DMX Says He Has $50 To His Name

re'up

Veteran
Joined
May 26, 2012
Messages
21,115
Reputation
6,501
Daps
66,339
Reppin
San Diego
i don't see why people are getting any kind of glee behind this...thats crazy though

i highly doubt theres not something he can do to maintain at least an average living...i mean one or two appearances/shows or features/mixtape drops or something every 30 days gotta be worth at least a couple thousand a month..

i'm really not trying to buy that DMX can't use his fame to grab at least a couple thou a month...he's probably not mentioning his unreported money

I'd guess at this point, only the most low level, desperate, new, or uninformed promoters or whatever, would even consider booking him for a show, he's been a barely functioning crack addict for the last decade, and spiraling further and further every year, he cannot be trusted to show up to the venue, much less on time, and be in a condition sufficient enough to turn in a performance, I'm sure people do book him though, in small ass clubs up and down the midwest and south, lord knows he hasn't played anywhere in southern Cali for a minute, I bet dudes will even break him a zip of hard or something for a show....And consider, I'm certain he spends about 80% of earning on drugs, and thing used to continue using drugs, like hotel rooms, food for three after a long binge and a loose entourage of assorted losers....
 

Dettol

Pro
Joined
Jan 8, 2013
Messages
917
Reputation
-10
Daps
761
Reppin
NULL
times are rough. looks like he is wearing the same shirt he wore on that ilyana fix my life episode

inyanla-dmx.png

DMX_DrPhil.jpg
 

King Poetic

Disciple of God
Supporter
Joined
Feb 15, 2013
Messages
101,968
Reputation
20,891
Daps
496,560
Reppin
Los Angeles County, California
so his monthly income is $5,000 a month which is $60000 a year + money from other gigs and after taxes hes down to $37000 to 40 k... then child support , mortage, car notes and bad debt he owes.. this man better hit up europe.

i just dont understand why these old rappers just dont stay in europe and cake..the europeans love real hip hop and u would clean up..

gza stays touring in europe
 

Kaypain

#SuicideGang
Supporter
Joined
Aug 29, 2013
Messages
35,274
Reputation
9,068
Daps
94,017
:to: my homie DMX fell off so bad man. This is on some Eddie King Jr, David Ruffin fall off type shyt...

Maybe even worst...
 

Ninjaz In Paris

ehyeh ašer ehyeh
Supporter
Joined
May 3, 2012
Messages
15,213
Reputation
3,430
Daps
33,061
Reppin
Arcturus
In court filings for his bankruptcy case, DMX says that he has no money in the bank.

DMX says that he has $50 to his name and no money in the bank, as per court filings in his bankruptcy case,according to a story on The Wall Street Journal's website. The rapper also says he has expenses that exceed his monthly income, the story says.

The court documents show DMX’s estimated monthly income is $5,000 and that he has monthly expenses of $5,221, which include $1,000 on clothing and $500 on laundry and dry cleaning, as per wsj.com.

DMX says that the $1.4 million of assets in his name are tied to ongoing litigation, among other things, the story says.

The man born Earl Simmons also says under penalty of perjury that he has no personal property of any value, including no electronic equipment, no jewelry, no clothes and no cars, as per wsj.com.

The former Def Jam Recordings artist has several debts, as per the wsj.com. Among them are more than $1 million in unpaid domestic-support obligations that lead, in part, to his July filing for Chapter 11 Bankruptcy, the story says. DMX also owes unsecured creditors more than $475,000 and has a mortgage of more than $450,000 on a property in Mount Kisco, New York, according to wsj.com.

DMX’s bankruptcy case is scheduled for an October 8 case conference at the White Plains, New York, bankruptcy court, according to the wsj.com.

In July, The Wall Street Journal reported that the Yonkers, New York artist filed documents in Manhattan court stating that he has $50,000 in assets, while owing between $1 and $10 million in debts. DMX told authorities at the time that he filed for Chapter 11 “to enable me to reorganize my financial affairs.”

DMX's debts include more than $1 million in child support and more than $20,000 in automobile lease payments.

"DMX's financial strains have been inhibiting his career for several years," the rapper's publicist, Domenick Nati, told HipHopDX in July. "Poor financial management by prior representation have caused him to be ineligible to retain a passport. The purpose of this bankruptcy filing is for reorganization so he can perform for his fans oversees. We are currently planning a tour in Europe and Africa for the fall of 2013."

http://www.hiphopdx.com/index/news/id.25506/title.dmx-says-he-has-50-to-his-name


Become a rapper brehs :mjpls:

@nikkaz In Paris :laugh:
:mjpls:
 

Flav

Where the dice game at?
Joined
May 26, 2012
Messages
10,088
Reputation
2,347
Daps
31,674
filing bankruptcy is what people do to avoid paying what they owe.

somebody is just putting DMX up on game cause he should have did that a long time ago.
 
Top