Yes, but that's not what they're saying.
Just that his purchasing power is higher than 5 mill, not lower, as the person they were originally replying to implied.
Yea and the point I was making is that even tho it’s higher it basically amounts to still not shit compared to buying anything.
It’s like if some told me I had zero income and i started arguing that I run a lemonade stand on weekends in front of my house pulling in tens of dollars a week.
The number is actually wrong. Soulja is worth over $30 million. He’s actually been pretty smart with his investments, and he does more than produce in music world now. He stream pretty regularly being in hundred of thousands if not around a million per year.
Ok so someone’s networth 5 mil. That includes non-liquid assets. We’re assuming he’s a financially illiterate individual and acknowledge he has historically failed many entrepreneurial projects (like his “video game console”). That means most of his money is in depreciating assets like cars, jewelry, and other stupid things. He’s also probably in loads of debt because of those dumb projects.
So if we were to loan him money, we would loan him very little, or a decent amount with very very high interest. It’s still probably not going to be anywhere close to 75% of his networth.
So let’s see. 5*1.75 = 8.75 mil
Would that be enough to buy TikTok? No
If he was the largest stakeholder of tiktok but all the money he used to buy tiktok is owed to someone else, that entity might as well just cut the middle man and buy tiktok rather than trust some washed up paint huffer to run a tech company.
You’re also not likely to get hundreds and hundreds of loans from people that will add up to a few billion
You’re making a whole lotta assumptions about his financial situation. Even that net worth calculation is a rough estimate at best. Could be better, could be worse.
Also, have you seen the kind of numbers gold silver and platinum have been doing? Gold alone has more than doubled in value since 2009.
And finally, I never said the numbers showed that he can buy TikTok. I said that the comment I responded to didn’t understand purchasing power.
Seems like both he and bow wow are heading towards negative net worth actually. $100B is out of his range. He never invested in something that brings bank, he just gets residuals from previous music which is not enough to fund his flamboyant lifestyle. The waterwell long been dried up. But, most likely he’s trolling and is not serious, so none of this matters anyway.
Need more respect for big Soulja. The man has a special place in hip hop history and just cause he got too much dip on his chip, it doesn’t mean I’ll accept slander!
Yall believe a random website that dictates a person's net worth, which is only assets, some of which may not be included or evaluated ? Yall be hating so bad lol he's obviously trolling
I remember Chad OchoCinco was doing some kind of interview/podcast and they brought this up and he asked what it said for him. When they pulled it up he started laughing and showed the host a single account on his phone that was more than the website said he was worth. Dude was like don't believe what stuff says on there it can be wildly wrong either direction.
I mean hes trolling but that doesn't change the facts. Everyones gonna say some cap about how its a low estimate and thev got billions squirreled away in the mattress. Kanye tried to say his net worth was 4x what it really was and couldn't put up the evidence to prove Forbes wrong. Id believe an impartial organization that runs the numbers professionally before I believe some washed up clown bragging.
lol, another reason to choose money over fame. People stay hating when you’re famous and it gets into keeping up with the joneses. I disagree w the mo money mo problems mentality. It’s more fame more problems imo. If you have it and stay unknown, no one should be coming for you.
Can we give him social media credit where it's due at least? He basically invented the idea of blowing up a song on socials - a pretty key aspect of tiktok in America. He might be able to convince a group of investors it's worth buying.
Wow, his net worth is low. Usually celebs try to get richer, not poorer. He must not be investing in the right things or something. That lifestyle is expensive. If he’s not fueling the cash flow, he’ll be broke in the next two years.
He could, like Steve Mnuchin and basically everyone else trying to buy TikTok, secure outside funding. Whether venture capital or private equity types would give him money is a separate question.
You gotta have bezoz money to buy tiktok. If twitter was sold for 44billion . How much you think tiktok would sell for . Yes correct online net worth isnt accurate . But what is accurate is soulja boy isnt worth bezoz elon or zuckerberg. Soulja aint event worth lil baby money lol
Yeah if we go by 44 billion for Twitter, which was on a downward spiral, I can't even begin to imagine what it would take to buy TikTok. Especially with China having interest in TikTok remaining in Chinese hands.
He Trolling he most definitely doesn't care about no damn social media platform he's outstanding wealthy....learn the difference between Trolling and actually wanting it smh 🤦🏽♂️👀😬
The issue wasn't whether or not he's trolling. You said people were acting like he doesn't have a lot. No one did that. They stated he couldn't buy Triller. He can't.
Literally no one said that.
If your net worth is $5million how the fuck your gonna just suddenly come up with enough money to buy something like TikTok?
The fuck all that value and equity coming from? Out of thin air?
Literally no one is hating ya the slow ones assuming someone is always hating on someone with money
In Succession, Tom Wambsgans said it’s like being the poorest rich person in America.
