These Rappers Aren't As RICH As You Think
These Rappers Aren't As RICH As You Think.
MC Hammer's financial downturn in the early 1990s is a cautionary tale of rapid ascent and subsequent decline. Despite achieving immense success with hits like "U Can't Touch This," extravagant spending and a lavish lifestyle led to financial troubles. His sprawling mansion, a staff of 200, and a penchant for luxury contributed to his financial downfall. The rapper's management team's oversights and a series of ill-fated business ventures exacerbated the situation. Hammer filed for bankruptcy in 1996, revealing debts exceeding 13 million dollars.
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