Trick Daddy is an American rapper and actor who has a net worth of 150,000 dollars. The American singer, who came into the limelight in the late 1990s, has had several financial struggles and legal issues that have had a negative impact on his financial portfolio.
Trick Daddy is better known for his 2004 song, Let’s Go. It peaked at number seven on the charts, and it remains his most successful song. The song helped him garner national and international fame, which was key to his success. The artist has been in the music industry for close to three decades, having begun his music career in 1996.
Financial Struggles
Trick Daddy has filed for bankruptcy on several occasions. In August 2015, he filed for bankruptcy, noting that his debt was at 630,000 dollars while his assets were just 430,000. He further noted that he was making about 14,000 dollars per month. This money came from club appearances and loyalties. Trick further noted that he owed 57,000 dollars in child support to two of his former girlfriends. The rapper also owed 280,000 in mortgages and 290,000 in back taxes.
Four years later, Trick Daddy filed for another bankruptcy. At this time, things were worse than in 2015; his debt was over 800,000. The rapper was not making any money and had $0 in his bank account. He still owned his Miramar home worth 350,000 dollars and had furniture worth 1500. In 2019, he filed for bankruptcy because he did not want to lose his Miramar home. He still owed his mortgage company, and now the amount had increased from 280,000 to 435,000 dollars. Additionally, the rapper had not paid the child support he owed two of his former girlfriends. The court further revealed that Trick Daddy had tried to file for bankruptcy three more times but was dismissed on those three occasions.
Legal Issues
Besides taxes and mortgages, Trick Daddy has had several legal issues that have had an impact on his finances. Since he was young, Trick Daddy has had several run-ins with the law. His first arrest came in the early 1990s but did not serve any jail term. However, in 1993, he was arrested on three charges: carrying a concealed weapon, violating probation, and cocaine possession. Trick Daddy was sentenced to 15 months in prison.
In February and September 2003, Trick Daddy was arrested on gun and drug charges and received probation. In 2014, Trick Daddy had another run-in with law enforcement officers. Police officers raided his house on suspicion that he was running a grow house. On the raid, they found one gram of cocaine and a firearm. He was arrested and released a day later on a 6,100 dollars bond.
In early 2020, he was pulled over by Miami police, and they found that Trick Daddy was driving under the influence. He was arrested and later released on a $6,000 bond.
Wrap Up
Trick Daddy made most of his fortune through his music career but lost most of it through various legal issues. Additionally, he has filed for bankruptcy on several occasions, indicating that his financial journey has not been easy.
