Lil Wayne Birdman

Years of wild spending has apparently caught up with Cash Money Records owners Lil Wayne, left, Bryan "Birdman" Williams, right, and Ronald "Slim" Williams (not pictured).

According to a report on gossip tabloid TMZ's website, Cash Money Records' unpaid bills are stacking up and creditors are filing lawsuit after lawsuit against the brothers. It looks like the cash machine is running out of unlimited funds.

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Michael Jordan is Officially a Billionaire

NBA legend Michael Jordan is officially a member of the billionaire boys club. The 51-year-old former Chicago Bulls star just added hundreds of millions of dollars to his personal wealth by increasing his ownership in the Charlotte Hornets from 80% to 89.5%. Before expanding his portfolio Jordan had a net worth of $750 million.

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Paris and Prince Jackson

The late Michael Jackson's three children are already wealthy beyond their wildest dreams. But a recent cost of living adjustment has increased their yearly allowance from a modest $6 million to over $8 million annually. Family friends say the kids are taking full advantage of the boost in their allowance.

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ca5b3eb85bed11e3bcfd1285f1ed1790_8

Someone in Los Angeles is going around leaving hundreds, and sometimes thousands of dollars in tips for servers in local bars and restaurants. The servers, waiters and waitresses who are sometimes stiffed on their tips are very grateful for the kindhearted gestures of the anonymous tipster. The person, or persons, who left tips worth $200 to $10,000 for servers, created an Instagram page where servers can upload their receipts called Tipsforjesus. The motto on the @TipsforJesus Instagram page is: "Doing the Lord's work, one tip at a time."

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New Benjamins

In an effort to stay one step ahead of organized, well-financed counterfeiters, the Federal Reserve is issuing crisp new $100 bills on Tuesday.

The new $100 bill, which was announced on April 21, 2010, will be released despite the government shutdown (nothing but an act of God stops the U.S. from printing money).

The new C-notes feature updated anti-counterfeit measures including raised printing, microprinting, and color shifting images. Benjamin Franklin's image is off-center and there are numerous references to the Constitution printed on the bills.

An earlier release date was scrapped when a printing error sent 30 million notes to the incinerator.

The old $100 bills will be gradually removed from circulation by banks and the Federal Reserve.

Floyd Mayweather cash

Champion boxer Floyd Mayweather has everything money can buy. Too bad his money can't buy him common sense or self-esteem, because then he would truly be prosperous.

Mayweather's millions keeps him relatively comfortable -- and he makes sure to always have at least a million in cold cash on hand. As for the rest of his money, according to ESPN The Magazine, the narcissistic pugilist keeps $123 million in a single bank account.

By the way, the FDIC covers bank deposits up to $250,000. So if Floyd's bank ever goes under, the majority of his cash will go down with it.

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Rick Ross sued by jeweler

Last year the timepiece of choice for the hip hop set was Audemars Piguet (because rappers like Jay Z favor the brand). This year, the timepiece of choice seems to be the legendary Rolex. So much so that jewelers can't keep the pricey watches in stock.

Rapper Rick Ross has always had a taste for finer things since the days when he punched a clock as a corrections officer in Florida. But a jeweler is suing Ross for absconding with about $90,000 worth of Rolexes that he didn't pay for. Read on.

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Dr Dre Donates $70 Million to USC

That's not a typo. Rapper Dr. Dre donated $70 million to USC to train "and inspire a new generation of innovators." Music industry executive Jimmy Iovine also pitched in a couple hundred million.

Both men donated to a program entitled the "USC Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation." The purpose of the program "is to shape the future by nurturing the talents, passions, leadership and risk-taking of uniquely qualified students who challenge conventional views of art and industry," according to USC.

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Lauryn Hill pays her taxes to avoid prison

Troubled singer Lauryn Hill paid her overdue tax bill today, but that didn't save her from doing a time in the federal pen.

USA Today reports that Hill was sentenced to 3 months in prison for failing to pay $1 million in overdue taxes.

Prior to the hearing, Hill's attorney, Nathan Hochman, said in an email to TIME magazine Monday that Hill paid $970,000 to satisfy state and federal back taxes. Hill, but apparently that wasn't enough for the judge.

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Lauryn Hill leaves court

Somber signer Lauryn Hill was spotted leaving a Newark, New Jersey court Monday (April 22) after a judge postponed her sentencing and gave her two weeks to pay $504,000 she owes the IRS in back taxes. Hill, 37, fell behind in her taxes after claiming she took a 3-year hiatus from show biz to find herself. Prosecutors charged the Grammy winner with “willfully failing to file income tax returns with the IRS” for 3 years. According to Hill, she wasn't obligated to pay taxes for those 3 years since she wasn't working. But the judge disagreed, saying Hill earned a modest sum of 1.8 million dollars from 2005-2007. She faces up to 5 years in jail and an additional $100,000 in fines.
Photos: Kena Betancur/Getty Images

More from Sandrarose.com:

  • Lauryn Hill faces jail time for failing to file tax returns
  • Lauryn Hill is Knocked Up Again
  • Lauryn Hill writes Open Letter to Atlanta concertgoers
  • Is Lauryn Hill’s Daughter a Superstar in the Making?
  • Khloe Kardashian and Lamar Odom

    Socialite and reality TV star Khloe Kardashian and her NBA star husband Lamar Odom are accused of running a charity scam.

