Quick name a song that Soulja Boy has out. Crank That, Superman – that’s it, right? That’s all you know. That’s all I know, but I never listen to the radio. (Kaiser pointed me to this other single, but said she’s never heard it or anything.) A quick glance at Wiki confirms that I’m probably right that he hasn’t had any other big hits. That Crank That song came out in 2007 and he’s had two albums out since but they haven’t done as well as his first album by a long shot. Well Soulja is pretty confident in his money situation despite the fact that his career never really took off after he made that crappy rap song about not cleaning up after he does his business on a girl’s back. He’s bought a $35 million private jet and had it customized to the tune of $20 million. Couldn’t he have just splurged a half million on some stupid bling and called it a day? (He already owns a ton of stupid bling so I’m sure the two things are not mutually exclusive.) That’s insane.
Soulja Boy doesn’t know the meaning of the word recession — because TMZ has learned, the 21-year-old rapper is dropping $55 MILLION on a new private jet.
A member of Soulja’s management team tells us … the kid bought himself a G5 jet as a birthday present to himself this week.
The jet cost $35 mil … but that’s just the beginning. We’re told the birthday boy is dropping an additional $20 million to pimp out his ride with all sorts of cool stuff … like 12 custom Italian leather seats, flat screen TVs, 4 liquor bars, a special travertine tiled floor, and Brazilian hardwood cabinets.
We’re told S.B. is also gutting the in-flight lavatory — and replacing it with a giant, LUXURIOUS bathroom. Oh, he’s also giving the jet a custom paint job … to include his logo.
And if that’s not enough for someone’s 21st — we’re told Soulja’s also spending $300,000 to throw himself a blowout birthday party at a Miami nightclub tonight … and Dwight Howard, Bow Wow, and Sean Kingston are all expected to attend.
[From TMZ]
Someone on TMZ posted a link to this site that claims Soulja Boy’s net worth is estimated at around $5.7 million, which would be awesome if he actually lived within his very considerable means. So he had one hit single four years ago and now he’s borrowing around $50 million to build a custom jet. It’s not like he has any talent to back it up. Ice-T even called Soulja Boy’s Superman song “garbage.”
Maybe Soulja made a little money from his tour this year, but I doubt it was even enough to pay for 1/4th of that jet.
Next thing he’ll owe the IRS then Superman will lose his wings LOL
STUPID!
Ahahaha. I just can’t with this story. Pathetic on many levels. Enjoy your ride for a few months, kid. See you in bankruptcy court.
What a loser.
I can’t wait for him to go broke. His so called music is a disgrace.
It’s apparent he has no concept of money. Or style. He’ll have to learn the hard way.
Next headline about him: “Soulja Boy Files for Bankruptcy.”
If this is true, everyone involved in this (buyer, seller, lender, contractor) is an idiot.
LOVE the Suzette Ormon pic – nice touch.
My goodness what a waste of money – $50 million on an airplace – money he doesnt even have?
If his song is anything like what he looks like, heaven help us. the ugle jewelry alone would cause him to drown in he fell into a bathtub or a river with it on.
A perfect example of ostentatious!
NOT beleiving this, HIS people called TMZ, yeah ok..
he wishes he had that kind of money, its a fib. one hit wonder, no one is interested in this clown.
so he is making moves like Travlota and Diddy, yeah RIGHT. LOL
It is bad enough to waste money on items you don’t need with money you actually have but to waste money when you don’t have enough to begin with….brilliantly stupid Soulja Boooooyyyy, you one hit jerk
Is it a private jet or a corporate jet? If he has a production company or something like that, I believe the plane is a tax write off. Which makes perfect sense. I have to pay tax on tampons but we wouldn’t want 1 hit wonder here to pay tax on his fucking plane!
countdown to reposession starting in 3…2…1…
lucy2: “If this is true, everyone involved in this (buyer, seller, lender, contractor) is an idiot.”
