This Just in, producer Scott Storch's Miami home has been listed on Craigslist in a forced bank sale. His 22,205 square foot mansion recently appraised at $16 million is now listed at $9 million in an attempt for the bank to recoup at least some of it's money. However this is not the Hip Hop producers first encounter with money woes. Earlier this month it was reported that the former mogul's $20 million dollar yacht was sold on eBay for a mere $600,0000.
Hip Hop, let this be a lesson to you. In these uncertain financial times, it seems inevitable that the Hip Hop community will be forced to reevaluate its prior fiscal irresponsibility. Gone are the days of Bentley, Bitches, and Bling that have previously inundated our lyrics and video's, for Hip Hop's love of the "Finer Things" in life may ultimately lead to its downfall. For Instance, Bill Gates is currently one of the richest men on the planet, and you know how many Rolls Royce Phantoms or Bugatti Veyrons he owns.....None. He is smart enough to invest his money in things that appreciate rather than depreciate in value. A lesson a lot of our Urban stars have yet to learn. So this is for you, the Floyd "Money" Mayweathers of the world, Stop Making it RAIN in the club and use your money more responsibly. Like maybe starting a scholarship fund to help put someones child through college...yes?...no?...maybe?... OK, just think about it.
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