Monday, May 20, 2013

Mary J Blige Owes $6M At Least

Mary J Blige does not do a good job managing her money. According to TMZ, Mary owes the IRS $3.4M. She owes New Jersey almost $1M. She owes $2.2M in a bank loan and even her charity says she owes them $250K for a loan she took and never paid back. That is a whole lot of money owed to a whole lot of people. What i don't understand is why she does not go out on the road until it is all paid off. She is in a unique situation where she can earn hundreds of thousands a night probably for at least a year. She could have the whole thing paid off in a couple of months, but she does nothing. I bet she is out there right now buying something.

Posted by ent lawyer at 10:30 AM

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25 comments:

  1. Anonymous10:44 AM

    Isn't her husband being shady and managing her money? Why not trust an accountant to handle that kind of thing? Somebody should be have some splainin to do.

    ReplyDelete
  2. SusanB10:46 AM

    Pay your taxes FIRST people! Then you can run amuck with the rest of your money with no fear!

    ReplyDelete
  3. SecretTorture - "ST"10:47 AM

    Nicki Minaj in 20 years. I hope.

    ReplyDelete
  4. Jeneral10:53 AM

    Borrowing money from your charity?! How is that even legal?

    ReplyDelete
  5. MISCH10:54 AM

    Why aren't clebs taxed the same way as ordinary people ? Shouldn't that money come off the top ?

    ReplyDelete
    Replies
    1. Gayeld10:58 AM

      Entertainers work under a special services contract, not as an employee of a business. Generally they get a set amount for a performance and are responsible for their own taxes, medical, etc.

      Delete
  6. SecretTorture - "ST"10:54 AM

    @Jeneral I was wondering the same thing!!

    And the Lamar Odom thing with him literally taking money that was raised for his charity. No one is even talking about that anymore!

    ReplyDelete
  7. Christopher Cruz10:56 AM

    I hear she is NOT a nice person, so I hope she gets what's coming to her.

    ReplyDelete
  8. Now!11:16 AM

    Entertainers at Blige's level also live in a world where nearly everyone around them is on their payroll.

    There are probably a lot of people blowing smoke up her ass and telling her she doesn't REALLY owe that money, for one reason or another.

    She will go out on the road again whenever it benefits her handlers.

    Not sure if her husband's at fault, but it reminds me what Doris Day went through in the 1960s. Her husband/manager spent her deep into debt without her knowledge and then died, leaving her broke and signed up for a TV series she knew nothing about but was forced to do.

    ReplyDelete
  9. Robert11:16 AM

    She may be another Wesley Snipes, believing that what applies to other people doesn't apply to her. Can't think of too many other explanations unless she's just deeply stupid, which I don't believe she is.

    ReplyDelete
  10. auntliddy11:26 AM

    Once you have money, the number one thing is to get very best money manager u can afford. And keep on top of it, and every april, make sure that tax paid. Hope she fifures a way out if this

    ReplyDelete
  11. portlandjewel11:27 AM

    Mary J Blige is almost always touring and performing. She is an amazing talent and has been making flawless new music since about 1990... She is a great performer too. I love everything about her and hope she gets those taxes paid!

    ReplyDelete
  12. hollywood dime11:35 AM

    mary doesn't pay her bills. I can think of several stylists and hair people that she has stiffed for seemingly small amounts. She uses their services, doesnt pay them and then just uses a different unsuspecting person for her next event. Her tackiness is coming back to bite her in the ass! She's owed a hair stylist in NYC 50k for the last 2 years and refuses to pay it.

    ReplyDelete
  13. delete account11:56 AM

    This is why all singers should become songwriters. Another blog I read that caters to the African American community recently had a story about how Mariah and Alicia Keys make upwards of 750,000 a month just off of their songwriting royalites. Thats why they dont need to.tour constantly, unlike the greats Patti Labelle and Aretha and several others who never stop performing and touring. Musicians who dont write their own songs are doomed to tour and tour and tour till their legs fall off. All singers should write at least some of their lyrics anyway--if Mariah can do it so can you!!!

    ReplyDelete
    Replies
    1. hollywood dime12:49 PM

      What difference does it make if you write your own material if you refuse to pay your bills and taxes?! She would just be an irresponsible singer/songwriter vs. an irresponsible singer.

      Delete
  14. Now!12:00 PM

    @Scratchy, some artists make it a condition that you name them as cowriter before they will record the song. I believe Madonna is one of them.

    ReplyDelete
  15. MalibuBarbie12:00 PM

    Amen, Hollywood Dime. She owes a stylist I know at least $150,000 from one of her tours back in the early 2000's, and her attitude was basically that the stylist should have been happy for the PR that came her way from dressing Mary on that tour. She is notorious for shafting those who work with her.

    ReplyDelete
  16. Tyger Lilly12:02 PM

    SecretTorture - god I hope we don't have to wait 20 years to see Nicki Minaj in this situation... I would love to see her selling her a$$ on H'wood Blvd in 20 MONTHS to pay the bills. Whoever thought she had enough experience, talent, or style to judge A/I must be smoking crack.

    As for Mary J, that sucks for her, but it's not the first time an artist has owed millions to the IRS. And there could only Berne of two reasons why she's on the road making the money to pay it back - a serious drug problem or psychological issues. I hope she works it out, because she used to be very talented & I'd hate to see her go the way of Whitney.

    ReplyDelete
  17. MontanaMarriott12:04 PM

    I thought all of Mary's music was written by her and her sister LaTanya so she should have some publishing money. What she or should I say her husband/manager is doing with it is another story.

    ReplyDelete
  18. 1Jazzimom12:23 PM

    Another one with the hubby as manager. Looks like she doesn't have a clue. She's on tour constantly. I say fire Kendu and get real professionals b4 u go to jail dear.

    ReplyDelete
  19. Unknown1:57 PM

    Mary strickes me as one of those stubborn females who refuses to take outside advice in regards to her relationships. She will stay with a man longer than the laws of logia and reasoning will allow, just to prove everyone else wrong.

    It has been rumored for may years hat her husband is robbing her blind. She pays his child support for children that are NOT hers. This in my opinion is hte sign of a stone cold FOOL.

    Why in the fcuk are you paying a grown man's bills? Like Toni Braxton... Mary has filed for bankruptcy more than onc einher career. And, like Toni Braxton, Mary has allowed her un-employed husband become her manager and destroy her financially.

    Pathetic. After the first bankruptcy, you would think these females would learn their lesson.

    ReplyDelete
  20. Susan3:09 PM

    Not paying your taxes and stiffing stylists and the like? No, Mary. Just no. And I've bought your music. This shit pisses me off. Hope it's not true.

    ReplyDelete
  21. Land Manatee4:46 PM

    Mary J = MV

    ReplyDelete
  22. FalseProfit5:26 PM

    She should be deported. Pay your taxes or leave. It's that simple.

    ReplyDelete
  23. MalibuBarbie5:55 PM

    I've worked with Mary J. She may be a complete asshole to those who work with her, but she is TALENTED BEYOND. Not MV.

    ReplyDelete

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