Rap Basement


DMX Claims To Be Down To His Last $50

Posted By on September 20, 2013

Rapper DMX is claiming that he is completely broke, having no money in the bank, and $50 to his name.

According to the Wall Street Journal, “The court documents show DMX’s estimated monthly income is $5,000 and that he has monthly expenses of $5,221, which include $1,000 on clothing and $500 on laundry and dry cleaning” (WSJ)

WSJ also reports the rapper has several outstanding debts.

“Among them are more than $1 million in unpaid domestic-support obligations that lead, in part, to his July filing for Chapter 11 Bankruptcy, the story says. DMX also owes unsecured creditors more than $475,000 and has a mortgage of more than $450,000 on a property in Mount Kisco, New York.” (WSJ)

DMX is set to appear in court October 8th for a bankruptcy case conference.

  • tinmanbxx

    stop smokin crack nigga


    This nigga came out with a album like last year though..

  • Darragh

    What goes around comes around .no financial advisor? He should of took example of rappers who turned into businessmen lol dmx was big in his day wtf happened?too keep it growin he should of invested it i remember when he was big reebok even brought out a fuckin shoe with dmx written on the side wtf i believe something else is behind this.

  • Disnigga

    Black don’t crack doe

  • Bettie Sanders

    Dmx I’m praying for you! I love you!