Wow! Rick Ross Financial Statement Pdf File!!!!!

This was THREE years ago, though.

Is this rap money? I don't think so.

I was thinking the same thing. Not many ever make money off their first album, so I don't understand what all the fuss is about. I know most of you know that most entertainers lease their whips, hardly drive em, then re-up in a couple years. If his 08' shit looks the same, then the kat has problems.
 
I read those statements and Ross has got his priorities mixed up.. :smh:

According to these documents he's in the hole by $218k

Only pays $768 per month for the child in this case, but has $45k worth of jewelry

Only has a total of $2,500 in cash (at the time of the document) :smh:

I could go on but this nigga made some bad decisions and is in bad shape. He's a perfect example of what not to do with your money...
 
I Go Chop YO Dollar
Curlypimpinlol.gif


:lol::itsawrap:

:lol::lol::lol::lol::lol:

Whats that mean? ODB was not a thug type kill 40 people rapper or dope bragging rapper. He was just a crazy ass nigga with skills.

odb's life was a tragedy.. if you listen to when wu tang came out, he wasnt as high as when they started to get big. on the first wu album odb's lyrics where not that aaarrrrruruughghghgghghh type shit..

dude had more complex verses and bars than most intelligent rappers..

shame how he went out.
 
1) that's a nice monthy income
2) Most rappers are fake
3) I dig the music who cares if this nigga isnt really a drug kingpin
4) If he was a drug kingpin he wouldnt report the earnings on his taxes
5) Ross next album is gonna be hot

Right also it is 2006 income but it was signed in June of 2008..

Like Come people Read!!

I think it is a fake!!
 

Correction:


The 2008 Maybach 62S will depreciate $500.00USD/day.

A total of $182,800 in its first year of ownership.


This is definitely a vehicle you lease.

http://www.motorauthority.com/maybach-62s-depreciates-500-per-day-leads-luxury-ranks.html

Everything depreciates...even houses are. A more accurate statement of what I meant was, when you're buying a $400k vehicle...depreciation means little to you, as opposed to the average joe. As it was explained to me by the Maybach manager, Steve Lagerstrom. Again 2 leases in a 5-6 year period, average of 5 sold per year. 2 out of 25...
 
What I dont get is that this dude got 2006 earnings on a 2008 affidavit. Its 2009, aint no 07 earnings?

It prooves that in 2006 he wasn't spending his money like he should, and still is probably not doing what he needs to do.

How you gonna have a Maybach, Escalade and an Infinity, $45k in jewelry and only paying $768 / month for your daughter?? :smh:
 
The sad part about this is, 99% of all these thug, dope dealing rappers are just like this. If you could go into their past you'll probably see them living happily with both parents at a beach on vacation playing hop scotch like faggots. Rappers are all fake.

hate to agree but basically.
 
It prooves that in 2006 he wasn't spending his money like he should, and still is probably not doing what he needs to do.

How you gonna have a Maybach, Escalade and an Infinity, $45k in jewelry and only paying $768 / month for your daughter?? :smh:

He as a black man should be ashamed of himself!!!!!:smh::smh::smh::smh::smh:
 
It prooves that in 2006 he wasn't spending his money like he should, and still is probably not doing what he needs to do.

How you gonna have a Maybach, Escalade and an Infinity, $45k in jewelry and only paying $768 / month for your daughter?? :smh:

Only 768? Who the fuck was paying medical bills? Who the fuck was paying for school clothes? This the same shit my girl be saying which is why I can't stand her ass. If the nigga is supportin' his kid as well as giving 768 a month what's the deal? Because he makes more he should pay some outrageous fee for his kid?
 
Right also it is 2006 income but it was signed in June of 2008..

Like Come people Read!!

I think it is a fake!!

That's what people don't see. This nigga was cakin'. Hustlin' was gettin' play in the South in '05 but he wasn't makin' no paper back then. Not 7 figures anyway. His gross in 2006 is a lot higher than i'd expect for a rookie rapper.
 
It prooves that in 2006 he wasn't spending his money like he should, and still is probably not doing what he needs to do.

How you gonna have a Maybach, Escalade and an Infinity, $45k in jewelry and only paying $768 / month for your daughter?? :smh:

why are there so many dates on that thing it says 2003 at the bottom but the info says 2006 then 2007 did they go back to the future to get this shit?
 
Everything depreciates...even houses are. A more accurate statement of what I meant was, when you're buying a $400k vehicle...depreciation means little to you, as opposed to the average joe. As it was explained to me by the Maybach manager, Steve Lagerstrom. Again 2 leases in a 5-6 year period, average of 5 sold per year. 2 out of 25...

The fact that one can afford a $400,000.00USD Car should not excuse them from making sound financial decisions. For a car as exclusive as the Maybach to depreciate at such a high rate tells you one thing; that it's a marked up piece of junk. They are selling you an upgraded S600 for 4 times the price and so the car depreciates quickly to fall back in line to what it is truly worth. That is why leasing it makes more sense because you get the prestige of the Maybach but you don't take that big hit four years later when you realize your car is worth as much as a Toyota Venza. BTW a house is always a good investment because even if it loses all value you can always live in it which is priceless.
 
Food/Groceries Per Month: $200

:lol: :lol: :lol:

Based on that one statement, if I was the judge I would find in favor of the baby's momma and tell that nigga to GTFO for perjuring himself!!!

I'm 5'10", 185lbs and I crush $200 a week in food on my own.
 
Only 768? Who the fuck was paying medical bills? Who the fuck was paying for school clothes? This the same shit my girl be saying which is why I can't stand her ass. If the nigga is supportin' his kid as well as giving 768 a month what's the deal? Because he makes more he should pay some outrageous fee for his kid?

His daughter is only a piece of this equation. The statement show's that he was not managing his money.

He had about 1.2 million in assets and 1.4 million in liabilities which puts him in the hole about $200k.

In his 1.5 million in assets he only had $2,500 cash :smh: no stocks or bonds $45k in jewelry, his leased cars and two houses..
 
I'm pretty sure this will be ricks excuse.

if it is, he's dumb as fuck. IRS will be all over his ass at that point. He can't be that stupid. That's a trap scenario. 50 is setting him up something nice. I'm not a fan of either, but this isn't looking pretty for Rick.
 
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