T-Pain Blows A $40 Million Bag
Updated: Aug 13, 2019
T Pain is the latest artist to be trending after everyone is talking about his most recent interview. Last week T-Pain made his appearance on The Breakfast Club to sit down with DJ Envy, Charlemagne Da God, and Angela Yee and talk about winning The Masked Singer, his rules for threesomes, and new music.
The auto-tune expert can be considered an icon in the music industry and has many talents but unfortunately managing money isn’t one of them. He revealed to the radio hosts that at one point in his career he had a total of $40 million in his bank account, but that didn't last long. Assuming that he’d be in control of his money, he went on a spending spree without keeping track of his finances and in the end it ended up biting him in the ass. Although the singer claims he's financially stable now, he is opening up about his money problems and at one point he had some major issues.
Throughout his musical career, he accomplished many things but they weren’t all positive. Pain took an L after blowing a $40 million bag with "a lot of bad investments” including failed real estate investments and lavish Bugatti purchases.
The 33-year old musician calls out his manager for making irrational spending decisions as well. T Pain goes on to say:
"I was letting my manager do it and he was way more optimistic than I was...He would just buy complete dumps and think that we can just paint and then we should be fine. Never sold anything that we bought."
He continues telling The Breakfast Club how he had to ask for money at the peak of his financial woes, even when it came to basic necessities. "I had to borrow money to get my kids Burger King," he said.
Considering being in that position at one point, he's taking it rather well. Following the financial set back, there was a period of time when the masked singer didn't have access to his bank account information. The recording artist quickly blew through a total of $40 million and had to make all of his money back.
Now a days, T-Pain is back on the right financial track. Watch the full interview below.