rappers 20 Rappers Who Went Broke  

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List Rules Famous hip hop artists who lost all their money

Biggie Smalls once said, "Mo' money, mo' problems," but for these famous rappers, it seems that less money caused more problems. Several famous rappers and hip-hop stars went broke. Some of these rap artists went broke due to bad record deals, while others lost all their money because they mismanaged their funds. Some rappers even did jail time for tax evasion.

Who is the most famous rapper who went broke? Lauryn Hill tops our list. Lauryn Hill plead guilty to tax evasion in 2012. She also risked being evicted from her home around this time. She served almost 30 days in prison, and paid her back taxes in full. Lil' Kim faced bankruptcy after she was sued by her former label for $2.5 million in 2008. In 2012, she reportedly owed the government $1 million in back taxes.

Several famous male rappers also went broke. MC Hammer filed for bankruptcy in 1996 when he was reportedly $13 million in debt. Fat Joe plead guilty to tax evasion in 2012, when he allegedly owed over $3 million. He spent three months in prison for the crime.

Are you surprised that so many famous rappers went broke? Take a look at this list and share your thoughts in the comments section.

Lauryn Hill is listed (or ranked) 1 on the list 20 Rappers Who Went Broke
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Lauryn Hill plead guilty to tax evasion in 2012, and was close to being evicted from her home. She served almost 30 days in prison, and has since paid her back taxes in full.  

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Genres (Music): Hip hop music, Alternative hip hop, Neo soul, Folk music, Reggae, + more

Albums: The Miseducation of Lauryn Hill, MTV Unplugged 2.0, Ms. Hill, Greatest Singles Collection, MTV Unplugged, + more

Nationality: United States of America

Labels: Ruffhouse Records, Columbia

Career Began: South Orange, New Jersey, United States of America

Also Ranked

#76 on The Best Current Female Singers

#78 on The Greatest Black Actresses of All Time

#51 on The Best Solo Artists Who Used to Front a Band

#21 on The Greatest R&B Artists and Bands of All Time

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Nas


Nas is listed (or ranked) 2 on the list 20 Rappers Who Went Broke
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Nas had his earnings garnished in 2009 to pay over $6 million in back taxes. He also claimed that his ex, Kelis, requested over $300,000 for child support, and that if he had to pay, it would completely bankrupt him. Although her milkshakes brought all the boys to the yard, those delicious, frosty beverages certainly couldn't convince Nas to pay up.  

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Genres (Music): Hip hop music, Alternative hip hop, East Coast hip hop

Albums: Illmatic, Life Is Good, Untitled Nas album, It Was Written, Stillmatic, + more

Nationality: United States of America

Labels: Def Jam Recordings, Ill Will Records, Columbia

Career Began: Queensbridge, New York City, New York, United States of America

Also Ranked

#4 on The Greatest Rappers of All Time

#3 on The Dopest Rappers of the '90s

#25 on The Most Musically Gifted Children of Musicians

#2 on The Best Rap Lyricists of All Time

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Lil' Kim is listed (or ranked) 3 on the list 20 Rappers Who Went Broke
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Lil' Kim faced bankruptcy after she was sued by her former label for $2.5 million in 2008. In 2012, she reportedly owed the government $1 million in back taxes.  

Photo Via: Shutterstock

More About

Genres (Music): Hip hop music, Dirty rap, Hardcore hip hop, Pop music, East Coast hip hop, + more

Albums: The Naked Truth, Hard Core, The Notorious KIM, La Bella Mafia, How Many Licks (feat. Sisqo), + more

Nationality: United States of America

Labels: International Rock Star Records, Atlantic Records, G-Unit Records, I.R.S. Records

Career Began: New York City, New York, United States of America

Also Ranked

#11 on The Rappers with the Dirtiest Rhymes

#40 on The Dopest Rappers of the '90s

#99 on The Best Rap Lyricists of All Time

#6 on The Greatest Female Rappers of All Time

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Common is listed (or ranked) 4 on the list 20 Rappers Who Went Broke
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In 2012, Common faced foreclosure on his Chicago condo.  

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Genres (Music): Hip hop music, Jazz rap, Alternative hip hop, Hardcore hip hop, Neo soul, + more

Albums: Resurrection, Be, Like Water for Chocolate, One Day It'll All Make Sense, Electric Circus, + more

Nationality: United States of America

Labels: MCA Records, Warner Bros. Entertainment, Warner Music Group, Geffen Records, Music Corporation of America, + more

Career Began: Chicago, Illinois, United States of America

Also Ranked

#33 on The Dopest Rappers of the '90s

#39 on The Best Underground Rappers

#13 on The Best Rap Lyricists of All Time

#86 on The Greatest Black Actors in Film History

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