Pooh Shiesty was worth $3.4M
- Thread starter ISO
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- pooh shiesty
it means he has assets equal to 3.4m
whats the problem?
thats how everyone's net worth is calculated
But streams don’t pay like that tho
Rembrandt
the artist
Not surprised. I remember ppl being shocked juice wrld had like $2 mil liquid in the bank, on top of the cars and house(houses?) he actually owned.
These young kids have the most opportunity to eat through music, brand deals or shows. Even look at the tekashi shyt from after release, he was still grossing close to a mil a year with no ability to do shows/music flopping/etc.
Now it's of upmost importance to hire the best lawyers and accountants to read, keep track of and make financial records accessible/readable for them. They're getting nikkas through obfuscation and shyt hard to parse with good amount of money up front and throughout, but yk
These young kids have the most opportunity to eat through music, brand deals or shows. Even look at the tekashi shyt from after release, he was still grossing close to a mil a year with no ability to do shows/music flopping/etc.
Now it's of upmost importance to hire the best lawyers and accountants to read, keep track of and make financial records accessible/readable for them. They're getting nikkas through obfuscation and shyt hard to parse with good amount of money up front and throughout, but yk
Rembrandt
the artist
I mean, it is though even including evaluation which is why it constantly fluctuates. Musk's net worth is primarily tied around Tesla's evaluation, same with Zuckerberg and bezos with Facebook and Amazon respectively. Net worth has never meant liquid and can't ever because of devaluation across assets.
And it has 0 to do with labels. They can't set a person's net worth because, in best and most case scenarios, they have 0 control over it. You can use your record advance money to invest in yourself and end up with a positive net worth after accounting for your advance and shyt
Kanye's net worth is mainly tied to the Yeezy brand he owns 100% of. Just like it is for literally everybody else that high up.
(I.e. Tesla, meta, Amazon, Microsoft, etc)
Rembrandt
the artist
I mean, no? They're under his name. I mean, if he couldn't pay back the advance ever, then yeah, he would sell them to pay an advance back I guess, but it usually goes you'll just make far less on the next album til the prior debt is paid off.
If he's renting, it's an asset of the banks first and foremost. If he owns any property, it's his assest first and foremost.
Rembrandt
the artist
You got it bro
Idk who would calculate music rights he doesn't own into a fukking net worth statement for court, but go off.
ISO
Pass me the rock nikka
Stop hating nikka he spent hundreds of thousands of dollars on his jewelry and drug habit alone
Rembrandt
the artist
this nikka just joined Friday and all his posts are him thinking he's explaining advances and the shyt to us all lmao.
move around bro
move around bro
Drip Bayless
Superstar
People can’t stand the fact that rappers make a lot of money
That’s a feminine ass trait for a man, but get it how you live I guess
That’s a feminine ass trait for a man, but get it how you live I guess
livindajetlife
Superstar
nikkas be so mad these young nikkas be rich af off rap
He eating but everybody aint poppin like holmes. He would probably do similar to Durk if he was still out. But for every Pooh Shiesty its like 20 rappers getting like a 300k advance or whatever and having to work with that.
Back in blood with durk at least 2 or 3x plat and shiesty album is platinum or close to it
Art Barr
INVADING SOHH CHAMPION
Method had every right to pose the question.
Why has he not been answered tho.
Instead of the neg virtroil.
you frame him in print of having.
Art Barr
the money is better now regardless of skill set.
