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Soulja Boy’s $55 million birthday gift … to himself

AJC file photo

AJC file photo

Rapper Soulja Boy cranked it but good for his 21st birthday this week. He celebrated by springing for a Gulfstream G5 jet, People reports.

The new ride is tricked out with upgrades including “custom Italian leather seats, flat screen TVs, four liquor bars, a customized travertine-tiled floor, a revamped bathroom and Brazilian hardwood cabinets,” People reports, citing a TMZ post.

Total price tag of Air Soulja: $55 million. (Forbes estimated his 2010 earnings at $6 million. Hmm.)

The young artist is throwing himself a birthday bash in Miami tonight, and his guest list includes Sean Kingston, Bow Wow and Dwight Howard.

You’re invited, too! Well, sort of.

If you’d like to join in the Pretty Boy Swag online, you’re welcome to stream the party video from Soulja’s website.

Sorry but watching the party on your computer involves a fee. Can you blame Soulja? He’s got a new plane to pay for, you know.

- Jennifer Brett/The Buzz/jbrett@ajc.com

140 comments Add your comment

Tug Helmer

July 29th, 2011
3:35 pm

Because three liquor bars on a plane is not enough….. lol

mike

July 29th, 2011
3:35 pm

Doesn’t add up unless he hit the Powerball a few weeks ago. No hit singles in past 3 or 4 years, horrible album sales. Possibly could be touring oversees to make some $, but not that kind of money. If he has some great investments and he tripled his money, then good for him (but I’m not buying it).

rob

July 29th, 2011
3:40 pm

Can we watch him crank it?

InATL

July 29th, 2011
4:13 pm

Nat Turner

July 29th, 2011
4:13 pm

Hey Soulja Boy. Watch the Vh1 Behind the Music of Mc Hammer, and take notes.

Captain Midnight

July 29th, 2011
4:14 pm

55 million dollar plane? I’m calling B.S. on this one.

Go Dawgs!

July 29th, 2011
4:15 pm

Can’t wait to have him take my drink order at the club when he turns 31. A $55 million jet? When you’re a virtual lock to be a flash in the pan? I love the guy’s music, but come on, Soula Boy. Open a savings account. You made enough last year to retire on if you were smart. Give MC Hammer a call and ask him about life in the fast lane.

oldmike

July 29th, 2011
4:17 pm

Huh? And what is his collateral on this plane? And why does he need it? WTF!!!

a$$play

July 29th, 2011
4:18 pm

See McHammer…

Michael Jackson had to DIE to make $55 Million in sales in this new era.

I call B$ on this one too. We’ll see that on Operation Repo next season.

Talented 10th

July 29th, 2011
4:19 pm

It’s a rental/lease…doubt very seriously if he OWNS this jet. Good move for publicity, though…

Talented 10th

July 29th, 2011
4:20 pm

Or it’s owner-financed…LOL!

quit hate'n

July 29th, 2011
4:20 pm

ya’ll just gelus.

blkshepherd

July 29th, 2011
4:22 pm

Ok he grossed 6 million last year and spends 55mil on a plane..hmm..the last time I inflated my deductions on my tax form meaning Spent more than I earned. guess what? I got audited. IRS wanted to know how did I earn one amount..and Spend TWICE that much..hmm just give him a minute and you will hear IRS coming at him claiming he didnt pay taxes for 2009-10. Just ask Westly Snipes. First who gives a Rats azz about how much money he plucked down on a plane. Second. How could he spend more then hes Made? Whatever. Stayed tuned folks..just a matter of time before IRS be after another so called celebrity..Living Large. Waist of space

security dawg

July 29th, 2011
4:22 pm

DARE I SAY IT…..”A FOOL AND HIS MONEY ARE SOON PARTED”…..sad sad sad////// Hope we don’t see you on TV1 (Unsung)saying I wish I hadn’t ..

Jeedeh

July 29th, 2011
4:24 pm

A FOOL and his MONEY are soon parted. Stay tuned…

DW

July 29th, 2011
4:24 pm

What an idiot if this is true. I had already forgotten who he was until I saw this article. Maybe this IS a good publicity stunt?

Superman that **

quit hate'n

July 29th, 2011
4:28 pm

ya’ll people know who you r.

Saul Good

July 29th, 2011
4:28 pm

Stupid is as….well this guy is STUPID! Perhaps he never read the life story of MC Hammer… Or Evander Holyfield… or anyone else who got their hands and some $ and simply pissed it away on frivilous BS. What they NEVER learned in school was: You need to EARN more compared to what you Purchase…because even credit has to be paid back. And anyone who at this point extends him credit? Well they deserve no not get paid back…because they’re even bigger idiots then he is!

Ted

July 29th, 2011
4:30 pm

Another young buck, no pun intended ,who will be crying “I’m broke” in a few years and waiting tables. Frankly, I find it hard to believe that he has this much money to blow.

If ANYTHING, SB, buy yourself some PROPERTY that will appreciate instead of an airplane that is NOT worth 55 mil.

I hope the young brotha took into account how much it will cost to even keep this thing in the air, insurance, maintenance, crew, etc.

superman that

July 29th, 2011
4:32 pm

obviously he did not listen to Obamas corporate jet speech. this country is going downhill real fast

mickeymonopoly

July 29th, 2011
4:32 pm

Now there’s a capitalist rock star with a social conscience soon to be rattling a paper cup on a corner near you.

GT Joe

July 29th, 2011
4:32 pm

Sounds like Barack Obama, spending more than he’s taking in…

Quit Hatin?

July 29th, 2011
4:34 pm

I don’t think anyone is “Hate’n” on this, they are making some valid points.

SJ

July 29th, 2011
4:34 pm

2 months until it is repo-ed. Tops.

