DJ Khaled Doesn't Trust Accountants Or Money Managers

[In The Zone '98]

Paying people to pay for stuff is rich rich.

 

[lib123]

Didn't Khaled almost go broke earlier in his career because Birdman refused to pay him? I remember Ross talking about that in a song. If that's true, I can see why he's super attentive.

 

[Red]

Damn he's losing his hair something serious. Even the hair dye 3 times a week ain't hiding that shyt

 

[Big Boss]

Don't blame him

 

[get these nets]

Does he trust the grafitti artist he hired to spray his hair and beard?

 

[F*ckthemkids]

“Another one” is about to take on a whole new meaning

 

[Tupac in a Business Suit]

Logical. Your money is the leverage. Why would you put your leverage in the hands of anyone else is crazy.

 

[BlackAchilles]

I get it

Don't wanna get billed out if his money by some con man and be all "Congratulations, I played myself"

 

[Ziggiy]

He's right.

 

[Indeed]

Good

 

[seemorecizzy]

Managing money isnt really as difficult as famous ppl make it to be. They have PLENTy of time to pay bills and shyt..Most of em were doing it before they got famous lol

They just get caught up and think its beneath them. Id be paying all my bills, you can set most of it to come automatically anyway once everything is set up lol


The most you do is hire someone to do your taxes and triple check that everything is okay.

 

[Dafunkdoc_Unlimited]

People thinking that someone educated and trained to manage money can't be honest are deluding themselves.

Him not trusting accountants/money managers is pure fear hiding behind hubris. No, he can't manage his money better than they can anymore than he can fix a gas-fired furnace better than an HVAC Technician.​

 

[OperationNumbNutts]

Believe celebrities folks.

 

[Kiyoshi-Dono]

Irs

 

[Renegade47]

Smart man. I remember Floyd Mayweather said something similar cause he learned after the first time he went broke. He signs off on everything. He keeps most his money liquid and in a few accounts and makes sure he has more going in than coming out. It's that simple to never go broke.

Part of the issue is this desire to be a boss we perpetuate. People act like simply having money sitting and stacking up in your account is a bad thing. Most Athletes wouldn't go broke if they did just that. Instead the want to hire a team to spend and "invest" their money and pretend they are warren buffet and try to flip there money. If you got paid 10 million a year why do you need to try to flip anything? Just save it and you will be set for life when you retire from sports.

i was told in the past they do all that investing to "protect" them because banks only insure so much? i didnt buy it and sounded dumb to me but i was 15 when i first heard that.