All Articles Tagged "mc hammer"
When Kanye West announced that he was $53 million in debt, we all raised an eyebrow. How can someone who makes millions get that far behind on their bills? Well, as it turns out, Kanye West was speaking figuratively about his massive bills. That $53 million is the amount that he’s invested in his own companies. And if he can get Mark Zuckerberg to invest that cool billion in him, his financial house will soon be in order.
But the rest of the celebrities on this list aren’t just broke because of investments. These stars managed to get themselves into mind-boggling amounts of debt. Everything from IRS debt to balling out of control helped these stars find themselves millions of dollars in a hole. What’s even more unbelievable? How some of these stars managed to work their way out of their debt. Get ready to feel better about your own credit card bill and learn some hard lessons in finance from these celebs with the biggest debts in recent history.
So Mc Hammer looks to be having money troubles again and this time, the IRS is on his back over taxes from over 15 years ago.
According to TMZ, “Uncle Sam” has filed a lawsuit against Hammer (real name Stanley Burrell) for close to $800,000 in unpaid taxes.
If you can believe it, the lawsuit is based on his unpaid taxes from 1996 and 1997. If memory serves correctly, he’d already had huge financial problems years before the mid-90s, so to be that far in debt with the IRS shows that he still hadn’t really gotten it together.
According the documents leaked to TMZ, the IRS now wants every dollar Hammer makes in order to pay the $798, 033.48 bill. We haven’t heard much from him over the last few years; for years, he’s been trying to make different web based projects work but none have seemingly been overly successful in recent times.
We’re not quite sure what he’ll do to pay the IRS back but make no mistake, they will get their money. Perhaps his team can talk to someone who produces celebrity reality shows and he can get on there to not only make a check, but also to become visible again. Hmmm, Dancing With the Stars, anyone?
So far, no comment from Hammer.
Some stars have been with you since puberty or earlier. You might’ve heard one of their well-crafted verses when you experienced your first kiss, or nodded along sadly to one of their well-sung ballads after your first break up. Or, perhaps, you watched a certain film that uplifted you every single time, and you grew fond of the person cast in the lead role. Yes, these artist/actors found a neat place in your heart… that’s why it’s shocking when all of sudden they just disappear from the scene. They were killing it in their heyday, laying down track-after-track of generation defining hits, or they leading astounding roles in incredible movies, then they turned on ghost mode? Some of these celebrities quietly faded to into the background, while others disgracefully slide into oblivion, like Lindsay Lohan.
Tiger Woods was at the top of the world of golf for a long time, before it was discovered that Woods was spreading his seed around to every cheap piece of flesh that would have him, which ultimately destroyed his career, his marriage and his life. The Tiger days are now over.
Fresh From The AdColor Awards And Twerking With Arsenio, Nick Cannon Launches Tie Collection At Macy’s
The 2013 ADCOLOR awards, a ceremony that champions diversity in the media, were held at the swanky Beverly Hilton hotel on Saturday with Nick Cannon taking home the “All Star” award for his successful multifarious career. CNN anchor Don Lemon hosted the event.
Cannon, known as an industry chameleon with work covering a variety of media, was lauded for his achievements in television, film, and radio broadcasting, executive producing and philanthropy. We can add twerking to the mix. Cannon showed off his rump-shaking abilities on The Arsenio Hall Show this week with Arsenio labeling Cannon’s performance as “genius.” Check out the performance in the clip below.
And Cannon just can’t stop. Just this week, Macy’s announced they will be launching Cannon’s new brand of striped, dotted, plaid, and bold-colored ties. “Retailing for $65 and made of silk, each tie will express a distinct style sensibility,” Daily Finance said. The exclusive line of 25 ties will be available online and in select Macy’s retailers.
Other AdColor honorees included Ryan Tarplay, a Creative Artists Agency executive, Janet Mock, a writer and founder of the #GirlsLikeUs Project, and Torrence Boone, a managing director and business developer for Google.
Additional presenters and attendees included Randy Jackson, Garcelle Beauvais, Soledad O’ Brien, Wilson Cruz, Laz Alonso, and MC Hammer with performances by Elijah Blake and DJ Eric Cubeechee.
AdColor strives to bring the next generation of underrepresented professionals into the media fold by celebrating the accomplishments of African-Americans, American Indian/Native Americans, Asian Pacific-Americans, and Hispanics.
Congratulations to all the honorees!
In a world full of Lil Waynes, Chief Keefs and Nicki Minajs, it’s not often we hear rap music that isn’t laced with expletives and sexually charged, violent lyrics. So those rappers who make it a point to produce clean music are like a breath of fresh air. Which artists fall in this category? Click on to find out.
