Saturday, July 30, 2011

Happy birthday to me! Rapper Soulja Boy treats himself to a $55 million private jet

Singer makes extravagant purchase despite owing $30,000 in taxes

Most celebrate turning 21 with a modest party and a few kind gifts.
But not if you are a multimillion dollar rapper and producer.

DeAndre Cortez Way, otherwise known as Soulja Boy, the man behind rap hits such as Crank That (Soulja Boy) and Turn My Swag On, is splashing out on a $55 million private jet to celebrate his milestone, his management told TMZ.

While the jet already has a hefty price tag of $35 million, the singer has spent an additional $20 million to upgrade the new mobile pad.
The upgrade include Italian leather seats, flat screen TVs, four liquor bars, a customized travertine-tiled floor, a revamped bathroom, Brazilian hardwood cabinets and a custom paint job on the exterior, featuring his logo.

And the rapper hasn't stopped there with his extravagant birthday spending.
He has also splurged $300,000 (£183,000) on his own birthday bash, which will take place in Miami tonight.
But despite the extravagant purchase, Soulja Boy reportedly owes almost $30,000 (£18,272) in back taxes.

RaderOnline.com reported that that the State of California filed a $26,805 tax lien against the singer in March.

He also owed the State of Mississippi $3,571 in back taxes but he paid the full amount last week.
And his home in Georgia was foreclosed on last year, according to the Detroit News Tax Watchdog blog.
Soulja Boy was number 18 on the Forbes list of top hip-hop's earners in 2010, with a reported $6 million earned from touring and ringtone downloads.

Singer Sean Kingston, who recently recovered from a horrible jet-ski accident, is on the star-studded guestlist tonight, as well as American rapper and actor, Bow Wow, and Orlando Magic basketballer, Dwight Howard.

And perhaps giving an insight into how Way may be paying for all of his birthday swag, the party will be streamlined live on the rapper's website, where fans will be required to pay a fee in order to obtain an inside look at the festivities.

Way started his career in music at the age 14, when he moved to Mississippi with his father who gave him his own recording studio so he could pursue his passion for music.
Shortly after in 2004, he founded his record label Stacks on Deck Entertainment.

Nice ride: Soulja Boy will be travelling in style - perhaps in a Gulfstream G550 Business Jet

While Way was originally signed under Interscope and Collipark Music, he says that his own label had distribution deals with music giants Interscope, Universal Records, and Koch, leading him to make his future fortune.
In 2007, after his song Crank That (Soulja Boy) was played on the hit HBO series Entourage, it became an instant hit, spending seven weeks at number one on the U.S. Billboard Hot 100.
He also had similar success with his third single Turn My Swag On after it topped the US Rap Charts in 2009 and sold over 1,000,000 digital downloads in the U.S.

Star guest: Sean Kingston, who recently recovered from a jet-ski accident, will be attending Way's $300,000 birthday bash

Source: DailyMail

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