: We know it sounds unlikely … but MediaTakeOut.com has been hearing whispers for SOME TIME NOW that rapper Jay Z’s finances are not as great as the folks over at Forbes Magazine would have you believe.
According to one of MediaTakeOut.com insiders, in the past few years Jay Z’s music ventures, real estate ventures and restaurant ventures have all lost BOATLOADS of money. And now his attorney, in a lawsuit against his 40/40 club, is claiming that Jay Z isn’t paying his bills.
Here’s how the NY Post is reporting it:
Attorney Michael DiMattia says his client [Jay Z] is a Grammy Award-winning deadbeat -- and he wants out.Bey … it may be time to break your husband off a lil…"We are seeking to withdraw because . . . our requests for payment have been ignored," DiMattia wrote in a letter to Manhattan Federal Court Judge Loretta Preska.
"It's astounding," said Rex Burch, a lawyer for the workers. "For rap's biggest mogul, you'd think this amount of money would be chump change."
The same NY Post that said Beyonce was being sued for refusing to honor a $200k PERFORMANCE contract By Club M2???
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Then the above document (THE CONTRACT) was released refuting such claims?? Beyonce is paid $200k for ONE hour just to sit around & look pretty.
Sorry NY Post that Bey $h1ttin' on every singer you pit her against. Yesss... I think it's best you go after her hubby. :-D
Isn't it time to pull the "he's cheating on her with some broke down b1tch" rumor outta ya @sses???
:-D
Jay-Z is not broke, but he is NOT as rich as some people think he is. He lost his Live Nation contract. He made several bad business decisions. He lost his job (as an executive) at his label. Several of his business dealings have fell through or have resulted in lawsuits. And most importantly, we are in a recession. Even billionaire Warren Buffet is cutting back. Why do you think he is releasing another album this year after "retiring"?
Remember he's a hustler...and his stimulus plan was to...marry the little country girl with a wagon full of cash to bail him out...she got him...as soon as she said on TV "I'm set"...I knew then the devil was gone make her eat those words...cause she already not liked in the important Hollywood circles..."Jigga...what's my muhfukkin name, my [EXPLETIVE]"...remember what Bobby Brown did to Whitney's finances ?...
IM SURE JAYZ IS NOT BROKE .BUT I DONT REALLY DONT CARE ..I DONT CARE FOR HIS PRESENCE ANY WAY. HIS MUSIC IS NOT THAT GREAT.. AND HIS AND BEYONCE'S MARRIAGE IS ONE THEIR PR TEAM'S PUT TOGETHER.... OH AND I DONT LIKE THE WAY HE HANDLED THE CHIS BROWN ISSUE NO BLACK PERSON SHOULD KEEP ANOTHER ONE DOWN. THATS THE WHITE MANS JOB.
i can believe it if u was worth the money u claimed wouldn't u take a break to enjoy the fruits of your labor i don't care how much u love your job every1 needs a break him and bey strike me as the type tryin to keep up with the "combses" meanwhile the "combses" partying and they workin pay attention its all hype
The NY Post for all who aint in NY is equivalent to US magazine...aaighht So dont believe the HYPE
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