Cardi B provided her Wells Fargo statement to prove she bought her Lambo

Cardi B recently gave birth to baby Kulture. I imagine she’s already calling the baby Bulture. To celebrate the birth and perhaps buy HERSELF a push present, Cardi B purchased two Lamborghinis (Bamborghinis). Apparently, people were questioning the purchase because people think Cardi is broke? I don’t think she’s broke. I just think she has terrible money management and she will be broke at some point if she doesn’t read a Suze Orman book soon. So, people accused Cardi and Offset of merely leasing (beasing) the Lambos instead of buying them. Which is why Cardi posted the Receipts! Not really the receipts, she just posted her Wells Fargo statement showing that she withdrew more than a half a million dollars to purchase the Bambos.

#CardiB wants you to know she bought her new Lambo straight cash

A post shared by the Jasmine BRAND (@thejasminebrand_) on

First of all, GIRL WHY ARE YOU WITH WELLS FARGO? Bells Bargo is a mess. I’ve been trying to convince my mom to leave Wells Fargo for years now. Second of all, I actually love seeing her statement. I wish more celebrities would do this so we can actually see where they’re spending their money and how much they have coming in and all of that. I want to know about the $64 at Waffle House. I want to know what she’s getting the “smaller” checks for, the $5K and $10K deposits. And I want to know why she’s purchasing Lambos IN CASH? Girl, your credit will be better if you make a good down payment and then take out a loan for the rest. Maybe that’s what it is though – her credit might not have been good enough to take out a car loan, so she had to buy the Lambos in cash. As I said, I’m worried about Cardi’s financial buture.

Cardi B and more stars are seen at the Met Gala after party

Photos courtesy of Backgrid, Instagram.

You can follow any responses to this entry through the RSS 2.0 feed.

87 Responses to “Cardi B provided her Wells Fargo statement to prove she bought her Lambo”

Comments are Closed

We close comments on older posts to fight comment spam.

  1. Esmom says:

    Lol at the bank statement. Stars, they’re just like (b)us!

  2. Enn says:

    Didn’t she say before that she bought a car (Rolls maybe?) despite not having a license? Cardi, girl, get you a financial planner! This won’t last forever.

    • Elva says:

      I have my license and would still hire a driver if I had her money. Driving is annoying and a waste of time, especially when you hustle as hard as Cardi.

  3. Ramona Q. says:

    The $5000 and $10,000 checks have sequential check #s (1336 and 1337), so they are from the same account … could they be checks she wrote to herself? Maybe a funds transfer?

  4. Mia4s says:

    Oh Lordy, why do I think that withdrawal was preceded by a screaming match with the accountant/business manager? (If she has one…I hope she has one). Generally she makes me smile but this kind of thing makes me nervous. 😬

    • girl_ninja says:

      Same.

    • Clare says:

      Maybe I’m just getting old and boring but this kind of spending and the culture around it really irritates me – kids/teenagers/twenty somethings don’t need to aspire to this shit. There is more to life and happiness than being able to buy £500k car in cash.

      Also – Save for your kids college, man. You’re not Beyoncé rich yet. That money is gonna run out.

      • OriginalLala says:

        consumerism and materialism at its finest.

        My younger cousins with not well paying jobs (they are in their mid 20s and getting started in the job market) drive Audis and BMWs, only wear designer gear, and take expensive vacations. They are always laughing at my used Toyota and love of camping – but I’m the one making nearly six figures, and I literally do not understand how the hell they afford this crap? I think they all buy into the aspirational lifestyle pushed by celebs, brands and instagram

      • Clare says:

        Originalala – our cleaner rocked up in a convertible Audi A3 the other day (if that’s what she likes, more power to her), and I couldnt help but think Jesus you’re cleaning people’s houses to spend money on a car? Maybe that’s awful and out of order on my part, but I just don’t get it. Maybe I’m just jealous because I drive an 8 year old mini that’s nothing to write home about – but I do feel like young people are being sold this bullshit narrative where self worth is measured in possessions. It’s sad and also a little frightening.

      • OriginalLala says:

        @Clare, you hit it right on the head – they buy into the idea that self worth is measured in possessions, and not just any possessions, only the ones that sell the image of a certain lifestyle. I don’t get it, but then again I guess I’m not the target audience for that kind of lifestyle!

      • HK9 says:

        @ Clare, where I live, cleaners make big money and can well afford that stuff. They aren’t suffering.

      • Alix says:

        Did NOBODY learn from MC Hammer?

    • Megan says:

      This is fake. Wells Fargo doesn’t include color logos in bank statements.

