50 Cent's Bankruptcy Documents Show He Spends $135,000 Per Month

The rapper earned $29,000 from royalties in December.

50 Cent's new bankruptcy documents show he spends $135,000 per month on bills, according to Bossip.
50 Cent's spending in the month of December was greater than his income by $77,000. His greatest expense was $35,000 for mortgage, followed by $24,000 for child support. The G-Unit rapper lists $10 spent on fitness expenses.
He made $38,000 in the last month of 2015, $29,000 of which came from royalties.
50 Cent filed for bankruptcy in July, citing multiple lawsuits as reasons for the filing.

"The filing allows Mr. Jackson to reorganize his financial affairs, as he addresses various professional liabilities and takes steps to position the future of his various business interests," 50 Cent's counsel, William A. Brewer III, said at the time.

Blac Chyna Arrested For Being Too Drunk

Blac Chyna was arrested for being too drunk on a flight Friday (1/29/16). The reports claim Chyna was busted at the Austin-Bergstrom International Airport after she started getting loud while boarding a connecting flight to London. She reportedly appeared “heavily intoxicated” on the plane and “fighting” with a flight attendant.
She was booked for public intoxication.

Jay Z Sued For $18 Million By Parlux Fragrances

Jay Z has always been known for his smart business decisions, but one venture he decided to do could cost him millions of dollars. According to TMZ, Parlux Fragrances is going after Jay for not following through with the deal he signed for his “Gold Jay Z,” which launched back in 2013. In the lawsuit, Parlux claims they signed a licensing deal, where they used Jay’s name and image to launch the fragrance, but he refused to do any promotions for fragrance.

“Further, there was supposed to be a line of follow-up fragrances that Jay helped develop, but according to the suit … he dodged meetings and the new colognes never got off the ground. Parlux says it expected to haul in about $50 million over 2 years, but instead the whole deal is pepe le pew — it’s losing money, and stores are returning unsold inventory.” 

The company is going after $18 million for damages.

Rihanna's 'ANTI' Album Is Here

After releasing the single featuring Drake, ‘Work’, Rihanna‘s highly anticipated eighth album ‘ANTI’  has finally been released.  The album was accidentally uploaded to Tidal’s servers earlier today (1/27/16), so it’s available on the platform now to its members.
The album has thirteen songs, none of which include the initial ANTI cuts “FourFiveSeconds”, “Bitch Better Have My Money”, and “American Oxygen”. There is also a deluxe edition with three additional songs coming on Friday.

DJ Khaled Announces New Future Album

Yesterday (Feb 1) DJ Khaled announced on his instagram (and Snapchat of course) that on February 5 he will be debuting a new Future album via Khaled’s new radio show on Apple Music.

BIG CLOTH ALERT ! MOGUL TALK !! JUST SIGNED A NEW DEAL WITH @APPLEMUSIC. WE THE BEST RADIO AND TV DEBUTING THIS FRIDAY AT 8PM EST / 5 PM PST ! WORLD PREMIERING THE NEW @FUTURE ALBUM THIS FRIDAY !!! THX @THELARRYJACKSON @ZANELOWE AND JIMMY IOVINE. IT’S GOIN UP!!!! @wethebestmusic #Wethebest