Lupe Fiasco says he's not rich.

[Versa]

He's rich by our standards, but not by celebrity.

He said you're not rich unless you got 5 million or above. So that means he has anywhere from 1-4 million dollars

I strongly doubt he has under a million dollars to his name.

 

[OfTheCross]

Nothing shocking about this, its been 10 years since he had a big hit

a big hit doesn't equal big money either, for most artist...

 

[Optimus Prime]

what publishing would Lupe be living off on?
I'm sure at the height of touring he was making high 5 figures, maybe low 6 figures for a show so that explains those cars he was buying which could be paid for doing just a couple of those shows

 

[OfTheCross]

Realize this is someone with Grammys and madd gold and platinum plaques who's toured the world several times and has businesses outside of rap and all that fly shyt.

I haven't seen the clip cause I'm at work...but is this one of those things where perspective matters?

To him, and compared to the people he's friends with, he probably doesn't consider himself rich.

 

[King Poetic]

I don’t know what’s in his bank account but it’s more than a lot of people

 

[Chip Skylark]

Lupe said JP Morgan definition of rich is 5 million liquid. That’s tough going by their standard so of course I’m sure he doesn’t consider himself rich. But dude said he has rich friends lol that let him ride their Jets and they buy his shoes lol

birds of a feather flock together

But I’m sure he’s comfortable that’s all anyone could really ask for

 

[ThaBronxBully]

If He Ain’t Rich He’s Doing Something Wrong

 

[King_Sage]

I'm assuming he trolling. Dude has bread, most of it tied up in assets. If you ain't wealthy, you really can't, shouldn't have 5 Million liquid lol

that's a lot of money not working

 

[NormanConnors]

WELL BY HIS DEFINITION
HE DOESNT HAVE 5MS CASH.

DOESNT MEAN HE DOESNT
HAVE 3MS CASH, A HOUSE AND
A BUNCH OF CARS.



​

Im along the lines with this, he's talked plenty of times about the material things he's had, especially whips/he's a car buff. He just manages his money better/is about quality over quantity these days. And his definition of rich may be different from the next man.

 

[Starburst]

Yeah but you'd think with all the success he experienced he'd have at least 5 million in the tuck. He doesn't seem like he lives some glamorous lifestyle either. No kids, etc... I think most rappers that we think are rich aren't rich...5 million is a lot of f'n cash money.

In my opinion artists don’t really make as much money from music only. The impression they give on social media is definitely an illusion.

 

[Starburst]

Drake already said it on Two Birds, One Stone, "only two percent of us rich and the rest of these nikkas all milk it"

Not saying Lupe milking it but there aren't very many "rich" rappers that are 10+ years into their career

I don’t recall who said it, but recently a veteran asked how these new rappers are all rich.
In my opinion they either have one foot in the streets doing something illegal, or they are giving the illusion of being rich by spending their advance money on rented homes and rented cars.

If someone can start a business offering financial literacy classes to artists they would make a lot of money. In my opinion a lot of artists don’t know how to handle their money especially if the go from having nothing to having everything in a short period of time.

 

[W.I.Z.E.]

Lupe lives in LA

Good looking.

He still wrong Lol. But I get where he's coming from and the point he's really trying to drive.

 

[Chip Skylark]

I don’t recall who said it, but recently a veteran asked how these new rappers are all rich.
In my opinion they either have one foot in the streets doing something illegal, or they are giving the illusion of being rich by spending their advance money on rented homes and rented cars.

If someone can start a business offering financial literacy classes to artists they would make a lot of money. In my opinion a lot of artists don’t know how to handle their money especially if the go from having nothing to having everything in a short period of time.

Method Man

 

[bigdaddy88]

just because he doesn't have 5 million in cash doesn't mean they dont have it in assets. Most of the billionaires dont have a billions in cash either.....its about wealth

 

[Pop123]

I don’t recall who said it, but recently a veteran asked how these new rappers are all rich.

Because they look rich, lol.

Most of them are in 360's, that's why they all look wealthy af overnight. Label wave 300-400k upfront in front of somebody from the hood and they'll sign whatever you put in front of them. Here ya go, you can have a piece of everything I generate down the road, I'm bout to go lease 2 Wraiths!