Nas’ Money Woes

    It looks like Nas has 99 money problems and, yes, Kelis is one. Apparently, he’s unable to pay the $51,000 a month he owes in child support to Kellis and their son together. Additionally, he owes the I.R.S. back taxes to the tune of $3.3 million. Kelis and Nas are currently finalizing their divorce, and the grisly financial details are trickling out. Quite an embarrassing situation for the man who once proclaimed “Money Is My Bitch.” It seems like hip-hop, where boasting about one’s wealth is de rigeur, contains an inordinate amount of folks with money problems. What seems to be the culprit in most of these situations : bad management? Living beyond one’s means?

     

    [The Daily Swarm]