      • dewdrop says:

        it’s not an actual bank statement. it looks like a screenshot from her bank app on her phone, and those are in color.

      • Megan says:

        Wells Fargo does not use actual logos in its statements on any platform, and it most certainly would not include one for a cash withdrawal. I can’t believe anyone would fall for this.

      • DSW says:

        The logo is a watermark added by the instagram account that posted this.

      • Snowflake says:

        I bank with Wells Fargo. That looks like when i log into my account on my phone and look at transactions. She did a screenshot of it

  5. Nichole says:

    How da f*q she spending $64 at Waffle House??

  6. Malibu Stacy says:

    Love seeing bank statements. But I’m nosy and I just love watching or reading things like, “What’s in my bag.” It’s so interesting to me!

    • Tosca says:

      Count me in on the nosytrain ! So fascinating.

    • Veronica S. says:

      Mine are always amusingly staggered because I tend to pay off bills first thing, so you’ll see huge transactions stacked together, and then a week of very sparse spending, lol.

  7. Char says:

    All that cash and so little taste, those cars are ugly af.

  8. Jessica says:

    First rule is never buy a depreciating item full cash… where is her financial planner aghhh

    • Lydia says:

      I’m sorry but Is this really the first rule? Doesn’t make much sense to me. I know a ton of people underwater on cars with high interest loans. They’d have been much better off saving up to buy a less expensive car they could afford in cash. So many car loans are predatory these days. Unless you’re doing something more productive with the money like investing it, paying interest on anything is not a good idea.

      • Murphy says:

        You shouldn’t pay full cash for a depreciating item b/c you aren’t getting anything out of it–someone who has the means to get a respectable decent loan should take that out then pay it off-to at least get the good credit out of it. This is in Cardi’s case not someone who is underwater on a week to week Lexus SUV.

      • Who ARE These People? says:

        Doesn’t it depend? If you’re older and already have a good credit rating, have your house (maybe paid down, etc.), then cash saves you interest payments. My naive self likes to think financial planning isn’t only about credit and debt.

        At the same time, I don’t see the excitement of buying anything expensive and new that will only depreciate. Buy a good car about 1 year used, low mileage (20,000-30,000, and get an accident report), from a dealer, get a warranty. And pay cash.

    • Pft! says:

      This^^^ only bought a brand new car once in my life, NEVER AGAIN! My soccer mom mini van is 10 years old has 200k miles and is still going strong. I can carry half the world in it and save $.
      Cardi: Groupon has a special in certain cities to drive a lambo Hurracane for a dirt cheap rate. Gifted one to my hubby for his birthday themed “king for a day”, he got his fix to drive one and it was an affordable one day luxury…lol…i’d rather have the half a mil in the bank and spend a few hundreds on an exotic car rental…maintenance alone on them cars is unsustainably ridiculous even if you have the money (well i’m stingy)…for what? To scratch an itch? There are always better alternatives!!! Girl, stay thrifty!!! just saying.

    • minx says:

      A new car depreciates the second you drive it off the lot.

  9. girl_ninja says:

    I hope she’s saving SOME money, but I doubt that she is. Glamour magazine has a finance section on their YouTube channel called How One Woman Spends Her x amount of salary. It is fascinating! The women share their relationship with money and then go through their bank statements. It’s like therapy and Cardi needs to have a little Glamour financial sit down.

    • Jess says:

      Thanks girl_ninja for the Glamour tip. I’m always fascinated with how people spend their money (because I think I do better than some folks but worse than others and am always fascinated by how some people seem to live a first class lifestyle on a middle-class salary). Can’t wait to watch some of these!

      • Veronica S. says:

        A lot of it is location (are you in an area with a high cost of living?) and debt ratio. I live well enough with a middle class income because I don’t have kids, but a fair bit of my cash flow goes to debt because I made the choice to pwy off half of my second Bachelors with credit cards. I’m doing fine, but obviously I’d have a let more disposable income without that debt.

      • girl_ninja says:

        They’re great. Wish they would post more.

    • Tosca says:

      Ohh Good tip, thank you.

    • Alix says:

      Sorry to say, I think she’ll be flat broke within five years.

  10. Patty says:

    This is dumb. And it shows she’s not a badass. She’s insecure and craves validation. A real boss doesn’t upload their bank statements to prove they brought an overpriced hideous car. They just go on about their day.

    • Babs says:

      This. I wanted to root for her but the woman is plain stupid. She will end up broke and she doesn’t even drive ffs.

    • Reef says:

      Everybody loves hood girls until they do hood girl things. Seeing how folks respond to Cardi and her choices has been interesting.

