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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
106.

matt    

Funny he's spending 55 mil on a plane when his net worth is only 23mil... who did he get the loan through the us goverment?

1146 days ago
107.

Gary    

America, the home of the vapid.

1146 days ago
108.

fifthy fly     

Stupid, Stupid, Stupid. Never buy when you can get the record companies to fly you for free. He`s not Jay-Z. This kid ain`t really that hot...You are in wayyyy over your head Boi...Now you have to keep working to oay for this thing. And with the price of gas going up everyday....Good luck to you young man .....

1146 days ago
109.

ATLFINEST    

one hit wonder? its a wonder he had something you call a "hit" ....... He will be broke and homeless within 5 years.

1146 days ago
110.

Don    

I just got one questions, where in the HELL does a one hit wonder get that kind of money from??? I mean I know that he made a couple of songs but I only remember one going big so were is the money coming from this young scrub?! He is dumb anyway, probably still living with his moma.

1146 days ago
111.

red    

this little guy has investments in EVERYTHING...and is a GHOST WRITER for tons of artist. He definitely is GETTING PAID. Truth is he's earned it honestly and you havent. If he keeps nothing...well, its not your business. So, oh well..

1146 days ago
112.

Shanky Dog    

Tell his Management Team to find a new job because he will be broke in 3 years!

1146 days ago
113.

Lelia    

Drug money goes a long way these days

1146 days ago
114.

David1    

Whats a damn shame when you think that this money would save/feed so many lives. At the end y=of your life doesn't anyone realize that all you have left is your legacy and this guy's legacy will be sh#t like this. Congrats Man, you're pathetic

1146 days ago
115.

mike hunt    

There was a guy named MC Hammer who thought more "hammer time" hits were going to last forever. He had a stupid dance that he thought was going to last forever also.. I'm convinced this is MC HAMMER Part 2. Ice T (not the drink) is probably cracking up somewhere right now. This Kid does not have 50 cent Money. Google Vitamin Water.

1146 days ago
116.

OooooNooo!    

In five years he will be broke or dead.

1146 days ago
117.

nelle261    

I know now why he wants his own jet... He can fly anywhere in this country and evade metal detectors and those pesky drug sniffing dogs....top execs and celebs don't always have to go through the hassles of us regular folks. You know you cant put a price on privacy. I hope there isn't a shootout on the jet in mid flight over a populated area. Btw, it is always possible he is making his money much more honestly than the oil companies execs mentioned above. Rappers may have a reputation for getting into gang wars, but oil companies start real wars...

1146 days ago
118.

Phoenix1    

Does he realize that there are other costs associated with owning a plane? Flight costs, insurance, storage, payroll, fuel, etc. Someone better put a leash on that little boy. Rap stars are a dime a dozen these days.

1146 days ago
119.

shoe    

A fool and his money are soon parted. After a couple trips across the country he will soon realize the 20,000 fuel bill and costs to staff and fly per flight is not what he expected. Someone needs to tell this boy about Net Jets fractional ownership!

1146 days ago
120.

Fantastic Four    

Lol. As if Soulja Boy had even $5M, let alone $55M.

1146 days ago
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