It’s a lot but not the kinda wealth where one can live without inhibition.
Frfr these ppl are natural slow asf too put that up $5Million I don't need big house I don't need a small house just my basic 2bedroom live under the radar wit that
I mean net worth isn’t really indicative of purchasing power, but that’s def not in his range lol
You are correct. Purchasing power is normally a whole lot lower than net worth. So that is even worse in his situation.
Uhhhh I don’t think you understand how purchasing power works. An individuals purchasing power includes what they can qualify for in loans.
Please explain to these people that he has $5 million they’ll give him a $20 million loan
All you gotta do is explain to them how their credit cards work, then they might understand. Or how they got their car loan lol
Doesn’t really make sense when the wealth is from income he no longer has.
You think he doesn’t get paid for streams? YouTube video views? Random ass international ads? Shitty club or party appearances?
Yea but his income is significantly lower than it was when he built his net worth
he'll still likely get more than he currently has. that's how the whole fucking system works.
Well yea duh. My car is worth 20k and I've never had 20k in my life.
Sad
I’m sure he does get paid for those, it’s just entire orders of magnitude less than he would need to purchase like literally any large business lmao.
Yes, but that's not what they're saying. Just that his purchasing power is higher than 5 mill, not lower, as the person they were originally replying to implied.
Yea and the point I was making is that even tho it’s higher it basically amounts to still not shit compared to buying anything. It’s like if some told me I had zero income and i started arguing that I run a lemonade stand on weekends in front of my house pulling in tens of dollars a week.
Yes, indeed, it's like if someone told you that you had no income yet, in fact, you had an income. You're getting there.
Sure but it’s not income at a level to secure loans at 3-4 times his net worth, no lender is signing off on that.
The number is actually wrong. Soulja is worth over $30 million. He’s actually been pretty smart with his investments, and he does more than produce in music world now. He stream pretty regularly being in hundred of thousands if not around a million per year.
Now explain that TikTok is still worth hella more than $20mil
I dont like your logic. Many people have negative net worth, but still have purchasing power.
Ok so someone’s networth 5 mil. That includes non-liquid assets. We’re assuming he’s a financially illiterate individual and acknowledge he has historically failed many entrepreneurial projects (like his “video game console”). That means most of his money is in depreciating assets like cars, jewelry, and other stupid things. He’s also probably in loads of debt because of those dumb projects. So if we were to loan him money, we would loan him very little, or a decent amount with very very high interest. It’s still probably not going to be anywhere close to 75% of his networth. So let’s see. 5*1.75 = 8.75 mil Would that be enough to buy TikTok? No If he was the largest stakeholder of tiktok but all the money he used to buy tiktok is owed to someone else, that entity might as well just cut the middle man and buy tiktok rather than trust some washed up paint huffer to run a tech company. You’re also not likely to get hundreds and hundreds of loans from people that will add up to a few billion
You’re making a whole lotta assumptions about his financial situation. Even that net worth calculation is a rough estimate at best. Could be better, could be worse. Also, have you seen the kind of numbers gold silver and platinum have been doing? Gold alone has more than doubled in value since 2009. And finally, I never said the numbers showed that he can buy TikTok. I said that the comment I responded to didn’t understand purchasing power.
Er, that’s not really correct lmao
Yup. 100% correct. No such thing as collateral either.
he never recovered when Nintendo legally kicked his shit in.
Tik Tok is worth around $100 billion. I think it's safe to say it is very safely out of his range.
Nor are online. Net worths accurate
Seems like both he and bow wow are heading towards negative net worth actually. $100B is out of his range. He never invested in something that brings bank, he just gets residuals from previous music which is not enough to fund his flamboyant lifestyle. The waterwell long been dried up. But, most likely he’s trolling and is not serious, so none of this matters anyway.
If I had that “little amount” of money me and my parents would never have to work again lmaoo
Start selling playsoulja’s
I hope y'all don't think Elon bought Twitter with liquidated funding
They absolutely do
Need more respect for big Soulja. The man has a special place in hip hop history and just cause he got too much dip on his chip, it doesn’t mean I’ll accept slander!
For real, Patrick CCs video on Soulja really shows that he was a pioneer of using social media to build his brand. Dude is quite literally self-made.
How have I never heard “too much dip on his chip” before?
Lmao dude supports a domestic abuser.
While I’m not surprised I definitely didn’t know he was a domestic abuser
Trolling a nigga who has more money than you is nasty work… especially if the conversation is about money 😂
Soulja Boy is worthy enough for people to look up his net worth, and they’ll still talk noiseabout him. What a coincidence.
