going to last forever |
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www.myspace.com/cute_n_blessed |
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| RoxyGrlNYC |
|
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Thats what happens when you spend your money on foolish ish like cars, diamonds and other non-essentials. Maybe I'm hatin a bit, but it kinda makes me feel good to know that US REGULAR people arent the only ones feeling the burn of this effed up economy right now. |
| |
---------------
Be the change U want 2 C in the world!!! |
|
| WomanOfACertainAge |
|
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DAYUM!! HOW do RICH people go into foreclosure? Don't they KNOW BEFORE they go into default that they're not making the payments. I have no sympathy for him or Ed McMahon because they have/had the means to pay for this house. Now if they squandered it, that's their problem!! |
| |
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I know "The Secret"....do you? |
|
| TreasureT |
|
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Damn Dame.....Neva liked ya a$$ no way. |
| |
---------------
www.myspace.com/blackdiamondent601 |
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| Meka234 |
|
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HAS DAME BEEN HIDING B/C I HAVE SEEN HIM ON TV. HOL ON.... LET ME TAKE DAT BACK B/C NOW WE MIGHT SEE HIM ON A REALITY SHOW, U KNOW THAT'S WHAT THE STARS DO WHEN THE MONEY GET LOW ON FUNDS. PLS DON'T DO IT DAME. LIKE DIDDY SAYS: TAKE DAT, TAKE DAT |
| |
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FEAR GOD NOT THEM |
|
| twanali |
|
 |
OH HOW THE MIGHTY HAVE FALLEN...BIG PIMPIN |
| |
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ITS ALL ABOUT ME HATERS FALL BACK |
|
| getreal01 |
|
 |
I thought the rumor that Damon and Rihanna were broke were just rumors. Guess not! word on the street is that Rihanna has less than 20,000 in her savings account. Damon has been broke for some time. |
| |
---------------
Michelle Obama my hero!!! |
|
| babycheeks78 |
|
| |
I recently heard that she got some fantastic deal with some company in support of her clothing line. I thought she was making dollars. She probably would be better off without him, he probably brought a lot of debt into their relationship. Why didn't they put more money down on their house rather than pay such a huge montly mortgage. He owe over half a mil on that, they need to move out and get a three bedroom somewhere. |
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| rebelspeaks |
|
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I JUST WANT TO SAY NORTH JERSY NIK NICE BLING!!! VERY NICE BLING....
AND DAMON DASH IS ONE OF THE CORNIEST NIG'S IN THE INDUSTRY HE THINK HE JAY AND HE SO NOT...
AND WHEN YOUR NOT JAY THAT WHAT HAPPENS THE BANKS COME AND TAKE YO HOUSE..
YOULL DIG MY NIG!!!! |
| |
---------------
www.myspace.com/rebelspeaksone |
|
| rebelspeaks |
|
| |
AND ONE LAST THING
HATELAME23 WHO HATING ON YOU GO GIRL.... TOO MUCH INFORMATION BUT YOU GO GIRL AND DO YOU
DONT JUSTIFY THE HATERS.....DONT JUSTIFY THEM AT ALL..... |
| |
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www.myspace.com/rebelspeaksone |
|
| ImmaLetDaTruthBeTold |
|
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DAMNIT!!! |
| |
---------------
What‘s Good? |
|
| sexybrain |
|
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ugh! just pathetic! how are you going to OWN or at least formerly own a successful record company and lose your house!? makes no effing sense! what he should done was buy something outright that he could afford and pay for in cash! SMDH! financial education classes are a MUST in these public school system! |
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|
| Nosreme |
|
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Damn.. oh well where's my coffee?
www.girlsthatlove2showit.com |
| |
---------------
www.girlsthatlove2showit.com |
|
| Nosreme |
|
| |
Damn.. oh well where's my coffee?
www.girlsthatlove2showit.com |
| |
---------------
www.girlsthatlove2showit.com |
|
| fcukrehab |
|
 |
It's lonely at the top & it's even lonelier at the bottom when your ass is broke!
