Listen to Bow Wow Explain About Being Broke and the Size of His 106 & Park Check [Audio]
Is Bow Wow Really Broke?? It’s hard to believe, but we have seen it all before. I honestly thought his mom and his camp had his best interest in mine but maybe it’s harder to stay rich then I think…..YEAHHH RIGHT!??
The broke rumors started again when TMZ received the court records on Monday from a hearing where Bow Wow and his Baby’s mother, Joie Chavis were trying to settle on child support.
Bow Wow’s child support settlement ended at $3000.00 per month.
I have friends who pay more than that.
Only a few years back he had a net worth of $40 million so how could this be?
Bow Wow told the judge that he only makes $4000 per month and he currently drives a leased [more…]Jeep and has only $1500 in his bank account. As soon as the hearing was over, it was announced that Bow Wow would be the new host, and executive producer (according to the audio below) of BET’s, “106 & Park.” A calculated move in attempts to hide this money from the judge, and hense his baby’s mother.
Bow Wow retired from rap three years ago but he’s sold millions of albums, has done movies, television shows and has had endorsements, but again this all means nothing. If you wonder how he spent his money, here’s a reminder. Remember his money spending battles with Soulja Boy?
DOCUMENTED FINANCIAL TROUBLES:
- In 2011 Bow Wow drove a $200,000 Bentley to his agents office wearing a $50,000 timepiece and asked him for $5000 for child support because he was “dead broke” NYPOST
- Rumors had it, said Bentley was repossessed but Bow Wow denied that. ZIMBIO
- TMZ uncovered that Bow Wow owed $91,000.00 last year to the IRS
- TMZ released yesterday that Bow Wow owes $283,000 for a leased Ferrari F430 from back in 2008. He lost a settlement and the bill is getting bigger on interest owed.
But according to the 12 minute clip below – Bow Weezie is doing well and there are movies and endorsement deals coming. He just needs to make sure he stays in his spending lane – and break off Uncle Sam off first when he gets that check.