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Soulja Boy

DROPS $55 MILLION

ON PRIVATE JET

7/29/2011 5:45 AM PDT BY TMZ STAFF

Soulja Boy
Soulja Boy doesn't know the meaning of the word recession -- because TMZ has learned, the 21-year-old rapper is dropping $55 MILLION on a new private jet.

A member of Soulja's management team tells us ... the kid bought himself a G5 jet as a birthday present to himself this week.

The jet cost $35 mil ... but that's just the beginning. We're told the birthday boy is dropping an additional $20 million to pimp out his ride with all sorts of cool stuff ... like 12 custom Italian leather seats, flat screen TVs, 4 liquor bars, a special travertine tiled floor, and Brazilian hardwood cabinets.

We're told S.B. is also gutting the in-flight lavatory -- and replacing it with a giant, LUXURIOUS bathroom. Oh, he's also giving the jet a custom paint job ... to include his logo.

And if that's not enough for someone's 21st -- we're told Soulja's also spending $300,000 to throw himself a blowout birthday party at a Miami nightclub tonight ... and Dwight Howard, Bow Wow, and Sean Kingston are all expected to attend.

Kids these days.

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USArmy USArmy

He has every right to throw his money away but when he goes broke please don't bore us with tear jerking stories.

Mike Mike

Soulja Boy probably put 5% down, with no intention on making any more payments. The plane will be repossesed within 6 months.

fstblk fstblk

It's his money he can do as he pleases.If he looses it he has no one to blame but his self.



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USArmy USArmy

He has every right to throw his money away but when he goes broke please don't bore us with tear jerking stories.

Mike Mike

Soulja Boy probably put 5% down, with no intention on making any more payments. The plane will be repossesed within 6 months.

fstblk fstblk

It's his money he can do as he pleases.If he looses it he has no one to blame but his self.

Jimmdog Jimmdog

Talk about throwing your money away. Soulja Boy, meet MC Hammer..

jimbo jimbo

These guys never learn. He'll be bankrupt soon enough. I wonder if he has any idea of how quickly he is burning through his money? Now cue the brain dead supports that will say "it's his money he can do whatever he wants with it." Like that's even the point.

lmg lmg

He is going to go from yelling "da plane! da plane" to "da bus...da bus" if he is not careful.



420 COMMENTS

No Avatar
46.

Bippy    

The next thing we will read about is that IRS seizeing his ass-ets!! For taxes owed!!

1152 days ago
47.

SallyChi    

He'll be broke in 2 years....this is why we need to tax the rich.

1152 days ago
48.

SantaFeJack    

This guy is absolutely, guaranteed to be bankrupt before the ink is dry.

1152 days ago
49.

pancake    

i call bull$$ht like whn he whent siko racist on twitter an said he gt hack an i hope he is payin the MAN

1152 days ago
50.

Mon    

He was born in Chicago, lived in Atlanta as a young child and in Batesville, Mississippi as a teen

Atlanta:
The fastest growing group of homeless is children under 9 years o****e... the poorest city in the U.S. for children - more children in Atlanta live in poverty than in any other city.

Chicago:
Child Poverty in Chicago is over 30%.

The median income for a household in Batesville, Mississippi- $29,875

1152 days ago
51.

RJ Hunt    

I don't believe he bought the jet...the guy is only worth 23 million...You need to be making close to 100 million a year to own a jet like that...Check the facts TMZ...

1152 days ago
52.

JC9014    

He will be broke within 2 years and dead within 5. Same old story...over ...and over...an over...

1152 days ago
53.

Jackie    

That's very good. Blow all you bank account and then cry a river after. Oh! sooner you will be robing a bank and getting your butt pumped in jail. Keep up that brain.

1152 days ago
54.

who-Dey    

Did any of these stupid rappers not take a lesson from Hammer? Look forward to him not having any money and bankrupt in 5....4...

1152 days ago
55.

Renee    

WHEN WILL THEY LEARN? HOW THE HELL DID THIS CLOWN GET $55 MILLION, AND ARE HIS TAXES PAID? WTF??!!!! G5 @ 21, BROKE AS HELL OWING THE GOVERNMENT NO LATER THAN 25, JUS*****CH!

1152 days ago
56.

Bippy    

I wonder how much of a down payment he made and the amount of the monthly payments - plus hiring pilots - Ho's to serve the beverages from the 4 bars and the hanger for parking and airport access fees & etc. $55M would be just the beginning of money spent!! Probably 50Cent made him a loan or would be possibly a co-owner!!!

1152 days ago
57.

mildly insane    

He can always sleep in it until its reposed

1152 days ago
58.

lk    

I wonder where you go for the custom wheels for a G5 and if 27's will pimp it out enough?

1152 days ago
59.

freaksloan    

What bank gave him the financing? What a bunch of idiots. Maybe he thinks Obama will pay for it for him.

1152 days ago
60.

3Storms    

Let him spend it. It'll be that much sooner before his ass is broke and he's crying about not having the money to take care of himself.

1152 days ago
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