Despite having earned $11 million in 2008 alone and having an net worth of $60 million in 2006, recently Jermaine Dupri has fallen on difficult financial times. In May 2011, Jermaine was on the verge of bankruptcy thanks largely to the debt his company So So Def had taken on over the years. Dupri barely avoided the foreclosure of his Atlanta home but at the last minute he was able to salvage the property. Dupri owed over $500,000 to the Georgia state IRS and was forced to shut down his Atlanta restaurant.
