: Jay Z looks to have started the new year off the wrong way. MediaTakeOut.com has EXCLUSIVELY learned that last week the former head of Def Jam lost more than $500,000 in a high stakes poker game in Las Vegas.
A person who was in attendance at the game told MediaTakeOut.com exclusively, "It was supposed to be a friendly game with everyone betting only [a few hundred dollars] a hand ... Jay Z was down only about [a thousand dollars] when he raised [another player] $500,000."
The insider explained to MediaTakeOut.com, "It was a bold move for Jay Z - unfortunately his pair of queens didn't beat [the other player's] flush." The source added, "There were professionals at the table, he really should have known better than that."
We know he's got long money and all. But he can't be happy about losing $500K in a matter of seconds. Besides, if he keep's taking hits like that, he'll be back on the block hustling rocks in no time...
ITS NOTHING TO HIM....BUT ITS PLENTY TO US!!!! AGAIN I ASK WHY IS IT SO IMPORTANT TO BE #1 ON HERE!!!?? TELL ME YOU MUST GET A SECRET PRIZE OF SOME SORT?? LMBAO!!!! @ BUTTBREATHEBEYONCE....YOU MUST HAVE HAD A PERSONAL EXPERIENCE WITH BEYONCE OR SOMETHING?? BECAUSE THE HATRED IS SOOOOO STRONG!!! I MEAN.....FROM THE PIC TO THA SCREEN NAME TO YOU ALWAYS NEGATIVE COMMENTS ON HER AND JAY!! I MEAN....INQUIRING MINDS WANNA KNOW!!!!
IF the story is true... and I stress IF, I can't help but to think that the $500K could be better spent. Maybe paid for AT LEAST 10 struggling black people to get a 4-year college degree.
Even if half of them wasted the opportunity, it would have been a much better social investment. MUCH BETTER than to pay all into the coffers of those whose main goal is to get richer off of the backs of poor people.
If this is true, Jay-z has got to be the worst Poker player ever!
How the f uck do you go from being down a thousand, to betting a half mil on a pair of Queens?!
Just when I thought his hustle game was on point. I guess the muthaf ucka who took his $500,000 in a matter of seconds is the real hustla.
And everybody needs to leave BUTTBREATHBEYONCE alone. I haven't seen her in awhile, but she is funny a ss hell.
ARE U BROKE BLACK PEOPLE ON JAYZ'S PAYROLL??? I MEAN YOU PEOPLE COME ON HERE AND DEFEND THIS HOODRAT WHO GOT LUCKY THRU FREEMASONRY AND THE ILLUMANATI CONNECTIONS HE HAS......BECAUSE HE AIN'T THE GREATEST NOTHING (CERTAINLY NOT RAPPER)........PEOPLE ARE BLIND TOO THE WITCHCRAFT OF THIS MAN AND BEYONCE....YALL WORSHIP THESE IDOLS WHO CARE NOTHING ABOUT YOU....AND IT SEEMS YOU DUMMIES GIVE LESS VALUE OF SOMEONE'S OPINION BECAUSE THEY'RE NOT A MILLIONAIRE....WHEN GOD ON THE OTHER HANDS DON'T GIVE A CRAP ABOUT YOUR BANK ACCOUNT.....IN GOD'S EYES WE ALL HAVE THE SAME STATUS QUO AND WILL BE JUDGED.....MONEY OR NOT.....WAKE UP AND QUIT FOLLOWING AND DEFENDING THIS DEVIL WORSHIPER....THOSE DEMONS BE TORMENTING JAYZ AT NIGHT ....THIS MAN HAS NO PEACE IN HIS LIFE.....HE HAS ALL THIS MONEY AND BEYONCE....A WOMAN WHO IS NOT RIGHTFULLY HIS.....WHEN YOU WORSHIP SATAN HE GIVES YOU THINGS YOU COULDN'T GET OTHER WISE....WAKE UP AND QUIT IDOLIZING THIS DEVIL WORSHIPPER...JAYZ STANDING IN A PLACE HE DOESN'T BELONG.....GREATEST RAPPER MY FOOT.....DEVIL IS A LIAR!!!! HAHAHAHAHAHA
I'm a poker player myself and I know JayZ could NOT have bet $500k when he only had $1000 left on the table. If they were playing in Vegas I'm sure they were playing by normal poker rules and that is that you can only bet what is in front of you, you can't pull money out of your pocket in the middle of a hand, it's not fair to the other players. Furthermore, the person who won the pot would have had to have $500K of his own money on the table and if it was a 'friendly game, a few hundred dollars a hand' as the story reported there would not have been that much money changing hands. This is a load of bullcrap and just shows Media Takeout will post anything to fill up space on their website.
