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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
121.

Diego    

No matter how much money these people get, they will still never have any class. Enjoy it while it lasts.

1120 days ago
122.

Warren    

Does he know the MC Hummer story?

1120 days ago
123.

jsaxon    

Typical dumb ass rapper... Should invest his money instead of blowing it on a plane... Now he is gonna be a broke ass just like hammer... Typical of these rap retards that make some quick cash then blow it and then the are irrelevant all of a sudden and OMG no dough for their 52 kids and 39 baby mommas !!! They deserve it every time... Have fun with your plane dumbass...

1120 days ago
124.

jhoost    

i dont believe any of that

1120 days ago
125.

Jackie    

THE Michael Jackson probably didn't have sh*t like that...who in the hell does SB think he is?..LMAO

1120 days ago
126.

Sarcia    

LOL well can't take it with you when your dead and gone, why not spend it crazy!?! That boy is stupid, no doubt he'll be broke in months and wish he still had all that money. Well party hardy Soulja Boy... :D

1120 days ago
127.

Fools    

One year lease is $500k to 2Mil, privilege to redesign the plane 2-3 million, 1 million dollar deposit on a 35 million dollar insurance package. About 41 MIllion in "possible cost".

He didn't "buy" the plane the leased/rented with a insurance policy.

This is disgusting on two fronts

1) He is a black kid from a poor neighborhood, this could have built 10 schools and paid salaries for the first 10 years of the faculty and staff with this money.

2) 9-10 million young kids watched him do this and think "Ima get that too"

1120 days ago
128.

greg    

ignorant people im guessing forbes told you all how much he made from his short rap career.

1120 days ago
129.

Carrie    

Wow, how a bought these rap idiots take some of that money and feed, cloth, and immunize half of Africa with that money. Nah... that would be honorable. They want diamonds mined by blood, clothes made by minors, and jets made by low wage un insured workers. IMPRESSIVE

1120 days ago
130.

hotbitch    

Soulja Boy doesn't HAVE $55 million, period. GTFOH.......

1120 days ago
131.

kerrplunk    

Who is this thug?

1120 days ago
132.

Alex    

What most you people do not understand, and are much more dumber then you think Soulja Boy is, is that most people who own private jets rent them out when they are not using them. Owning one private jet can bring you in 100K+ a day. He is probably putting down TOPS $5mil, and financing the rest, and in turn he will probably make money back and get to fly it for free. If you wanted to rent a small and old private jet from Los Angeles to Las Vegas, it is almost 20K one way for a 250 mile trip.

1120 days ago
133.

Nancy C    

This is what money does to young people - makes them complete idiots! There's no reason why this CHILD needs a private jet. He's just showing off and the fact that his management LET him do that...well, let me just put it this way - MC HAMMER. Nuff said!

1120 days ago
134.

tony gee    

Forbes Magazine wanted to know who is stuffing him extra dough and his behind?

They could only come up to 6M in his income for last year. So, who is the top of this bottom boy?

1120 days ago
135.

--m    

2 words: MC HAMMER

1120 days ago
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