Is Tyga Going Broke?
If not yet, a slew of financial and legal troubles could mean bankruptcy is impending for the young rap star.
At 26-years-old, Tyga is rumored to be worth anywhere from $5 million to $8million, but he’s likely worth a lot less now after living a lavish lifestyle despite serious financial troubles.
Missing Rent Payments
For whatever reason, Tyga has chosen to rent a home for $25,000 a month rather than buy. Clearly, such pricey rent payments are too much for the rapper, because in summer of 2018, he faced his second law suit from a landlord after failing to pay rent.
Early in 2018, he had to pay $80,000 in back payments for skipping out on his rent in a different Malibu, C.A. home.
Despite calling the lawsuit BS when it came about in 2012, the judges clearly didn’t agree with him.
Even worse, this July yet another landlord took to the courts to sue Tyga over the exact same issue- missing rent payments.
After the first incident, he went on to tell everyone he had purchased a $6.5 million mansion also in Malibu, but we’re guessing this might have been bull after this second lawsuit over rent.
With this lawsuit, Tyga owes $50,000 for two months of missing rent.
Missing Payments for Uncle Sam
In addition to evidently not paying his landlord in a timely fashion, Tyga is also pretty bad about paying Uncle Sam, as well.
According to a TMZ report from 2014, Tyga owes Uncle Sam $100,000 in back taxes.
More tax issues for Tyga came to light in September 2018, when it made news that California was after the rapper for $19,000 in back taxes as well.
Missing Payments for a Video Girl
Tyga is also reportedly behind on paying a dancer in one of his music videos for sexual harassment she endured while filming.
After Allison Brown sued Tyga for sexual battery, he settled with her for $50,000 says TMZ, but has only paid her half.
A judge ruled that Tyga owes Brown not only the remaining $25,000, but $16,000 for lawyer fees as well. Just the thought makes you cringe.
Lavish Purchases
What is Tyga not missing payments on? Making lavish purchases, particularly for his girlfriend (?) Kylie Jenner.
According to multiple sources, Tyga purchased a $320,000 Ferrari for Kylie for her eighteenth birthday. While some sources say its was a re-gift, many say he purchased it at that hefty price tag.
Tyga buys such crazy stuff, he’s even on a list of XXL’s most ridiculous rapper purchases for his purchase of a $20,000 Egyptian tomb for his first clothing store, The Last Kings, which mind you his ex-partner is suing him for $1.6 million for.
The Verdict: Impending Bankruptcy for Tyga of MC Hammer Proportions .
