: MediaTakeOut.com learned that rapper Bow Wow is either BROKE . . . or very close to it. According to a very well placed snitch who works with a Florida REPO company, they repossessed a Bentley that was registered to Shad "Bow Wow" Moss.
According to our snitch, Bow Wow had missed a number of payments, and his credit was SO POOR, that the finance company decided that it was best to REPO the car.
Dang Bow Weezy . . . time to go on tour or something . . .
He hasn't sold any records like he used to in years but, that doesn't mean he's broke. It's possible he didn't make payments but, that could've been whoever handles his finances. He could still be sitting on paper especially from how his mom managed him early or maybe he is broke now but, still has more money than 99% of the people that post or read this site.
What i dont get is if these rappers and actors got so much money why not just pay for you luxury cars in cash and be done with it same thing happen to Eddie Griffith. Unless they lie about making all this money in the music industry cause most of the money goes to the producer and studio time so if your album dont sell or you dont sell out your concerts you dont make jack ***
SMDH!!! How could he have blown through all that money he made that fast? Save your money and be thrifty black people we are in a 2nd Great Depression and the people in DC, esp. the GOP, want to cut off every lifeline we have. Be smart watch your money & don't let the creditors take the last dimes you got!
don't worry mto he got Angela now... I'm sure she going to take good care of him. LOL... NO WONDER HE KEPT GOING he's back and forth with her. So that's why!!!!!!!! i'm laughing right now hell naw lol.. Yall not lying MTO he is... Rumors been going around. He mind as well forget about *** album. He better come with a REALITY TV SHOW. oh well ***.. LOL. Angela you a *** fool!!!!!! He really don't want angela he just using her for a free ride oh man!!!!!!! lol
@123iloveme...his mama had to move her business online cuz she couldnt make the payments on her spot so i doubt she has any real control over what he does as for him this is what happens when you sign to ymcmb you never make money in music again unless ur drake or nicki (shanell bow cory gunz and the list goes on) a lot of these industry people are cash poor they invest in shid like cars houses and jewelery and dont have any ready cash on hand so it looks as if theyre broke rich people will always appear broke and wealthy people will always appear rich (lets see who understands that one)
I actually kind feel sorry for him. He started working in the industry at a very young age, 5 I think. He never really had someone to sit him down and show how to manage his money to secure his future. He seems to have people surrounding him that only want his money, his mom included. :( Awww well this is a lesson to him that he is blessed and he needs to start managing his money before it's to late.
1st - you too old to be still called BOW WOW...who the heck can take you seriously; 2nd - if it was repo'd or he gave it back, he still wasted money a la leasing. He did start young so (if the story is true), I guess his mom's didn't take time out to teach him management skills - oh, wait I forgot, his mom's clothing boutique was *** down for non-payment of taxes. Guess they could both attend consumers ed 101. :(
Bow... You ain't hustlin hard... You go on youtube and there's tons of talent just hoping to get noticed... Go to these young cats, battle them all out til you got like a top 12 and do an "american idol" show for youtube talent... You'll be gettin Simon Cowell money in the end and be relevant in bringing back real hihop. Most of all, you'll acquire that elusive thing called RESPECT.... when you're down for all the lil people trying to come up, they got your back and so do their fans! Do I got great ideas or what? Ghettobeats@yahoo boyeeeeee!
And when u got the top twelve you'll throw hooks at em and make em come up with their own whole song and you'll judge em by punchlines and metaphors and vocab and stuff and of course I'll be a judge too and we'll have another hot female judge with us (Not Lil Mama!).... We'll showcase dj's too and battle their beats out and let the world vote... It'll be the hottest show on tv and the death of AMerican Idol. And we'll have guest Judges, rappers and DJ's too.
....Oh why oh why are my people so complicit in their stupidity?----To all of you whom have posted that having your Bentley repossessed doesn't mean one is financially broken-- then please do tell what does it mean???
Now I must take into account that for most of you, by having 200 dollars in your savings account means you are doing well, and that's good for you and your type of people pecking order position.
However, when you are in the supposed-- Big Leagues-- getting your cars repossessed means--- YOU ARE INDEED BROKE-- why else would one be defaulting on one's loans?--- Because it's fun to have your name out there as getting your property repossessed???
Common people do not seem to understand that perception in the entertainment industry is everything. If it is even rumored that one is having cash issues, even if one is not--- you will be SOON.
You see, getting your vehicles and or other properties taken away through repossessions and or foreclosures is the kiss of death in the entertainment industry---no one wants to do business with someone out here that can't pay his or her car notes--it's not a good look.
So if it is to be true that Sir, Shad "Bow Wow" Moss has indeed gotten his Bentley repossessed-- (he is worse than broke, he is in deep debt)
No one in this industry allows for his or her high-end vehicle to be repossessed unless he or she has no other choices.
In L.A. your vehicle represents your position--it is more important than your house, you lose it, you lose perception, you lose perception-- then it's just a matter of time before you lose the game.
PS...To Mr. Moss, if you by slight chance read this--- as I know many black entertainers in the industry do read MTO---- hope your financial difficulties, if at all true, are temporary and lenient.
However, coming from someone that knows--- your strongest creative *** lies in your acting abilities. As you know the music industry is the hardest way to make a living these days in our business.
Have whom ever is your current management representatives contact us over at CAA, I'm sure he or she will have the number, and if you are not currently contractually bound to another agency-- there are some upcoming package adaptations for both big and small screens, I am more than certain we could fit you into
Good day and good luck....Artofwar