Hahahaha! |
| |
|
|
| soulsangr |
|
 |
it's rough out here
for errybody |
| |
---------------
Black is BACK!! |
|
| sdiogene23 |
|
 |
I think he just isn't worried about it. I'm not makin' excuses...cause I'm not into stupid nuvo-rich characteristics. But who knows what's going on. |
| |
---------------
Yeah That Was me, I said it |
|
| sexybrain |
|
| |
damn, damon, what princess jasmine didn't school you on how to run your money right-now you really effed up now! |
| |
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|
| MYPINKSUGAH |
|
 |
WHY WOULD YOU JUMP OUT THERE AND BUY A HOUSE PAYING 78 THOUSAND A MONTH ANYWAY....
YOU GOTTA SELL ALOT OF PIES FOR THAT MONTHLY MORTGAGE.
*** LOVE, PEACE AND JOY *** |
| |
---------------
1003 |
|
| spoiledbarb |
|
 |
I feel bad for him. Losing a home is the worst!!! He should've followed Jay Z's lead!!! |
| |
---------------
Yeah ok!!! |
|
| TROOPER |
|
 |
DAME NOT BROKE. HE MAY LET THIS HOUSE GO CUZ LIKE EVERYONE ELSE IS DOING THEY SAYIN FUCCK IT TO THE BANKS AND KEEPING THEIR MONEY AND DOING OTHER STUFF. UNLIKE MOST OF US DAME HAVE THE MONEY TO FIX WHATEVER CREDIT HE MESS UP CUZ WHEN U RICH CREDIT DON'T MEAN SHIIT. THEN U HAVE SOMEONE SAYING JAY DON'T HAVE MONEY LIKE THAT BUT JAY IS THE ONE THAT GAVE DAME $5 MILLION OFF THE BACK WITH EASE WHEN NO ONE GAVE HIM SHIIT WHEN HE WAS HAVING PROBLEMS WITH PAYING TAXES IN NEW YORK. SO IF THATS NOT MONEY THEN WHAT IS? |
| |
---------------
HIGH FIVE IN THE 09! |
|
| Pocahontas411 |
|
 |
damn mto stay out folks finances!!! |
| |
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|
| lifegroove |
|
| |
78,000 a month? No wonder dude is about to lose his house. That what happens when you try to live that extravagant lavish lifestyle to impress people. Sucks for Dash!! |
| |
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|
| MochaDLight |
|
 |
It's a hard knot life! |
| |
---------------
http://www.myspace.com/mztecie |
|
| Exclusive |
|
 |
I thought his ass didn't need Jay to be successful! LMAO |
| |
---------------
www.myspace.com/mr_robinson2u |
|
| esha718803 |
|
 |
THEY WILL BE IIGHT! |
| |
---------------
I DNT PAPER CHASE, I GRAB TUG N PULL |
|
| TrimmzGirl |
|
 |
That shyt has got to be hella embarrassing.
Stop living out your means and you'd be good... |
| |
---------------
Be a Leader, Not a damn Follower |
|
| ASTATELEGEND4EVA |
|
 |
MOFO'S SAYIN THEY MADE HOV..MADE HOV SAY OK THEN MAKE ANOTHA HOV!!!....STILL WAITING DAME |
| |
---------------
myspace.com/astatelegendz |
|
| we-r-one |
|
| |
I HEARD MOFOS TALKING THEY MADE HOV, MAKE HOV SAY OK, SO MAKE ANOTHER HOV.THIS DAME DUDE ALWAYS THOUGHT HE WAS A CUT ABOVE EVERYBODY ELSE. |
| |
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|
| BleepThis |
|
 |
@ TuthBtold
The majority of which still pay rent and don't on shyt of real value.
-----
I really do not get on people but you are really trying to come off as so much more intelligent then everyone else...your name says it all "Toothe Be Told" that sounds very far from the TRUTH...as for your comments...calm down why does everyone have to be dumb phucks, and stupid and all of those negative terms? If you are so much more intelligent and have better things to do...then get off of MTO (you are a slave as well)...and do something that can help somebody.
Celebs make bad decisions too. Just because someone has money does not mean they know how to properly manage it. Lighten up...God gave us room to make mistakes...it makes him come out on top!
2 Corinthians 12:9
My grace is sufficient for thee: for my strength is made perfect in weakness.