@ Prophetic_Seer, THESE PEOPLE ARE SO BLIND IF YOU GO TO YOUTUBE IT WILL BREAK DOWN JAY-Z AND THE FREEMASONARY. THE DEVIL IS SURELY A LIAR AND THAT SIGN THAT YALL THROW UP AT HIS SHOWS, LEARN THE MEANING OF IT. HES TAKING YALL DOWN WITH HIM. SO SAD HOW THEY IDOLIZE ANOTHER HUMAN. DO A BACKGROUND CHECK ON SOMEONE BEFORE YOU START IDOLIZING. IDOLIZING IS NOT AN OPTION. PEOPLE BETTER GET THEMSELVES STRAIGHT.
PUH - FUKKING- LEASE MTO!! JAY- Z IS WORTH $547 MILLION!!!
$547 MILLION $547 MILLION $547 MILLION $547 MILLION $547 MILLION $547 MILLION
That was nothing to him! And how can you bet that much at one time? I don't know much about poker but that sounds odd! Fred you know that was not a loss to him, hating because him and Beyonce(who you hate on so much) rank higher than your gay ass in everything.
@KENYATTA27.....I CAN SEE THAT YOU PLACE VALUE ON PEOPLE BY THE STATUS OF THEIR BANK ACCOUNT.....SO IN OTHER WORDS IF A PERSON IS NOT A MILLIONAIRE .....THEIR OPINION DOESN'T MATTER AND THEIR VALUE IS ZERO...NOT SO......WHEN YOU DIE OR IS SUFFERING WITH A TERMINAL DISEASE......LET ME BREAK IT DOWN TOO YA GURL.....MONEY CAN'T STOP DEATH OR SICKNESS.......DIFFRENCE BETWEEN YOU AND ME....I DON'T WORSHIP MONEY....I WORSHIP GOD ONLY....DON'T GET IT TWISTED.....I'M NOT JEALOUS OF JAYZ....I ACTUALLY FEEL SORRY FOR HIM...JAYZ HAS FORGOTTEN THAT THIS LIFE IS TEMPORAL (SHORT) BUT ETERNITY IS WHAT MATTERS THE MOST.....AND SISTER GURL ......HE'S NOT PREPARED.....SO HE BETTER ENJOY HIS HEAVEN ON EARTH...... BOOYA!! I'M OUT.......
I'm not knocking nothing anyone has said on here, but they totally lost me at Jay worships the devil and something about "the rock sign" he throws up and God. Damn, why can't people just enjoy music and still go to heaven? Why can't people just want to be comfortable finacially while here on earth and still go to heaven? Why does being rich mean you worship money???? Maybe I'm not deep enough or maybe some people are a bit too deep and take things out of context to make it into something it's not???? But I'm open to being educated on some new sh*t!!!!
@ BUTTBREATHBEYONCE IF YOU GO ON YOUTUBE, IT WILL SHOW ALL THAT STUFF I WAS TALKING ABOUT. THAT SIGN THE ROC SIGN IT IS SYMBOLISM OF THE ALL SEEING EYE, YOU KNOW ON THE BACK OF THE DOLLAR BILL. THE EYE IN THE TRIANGLE. ITS GOING TO BREAK ALL OF THAT DOWN. JUST PUT IN JAYZ FREE MASONARY. I AM JUST TO DEEP, I DO ALOT OF RESEARCH ON THINGS.
That is absolutely ridiculous. As a people, Black folks gotta do better. Leonardo DiCaprio and Cameron Diaz have $24,000 Toyota Hybrids and Jay-Z and P. Diddy have $300,000 Bentleys, $400,000 Maybachs and $10,000,000 private jets. I understand if you want nice things, but come on now, what are you trying to prove to the world and to yourself??? Rich white people spend hundreds of thousands on their children's education so their kids can get degrees and be billionaires by age 40, rich Black people spend hundreds of thousands on cars, rims, bass systems, jewelry, grills, weaves, purses, shoes, etc, etc, etc. Black people get so happy to get some dollars in our pockets, we don't know what to do with it so we waste it on frivilous crap. That's why people like Mel Gibson and Steven Spielberg stay filthy rich and wealthy. And people like MC Hammer and Mike Tyson had to file for bankruptcy.
I'm sorry but all that lavish, unnecessary wastefulness is an insecurity/self-esteem issue. If he was worth three times more than Oprah (which would be about $7 billion) that would have still been a senseless move. He was trying to show out and show flow and got broke off. Hopefully, we will eventually grow beyond this.
^^^^LMAO Yeah you know when somebody got a name like ButtBreath they don't have no life b/c she's too concerned about Beyonce's. Too bad Beyonce is still rich, beautiful, and successful while she's broke and behind a computer looking at her. LMAO
Anyway this story is probably a lie and if it ain't who cares? 500,000 is penny change to Jay-Z. He got another 500 mill so he's doing alright.
