Who’s The Poorest of ‘Em All: The 2021 List of Poorest Rappers

Rappers are known for their flashy lifestyles, luxurious cars, and designer clothes, but not all rappers can keep up with the competition. The rap game is a highly competitive business, and many top-tier rappers have been forced to declare bankruptcy due to their lavish spending habits. In this article, we’ll look at the 2021 list of poorest rappers and what led them to financial ruin.

1. KRS-One

KRS-One is one of the most iconic rappers of the 1990s and has been active in the hip-hop scene since the mid-1980s. He found success with his first solo album, “Criminal Minded” in 1987, but unfortunately has since been plagued with financial problems. In 2013, KRS-One was forced to declare bankruptcy due to personal debts that amounted to over $3 million.

2. Bow Wow

Another rapper who’s come on hard times is Bow Wow. The former child star, who rose to fame in the early 2000s, declared bankruptcy in 2018 due to a combination of bad investments, lavish spending, and unpaid taxes. He reportedly had a negative net worth of over $1 million at the time and has since been forced to make drastic lifestyle changes to make ends meet.

3. DMX

DMX is another famous rapper who has found himself in financial difficulty in recent years. In 2013, the rapper filed for bankruptcy due to outstanding debts of over $2 million. Unfortunately, his financial struggles were compounded by a stint in prison for tax evasion in 2017 and he still remains in debt today.

4. Trick Daddy

Trick Daddy, the Miami-based rapper and actor, is another artist who’s faced financial hardship recently. In 2017, the rapper reportedly faced $2 million in debt due to his lavish lifestyle. This included extensive traveling, designer clothes, and expensive jewelry purchases. Since then, Trick Daddy has been doing what he can to get back on track, but his finances remain a challenge.

5. B.G.

B.G., also known as Baby Gangsta, is a New Orleans-based rapper who’s known for his work in the late 1990s and early 2000s. Unfortunately, B.G. has found himself in financial difficulty in recent years. In 2016, it was reported that B.G. owed creditors over $20 million. This included debts to the Internal Revenue Service, which had been building up for over 12 years. The rapper has since started a GoFundMe page in order to pay off his debts and get back on track.

6. Method Man

Method Man, one half of the rap duo Wu-Tang Clan, has also had his financial troubles. In 2006, the rapper filed for bankruptcy due to unpaid taxes totaling more than $1.6 million. Method Man was also hit with a lawsuit by a former business partner in 2011 for $3.9 million in unpaid royalties. The lawsuit was eventually settled out of court, but it’s still a reminder of the financial difficulties he’s faced.

7. Nas

Nas is one of the most iconic rappers of all time and has been active in the hip-hop scene since the early 1990s. However, Nas has also found himself in financial difficulties in recent years. In 2009, the rapper was forced to file for Chapter 7 bankruptcy after accumulating debts of over $3 million. The majority of this debt was due to unpaid taxes and legal fees, but the rapper has since bounced back and is doing better financially.

8. Master P

Master P is another legendary rapper who has faced financial difficulty. In 2006, the rapper filed for bankruptcy after incurring debts of over $200 million. The majority of this debt was due to failed business ventures, such as his unsuccessful foray into the NBA. Master P has since managed to get his finances back on track, but his debt remains an issue.

9. Scarface

Scarface is another famous rapper who has found himself in financial difficulty in recent years. The rapper, who rose to fame in the early ’90s, was forced to file for bankruptcy in 2010 due to unpaid taxes and business debts. Since then, Scarface has been doing what he can to get back on track and reduce his debt.

10. Yung Joc

Yung Joc is a rapper who rose to fame in the mid-2000s. In 2013, it was reported that the rapper had a negative net worth of nearly $1 million due to unpaid taxes and child support payments. He’s been working hard to get back on track ever since, but his financial struggles remain an issue.

Conclusion

The rap game is a highly competitive business, and many top-tier rappers have been forced to face financial hardships due to their lavish spending habits. The list above gives us a look at the 2021 list of poorest rappers, and it’s a reminder that even the most successful rappers can go through financial difficulties. It’s important to remember that it’s never too late to turn your life around, and with a little hard work and dedication, even the poorest rapper can get back on track.