God loves Damon Dash...He created Him! |
| |
---------------
G E O R G I A! G E O R G I A!!! |
|
| Northjerseynik |
|
| |
@Rebelspeaks
Thanks for your compliment. |
| |
---------------
My World/My Way |
|
| Dreayonn |
|
 |
That's sad! Just because you have money doesn't mean some kinda management isn't required. If you're not going to invest, then always put money to aside. You may need it one day!!! |
| |
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|
| nati-boo |
|
 |
sucks for him!! |
| |
---------------
siGning 0ff::nati-b0o |
|
| MISSHIPS |
|
 |
@GREATONE
I HEARD ABOUT THE RIHANNA ONE YESTERDAY ON THE RADIO. AND LADY O SAID THAT SHE DON'T EVEN PAY TAXES NOW THAT'S JUST SAD. WHAT DA HELL IS SHE DOING WITH HER MONEY. IT'S TRUE WHEN THEY SAY ALL THE CLOTHES AND CARS AND STUFF THEY GOT ONE IS BORROWED TO THEM. TOO CRAZY LOL |
| |
---------------
brooklyn we go harrrdd... |
|
| MISSHIPS |
|
| |
I MEANT @GREATREAL01 |
| |
---------------
brooklyn we go harrrdd... |
|
| HeresThaGotchaGotcha |
|
 |
well it is happening to folks across the nation. |
| |
---------------
hell nawl, hell nawl... |
|
| Toot314 |
|
 |
Wow! It's bad everywhere.But,that house note is "CRAZY" $78,504.20.. |
| |
---------------
Never .Ignorant.Gettin.Goals.Accomplish |
|
| Selector |
|
 |
Cómo se dice...Sacudir la Cabeza Maldita
How do you say...SMDH |
| |
---------------
Excuse me while I light my spliff |
|
| barbinbmore |
|
| |
That's a huge mortgage payment to make every month even if you are a celebrity. If you are not making 50 million a year, you can't afford that house. Get a smaller house and stop trying to keep up w/the Carters, the Dupree's or Comb's. |
| |
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|
| SouthernSpoken |
|
 |
Why the hell didn't he sell a long time ago?
He knew he didn't have a job, so what the hell was he thinking?
He was living waaaaayyyyy outside of his means. SMH |
| |
---------------
Did someone say Makeup Artist??? |
|
| yuckfou |
|
 |
Jay made 87mil last year and he's broke
what a shame |
| |
---------------
Knowledge of Self |
|
| yuckfou |
|
| |
Jay made 87mil last year and he's broke
what a shame |
| |
---------------
Knowledge of Self |
|
| FendiFiend |
|
 |
I like Damon but anyone with a mortgage of almost $80k per month needs to KNOW that they are wealthy. Rich doesn't cut it when your overhead is that high.
I wish Dame, Rachel and their children all the best. They're going to need it right about now. |
| |
---------------
Keep wishing, hoping & praying. |
|
| toine5 |
|
| |
How dumb can u be to be paying a mortgage that high? i guess u have to be DAME D. WTF? he's supposed to be smarter than that being a buissness owner |
| |
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|
| NFLGirl |
|
| |
This story was in today’s New York Post. Good for him, he’s a nasty arrogant dude and all the bad he's done to people has came back to bite him in the ass. And whoever, said his wife just got a 4 billion dollar deal is hallucination that is impossible, Her clothing line began to struggle last year even though she has nice sh** it's a recession not everyone is buying 300 dollars tops these days. |
| |
|
|
| JONZ75 |
|
| |
Now that's NOT Fresh "Pause" |
| |
|
|
| Strawberry-Kiwi |
|
 |
He better tell his wife to trick her pussy...[EXPLETIVE].. |
| |
---------------
Undercover...... |
|
| RedDragon |
|
| |
I'd chop my arm off before i paid that much for a house, even if i DID have millions. If u got a little money, buy your house outright. It's your's. nobody can take it from you. Just worry about your taxes and figure that into your yearly icome. So simple. I need to be some of these folks accountant. |
| |
|
|
| speakerboxxxbby |
|
 |
awwww damn ever since him and jay had they differences and split, he been losing it lol |
| |
---------------
my son is my WORLD . lil big head self . |
|
| SilkyBX |
|
| |
While I never liked Dame. This aint nothing to laugh at. I cant wish harm on no one cause nowadays $hit comes back faster then a mug. But Dame if u get this issue fixed learn from it. Treat people in and out of your circle better. And stop acting like a cocky fool. You dont rap you dont sing just stay in the back and be thankful the world knows ya name. |
| |
|
|
| BOOSGIRL |
|
 |
Damn Dame, get ur mind right, money right..Aint that how Bleek said it? |
| |
---------------
