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Arts and Entertainment Rappers appear on TV shining like crazy and bragging about how much money they have. But most of this is a really ugly lie and one that makes black people look as ignorant as any minstrel show in the history of our country. However, here's some truth about how your favorite rapper is probably going broke right now. Click HERE to find out!

Ludacris was in a custody battle with the mother of his child and revealed in court filings that he earned only $55,000 over the previous year. That's hardly the paycheck of a baller. Yes, that was $55,000 and yes, that was 2013. Next Bow Wow

Lil Bow Wow was in court after his Bentley was repossessed. He revealed that he had only $1,500 in his bank account. He now has a job on BET's 106 & Park, but this is probably not enough money to get him out of debt. According to Celebrity Net Worth, Bow Wow owes $90,000 to the IRS and another $280,000 to a luxury car leasing company. So, while his debt of financial distress remains unclear, it's very clear that he's living on the edge financially. Next Xzibit

Xzibit - former host of the MTV show, "Pimp My Ride," filed bankruptcy after owing over $1 million dollars to the IRS. He hasn't had a hit record since Bobby and Whitney were in love with each other. He has filed bankruptcy twice since 2009 Next Method Man

Fat Joe - went to prison after pleading guilty to tax evasion after owing over a million dollars to the IRS. Next Rapper Lil Flip

Method Man was arrested for failing to pay taxes back in 2011. He resolved the matter, but remains in debt. He also keeps trying to make a comeback, but it's just not working out. Next Fat Joe

Lil Flip went to court and told the judge that he can't pay more than $500 per month in child support. According to most estimates, this means that he isn't earning more than about $3,000 per month. He'd be better off collecting trash for a living. Next Ja Rule

 Ja Rule went to prison for two years for tax evasion after owing millions to the IRS. He gets out soon, and will spend the rest of his life paying off the debt. Next, Beanie Sigel

Beanie Sigel - He used to rap next to Jay-Z, but he too went to prison for tax evasion. Next, Young Buck

Young Buck from G-Unit went bankrupt and lost his home, forcing him to sell his jewelry and everything else. If you listen to any of Buck's songs, you'll hear that he usually rapped about how much money he had and even made fun of other rappers who've gone broke.

The person who leaked the 2014 Met Gala after-party elevator surveillance video, apparently showing Solange physically attacking her brother- in-law Jay Z , has been identified and fired. TMZ posted the audio-less, 3 minutes-long footage Monday (May 12), just a week after the incident occured, and now, according to the Associated Press, The Standard Hotel has already delivered on the promise to investigate “with the utmost urgency.” The hotel cites “breaching the security policies of the hotel and recording the confidential CCTV video” as the reasoning for firing the individual, whose name has not been revealed to the press. The action from the Standard is the only official response to this situation so far. Neither Solange, Jay, nor Beyoncé, who was also in the elevator, have made any comment other than a “Good morning” caption on a photo of Bey and her sister posted to Beyoncé’s Instagram account Wednesday.

Selena Gomez is in charge! The 21-year-old singer took to Instagram on Tuesday and posted a beautiful pic of herself smiling while wearing a yellow bikini at the beach. "Taking my power back," she captioned the photo. "Can't wait to show you where I've been. I love y'all. Ps, I still obsess over pickles." Great to hear, of course, as it's certainly been quite the year so far for the " Come & Get It " singer. Back in January, the former Disney Channel star secretly completed a two-week stint in rehab, just one month after canceling the Australian leg of her Stars Dance tour. Meanwhile, in April, Gomez continued to fuel rumors that she and Justin Bieber had rekindled their romance when they were spotted together at the Coachella music festival. Prior to that, the twosome spent a whirlwind weekend together in early March in Gomez's home state of Texas. The two also recorded a very sexy dance video to the tune of John Legend's...