    According to an investigation by ESPN, eight charities connected with sports stars have allegedly misused the cash they rake in.

    Read more »

    Sharon Tirabassi penniless millionaire

    Sharon Tirabassi is a generous soul. So generous that she gave away half of her $10.5 million Lotto Super 7 winnings and blew through the rest.

    Today, the 35-year-old "penniless millionaire" rides the bus to work and struggles to make ends meet until her next paycheck.

    Nine years ago, Tirabassi, of Hamilton, Ontario Canada, cashed in her winning Powerball ticket and collected $10,569,000.10.

    At first Tirabassi and her then-boyfriend, Vinny, also 35, were ecstatic at their good fortune. They shared the wealth with family and close friends, lavishing their loved ones with gifts, cash, cars, and exotic trips. She gave her parents $1 million cash and divided another $1.75 million among her siblings.

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    cash in backpack

    Police were called to a suburban Detroit grade school to investigate a report of a student with $20,000 in a backpack, WDIV reports.

    The unidentified 12-year-old girl arrived at the school Monday morning and immediately began handing out crisp $100 bills to students in her classroom. The school's principal called the police when it was determined the student was walking around with $20,000 in cold hard cash in her backpack.

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    Erica Dixon

    DISCLAIMER:

    This section gives a voice to readers who feel they have been wronged by certain industry execs, celebrities or companies. Please note that you must provide evidence in the form of canceled checks, pictures, documents, texts, tweets, etc., or your Blast will be rejected.

    This Blast is not intended for the public to air their grievances with private citizens.

    The email author is solely responsible for the content of the email.

    As always, we give the parties on Blast the opportunity to rebut the complaint by emailing us at sandra @ sandrarose.com (remove the spaces).

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    Rolex Romeos In 2011, I wrote a post titled How to Snag a True Baller. The purpose of my post was to help women separate the fluff from the true ballers by educating herself on what ballers like.

    Groupies are a dime a dozen, but it takes a certain type of woman to marry up.

    Knowledge is what separates groupies from women who snag True Ballers

    The NY Post published an article about well-heeled New York men who set themselves apart from the rest by showcasing their refined tastes on their wrists.

    But not all successful men want to get married. Some want to play the field, so it pays to know the game.

    Newly divorced Manhattan surgeon Robert Huang flashes a $80,000 Rolex during his interview with the NY Post.

    “Women want to see a man as being successful and, along with upscale clothes and shoes, a good watch is an established symbol of success,” says Huang, who is seeking a “younger woman for companionship, not marriage.”

    “They want a man who can give them security and it highlights the fact you’re that type of guy.”

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    Chad Johnson

    Unemployed NFL player Chad "Ochocinco" Johnson is far from broke. The out of work reality TV star detailed his current financial situation in court documents filed as part of his ongoing child support case in Miami.

    Johnson has a spotty employment history. His professional problems stem from his inability to control his big mouth, rather than his skills on the field.

    Johnson, 34, was waived by the Cincinnati Bengals in 2011 -- after spending 10 years with the ball club. Then the Patriots showed him the door after acquiring him in July 2011. Earlier this year, the Miami Dolphins took a chance on Johnson after the Pats cut him loose.

    But the Dolphins quickly realized their mistake and gave him the boot one day after he was arrested for going off-script and head-butting his "wife" Evelyn Lozada.

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    Possible Powerball Winner

    A military vet may be the winner of one half of the $587 million Powerball jackpot. Two winning tickets were sold in Missouri and Arizona, according to Lottery officials. As of this morning, only one winner has come forward -- a husband and wife from Dearborn, MO. The other possible winner may have been captured on a convenience store camera at the moment he realized he won.

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    3 years ago, when former NFL player Bob Whitfield still owned his Atlanta recording studio, his ex-wife Sheree Whitfield had her hand out for more cash after she ran through the $900K lump sum he had already given her to support their 2 children Kairo and Kaleigh.

    At the time, Sheree was starring in 'Real Housewives of Atlanta' and she had a fake baller image to uphold.

    It's now 3 years later and Whitfield, who lives in California, is crying broke despite receiving a very generous retirement check from the NFL every month.

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    Musician and con artist Wyclef Jean thinks he isn't getting enough of the right kind of attention. So he tweeted this pic of his birthday present to himself, a brand new Ducati motorcycle. Jean recently turned 43, just a month after he shut down his Yele Haiti foundation -- after misappropriating $16 million in donations for victims of the 2010 Haiti earthquake. Of course we tried to warn donors that Jean is shady, but no one listened. The NY Times wrote an article detailing Jean's massive con scheme to line his own pockets. Diaoly Estimé, who runs an orphanage in Haiti, told reporters, “If I had depended on Yéle, these kids would all be dead by now.”

