What could be worse than making money? Well rapper Yung Joc of Love & Hip Hop Atlanta sat down for an exclusive interview with VladTV recently where he explained how making the Forbes list, a feat most would consider an honor, was actually the worst thing that ever happened to him at the time.
Joc ranked #20 on Forbes Magazine’s ‘Richest Rappers’ list back in 2006 when he was at the height of his fame. He was signed back then to Sean Comb’s ‘Bad Boy’ Records and reported earned over $10 million dollars at that time.
Joc reveals how having his income published in Forbes Magazine brought out the worst in those around him. Friends sought to borrow money upon hearing of his wealth, and would either ask for more or attempt to make him feel guilty for not offering more when he lent them the cash.
The ‘It’s Going Down’ rapper also revealed that when the Forbes list dropped, even his family started to treat him differently.
You had people who may have come to me and asked to borrow $1,000. And where I was able to give them $1,000. After that sh*t came out n****s was hitting me like ‘Damn, my n****a, I asked you for a stack. You could have gave me 10,’
People was looking at it like ‘Damn, you been short-changing me all this time. Damn, my n****a, you asking for deals and sh*t. You asking for me to show you some love and give you the hookup. And you made 10 million?’ It made people really upset with me, dog. I never seen no sh*t like this in my life.
More details + watch the full interview below…
In the interview above, Joc explains how his life changed when he was making money. He made $10 million in one year, and says he earned the bulk of it by touring during the height of his fame, earning up to $50,000 a day off of shows alone.
When asked about his best investment, Joc says that would be ‘himself’. Joc admits that his worst investment was his attempt to take care of too many people who were not deserving of his support.
Mo money, mo problems!