~~*I sMell BuLLsHit*~~ |
|
| C_The_Goodfella |
|
 |
"I Heard Motherfukkers Saying They Made Hov
Made Hov Say, "ok So, Make Another Hov
[EXPLETIVE] Wasn't Playing They Day Role
So We Parted Ways Like Ben And J-lo"
Jay-Z~Lost One |
| |
---------------
MY PRESIDENT IS BLACK....AND??? |
|
| Blacque |
|
 |
A mortgage with a monthly bill of 78,000+ is ridiculous. It's only for status! Why jack your credit for appearances only. |
| |
|
|
| TROOPER |
|
| |
HAVE ANYONE NOTICE U NEVER EVER EVER SEEN JAY-Z HOUSE, PENTHOUSE, CARS OR NOTHING. AT LEAST WITHOUT KNOWING IT WAS HIS HOUSE. U NEVA SEEN THE PENTHOUSE HE STAY IN. ANYTHING, RAPPERS LIKE HIM AND NAS LEARN FROM RAKIM. KEEP YO SHIIT PRIVATE. RAKIM NEVER GAVE INTERVIEWS. |
| |
---------------
HIGH FIVE IN THE 09! |
|
| takeitorleaveit |
|
 |
I thought his wife was successful and some kind of clothing line. I thought he was a better business man than that, I hope this is a mistake MTO. |
| |
---------------
Handle your business |
|
| cocosoflis |
|
 |
at least us normals arrent the only ones to feel the recession. |
| |
---------------
I GOTS NO TYME FOR FAKE ONES |
|
| sticks40 |
|
 |
damn, they didn't learn anything from mc hammer. these entertainers/celebrities need to hold that money for use later in life. |
| |
---------------
The truth is in me, so why should I lie? |
|
| LibranLocs |
|
 |
I guess JaY-Z will be getting an apology letter real soon LMAO!!!!! |
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BackUp...You‘re foggin my hater blockers |
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| SystemVII |
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@ Trooper
You right. You never heard anything about Rakim, his money, his private life, or his latest projects. Just do what you do and keep it movin'. Dame has always been about show and flamboyance. Now he has to deal with his sh*t being made public. You wanna stay in the public eye, well stay in it for better or worse. No sympathy for this ego maniac and his BS ways. He said he made HOV, well obviously Jay didn't take his advice. |
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www.myspace.com/battle_kry |
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| JockinJayZ1 |
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"if you really put me on, put yourself on in" - Jay Z LMAO |
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| WhatAnIdiot |
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Let this just be a lesson to everyone. I agree with everyone that said that it would have been wiser to not take up a mortgage. We don't have to sit here and laugh at this man's misfortunes because everyone makes mistakes or goes through hard times. Karma is a bitch, and its easy to say what we may or may not do in a situation if the shoe is on another foot. Now about this Rhianna thing..I just ran across an article:
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http://www.whudat.com/newsblurbs/more/rihanna-fires-manager-partying-with-the-last-20000-in-the-bank-1680818081/%20rihanna
Rihanna’s now ex-business manager Patricia Williams has been recently fired as she says “for no good reason, all in ignorance” and is “livid” with Rihanna & her management company Rebel One’s decision to fire her. Rihanna recently met with Willliams to check on her accounting affairs and was shocked to see that almost all her money was missing.
She instantly accused Williams of “stealing her money.”
Patricia Williams speaks..
“I’m a professional Business Manager, I have a staff of more than a dozen, I have worked for many high profile actors, musicians and multi-million dollar corporations. Why would I steal from Rihanna? I showed her all the paperwork and tried to explain to her the circumstances but she wouldn’t listen. She called me all sorts of horrible names and stormed off. I now feel compelled to share with the world the background story as I will not allow my name to be slandered”
The Barbados born singer has had four back-to-back albums, including a re-release since her debut of “Pon De Replay” in 2005. According to Willliams, Marc Jordan, manager and owner of Rebel One Management has been taking care of Rihanna’s financial situation with her.
“Def Jam doesn’t fund Rihanna properly, so Marc uses the money Rihanna makes from third-party endorsements and from tours to fund her album and music videos.”
