- Jay-Z has opened up about how having money can lead to awkward conversations with family members
- The multi-billionaire rapper was speaking with Kevin Hart when he revealed he once refused to lend his cousin N4m ($4800)
- The shocking revelation has social media users divided, with some people thinking he is a stingy man
- In a chat with Legit.ng, an online finance coach identified as Your Personal Finance Girl shared her sentiments on Jay Z's monetary decision
American rapper and businessman, Jay-Z, dropped a bombshell when speaking about how family relations are affected when one is as wealthy as he is.
Jay-Z reveals how he refused to lend his cousin money
In an interview with Kevin Hart, he explained how going home for special holidays will be met by encounters where relatives manipulate rich people to invest in their business ideas.
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Hip-hop online magazine @DailyLoud reported the excerpt of the interview on the X app (Twitter) and captioned the post:
PAY ATTENTION: Share your outstanding story with our editors! Please reach us through info@corp.legit.ng!
"JAY-Z says he refused to lend cousin $4,800."Watch the video reshared by user @Shtrafi below:
Social media reacts to Jay-Z's sentiments on borrowing family money
Reacting to the shocking revelation made by the husband to the world's superstar, Beyoncé Knowles-Carter, social media users were divided in their response:
@hcanes100 was satisfied:
"His money, ain't no one's business how he chooses to spend it or not."@Naija_Analyst concluded:
"Well, there should be reasons cause if not then it's just greediness."@widdy_eth understood:
"I wouldn’t lend my cousin $4,800 either."@ThatDudeTaco said:
"Teaching his family to get it on their own. I like it."@BarcodeOC was convinced:
"Jay-Z annual income is estimated at 150 million, roughly 411k a day! He must really hate that cousin lol!"
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@shukrani__ explained:
"Just because someone has it doesn't mean they have to share it with you."@Famekom was annoyed:
"Jay out here acting like Trump to his family."@iDunDoDrugsss was disgusted:
"A man worth over 2 BILLION, that’s like 50 cents to him, cheap man."For someone with a wealthy financial history, what might have prompted Jay Z's decision against his cousin?
According to USA Today, Jay-Z's net worth is predicted to be $2.5 billion as of June 2023.
In an exclusive chat with Legit.ng, Your personal finance girl talks about the likely circumstances that might have influenced the US rap star's decision.
"There are two sides to every story, and he definitely has a valid reason why he did that; just because you have the money doesn't mean you'd hand it on a platter, and seeing Jay Z is a businessman, there would be an underlying history as to why he refused to give his cousin the money; he probably has a bad credit history.
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"He wouldn't want to indulge in his poor money habits. Either way, as I mentioned, the story has two sides."Kim Kardashian joins the billionaire list
In other wealth-related stories, Legit.ng reported that Kim Kardashian finally made it to the World's Billionaires list, according to Forbes.
The reality TV show star and businesswoman officially cemented her place as one of the richest women in the world thanks to her innovative mind.
Source: Briefly.co.za
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