Celebrity News

Birdman Ordered to Surrender $14 Million Mansion
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Photo courtesy of Billboard.

Summary: Rapper Birdman was told to hand over the keys to his $14 million Miami mansion.

Birdman has been ordered to surrender his $14.5 million mansion. According to The Blast, the rapper and founder of the lucrative record label Cash Money was ordered to vacate the premises and surrender access to his security system.

  
What
Where


The court order was made when a judge ruled on a lawsuit filed by EMG Transfer Agent, which said Birdman failed to pay a $12 million loan. The mansion, which had a higher value than the loan, was put up as collateral in 2015, according to The Blast.

Birdman, 48, will be allowed to keep the furniture, which includes recliners in his home theater, but he must give up the home as well as any leases or contracts associated with it.

The Miami mansion that Birdman must give up reportedly has 20,000 square feet, according to Celebrity Net Worth. The home was previously owned by producer Scott Storch and Rockstar energy drink creator Russell Weiner, and it has 7 bedrooms and 11 bathrooms.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




The home also offers a pool, sauna, gym, and in-house massage room.

A photo of Birdman’s mansion. Photo courtesy of The Blast.



Knowing he needed to pay back his loan, Birdman had tried to sell the home multiple times, according to Celebrity Net Worth, but he could not find any takers. Now that he has been ordered to give it up, no one is allowed to sell it, so it’s a complete loss for the producer.

BET reported that in December Birdman seemed to not be too deterred about the threat of losing his Miami mansion, which was purchased for $14 million but said to be worth more thanks to renovations. BET said that on Instagram, Birdman showed off his private jets and other signs of wealth, even though his rap rivals seemed to be loving the news of his money woes.

According to Forbes, Birdman, real name Bryan Williams, had a net worth of $110 million in 2017. He co-founded Cash Money and is a frequent collaborator with Lil’ Wayne. The Cash Money label has signed hip-hop and rap artists such as Drake, Nicki Minaj, and Lil’ Wayne.

Birdman is also rumored to be dating singer Toni Braxton, who has had her own financial troubles. The “Unbreak My Heart” singer filed for bankruptcy twice, despite earning millions with her hit songs and concert tours. Recently, the two released a duet together.

What do you think of Birdman losing his mansion? Let us know in the comments below.



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Commercial Litigation Counsel with Portable Business

USA-MI-Birmingham

Detroit area office is seeking a counsel level commercial litigation attorney with $200,000+ in port...

Apply Now

Senior Labor and Employment Litigation Associate Attorney

USA-CA-Los Angeles

Los Angeles office of our client seeks senior labor and employment litigation associate attorney wit...

Apply Now

Immigration Attorney

USA-DC-Washington

Washington, D.C. office of our client, a Chambers ranked law firm, is actively seeking associates to...

Apply Now

RELEVANT JOBS

Senior Trust and Estate Planning Attorney

USA-NV-Las Vegas

Minimum of 10 years experience The candidate must have strong academic and professional credentia...

Apply now

Associate Attorney

USA-CA-Newport Beach

Immediate Need - We are looking for an associate attorney with a minimum of two years’ ex...

Apply now

Legal Assistant

USA-FL-Jacksonville

The Law Office of Sara Frazier is growing and in search of a highly motivated candidate that has rec...

Apply now

Paralegal

USA-GA-Atlanta

Buckley Christopher, P.C., a small litigation firm, is seeking a motivated fulltime paralegal. ...

Apply now

SEARCH IN ARCHIVE

To Top