Couldn’t agree with you more if I said it myself! And I’m assuming he’s not WASTING any money on a FINANCIAL ADVISER.
This can’t be true. He must be renting/leasing, or some other finaglings to justify this. Was this a “no money down” deal or something? And if you think fueling your own car is just short of needing a small business loan, try gassing up a plane for a quick run to “Jacob The Jeweler” or the like, because we all know he ain’t going anywhere important. Private pilots have to paid, planes have to be maintained, hangars have to be rented, etc., hundreds of thousands of dollars just to keep the damn thing!
When it’s done, he might as well hand the IRS the keys (if true). Such an idiot.
How do these worthless people have so much goddamn money? It doesn’t make any sense. F capitalism. This isn’t right
Should I measure him for his ‘MC Hammer pants’ now or…?
Celebrity Net Worth has him at $23 million. Might be right. Most singers make the money from ticket sales not album/download sales.
Wish him and Justin Bieber would both disappear
@Dread – Even if it is a business write off, it doesn’t mean that he gets the money for the plane back from taxes. It just means that he can pay for it from his “Business” funds and he is not taxed on that amount. He still has to pay for the plane. Any use after that is the same thing where it is still paid for out of a business account and he doesn’t pay income taxes on any business funds used for this purpose.
In other words, he’s an idiot.
Hammer come skool this fool!
Get the hairnet, you’re serving soup in the soup kitchen!
I’m confused. First he’s a one hit wonder so how is he even worth $5m? And how do you get a bank to loan you $50m when you are only worth $5m and you’re career basically relies on one stupid song you had a few years ago?
*edit and what I mean’t by one hit wonder is, it’s not like back in the day when you could make oodles of cash. Nowadays record labels pay their artists squat and nickle and dime them on everything so a one hit wonder in this day and age won’t make that much. A record contract doesn’t even mean you’ll make $1m, more like $10k. Record labels won’t pay you until you bring them more than what they put in. so the financials in this story are just odd.
MC Hammer v.2
Sad example of someone who has no clue about money and never thinks about the future. He’s all about getting what he can now and screw creditors over later while he gets out of town. Typical criminal crap.
Isn’t this guy the one who went all racist on Facebook? Yelling at white people to get off his page and basically to stop listening to his music?
Well, well, well. Might be a little lesson for him once he gets his plane repossessed to not alienate part of his fanbase if he wants the dough.
A well brought up, kindhearted and admirable young man with a good head on his shoulders. He’s quite the positive role model for young teens. He deserves his plane, and many awards and accolades for his unbelievable talent.
This is the perfect example of home economics in the Gangsta/Redneck culture; spend the extra money on crap as soon as possible. Bling and spinning rims falls into that category. Oh well, if there’s a market, there’s an offer.
I have my little theory on where the kid got his money: He put the intellectual propriety of his “music” as collateral for a loan. Yes, he got a one-time hit but the catchy tune can be sold multiple times in the next decades. The song can be used in remixes, in movie soundtracks or even in advertisement. So he might had traded a steady source of long-term income for an expensive toy he can’t afford.
He will be broke next year.
Jesus Christ.
Whether he actually shelled out $50 mil for a private jet, or he wants you to think he shelled out $50 mil for a private jet – this dude is a superficial fucking idiot.
I have absolutely no idea who this punk is…but a certain someone with the initials Kat Von D is single now, so maybe they can hook up.
“Whether he actually shelled out $50 mil for a private jet, or he wants you to think he shelled out $50 mil for a private jet – this dude is a superficial fucking idiot.”
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Have to agree.
With the state of the economy in general, there is no way he got a loan for that plane. Nor do I believe he had the cash or the credit to buy it.
But he will soon enough be back living in his Mother’s basement. So he can look forward to that!
Obama should be calling him right about now, as he is an official private jet owner; of the type that the president keeps going on and on about incessantly.
He looks like a thug. And a moron.