“Since 2005, Rihanna has been sponsored by the likes of JC Penny, Samsung, CoverGirl, Secret, Venus Breeze etc, and has gone on two major tours, most recently label-mate Kanye West’s “Glow in the Dark” Tour and with Pussy Cat Dolls across Europe. I don’t want to disrespect Marc’s name. He is a fantastic manager and genuinely believes in Rihanna. But he uses her money to fund her future projects because he believes he can break her in the world-market. Her album sales are not nearly as close to her single sales and he knows that if she is only known as a ‘singles artist’ she will only be as good as her last hit. Unfortunately, he didn’t inform his client and I’m receiving the brunt of it.”
“Her record label Def Jam has put out 3 albums in a time span of 2 years. A lot of that was orchestrated through her management Rebel One. It was never Def Jam’s intention to release so many albums back-to-back but Marc Jordan found loop holes and ways to make it happen.
A lot of the money Rihanna made was through her endorsements between CoverGirl cosmetics, Samsung.. Notice that majority of Rihanna’s videos have a cell phone in it?”
“After the release of Rihanna and Teairra Mari, Def Jam had the intention to drop both acts because their album sales were not successful. Her manager fought to get “S.O.S (Rescue Me)” and quickly tried to negotiate with as many companies as possible. Nike picked up the song and funded a video.”
“This brought the hype back for Rihanna in the company’s New York office. The majority of the official ‘S.O.S’ video was funded by Samsung because the record label was only willing to put up a small amount. Once ‘S.O.S’ picked up digitally and at radio, Def Jam agreed to fund the rest of her album. Jordan instantly got a video shot to ‘Unfaithful’ (he negotiated with video director Anthony Mandler to drop his price and would be given more videos from Rihanna in return).”
“Then they shot ‘We Ride’ which was an extremely cheap video to create. ‘Break It Off’ was released as a third album, but again, Def Jam was unhappy with the sales of her album A Girl Like Me and refused to shoot a video.”
“At this point Rihanna was opening up for the Pussy Cat Doll’s in Europe. She was making 30,000 a show but she didn’t see any of that money because it was needed to fund her next album.” Which is now known to the greater public as a Good Girl Gone Bad.”
“The song “Umbrella” was found & Jordan fought again for Rihanna to have it. They shot the video, which CoverGirl funded half of, and the song became a success. When the record label had their meeting with Music Stores across the U.S to order her album for shipment, the number’s weren’t coming in the way that they expected.”
“When the album’s first week numbers came in at less than 150,000, the label was shocked. Def Jam’s President LA Reid was livid! “Umbrella” was #1 for 11 weeks! Any other artist would have sold way more first week. T-Pain even did better in sales than her that week. Def Jam told Jordan they were no longer funding the album, so Jordan needed money again to pay for music videos ‘Shut Up & Drive’ and ‘Dont Stop The Music’. Almost 250,000 was spent to have those videos created. Plus, an additional 120,000 to shoot ‘Hate That I Love You’.”
“Jordan was noticing that ‘Dont Stop The Music’ was picking up, so he persuaded the label to support it at radio in the U.S and the remaining singles, and they did. Then came for the repackaging of her album Good Girl Gone Bad, which is called Good Girl Gone Bad: Reloaded, that entire project was funded through Rihanna’s money.
“‘Take A Bow’ was bought through her money, the video was created with her money and so is her most recent video and single ‘Disturbia’. The label didn’t even want to pay a dime for anything! Close to 750,000 was spent on those two songs alone. And now she expects to see money in her account?”
Williams states that Jordan, her publicist from well-respected public relations firm 42-West, Alicia Silverman has built alot of hype around Rihanna’s name but the singer has only made “a little bit above a million” and “all of it was spent on making her as big as she is now.”