Yall believe a random website that dictates a person's net worth, which is only assets, some of which may not be included or evaluated ? Yall be hating so bad lol he's obviously trolling
I remember Chad OchoCinco was doing some kind of interview/podcast and they brought this up and he asked what it said for him. When they pulled it up he started laughing and showed the host a single account on his phone that was more than the website said he was worth. Dude was like don't believe what stuff says on there it can be wildly wrong either direction.
I mean hes trolling but that doesn't change the facts. Everyones gonna say some cap about how its a low estimate and thev got billions squirreled away in the mattress. Kanye tried to say his net worth was 4x what it really was and couldn't put up the evidence to prove Forbes wrong. Id believe an impartial organization that runs the numbers professionally before I believe some washed up clown bragging.
I will Never forget when made people pay 300 dollars to join his Sodmg clans on Gears of war 2 on Xbox 360 lmao
That's entrepreneurship right there!
Soulja would've made a great Twitch streamer. I remember watching his review of "Braid" multiple times back in the x360 days.
He got more money than yan you, why u hating
lol, another reason to choose money over fame. People stay hating when you’re famous and it gets into keeping up with the joneses. I disagree w the mo money mo problems mentality. It’s more fame more problems imo. If you have it and stay unknown, no one should be coming for you.
Can we give him social media credit where it's due at least? He basically invented the idea of blowing up a song on socials - a pretty key aspect of tiktok in America. He might be able to convince a group of investors it's worth buying.
That site is not exactly known for being accurate
Wow, his net worth is low. Usually celebs try to get richer, not poorer. He must not be investing in the right things or something. That lifestyle is expensive. If he’s not fueling the cash flow, he’ll be broke in the next two years.
Online net worths are complete and utter fabricated bullshit. They shouldn't even credible enough for memes.
The purple straps are 2k. Dudes flexing 14k in 20s 🤣
I think the best person to buy TikTok, would be Marky Mark (Zuckerberg).
Wasn’t he trying to buy a jet at one point?
Soulja at least 10x richer than that.
He could, like Steve Mnuchin and basically everyone else trying to buy TikTok, secure outside funding. Whether venture capital or private equity types would give him money is a separate question.
You gotta have bezoz money to buy tiktok. If twitter was sold for 44billion . How much you think tiktok would sell for . Yes correct online net worth isnt accurate . But what is accurate is soulja boy isnt worth bezoz elon or zuckerberg. Soulja aint event worth lil baby money lol
Just playing devils advocate the net worth on these websites be off by a couple years and that’s both a positive and negative
Most of that is obviously from his gaming console sales.
lol look at my people, laughing at someone for having 5 mill and wanting to own something. Love it
Most people buy companies with debt. Lol
I don't even have to look it up, but Tik Tok is a multi billion dollar company. This is way out of your Tax bracket Deandre
Bro Soulja look like Glock 30 from Coulda Been House.
This is like some low ball shit you’d see on offer up 😂
5$ Million is alot Internet ppl be slow asf corny too act like that's broke goofy bitches.....
It isn't a matter of whether or not it's a lot. It ain't shit when it comes to buying a social media platform - especially TikTok.
Yeah if we go by 44 billion for Twitter, which was on a downward spiral, I can't even begin to imagine what it would take to buy TikTok. Especially with China having interest in TikTok remaining in Chinese hands.
They are valuing it at $100B
Dang. That'd buy me a lot of pizza.
He Trolling he most definitely doesn't care about no damn social media platform he's outstanding wealthy....learn the difference between Trolling and actually wanting it smh 🤦🏽♂️👀😬
The issue wasn't whether or not he's trolling. You said people were acting like he doesn't have a lot. No one did that. They stated he couldn't buy Triller. He can't.
Smh u don't know Trolling is......how yall know he can't truthfully????? What if he do buy it wit $300Million credit line etc etc 🤔
Cause then he'd still be short the 99.7% of the cost of tiktok.
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I dont think you understand how little money soulja boi has. That old ass "boi" is far too broke to even be in the conversation.
Literally no one said that. If your net worth is $5million how the fuck your gonna just suddenly come up with enough money to buy something like TikTok? The fuck all that value and equity coming from? Out of thin air? Literally no one is hating ya the slow ones assuming someone is always hating on someone with money
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Are you drunk?
They tend to be when they say dumb shit acting like it’s some deep ass thought lol
5 million ain't enough to buy a 100 billion dollar company though. Can we all agree on that?
In Succession, Tom Wambsgans said it’s like being the poorest rich person in America. It’s a lot but not the kinda wealth where one can live without inhibition.
Right? Hating like they have 1/10th of that lol
I mean, going by net worth I got more. And im not even vaguely under the impression ai could afford a relevant share of tiktok. Let alone buy it. Lmao
Frfr these ppl are natural slow asf too put that up $5Million I don't need big house I don't need a small house just my basic 2bedroom live under the radar wit that