      • Who ARE These People? says:

        Non-hood girls do stupid things, too. This isn’t about the hood, this is about suddenly having a lot of money and it happens to celebrities all the time.

      • Reef says:

        That’s girls a millionaire. She paid for that car doing Coachella and 1 feature. And she’s 24 (?). Like…if you can’t blow money on frivolous things (things you probably NEVER thought you could afford but dreamt of) in your 20′s, when can you?
        Cardi get’s a lot of finger-wagging condescension thrown her way and it’s gross to me. She doesn’t know how to respond to it but to do things like put her whole bank statement on the internet or film a raunchy vid with Offset.

      • Alix says:

        @reef: She can absolutely blow money on frivolous things. But half a million dollars worth of car isn’t frivolous — it’s dangerously irresponsible. That sum could’ve easily secured her daughter’s upbringing and college education, right there. If estimates of her net worth are accurate ($4 mil), she just blew more than 12% of her fortune on two cars she can’t even drive. End well, this will not.

    • Naomi11 says:

      Excellent point! I completely agree with you! Something about her rubs me the wrong way

  11. JeanGrey says:

    She doesn’t have a license and is scared to drive. So this purchase was all for show. She is headed down MC Hammer way. Showing her bank statement is tacky AF. She just had to cancel her tour with Bruno because she realized she was trying to bite off more than she could chew trying to tour after just having a baby. I have a love/hate relationship with Cardi. She means well and is entertaining, but she is problematic at times. Also, she cares way too much about what people on the internet say. She really needs to step away from social media and mature.

  12. Amy says:

    I would just like to thank Celebitchy for contributing towards my lambo fund – the other night, we were at a trivia night at a bar and our team was neck and neck with another team for first. We won thanks to my incredibly useful knowledge in the deciding question: what is Cardi B’s baby’s name. Thanks for the $100! ;)

  13. Lanne says:

    Oh no. No no no. Girl needs to see a financial planner stat. Otherwise, all bets are she won’t be spending $64 at Waffle House 10 years from now. She’ll be working there. With a busted 10 year old Lambo in the parking lot.

  14. Mrs. Peel says:

    How does someone who is barely literate afford to buy two lambos?

  15. Mee says:

    Poor thing. She’ll be the next Lil Kim. I always laugh at rappers need to buy such high end cars. Rent it for a week or month and get it out of your system. Then invest in appreciating stock. Oy

  16. Laura says:

    Those cars are ugly.

    I don’t understand the desire or need to live an insanely expensive lifestyle. I am a fan of living comfortably yet modestly. I hate driving and the expense that goes with it so I have a transit pass (I live in a large city that has decent transit.) I also don’t want the headaches and financial stress of home ownership right now so I rent a cute but small one bedroom in a safe neighbourhood. My indulgences include my two chihuahuas, trying new restaurants, and buying books. I like to travel too but I’m in school too so travel has to wait until I graduate.

    I am all for enjoying life and spending money but only within one’s means and after one has set aside funds for emergencies/savings/retirement.

  17. missskitttin says:

    Waffle House? I offer to teach her on the finer things in life. If she is driving a Bambo it is time she finds out about the delicacies out there. I am Baffled.

  18. Babs says:

    If I got rich, I wouldn’t buy expensive cars. Buying expensive cars is dumb, especially when you don’t drive, especially when you just had a baby. It lost value the second you put your ass in it. It would have been smarter to lease it but whatever. I would invest in real estate, travel the world to open my mind and treat myself with the best food in the world.
    That said. Cardi B is not rich. She is an industry plant who has a 360° deal. She sat out a whole bag of money with the Bruno tour and what we see is her wasting all her advance money. That money will be claimed one day. She’s in for a rude awakening and I hope she’s at least saving some for poor baby Bulture because there will be no Migos money either in her future.

    • Pft! says:

      Yes, at least with travel you add new experiences to your life and nobody can take that way from you..except for alzheimers. But you can always have pictures to remind you of it.

    • HK9 says:

      She doesn’t know that the advance money is a loan she’s going to have to pay back. (She needs to read Courtney love’s article from way back when to get that breakdown.) She also doesn’t know why artists tour which is that’s where the real money for artists is made.

      • Tiffany :) says:

        YES, THIS!!! Advances are loans!

        Also, taxes! She needs to look at all her income as automatically 50% (it will be smaller than that even with manager/agent/lawyer/biz mgr fees, etc.). So if you do a concert where you make $500k, think about it like you made $250k. Artists that don’t learn this up front suffer!