“It’s not my fault that she only has 20,000 to her name.” |
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| SystemVII |
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@ WhatAnIdiot
How does a publication like that make such grammatical errors and expect people to take them seriously? Every publication uses WORD. |
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www.myspace.com/battle_kry |
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| SEXY-CHRISSY40 |
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OK |
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@ ME THIS FE REAL.... |
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| WhatAnIdiot |
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System VII, LOL I have no idea! SUPPOSEDLY, It came from the NY Times or NY Post..DOUBT IT! I guess thats the reason for it being placed in the "rumors" section of the site. I just thought that the information would be interesting to those that brought it up on MTO. Even if it IS accurate, it goes to show that everyone that has money doesn't necessarily lose it by spending it on bling. It helps to answer the question of "What the hell happened?!?" |
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| cocoofchanel |
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THATS WHAT WRONG WITH YOU CELEBRITIES, BRAGGING AND EARNING SO MUCH MONEY AND YALL CANT EVEN MANAGE THOSE MILLIONS!!!!! YALL ARE $$$$$ DUMMIES!!!!! TAKE A FINANCE CLASS OR TWO!!!!!
$$$$$ DUMMIES!!!!! LOLZ!!!!! HAHAHAHA |
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OBAMA NATION!-->myspace.com/cocoofchanel |
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| Sunshine1 |
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I never liked him....too arrogant. |
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Spread A Little SUNSHINE ;-) |
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| Southside773 |
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Wow..its very unfortunate...Its kind of corny that these entertainers can't manage their money any better than that. Goes to show you can't live beyond your means. Dude was pretty arrogant, never was really all that humble.
Regardless I hope dude learns from this and get his finances on track..I don't wish hard times on anyone. |
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| misskdc |
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Wtf? I thought that he had money! |
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| watzgood |
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$78,504.20-a-month THAT'S A RIDICULOUS AMOUNT OF MONEY TO BE SPENDING ON MORTGAGE DAME BETTER TRY TO REKINDLE THE RELATIONSHIP WITH JAY AND GET A LOAN OR SOMETHING. |
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myspace.com/nazarrah |
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| misskdc |
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Wtf? I thoght he had money! |
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| focus |
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This guy had a record label, clothes line and what else? SMH....some celebs need to take a course in financial management just like the average person.
As for the Rihanna article and missing money, Bill Cosby says to "sign your own checks." You must know where your money is going.
Plus, these record companies are nothing but sham artists. You have folks like L.A. Reid walking around with bling while a talented artist, who can sing, sells many cds, is making a pultry income. I wouldn't have it and I wouldn't be so desperate for a record deal to tolerate that BS either. The moguls are making their riches off the backs of their talent and that just shouldn't be. After LaFace had financial difficulties with so many artists, I don't trust L.A. Reid anyway. From Toni Braxton to TLC. |
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| focus |
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And Motown cheated a lot of their artists too! I guess that's why Gordy was mad about some of the scenes in Dreamgirls :-) |
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| NOTLOOKINBACK |
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DAMN DONALD TRUMP SAVED ED MCMAHON'S ASS WHO WILL SAVE DAMON DASH'S ASS?---$78,504.20-a-month mortgage DAMN WHAT THA [EXPLETIVE] THA NUCCA WAS STAYING IN A [EXPLETIVE] SPACE SHUTTLE |
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BYTCH U MAD? CUZ ITS DA TRUTH!!! |
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| Missmedia81 |
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Living above his means he had a wife that was trying to be the next Kimora. It was all bad. |
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| MissJoy70 |
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I never login but for this oh yeas Im laughing my ass off about this good for him h[SPAM]h[SPAM]! |
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| LoveyHowell |
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ITS SUCKS BEIN LAST HUH DAME HIS HEAD IS SOOOOO BIG IM LAST 2 SOO I UNDERSTAND |
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Oooo Thurston, I‘m concerned |
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| nubee318 |
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@ Not looking back...
LMAO
That's what I thought.. what kinda house is that?
