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It costs Jay-Z roughly $250k to spend 55 hours on a private jet -- and that's with a celebrity discount -- but according to a new lawsuit, the rapper never paid the entire cost to fly like a boss. 
Jay-Z -- aka Shawn Carter -- is being sued by Air Platinum Holding, a private jet company which claims Jigga spent 55 hours on their planes back in 2009 ... but only paid for 37 hours of service.
The suit also claims Jay-Z flaked out on some other payments as well -- here's how it all breaks down:
-- 18 hours of flight time at $4,500-per-hour (discounted from $6,000-per-hour) ... $81,000
-- Catering for 17 domestic flights ($500-per-flight) .... $8,500
-- Catering for 4 international flights ($750-per-flight) ... $3,000
-- International fees ... $8,500
-- Taxes ... $12,285
-- Luxury trip to England ... $24,200
It all adds up to $137,485.00 ... which is why most people just fly coach.
Calls to Jay-Z's reps have not been returned.
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This guy's gonna end up broker than MC Hammer
hey #1 <--jay -z can spend 137,485 every day of his life for 10 years and still be crazy rich lol .. i really dont think hes going to go broke..
Are you kidding me?!?!? DUDE...pay your bills...$137K for 37 hrs, that's a pretty good deal considering NetJets gets the same amount for 25 hrs...
Just goes to show, money does not buy class. Why do these rich peeps not pay their bills, it puts hardship on those that they owe money to. How would they like someone to do that to them or to someone they love? The economy is tough enough right now so Jay Z needs to get off his deadbeat butt and pay his bills for crying out loud, he has the money.
Hey Jay-Z, why don't you show everyone up and buy your own plane! You know you can. Have a great day Jay-Z!!!!!!!!!!!
Mickael Cohen is a 36-year-old self-professed millionaire from France who wears linen suits and looks like a Lothario version of Jon Lovitz. In July, he showed off a Gulfstream jet, a Rolls Royce, a Lamborghini, an Aston Martin, an 80-foot yacht, and a Sunny Isles condo that, he said, clients of his company, Air Platinum Club (APC), could have at their disposal.
The only condition: They'd have to purchase 100 hours of flight time at the low, low price of $780,000.
Four months later, and just two years after Air Platinum LLC was founded, Cohen is under siege from creditors, partners, and former employees. They say he has jilted them out of hundreds of thousands of dollars.
In September 2008, Swiss charter company Travcon filed suit against APC in Miami-Dade civil court, claiming Cohen's company had stiffed it out of more than half of an $83,000 bill for a Paris-to-New York flight. The Swiss won in court, and APC's bank accounts were garnished to reimburse some of the $51,791 owed. Then, this past January, the company was evicted from a business plaza in North Miami Beach, records show.
On August 17, Cohen announced APC had acquired a shiny new $500,000 Lamborghini Murcielago. Exactly two days later, he was sued by Miami dealership Prestige Motorcar Imports for repossession of said 670-horsepower small-penis compensator. Prestige claimed Cohen had signed two rubber checks and owed a whopping $1.6 million in damages. "Before the litigation, Cohen told us he would return the vehicle and solve the problem," says Prestige attorney Kenneth L. Paretti. "He didn't."
Tossing more **** onto the sundae is Dennis Jans, president of Chicago-based Questar Jets. He claims APC owes his company $96,000, much of it from a flight Cohen chartered in August to take rapper Jay-Z from Nassau, Bahamas, to New York. "He doesn't pay his bills, his employees; he makes his own rules," says Ben Barbarot, formerly APC's director of marketing. He alleges Cohen owes him $15,000 in back wages.
Cohen sounds baffled during a phone call with Riptide, after first turning us away at the ultra-posh Acqualina Resort & Spa in Sunny Isles Beach, where he owns a million-dollar apartment. He fired marketer Barbarot — to whom he admits to owing "at most $500" — for stealing company equipment, he explains in a pâté-thick French accent. Cohen stopped payment on the checks for the Lamborghini because it had a "defect." Both Travcon and Questar owe him hundreds of thousands of dollars.
He does admit there are debts involving Jay-Z flights — which the Jiggaman himself has incurred. "I won't fly Jay-Z ever again," he declares. "He owes me $200,000."
Quote:
"He does admit there are debts involving Jay-Z flights — which the Jiggaman himself has incurred. "I won't fly Jay-Z ever again," he declares. "He owes me $200,000.""
No honor among thieves.
Agreed, there is a definite M.C. Hammer-esque arc to Jay-Z's career. I give him 5 years to spend it all. Check TMZ in June of 2015 and look for "Jay-Z is broke!" articles interspersed with MJ and Dr. Murray updates. :>
Jay-Z, go back to ripping off Alicia Keys and pay your bills or you'll be right back on Marcy Avenue for the filming of Behind the Music!
JayZ is worth $60...0 million. he is married to Beyonce who is worth to close to that herself.i as a couple they are worth around 1 billion dollars. They will not go broke EVER!! that is all..
I'm sure there's more to this story, it's not like he can't afford it.
What pisses me off is people like this. Do you know how many people there are out here that would love to be able to just pay their electric bill to keep it from getting turned off? Do these people understand what a blessing it is to be able to go to the store and buy food for your kids to put on the table?
Me like so many others struggle day in and day out just to feed out kids and hopefully pay our bills (some cant so they sit in the dark and eat oatmeal every day)and to see people like this do things like this really strikes a nerve in me.
Grow up and take responsibility for your habits and spending habits. I know your momma didnt raise all of you to be this way!!
I would give my right arm just to be able to pay my bills right now, living on a salary of 25000.00 a yr and raising 6-kids is not easy, but I do the best I can and to read this so pisses me off !!
Grow up JAY-Z and pay your bills!!