Okay Crank Dat was indeed garbage but Soulja Boy is still an excellent entertainer and whoever wrote this article clearly doesn’t like Soulja Boy. Because if Crank Dat is the only Soulja Boy song you know, you’ve missed out on hits (not MEGA hits) like Kiss me Thru The Phone, Blowing me Kisses and Lol Smiley Face! I believe you are simply jealous of the fact that someone younger than you is living a better life than you. I’m sorry but whether you like it or not, Soulja Boy will ALWAYS be more successful than you! Deal with it.
I never knew that was what the song was about.
Gross.
What an ignorant person.
@Barker, I understand that. I’m not saying that he didn’t pay for the plane, I’m saying if I bought $55M worth of tampons, I’d be spending more than he is on his $55M plane. Tampons being a necessity in my eyes; your own plane being wasteful on many levels. I’m just guessing that the money he (in the form of his business) saves by claiming a $55 million tax write off is a fuckload. And then he can go to say, the South of France for 2 weeks on a “business trip” with the savings & not pay any taxes on that either. He probably pays for the plane by leasing it out.
What a worthless pathetic beyond disgusting little punk! Why can’t these losers put 20 million in to helping struggling areas like east africa: where a half-miilion innocent children face Starvation in East Africa!
I am so sick of self-indulging scumbags not GIVING, why are they always so typical “me me me me me me”. With their no talent, insane gimmicks all at the expense of our watch!
This idiot should be riding a bike!
Stupid ass. I just can’t. Who ever is giving this child financial advice need their ass whoopeed. And yes I called him a child only a child would pull a stupid stunt like this. Big dummy.
not to mention the money it takes to maintain, fuel and store that monstrosity, it’s not like once you have the plane no other costs come into play, it’s a very, very expensive toy to upkeep. this guy is gonna be balls deep in debt.
what an ugly creep. His jewelry sucks, too.
Th character S.Mouse! in “Angry Boys” must be based on Soulja Boy.
“Slap my el slap my bow”
I find the S.Mouse! character so funny cause it’s fiction, but when it’s real life like this, it’s completely sad.
I guess flying in Business class isn’t good enough, huh. By this time next year, he’ll be flying into ATL in the coach section performing a gig for a third rate cell phone company at West End Mall.
MC Hammer 2.0 indeed.
I like the picture of him holding his pee-pee.
I think that says it all 🙂
That is a really good investment. Who is his financial advisor, Hammer Time?
A̶̲̥̅♏ so sorry 4 dis guy.may God help him come back 2 his right senses..dats only if he’s a christain
Maybe he’ll raise the money for the repayments by making a reality TV show about the hi-jinks he and his entourage get up to on the plane. It couldn’t be any worse than some of the other reality TV crap that’s getting made.
@Praise St. Angie! – so true
Just goes to show how uneducated some people are.
Damn!
I can’t even afford a £20 bag of weed!!
I wish I could meet Soulja Boy when he’s wearing that stupid necklace so I could say, “I’m sorry, what’s your name again?”
I don’t even believe this story because I can’t imagine that any financial institution would back this purchase cause I know he isn’t even close to being able to handle that in cash. This is like when a few years back P Diddy said he was buying a jet, but in reality he was just buying shares in a jet service. Total BS.
@Liz: ouch! You can’t call a person “worthless” just because he’s stupid. His music is crap but obviously someone likes it. Crank that Superman just happened to be one of those blockbuster, feel good summer hits. The song has a dance that goes with it and evryone and their grandma were doing it. I even saw a superbowl promo where the Transformers were doing it. Cute but forgettable pop fluff but dang, no one is truly worthless even if they’re not talented. Seems harsh IMO.
But that aside, what a dumbass lol! He needs to sit down and have a long talk with MC Hammer. smh…
If it’s true, there’s something very wrong about this.
CONFIRMED FIB: on the news Saturday his rep confirmed this isn’t true. He said he and a few mates chipped in and bought it together. It’s difficult to keep up the image with fibbing in Tinsel town where people actually confirm whether what you say is true.
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