Look At How The Rapper Messed His Finances Up

Publish date: 2024-05-06

The American rapper Maurice Samuel Young also known as Trick Daddy is best known for his hit songs “I’m So Hood” and also “I’m a Thug”. He has accomplished quite a lot in his career but along the line, things did not really work out well for him financially.

For someone, who used to do well in his career, Trick Daddy went from having millions to thousands and can no longer pay his debts. According to reports, his personal wealth is estimated to be around $150 thousand. The rapper has declared bankruptcy more than three times and all his attempts to declare bankruptcy was dismissed by the court. His most recent bankruptcy filing was said to be an attempt to save his house from the auction block.

Table of Contents

How Did Trick Daddy End Up With Only $150 As His Net Worth?

The 49 year-old Florida rapper reportedly lost all his money through lack of management and overspending. The rapper earned quite a lot of money from the dozen chart-topping hits and collabs he produced.

Aside from mismanagement, Trick Daddy Dollars as he calls himself might be having money issues because of his health issues. He has been reportedly battling lupus which has affected his skin for some years. There are reports that suggest the Miami rapper refused treatment for the disease several times.

He Has Filed For Bankruptcy More Than Three Times

According to TMZ, Trick Daddy owes more money than he is currently earning therefore he decided to declare bankruptcy. The rapper filed for Chapter 11 claiming debts of more than $640,000 and only $430,000 in total assets.

In August 2015, Trick Daddy filed for bankruptcy in Florida and according to the filing, he had $430,000 worth of assets and $630,000 worth of debt at that time. He reportedly claimed that his monthly earnings were still in the ballpark of $14,000 and most of his income came from music royalties and club appearances.

At the same time, he reportedly owed about $35,000 in child support to his former girlfriend and another $22,000 in child support to another former girlfriend. Some reports also said he owed $290,000 in back taxes and $280,000 in mortgages.

He filed the second bankruptcy in 2019 and the court documents suggested that the rapper owed more than $800,000 to various creditors. At that time he claimed to have $0 in his checking account and $150 worth of clothes but he still owned his Miramar home which was worth $350,000. Trick also claimed the home was filled with household items worth about $1500.

Aside from owning a million-dollar home, Trick Daddy’s other assets included $2,500 in furniture, $400 in jewelry, and also $150 in clothing as at the time of his third Chapter 13 bankruptcy filing. He also had $10,000 of stock in his record label Trick and Rick Music Publishing even though he reported that he had no cash on hand or in the band at that time.

His most recent bankruptcy filing which was mostly related to real estate rumors had it that he wanted to save his home auction block. At that time he reportedly owed over $435,000 to his mortgage company. He claimed he has not paid off any of the $290,000 he owed to the IRS and also his unpaid child support payments remained unresolved at $57,000.

Apparently, Trick Daddy is not the first rapper who has lost all his money. He has joined the likes of R. Kelly, DMX, Lil Kim among many others.

Other Intriguing Facts You Might Not Know About Trick Daddy

1. He was raised alongside his 10 siblings by a single mother

Trick Daddy was born Maurice Samuel Young on September 27th, 1974 in Miami, Florida, the United States to his parents, Charles Young and Pearl Brockington. His mother singlehandedly raised Trick alongside his 10 brothers and sisters in the liberty square apartment complex. However, Trick moved to his father’s place together with his brother when he became a teenager.

2. He was arrested at the age of 15 for drugs and firearms possession

The rapper was living with his father who was a local pimp when he started dealing with cocaine on the streets. When he clocked 15, he got arrested for possessing drugs and firearms. As if that was not enough, on the same he was released, he was rearrested again on an attempted murder charge after he shot a man in the street. He was sent to prison when he clocked 20 and that happened to be the year he also lost his brother as well.

3. He started his career in rap after he got out of jail

Trick Daddy’s career began after he was released from prison. He met the founder of Slip-N-Slide Records, Ted Lucas who encouraged him to pursue a rap career.

His first track was Scarred from Luke Campbell’s 1996 album Uncle Luke. The song was a big hit and he caught the attention of many record producers. After he was signed by Ted Lucas, he released his debut album titled Based on a True Story in 1997.

He continued to attain success in his career as his track Nann Nigga became a national hit and he signed a new deal with Atlantic Records in 2000. After he began working with Atlantic Records, he released his third album Book of Thugs: Chapter AK Verse 47.

His fourth album was released in 2001 and it included the hit song, I’m a Thug which peaked at the 17th spot on the Billboard Hot 100. In 2004, Trick Daddy released another studio album titled Thug Matrimony: Married To The Streets and it featured his song Let’s Go which became a big hit and topped several music charts across the country.

The Miami-born rapper later launched the career of Trick Daddy’s Group, Dunk Ryders after releasing several albums. He has also worked with several artists including Young Jeezy, Pitbull, and DJ Khaled.

Aside from his music career, he has tried acting as well. In 2010, he appeared in the film Just Day as a drug dealer. In 2018, he also appeared in the VH1 reality series Love & Hip Hop: Miami and in 2017 he started his podcast co-hosted by Supa Cindy.

Here are some of his studio albums:

4. He was once married to Joy Young

The rapper was married to Joy Young who also featured with him in the reality series Love and Hip Hop: Miami. The former couple reportedly married in 2003 but before the second season reunion, Joy had already filed for divorce but Trick refused to let her go. The former couple does not share any children.

After the divorce, he started dating Nikki Natural and was spotted in the third season of the series with her. Nikki Natural is also known as Neisha Cooper is a rapper too.

5. Trick Daddy has about 10 kids with 8 women

For someone who comes from a really large family, the rapper reportedly has 10 children of his own from 8 different women. He is currently having issues supporting some of his own 10 children financially.

6. The rapper was bashed by Beyonce’s fans

According to reports, the rapper made a comment about Beyonce that she cannot sing in an audio clip. The clip went viral in no time and her fans all came out to bash him online.

However, he later went on Instagram Live and said Queen Bey can sing but not like other vocalists.

Read Also: Phinnaeus Moder is Julia Roberts’ Son: Bio, Parents, Siblings, Other Interesting Facts

7. He recently had a run-in with the police

Trick Daddy always seems to be in some kind of trouble. He was pulled over in Miami by the police on January 11 2020 because the police suspected he was drinking while driving. After he failed the sobriety test, he was taken into custody at the Hammocks District station and while he was handing over his possessions, the police found cocaine wrapped inside a dollar bill. He was instantly charged with cocaine possession and his bond was set at $6,000 for the charges.

Related

ncG1vNJzZmiipaCyo8HGrGWcp51kwbO1wqRknZmUmcZuusStZLCnoqm1bq2Mpaaoo12WwW60zrBkraCVYr%2BivM%2BeqWallajAprCMoaCsZZaeu6K6wp6qZq2gZA%3D%3D