News: Bow Wow's Cash Money Salary Exposed: "He Makes $4,000 A Month Before Taxes"
Wednesday, Oct 3, 2012 9:41AM
Cash Money Records' Bow Wow is making headlines this week for complications related to child support, appearing in a court room with ex-girlfriend Joie Chavis.
According to reports, Bow Weezy admitted he only earns roughly $4,000 per month under Cash Money.
Bow Wow has been ordered to pay child support for his 1-year-old daughter, but we've learned he withheld critical financial information from the judge. Bow Wow and baby mama Joie Chavis were in court Monday, fighting over exactly how much Bow Wow is worth and how much he has to pay. After some haggling, Bow Wow voluntarily agreed to shell out $3,000 a month in support for baby Shai. Bow Wow told the judge ... he makes $4,000 a month working as an employee at Cash Money Records, and that's it. He testified he leases a Jeep and has a grand total of $1,500 in his checking account. So here's the question -- if he makes $4,000 a month before taxes, how can he afford to pay $3,000 a month in child support? (TMZ)
The rapper also failed to disclose landing a gig as BET's newest "106 & Park" co-host.
We'll here's an answer ... After the court hearing was concluded, Bow Wow was officially named host of BET's long-running and influential hip hop show, "106 & Park." Bow Wow made no mention of this in court. The judge will have some tough questions for Bow Wow in December, when the court rules on a permanent child support order. In the meantime, the judge also ordered Bow Wow to pay $11,500 in back child support. (TMZ)
Last year, Chavis spoke on her close-knit relationship with Bow Wow.
"He would always talk to me. We became friends before anything. So he would always talk to me and I was straight to the point with him. I would always tell him 'you have fans, you have people who admire and look up to you. You have a beautiful blessing on the way that you have to live for. You have so much to live for so don't think like that.' I was definitely always there for him to cope with whatever he was going through. And just letting him know, be that father that you didn't have to your daughter." (Global Grind)
In summer 2011, he talked to SOHH about embracing fatherhood and new responsibilities.
"Fatherhood is beautiful, know what I mean? I can't complain, it made me a better rapper, and a better man," Bow Wow told SOHH. "It made me see life differently. Clearly. It made me turn into a man overnight. I love it. It gets kinda difficult to [spend time in public] because fatherhood is kinda the hot story that's around me right now, everybody wants to know [about us]. I was out in L.A. and everybody's trying their best to get pictures of my daughter, so you know, it's not easy." (SOHH)
Check out some recent Bow Wow footage below:
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