Another one bites the dust… Clearly, the fortune and fame of being a celebrity isn’t always what it’s cracked up to be. Miami rapper Trick Daddy, 41, has filed Chapter 11 claiming he has around $430k worth of assets, but his debts amount up to $645,000. The debts include $34,837 in child support to one of his child’s mother, $22,282 to another, $290,000 in back taxes, and $280,000 for his first mortgage. This isn’t shocking news being that we haven’t heard any new material.
Trick Daddy says that he currently earns approximately $14,500 a month through performances and royalties, and only has $550 worth of clothes and jewelry. Back in April, the “I’m A Thug” rapper discussed his financial woes stating, “People be like, ‘Trick, why did you leave the rap game? I didn’t leave the rap game. The rap game left me. I’ve been dealing with a lot of different issues — the lupus, the IRS, along with just family problems — and now I’m getting all that together.”
Trick Daddy isn’t the only rapper dealing with financial troubles, last month 50 Cent filed for bankruptcy.
