News: Jay-Z Flies Into $137K Private Jet Lawsuit

Tuesday, Jun 22, 2010 10:35AM

Written by Biz Jones

Grammy-winning rapper Jay-Z has reportedly been sued by a private jet company that claims he owes more than $137,000 in unpaid fees.

Reports of the lawsuit landed online Tuesday (June 22) morning.

It costs Jay-Z roughly $250k to spend 55 hours on a private jet -- and that's with a celebrity discount -- but according to a new lawsuit, the rapper never paid the entire cost to fly like a boss. Jay-Z -- aka Shawn Carter -- is being sued by Air Platinum Holding, a private jet company which claims Jigga spent 55 hours on their planes back in 2009 ... but only paid for 37 hours of service. (TMZ)

A breakdown of what is owed has also been revealed.

It's believed that an hour of flight time costs $4,500, meaning his total outstanding flight bill is around $81,000. He also owes $8,500 for 17 hours of domestic catering, $3,000 for catering on four international flights and $8,500 in international fees. The 'Big Pimping' rapper has also failed to settle $12,285 of taxes and the $24200 cost of a luxury trip to England, bringing the total debt to $137,485. (Peace FM Online)

Earlier this year, it was reported that Jay-Z and his wife, Beyonce, were the highest-earning couple in Hollywood.

Music duo Jay-Z and Beyoncé Knowles earned $122 million between June 2008 and June 2009, landing them atop the publication's annual Top-Earning Couples list in Hollywood for the second year in a row. The couple married quietly in 2008 and are responsible for everything from music ("Single Ladies" and "Empire State of Mind") to clothing lines, worldwide tours, and product endorsements (like American Express and Budweiser). (Entertainment Weekly)

The rapper also led Forbes' annual Hip-Hop Cash Kings List last year.

Jay-Z raked in a reported $35 million starting in June 2008, from touring and other business ventures. Although his earnings were down substantially from last year's $85 million, he still managed to edge out fellow mogul Sean "Diddy" Combs, who came in at No. 2, with $30 million. Third place went to Kanye West with a respectable $25 million, earned through profits from his '808's and Heartbreaks' album and 'Glow In The Dark' tour. 50 Cent landed at No. 4 with approximately $20 million, a steep drop from $100 million in 2007. (The Boom Box)

No further details on the lawsuit have been revealed as of now.

Check out a recent Jay-Z interview down below:

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