Music mogul Master P was once one of the world’s highest paid emcees, reportedly worth a whopping $600 million. But now it seems the rapper has joined the ranks of celebrities like Lil Wayne, Damon Dash and R. Kelly in facing financial disaster. According to reports, Master P is being sued by a group of crew members from his 2003 film, Uncle P, for $240,000 in unpaid wages.
According to TMZ, court documents show that the angry crew members previously sued Master P in 2005 for unpaid fees and won, but the No Limit Records general allegedly failed to pay up.
Now, the class has taken their case to the U.S. Bankruptcy Court in Los Angeles, hoping to finally receive their money as well as push Master P into bankruptcy so that an independent trustee will be appointed to manage the mogul’s assets.
Perhaps it’s time that celebrities like Master P divert some attention from making money to actually learning how to manage their colossal incomes for the sake of those they employ and their own piggy banks. –nicholas robinson