The American rapper Bow Wow, also known as Lil Bow Wow and Shad Moss, is subject to a dilemma: is he wealthy or broke?
Bow Wow Net Worth - $0.6 Million
Birth Name - Shad Gregory Moss [AKA: Lil' Bow Wow]
Date of birth - March 9, 1987
Zodiac Sign - Pisces
Birth Place - Columbus, Ohio, U.S.
Nationality - American
Height - 5′ 7″
Profession - Rapper, Actor, Television Host
His career began when he was only 6. In 1993, he performed at a concert and the legend of rap Snoop Dogg happened to be there. Snoop bestowed the little artist with one of his nicknames: Lil Bow Wow. In 2000, at the age of 13, Bow Wow issued his debut album, “Beware of Dog”.
As many other musicians, he also appeared in several leading or supporting roles in productions like “Roll Bounce” and “Like Mike”. On the big screen, he appeared in “Madea’s Big Family”, made by Tyler Perry, filmmaker and playwright, and also in the television show CSI Cyber, on the CBS.
According to some sources, Bow Wow net worth is $600 thousands, but others say that he is broke. His financial troubles might seem shocking, since the rap star “retired” at only 22, claiming that he had already accomplished everything he needed in music. It is indeed unbelievable that someone with millions of albums sold, with 10 hit singles, and dozens of participation in movies and television shows could be flat broke. However, this is what Bow Wow claims.
The story began in July 2011, when, after months of denials, he admitted that he had fathered a girl named Shai, whose mother was his ex-girlfriend. Being asked to pay child support for his daughter, he told the judge that he had no more money.
The judge had asked Bow Wow to pay $11,500 as back child support, followed by $3000 per month later on. The artist revealed that his earnings were $4000 per month as an employee at Cash Money Records, but he had to pay the leasing for a jeep and this left only $1500 in his bank account.
It is true that, in about the same period, TMZ revealed that the artist owed $90,000 to the IRS and had two cars repossessed by his creditors because he had stopped making the due payments: a $220,000 Ferrari and a $200,000 Bentley. He was said to also owe $280,000 to a leasing company specialized in luxury cars, by the same source.
Under the circumstances, it is no wonder that the press no longer talks about the rapper's net worth, focusing on the fact that, if he does not continue his musical career, his only chance to pay his debts is winning the lottery.