Gman

July 29th, 2011
4:36 pm

GT Joe, I’ll have fires with that order. Thank you!

Billy

July 29th, 2011
4:38 pm

Some people have more money than brains.

Big Homie

July 29th, 2011
4:38 pm

Another fine example of the results of an APS Education!
Next year he’ll be blaming the white man for him being broke!

Doug

July 29th, 2011
4:40 pm

He can owner finance it.

Miami Mike

July 29th, 2011
4:41 pm

This doesn’t even begin to make sense. He’d need 20 to 30% down to buy this, and he doesn’t even have that. I’m thinking it is a publicity stunt, there’s no airplane at all. I see no business plan (which is how these airplanes are usually bought), I see no leaseback offers or charter offers on a blinged-out ostentatious toy like this – nobody who can afford this would rent or charter this airplane “Oh, that’s SB’s jet!”, sorry, no thanks, this kind of serious money buys anonymity. His cost of operation is going to more per year than he makes. Bank financing – you must be kidding. Seller financing equally unlikely. Bought from savings/investments – no way he’s made 55mm in 3 or 4 years. I think we’ve been had, its simply not true.

atljarv

July 29th, 2011
4:42 pm

Youth is wasted on the young. We all live and learn, it’s unfortunate that he apparently has no one in his corner that is either wise enough or cares enough to tell him thats a bad decision.

Rickster

July 29th, 2011
4:43 pm

By the end of the year… people will be wondering “how do you repo a jet?”

Terry

July 29th, 2011
4:46 pm

If he was able to pull this off he needs to be in Washington. They are really good at spending money that they don’t have too.

I doubt this is a true story. My advice Soulja Boy is to call NetJet or Marquis Jet. Don’t get stuck w/ an anvil like a plane payment.

CS

July 29th, 2011
4:49 pm

What a dip sh*t. Our kids idolize these idiots.

For Bill Gates $55 million is pocket money, but he doesn’t flaunt it.
These flash in the pan entertainers make a few million $$ and try to live like Rockefeller. What is wrong with society?

The SITUATION

July 29th, 2011
4:50 pm

Are there any details on the Rims? Did he buy insurance? His mother and father must be so proud. What a wonderful role model. I have some ocean front realty in Arizona he might be interested in.

What a waste!

Raul

July 29th, 2011
4:53 pm

Is he related to M.C. Hammer?

Tim James

July 29th, 2011
4:53 pm

doesn’t he have an investment manager? Surely someone would have told him this is a bad investmen

Miami Mike

July 29th, 2011
4:55 pm

Repo a jet – not difficult. You need a type rated pilot and a court order, most of these things only have a key on the door and there are not many different keys. There’s NO ignition key, just a master switch (big red toggle switch) – if you know what you are doing and can get access to the airplane, you can just fly it away. The court order stops anyone from interfering with you. This isn’t a $100 rent to buy car where they just call a tow truck, any lender with the resources to lend on an asset of this value is going to have TEAMS of lawyers, SWARMS of lawyers to protect their interest. SB is about to meet the real world, and he won’t like it . . .

Really Now??

July 29th, 2011
4:56 pm

Really? I sincerely hope that no one believes this story. I sit in my office and I laugh because there is no way, Gulf stream would even entertain selling this guy a plane that cost that much, first of all. Secondly, There is not way that Guld Stream would even entertain selling this guy a plane that cost that much. Its a lease, or a good publicity stunt.

vlc

July 29th, 2011
4:57 pm

IDIOT!!! MC Hammer must be his hero!!

MC Hammer

July 29th, 2011
4:58 pm

MC Hammer II

John

July 29th, 2011
4:59 pm

And I thought he would have bought diamond rims….surprise!

John

July 29th, 2011
5:03 pm

I’ve got a good friend in the FAA. Since the plane is so tricked out it didn’t pass certain inspections. All it’s good for now is doughnuts on the tarmac.

atljarv

July 29th, 2011
5:04 pm

Ignorance is colorblind. Why do so many people focus on the color of this misguided young man. :-(

Enjoy Life

July 29th, 2011
5:09 pm

You only live once, enjoy life Soulja boy…money today, gone tomorrow so spend and enjoy!

Dave

July 29th, 2011
5:14 pm

OK, I made $60,000 last year … ya’ think I could buy a house that cost $550,000 and get someone … anyone to finance it? Just asking …

Shaquia

July 29th, 2011
5:17 pm

ummm i think he may hve borrwed dat plane frm a rel ballur cuz aint no wayz he got ne munny like dat haha he dont even sold ne rel music

rob m

July 29th, 2011
5:18 pm

His net worth is less than $25M…. Its a publicity stunt and nothing more. There are only a handful of people in the Rap industry that could afford something like this, soulja boy certainly isnt one of them.

Shell

July 29th, 2011
5:18 pm

Who are we to say how “big” anyone’s blessing should be or even “what” that blessing should be? Would you want someone to tell you how big God should bless you?…only “God” blesses or makes it possible to be blessed…

D

July 29th, 2011
5:19 pm

The epitome of “Swag”, the arrogance and ignorance of youth! On the other hand, he was a self made millionaire (not billionaire) by 17, with the use of music (if we older people choose to call it that), technology and the independent spirit. So obviously some of the youth do know something. He should hire Thomas Stanley as a financial consultant.

Hmmm! He’s an Atlanta based artist, so if it’s true the plane will probably be housed at Charlie Brown Field. I’m going to wait a few weeks and then go see for myself. I wonder if it’ll be parked in the hanger next to the two G whatevers that Creflo Dollar has or the one G whatever that Eddie Long has.

To quote my friend at Charlie Brown Airport, “There is money in entertainment and Jesus!”

Mark

July 29th, 2011
5:20 pm

Stupidity just got a new poster boy!!!