Fresh on the heels of reports that Birdman is swimming in $12M in debt, the Cash Money CEO couldn’t be more unbothered by the rumors of financial woes and the clowning which has subsequently followed. 

As previously reported, Stunna is being pressured into selling his Miami mansion on Palm Island after failing to repay a $12 million loan. According to court documents, obtained by The Blast, the music mogul was granted the loan from a trading company titled EMG Transfer Agent back in 2015. As part of his agreement with the lender, Stunna opted to put up his $14.5M mansion as collateral and has since defaulted on his payments. 

The report further suggested that EMG apparently wants the lavish home foreclosed immediately. The residence, which was once owned by Scott Storch, was recently listed by Birdman as being valued at $20M following several renovations over the years. Following the news, Stunna’s unfortunate money woes were clowned by the likes of Rick Ross ― yet again. 

If you need a refresher course, take a look at Rozay’s scathing take on Birdman’s financial situation below. 

But, if you ask Birdman the rumors haven’t put any limitations on his ability to do what he does best: stunt. Over the holiday weekend, the hip-hop mogul shared clips of himself living his best life on social media. Taking to Instagram, Stunna showcased his love for lavish private jets which really makes you wonder just how he’s been taking the rumors of being in debt.

Take a look at Birdman’s response to the lofty debt claims, below.

Source link

About The Author

Related Posts

Leave a Reply

Your email address will not be published.