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    Black high stakes poker professional Phil Ivey hit the jackpot at a recent London poker tournament -- but the casino that hosted the tournament refuses to pay Ivey his money.

    Ivey, 36, who is far from broke, recently put his Las Vegas mansion on the market for $1.9 million after divorcing his wife. His neighbors were the late Michael Jackson and his disgraced doctor Conrad Murray.

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    Recording artists with modest to poor record sales now have a new revenue stream thanks to Internet radio service, Pandora.

    Pandora Media, Inc CEO Tim Westergren released a statement Tuesday acknowledging that it pays superstar rappers Lil Wayne and Drake over $3 million in royalties for streaming their music online.

    Drake's friend, Bad Boy artist French Montana (pictured above left with Drake), will receive a check for $138,567 from Pandora for his hit track "Pop That," featuring Lil Wayne, Drake and Rick Ross.

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    Bow Wow and his baby mama Joie Chavis were in court Monday fighting over child support payments for his 1-year-old daughter, Shai -- on the same day he was named the new host of BET 106 & Park.

    According to TMZ, Bow Wow allegedly withheld that pertinent financial information from the judge when he agreed to pay just $3,000 a month in support for Shai.

    TMZ reports that Bow Wow told the judge he earns only $4,000 a month as a rap artist on the payroll of Cash Money Records. Bow Wow also admitted he leases a Jeep and has only $1,500 in his checking account.

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    Last night about 100 deep pocket donors paid upwards of $40,000 per ticket to party side-by-side with President Barack Obama, singer Beyonce and her aging rapper husband Jay Z at his 40/40 sports club in New York City.

    Beyonce introduced President Obama to the well-heeled guests, saying: “I can’t tell you how proud we are to host tonight’s event with President Obama. We believe in his vision.”

    The president warmly thanked Bey and Jay, saying: "Thank you so much for your friendship.” It must be nice to have "friends" like Beyonce and Jay Z.

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    Rapper Jay Z is somewhere steaming over the fact that failing media honcho Oprah made the cover of Forbes' $126 Billion cover -- and he didn't.

    Winfrey, 58, shares the Forbes "$126 Billion" cover with Jay Z's good pal billionaire investor Warren Buffet, 82, and Microsoft founder Bill Gates, 56. Jay Z, who is not quite billionaire status -- shared the Forbes cover of the "400 Richest People in the World" with Buffet in 2010. Jigga, 43, has not been on the cover since.

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    It seems tickets for an upcoming Obama fundraiser with Beyonce and Jay Z in NY aren't selling quickly enough. So singer Beyonce sent out a personal email to well-heeled President Obama supporters begging them to plunk down $40,000 for a ticket to attend the fundraiser.

    "I usually don’t email you," writes Beyonce in each personalized email to Obama supporters. "but I have an amazing invitation I have to share."

    "Jay and I will be meeting up with President Obama for an evening in NYC sometime soon. And we want you to be there!," she adds.

    It isn't like the email recipients don't know that Obama will be holding a fundraiser in NYC with Beyonce and Jay Z -- they just don't want to pay $40,000 for a ticket to attend.

    Read the email Beyonce sent to Charlie Sperling, a writer for the Washington Examiner after the break.

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    This post was edited to correct the fact that Judge Bensonetta Tipton Lane did not respond to Tameka's Motion for Recusal. It was attorney John Mayoue who filed a response. Judge Lane legally cannot respond to the motion for recusal.

    Usher's attorney John Mayoue came out swinging in a legal response to Tameka Foster-Raymond's motion to recuse Judge Lane from presiding over the bitterly contested case of Raymond vs Raymond.

    In her Motion for recusal, Foster-Raymond accused the judge of showing bias toward Usher's attorney John Mayoue who contributed to her 2008 campaign for re-election.

    In a lengthy response obtained by HipHopEnquirer.com, Mayoue called Tameka's petition "an assault on the integrity of the court." Mayoue called Foster-Raymond's Motion for recusal "baseless, unwarranted and untimely."

    He argued that "Lawyers and law firms routinely contribute to the election and re-election campaigns of both trial and appellate judges."

    Mayoue pointed out that Tameka's own co-counsel was hired by a law firm that also contributed to the judge's re-election coffers.

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    Tameka Foster-Raymond won a small victory in court on Monday. Judge Bensonetta Tipton Lane found singer Usher Raymond, 33, in "willful contempt" of court for violating provisions of a 2009 settlement agreement concerning his two sons with ex-wife, Foster-Raymond.

    According to court documents obtained by Hip Hop Enquirer blog, Judge Tipton Lane found that Mr. Raymond traveled with their two boys outside of Georgia without Foster-Raymond's permission, and that he refused to inform her of the children's whereabouts.

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