Rapper, Soulja Boy, reportedly has a negative net-worth after being forced to pay a $472K judgment to his ex girlfriend

Rapper Soulja Boy reportedly has a negative net-worth after being forced to pay a $472K judgment to his ex girlfriend. Soulja admitted in court that his assets are 3 cars worth $600K, $18K in jewelry, & $50K in stock.

According to Radar Online, Myers objected to his proposal by suggesting he sell off his assets, which the Los Angeles Superior Court judge agreed with, pointing out that the “Crank Dat” rapper was in a position to make enough money to satisfy his debt.

“While it is not clear that defendant could just snap his fingers and book as many shows as he would like, neither is it clear that he cannot work at all,” the judge said. “It might not be the work he wants (and he might not be headlining), but the court has no reason to believe that he cannot perform at all.”

Suggesting that he cut his living expenses, the judge said, Someone as close to zero (financially) as defendant [Soulja Boy] claims to be might want to scale down the living arrangements. $25,000 is a lot of monthly rent—even in Los Angeles. There is no reason for which the court is aware that he could not relocate to a more ‘modest’ $10,000/month home. Further, the court is aware of no debts that the defendant owes other than the tax debt and the judgment here.”

According to a report, Soulja Boy‘s new worth is now negative. Amidst the “Crank That (Soulja Boy)” rapper’s legal battle with his ex-girlfriend, a judge suggested that he cut his expenses to pay his $472,000 USD judgment due to his current fiscal standing.

Adding, “Defendant [Soulja Boy] must be earning money from somewhere sufficient to pay for the rent and whatever other monthly expenses he has. In other words, the defendant is paying $300,000/year in rent alone. It stands to reason that he must have some other living expenses. And that money must come from somewhere. It is not coming from loans, for the defendant did not testify as to any other debts.”

The documents further revealed Soulja Boy’s current limited assets, three cars valued at $600,000 USD, $18,000 USD in jewelry, and $50,000 of stock. Soulja Boy’s lawyer noted that the rapper cannot liquidate his assets as they are vital to his image as an entertainer.

According to a report, Soulja Boy‘s new worth is now negative. Amidst the “Crank That (Soulja Boy)” rapper’s legal battle with his ex-girlfriend, a judge suggested that he cut his expenses to pay his $472,000 USD judgment due to his current fiscal standing.

Regarding the rapper’s claims about financial struggles, the judge said: “Someone as close to zero (financially) as defendant claims to be might want to scale down the living arrangements. $25,000 is a lot of monthly rent — even in Los Angeles. There is no reason of which the court is aware that he could not relocate to a more ‘modest’ $10,000/month home.”

He concluded: “Defendant must be earning money from somewhere sufficient to pay for the rent and whatever other monthly expenses he has. In other words, defendant is paying $300,000/year in rent alone. It stands to reason that he must have some other living expenses. And that money must come from somewhere. It is not coming from loans, for defendant did not testify as to any other debts.