HATERS WITHOUT A POT TO P!SS IN WILL TRY TO P!SS IN YOURS....KEEP HATING CHUMPS!" *************************************************
hercules I love that saying! I'm going to use that for my signature! lol
and showtime what them people can hate whoever they want, what is it to you? you just criticize them for hating on Jay when you hating on them! why spend time worrying about folks who hate celebs when them celebs don't give a flying F*ck about you?
It's his money, he can do whatever he please, if he blows it oh f*cking well! He don't pay any of your bills! And people please stop associating One black man TO THE ENTIRE black race! damn!
Of course he would loose that much around tax time...all he has to do is write that off on his taxes so he won't get in trouble with the federal. Remember this pass xmas Oprah was giving out those refridgerators, and all that other stuff on her show....that's because she has to write that out on her taxes.
MTO you all need to get a damn life. When is a grown azz man losing his hard earned money anyone's business??? this is not a gambling problem. WHen your azz is broke, and you are going to the casino to blow the rent, food and utility money...then that's a problem! Shut the hell up Freddy and get some real damn news!
To everyone saying that's nothing for him to lose, remember Hammer was rich too once upon a time and Micheal Jordan recouped his loss with his next shoe.
Don't put Jayz and Micheal Jordan in the same category. I don't Jayz even went to highschool and Micheal went to college. Yeah they both are rich and they both retired, cameback and flopped but that's where the comparisons end.
Jay has donated to charitys and has even provide water for children in Africa!! Ilove Jay so much! I don't know why people say that he looks like a Camel.
But what Jay needs to do is buils a damn garage for those ghetto ass bitches that lives in Marcy Projects that's parking their Range Rovers, BMW, Mercedes Benz..and believe it or not, I even seen a GT Bentley parked outside of Marcey!! I am so tired of people that lives in the projects and buying cars like that!! Move out of the projects!!
LMAO@Buttbreathbeyonce..but please give my BK Don Jay a break!!
@Myna..People may think that he's a Camel but I will bet you your bottom $$ that if Jay was to approach any female on here they'll drop their panties unless their straight up Lesbians!! I love Jay..I think that he's very Inttilectual and Well rounded and he's from Brooklyn and I love him!! Maybe my new name should be Jayisthebest!! He rocks NYC and I love him!!
These people on here are crazy and I think sometimes people spend too much damn time tryna prove how "deep" you are you start talking out your a$$!!! The symbol he throws up is representing the triangle on the dollar sign, but it means he's all about his money it ain't got sh*t to do with the devil and anyways how does the triangle on the dollar which states "IN GOD WE TRUST" have ANYTHING to do with Satan???????? I don't idolize any famous people, but I'm a big fan of the man's music and I'm sure that's the same way most people on here feel. You have to give credit where credit is due and he has made A LOT of great music, made A LOT of good money and has done A LOT of good things for the community, but of course him being a black man and a rapper the media does not point it out as much. So what he does with his millions of dollars he worked hard for is his B~I, money makes this world go round so ain't nothing wrong with wanting to be rich while you're here on earth!!!!!!!
@Lockstress..LOl!! I mean..the Chanel Rocking, Christian Louboutin want to be rocking..Gucci..Prada..Jimmy Choo..Guiseppi Zanotti..wearing..Cant clean their kids noses when they sneeze..low class..welfare recipiant..Section 8, WIC Jiggets having Bitches!! I even had a falling out with a group of girls that lives on Myrtle Avenue, driving a Range Rover..all of in my mans face!! Looking at what Ihad on!! Talking about..yeah I was rocking Louboutins during the Spring!! I was like you can rock Louboutins all year round babe!! I was like yes I drive a Mercedes but I also have a garage to put that sucker in at the end of the night and I'll see your range on the streets!! LOL!!
@Myna..that's not true!! Jay had lots of beautiful women when he was just out in the streets!! And besides..any broke man will be lonely!! I wouldn't be with a nice looking broke man that doesn't have anything to bring to the table..eating up my food..watching my TV and running up my PSE&G bill..Palease..none of them will have those beautiful women!! But I know of someone that Jay has been with when he was just in the streets and she's beautiful..with a very nice shape..real hair..beautiful brown skin and he helped her start her ow business..I respect him for that b/c he didn't forget where he came from!!
Someone is out of their league. 500K ain't gonna break Hov, but that was the sucka bet. If anyone knows poker like myself, Jigga will play with these people again, and will loose even more (because now for him, it's personal, somone got away from dude with a half mil). Ain't this the same demon that destroyed Jordan.
@Myna..I feel ya! However, that's what everyman has to do in my book! That goes to show everyone that he's real!! I love Jay! Every man has to do for any women that is successful more then what they are doing for themselves..every man that is successful or street guys..that has money treats women nice!! If you carry your self like you should get treated that way!! Ugly or not!! In order for any man to get a good women that has her own has to come to the table point blank!!