Back when Will Smith was The Fresh Prince, he secured his place in music history by releasing songs with PG lyrics and wholesome themes. Though other artists have adopted a similar strategy, Will Smith has always been considered one of the cleanest overall.
We already threw 10 names your way a few weeks back that we saw surprised some, was a refresher course for others, and got folks talking in general. Fortunately for you, there are a great deal of celebrities with interesting names that they tried to keep on the low-low. After doing some digging and reading, we’ve got 10 more names to share. Some that are very exotic, some that are just completely different from their stage names, and some that just don’t make any kind of sense. No matter what though, they’re interesting indeed. Let’s check them out shall we?
Frank Ocean – Christopher “Lonny” Breaux
I know you didn’t think Ocean was a real last name like that (apologies for anyone who truly was born with the surname, Ocean)…? Even singer Billy Ocean was actually born Leslie Charles. I know, I know, we’ve clearly been bamboozled for way too long, folks. Maybe it’s the fact that the name is just as calm, cool and collected as what it actually represents, but the New Orleans-born singer liked it enough to not only make it his stage name, but to also legally change his own name from Christopher “Lonny” Breaux to Christopher Francis Ocean. He once talked about his excitement over giving himself a new name in 2010, while talking with Complex:
“I went on LegalZoom and changed my f**king name…On the change Ocean adds: “It just felt cool. None of us are our names. If you don’t like your name then change your name. I’m only a few steps into the process, so I probably shouldn’t even be talking about this, but by the beginning of summer I’ll be straight. I’ll be boarding planes as Christopher Francis Ocean.”
There wasn’t an abundance of color at last night’s American Music Awards. But there was a moment where Psy, the South Korean creator of the internationally popular song and dance “Gangnam Style” performed the song that made him famous. In the midst of the high energy performance Psy introduced a special guest, the one and only MC Hammer. Check out the performance below.
The audience was certainly feeling it. Looking at this video, it’s hard to believe that Hammer is 50 years old. He hasn’t missed a step.
I’ll be honest with you, I’m usually behind on a lot of pop culture things. I’d never heard of the word “ratchet” until I started writing for this site; I’m still not sure if I’m working my twitter correctly (but I’ll pub it ’til no tomorrow though @kkoger!), and I honestly just found out who Kat Stacks was 6 months ago.
So when I was taking a break from work and scrolling on the internet, I came across the Chris Brown and Drake bar brawl. Feeling exasperated that I was late again, I looked at the time and saw that these reports were posted just 20 minutes before I saw them. Sadly, I was excited that I was finally first in the know, but then when I started reading more and more about what happened, I got really disappointed. But, don’t cry for me, Argentina. I was more sad for these talented men who allowed something that I’m pretty sure could have been settled without bottles thrown; and to realize that innocent people were hurt in the cross hairs of such… irresponsibility on all parties who were concerned.
But, seeing all of this made me wonder, what other beefs have I missed out on? While researching, I found some of the most side-eye beefs ever. A caveat, this isn’t a normal list of beefs. Some of these beefs are ideals, some of these are people vs. their own situations, and so on. But, I hope you enjoy this trip down down beef lane.
We’ve all seen the lifestyles of the rich and famous–celebrities spending more money in a day than most people see in a year. Same old story–they’re rich, you’re not. Got it.
That is, until news of a bankruptcy breaks and it looks like Mrs. Rich and Mr. Famous were spending money faster than a crackhead with an IRS refund check. Most people have horrid financial sense to begin with, and celebrities are no different. Especially those ones who go from rags to riches.
There’s a pitch for a new reality show if I’ve ever heard one: What happens when the famous stop being rich, and start being bankrupt. I would revel in guilt while taking pleasure watching Lindsay Lohan’s car repoed.
Plus it’s a win-win. Cash-strapped celebrities get a few more paychecks and viewers at home, learn some hard lessons at someone else’s expense. Public education. You too can learn financial success while being entertained by fiscal failures.
Granted, claiming bankrupt is a smart fiscal strategy to keep money-grubbing hands out your pocket. But at the end of the day, making millions only to end up losing it all like you’ve been betting big in Vegas, is one thing, and one thing only: dumb. Oh yeah, and entertaining.
Here’s a look at some of our favorite, and financially dumb, super stars:
(CNN) — You can’t Google this. OK, maybe you can. But MC Hammer doesn’t want you to.
The venerable rapper, who helped usher hip-hop into the pop mainstream in the early ’90s, has rolled out a search engine he hopes will outperform Google, Bing and other established tools.
The project, called WireDoo, has been two years in the making, said Hammer (real name Stanley Burrell) Wednesday at the Web 2.0 summit in San Francisco.