That is too much money- rich or not. |
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louisiana gul |
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| 121269 |
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some of yall belivers..GETS ON MY DAMN NERVE'S.. they can go go broke ...I SEEN ON THE NEWS 2NITE RHI-RHI..IS BROKE.. SHE ONLY MAKING MONEY OFF CONCERTS..damn yall stop a$$ kissing and face the facts...damon was lost ANYWAY AFTER HIS GIRLFRIEND AALIYAH DIED... |
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I JUST DONT GIVA F*CK..F*CK U~ |
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| KEEYSHAJ50 |
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HE NEED TO GET A DAMN JOB I FEEL FOR THE KIDS SMH... |
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...BISD-09-09... |
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| Salome |
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Anyone who can afford a 78K mortgage a month will never get my sympathy. Anyway, she's a world famous designer so who cares. She'll sell a few more dresses and they'll end up living in Dubai. |
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| DriftGirl |
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I'm sure he has a plan and will land firmly on his feet ;) |
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MySpace.com/DriftGirL |
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| polo617 |
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i thought he was caked up. maybe Jay or Kanye can give him a loan |
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| cNinja |
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"A FOOL AND HIS MONEY WILL SOON PART"
bET JIGGA WONT BAIL HIM OUT OF THIS ONE.... |
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retarded comments turn me off from MTO |
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| jamrockyouth |
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THESE BOYS ACT LIKE THEY ARE RICH AND THEY ARE PAYING RENT U NEED TO BUY YOUR PROPERTY OUTRIGHT WHAT THEY CAN DO IS BUY HOMES OVERSEAS LIKE HERE IN JAMAICA WHERE THE US DOLLAR IS LARGER THAN OUR CURRENCY BUT I GUESS THEIR "MANAGEMENT" IS NOT AS SMART AS THEY SAY |
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| mzdee513 |
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It's true. If you go to the New York County court records on line, he has to go to court on 9/16/08 about this.
County: New York
Index #: 116452/2007
Case Status: Active
Plaintiff: 25 WEST 39TH STREET HOLDINGS
Plaintiff Firm: WACHTEL & MASYR, LLP
Defendant: DAMON DASH ENTERPRISES I
Defendant Firm: ADAM RICHARDS LLC
Appearance Date: 09/16/2008
Justice: SHULMAN, MARTIN M |
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Luvin‘ 2 Live, Livin‘ 2Luv |
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| mzdee513 |
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And they have a few more companies that have been suing them as well. He needed a serious financial adviser a long time ago, because he obviously didn't know what to do with his money.... |
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Luvin‘ 2 Live, Livin‘ 2Luv |
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| newxoney |
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easy cum easy go.... lol |
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| NikkiNova |
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Mo Money.....Mo Problems all the money he HAD and he didn't pay his BILLZ |
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Planting A Garden, I Need A Hoe..U Busy |
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| TheRose |
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Since January???
If it was anyone else they would have gotten put out of their home by now. Celebs get all the breaks. |
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Don‘t make me do it. |
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| Backyardtrim |
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This explains why Jay-Z stopped doing business with Dash; the brother can’t manage his money or women. |
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jUST dO iT |
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| Atlantathugboy01 |
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DAng man ads why u dont go out and get million dollar homes, with high taxes, and when your money gets hort u lose it all, man just get a 5 bed room house with a full basement pay cash and be done, while u riding high, so when ur money get weak , atleast u own your home and dont have a mortgatge, just cause u on tv dont mean u live like a tv star |
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| brownspade |
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Again I can't stress this enough. All that talk about Ice, platinum chains, fancy cars and all that bull sh%t don't mean a thing when its time for the banks to foreclose your home for deficiet of morgage payments. Kanye's moms home got forclosed on too, right? Oh, and theres lil kim, Baby, and oh scott storch. What a fantacy world the music business must realy be. All this talk about having lots of money, fancy $500,000.00 + cars, and expensive jewelery, is a freaking hoax; the banks are closing in on the frauds... |
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Just a Thought |
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| Karisma |
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See, and I bet somehow it's Jay's fault that dame is broke and can't pay his mortage. Good luck to them but I know if Dame could go back and change the hands of time he would and Roc a Fella would still be together like it once was. Lesson learned kitties, never kick a gift horse in the mouth, and if the people are making you money don't f.u.c.k. with them because once their gone, you're money well will dry up. |
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" Ya‘ll touch him, we riding" |
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| 2Sassy4U |
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WHO CARES!! |
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| MsAronda |
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Just because he's mega rich doesn't make is less sad that he's losing his home. We don't even know if he lives in this house or not.
I'm sure he'll figure something out. |
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**RonKakes** |
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| smittenhouse |
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Here's when no ones gives a [EXPLETIVE]!!! Looks like killa Cam is killing you!!! Bet your missing the Bestie Jay now ehhh??? |
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smittenhouse.blogspot.com |
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| bej112 |
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ea i looked it up this is title search name Dash Damon / Roy Rachel on 02/26/2004 he payed $3,875,000.00 70/80 he put down 1,162.500 his second is 387,500 its a condo 5,142sf the seller when he got it is Ewart Joseph who is he? but [EXPLETIVE] he can pay his dam bills? that [EXPLETIVE] need to stop flossing. |
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