    • Veronica S. says:

      I think certain kinds of pricier cars are worth it if you have the resources, like the hybrids or higher end electric cars, but anything in the price vicinity of Lambos and Aston-Martins are pure vanity cars for the ultra-wealthy among us. I get the appeal of the status symbol, but they really are designed for people who can afford the depreciated value and then some.

  19. Blakesly says:

    Why is Cardi B banking at Wells Fargo? As a financial planner, that in itself is enough to make me nervous. I don’t care how great she is now, her level of popularity is not going to last. At the rate she’s spending money it’s not going to last. I just hope she has fun while she’s got it.

  20. Kiki says:

    It seems odd to take out 548 736.97 instead of 548 737.00 dollars … no?

    • Elva says:

      She got a cashier’s check. This isn’t that hard. She posted the bill of sale on ig.

  21. Whatever gurl says:

    Offset has 4 kids under the age of 3 to provide for so good for Cardi for buying both vehicles?

  22. minx says:

    Okay, Cardi 🙄

  23. lucy2 says:

    Anytime a newly wealthy person spends wildly like that, I cringe. Most fame and fortune is very fleeting, and those big paychecks are just too tempting, especially to those who struggled before their success. To blow half a million on something that immediately depreciates is worrisome.

    Hopefully she gets a good money manager who can help her save and invest for the future, especially since she now has a child to raise.

  24. LB says:

    Feeling pretty nervous about my Wells Fargo Accounts now……..

  25. why? says:

    She bought the Aventador, the prices start at $400,000. I’m assuming it’s a 2018. If she bought a model older than 2018, than she would have paid about $200,000+ for both cars. All the other L models start at $200,000. She is leasing at least one of those cars because the math doesn’t add up. Why would she show the bank statement when she could have just posted the car titles (if she bought 2 cars and isn’t leasing, the title would automatically be in her name) or the car statement that breaks down the price, deposit, how much is owed on the car, and etc?

    • Elva says:

      She posted the bill of sale on instagram. Also you can’t lease a car in your name without a driver’s license. I’m gonna assume Offset bought his own since he’s part of the most popular rap group and a successful solo rapper.

      • why? says:

        Did she delete it because I can’t see the bill of sale? Did the bill of sale show a 0 balance?

    • Elva says:

      It may have been on her ig story, which disappears in 24 hours. But yes, she even said in the video that she had to pay cash because she doesn’t have a license (can’t finance, lease, or rent without one). She showed basically all of the financial info. Just the taxes on that thing were about what I make in a year 😩

  26. Elva says:

    She posted on ig recently the bill of sale for the car and explained that she had to pay in cash (rather than financing) because she doesn’t have a license. How she spends the money she earned working hard af isn’t my business, though.

  27. Lex says:

    I found it SO weird when I moved to Canada from Australia that people still use cheques frequently… like people get paid their salary by cheque, buying food at the shops by cheque. Whaaat?!?!?
    The only thing we use cheques for is a house deposit I think…

    • Snowflake says:

      Really? I live in the U.S. the only people i know who still use checks are usually seniors.

  28. Snap Happy says:

    There is a lot of projecting on this thread. I heard an interview with Howard Stern and they spent a considerable anmount of time talking about finances. She repeatedly said she was concerned about the future and making decisions with her money that will make it last. A one-time outrageous purchase does not mean she is frivolous with her money because we don’t know what percentage of her worth this purchase is. The woman just had a baby. If this makes her fell good, who cares? No one has mentioned that she writes her music. That means royalties.

  29. Donna Martin says:

    She only changes Cs into Bs. I hate myself for knowing that but I love her

  30. Patty says:

    I still think it’s dumb to blow half a mil on car. Warren Buffet drives a Buick. That half a mil could have easily quadrupled if invested instead of spending it on a depreciating asset. It’s a certain mentality that makes it hard for people like Cardi to build generational wealth. But to each their own, also can we stop replacing the first letter of words with “B”. It’s being overdone and it’s not being done right, Wells Fargo is still Wells Fargo, lol.

    Also, can we get a post about LeBron James. There’s somewhere who is using his money to build and uplift his community and change lives.

  31. Spacey lacy says:

    548k? Clearly she bought both of those Lambo’s. I am really bummed that we didn’t see a balance. 1 deposit of 5k and 2 withdrawals of 558k…bish gonna be back on Love and hip hop within 2 seasons

  32. Pandy says:

    A fool and her money will soon be parted!!

  33. Yes Doubtful says:

    She needs to stop caring so much about what people think. We know you make money Cardi, calm down. Posting a bank statement is pathetic.