And this story is about him wasting 500k knowing that those chicks from Bedstuy is drving around in Range Rovers, wearing Monclair down coats that cost 800 (never catch me wearing what they wear)needs to have some kind of Garage to park their trucks in..meaning they should move out of the PJ's anyways!! Jay can do what ever he wants to do with his money..at least he moved out of the PJ's and not driving around with a nice car living there with dog piss in the elevator!!
please, that's chump change...that's nothing to him. He probably was gonna use that money to tip the shoe shine man, but when the dude didn't shine his shoes the right way, he just said f.uck it, and threw it away in poker...that's like a nickel to him, damn MTO, y'all act like he spent 5 million dollars in one hand.
Um, why is this headline news again? Seriously MTO, scrappin the bottom of the barrel today? Between him and B they have what, roughly $745Mil so lets calculate that...(hold on while I grab my calculator, that aint no simple math)
$500,000(Poker Loss) [SPAM]___ $745,000,000 (Mr. and Mrs. Carter Net Worth)
=6.71140939597315436241 61073825503e-4 =0.000671
That's a MILLIONTH of their NET WORTH.... MTO, do you really think he cares?
On a serious note, that money could have gone to the United Negro College Fund, or some other cause to help young children and such, because whether we want to believe it or not, our kids NEED an education. I really hate to see our people have all the money in the freaking world, and do absolutely nothing with it besides show off. I wouldn't want anyone to know I lost that kind of money playing poker...but as I stated, when you love showing off, to him, it makes him "look good" I guess to have people say, "Daaaaamn, he balling like that?"
IF THIS IS TRUE, WOW. PEOPLE IN AFRICA- NO FOOD SLLEP ON DIRT FLOORS, DRINK FROM POLLUTED LAKES, DYING FROM AIDS, WOMEN RAPED AND MUTILATED. AMERICA-HOMELESS, CHILDREN WITH NO PARENTS, PEOPLE LOOSING THEIR HOMES, BLACK CHILDREN THAT WONT BE ABLE TO GO TO COLLEGE. THAT 500K COULD HAVE WENT A LONG WAY, IT'S NOT ABOUT HAVING IT BUT WHAT YOU DO WITH IT.
So many comments to chose from. The camel jokes are makin the crack in my ass longer....
Anyway don't care one way or the other. But just wanted to educate or be educated...Jay-Z net Worth is $547m okay, that is net worth...that is not cash in the pocket. you have to liquidate (sell off) to get the funds. Right, so tomorrow it could be on the news that he is a under cover crack head and then start falling off. You know how the media is (check out Britney)who would want to purchase his businesses etc. And another thing. Get real if you think these stars are tight as you think. yes, they have money, more that the rest of us. But, a lot of the things they have are gifts for services and the cars are rented and leased or they are like Lil W' behind in their payments. To me you are in balla status when you house, car, and everything else is paid for. Not making payments. I don't care if you have 1 mil or 5G as long as what you own is paid for you are set. Let's just give it a few years and see what happens...
mereeree...I understand what you are saying but if what you are saying is true why would he risk 500K on a poker game if he couldn't afford it? Think about it! If he knew that 500K was going to put him in a financial bind..there is no way in hell he would bet it on one hand! I read this article in XXL talking about Jay playing this high stakes poker game called "Guts". (He talks about it in one of his songs..can't think of the song right now) And he plays with Lyor Cohen, Kevin Liles and other music industry people. The article talked about how Jay won 40 grand on one hand! So even if this story is true that he bet 500 stacks on one hand..Whose to say that he wasn't already up 1 or 2 mil?
As for everybody talkin reckless about how Jay should have paid for some child's education and paid everybody electric bill in the Marcy PJ's yada yada yada...Check out this link and read it!
[link to external website removed]
The man is helping to provide clean water for an ENTIRE COUNTRY and you hating cause he didn't spend 500k to send some kids to college? JIGGA WHAT???
@ Prophetic Seer You are so on point. A lot of people glorify these celebrities and don't have any clue or idea that these people literally have sold their souls to the devil. There is a scripture I think in Proverbs that says "What does it profit a man to gain the whole world and lose his own soul"? and all the riches in the world is not worth going to hell for. Jesus said it easier for a camel to go through the eye of a needle than it is for a rich man to enter the kingdom of God. Because a lot time rich people serve their riches as their god. Speaking of camels...... no pun intended.
Lets be serious,do you honestly think this is the first,or last time he'll drop that much at a table??He'll make that back,and his money aint short like some celebs,this is a business man.Im sure he wouldnt have bet that much if it was gonna hurt him financially.Plus,40/40 just opened in Vegas,he'll make that back in a day.
