There have been mixed reactions to Jay-Z’s refusal to lend his cousin even $1 despite being a billionaire. The reason he gave was… See more

People are questioning billionaire rapper Jay-Z after a clip of him claiming he wouldn’t give his cousin a loan resurfaced.

During a 2022 episode of Kevin Hart’s celebrity talk show called Hart to Heart, the rapper was discussing how money can come between friends and family. Jay-Z then described a scenario in which a cousin asked for a loan of $4,800 to fund a business venture that they say would make $2m in return.

“You gotta explain to him life isn’t like that. Money isn’t free, no one’s giving out opportunities, and then he like: ‘Oh, you don’t believe in my dreams,’” he said in the April 2023 YouTube clip of the episode.

The rapper never clarified whether or not the situation he was describing was real or only hypothetical.

The clip resurfaced a second time on X, formerly known as Twitter, on 30 September alongside the caption, “I’ll NEVER get over a billionaire saying some bulls**t like this!”

The tweet has now gone viral with over 35 million views since first being posted. Thousands of people retweeted or quote-tweeted the post, with all of them weighing in on whether or not the rapper should have loaned out the money, considering his impressive net worth.

According to Forbes, the “Empire State of Mind” rapper has a net worth of $2.5bn, while his wife Beyoncé has a net worth of $540m.

“Jay Z has $2.5bn, his cousin asked for $4,800 and he said no. To put that into perspective, that’d be the equivalent of someone who made $50,000 a year being asked to give a dime,” one response read on X.

Another commenter agreed, writing: “I thought he was [going to] say some ungodly amount of money. Being worth 2.5 BILLION dollars complaining about your cousin asking you for $4,800 for his ‘start up’ is insane actually lmfao.”

“Boy Math is having enough money to stack it to the height of Mount Everest TWICE but your cousin can’t hold $4,800,” a third quote tweet on X read.

Other people suggested that Jay-Z made the right decision by not giving his family member money, because it can complicate relationships and overall family dynamic. “Here’s the tea about giving family money all willy nilly — they’re not gonna go and change their lives with it,” one X post began.

“That’s the bottom line. Nothing will change. Those who know, know. And it’s heartbreaking that the sacrifice you made didn’t truly make a dent at all. It is very rare that a family member is actually dead serious about investment. Very rarely do they actually have the plan written out, information to show, or anything that shows things are in motion regardless of your help.”

Another commenter agreed, writing, “People are mad but I understand. It’s always about the principle and I wouldn’t wanna be looked at as a money machine either. Of course [I’m going to] help my loved ones out but keep in mind I’m not a walking ATM.”

The Independent has contacted a representative for Jay-Z for comment.

Related Posts

Jennifer Garner donates $12 million to support victims of the LA wildfires. She personally delivered medical equipment, fire protection equipment, food, and other essential items to the victims’ support centers. ‘I hope everyone can overcome these losses’ Read full story at:

World Central Kitchen is partnering with restaurants and food trucks to feed first responders and families in Southern California Photo: TheImageDirect.com; David McNew/Getty Jennifer Garner is lending a hand during the wildfires in…

Read more

Paris Hilton launched an Emergency Fund for Fire Victims with an initial donation of $10 million. She shared: ‘There are things more important than money right now, I will be selling two more of my homes to help the victims’. It is known that the two houses she owns are worth… See more:

“As a mom, I can’t imagine the pain and fear of not having a safe place for your babies,” Hilton wrote on Instagram Paris Hilton. Photo: Kevin Ostajewski After Paris Hilton learned her Malibu…

Read more

Tyler Perry donates $25 million to LA wildfire relief fund and publicly criticizes insurance companies for trying to avoid their responsibilities. ‘It’s time for us to get compensated, not for us to file lawsuits’ Read full story at:

The film producer is speaking out against insurance companies who canceled policies for L.A. residents ahead of the devastating fires that began burning on Jan. 7 Tyler Perry; a photo…

Read more

Beyoncé initially donated $2.5 million to the LA wildfire relief fund, revealing she would sell more of her assets and raise more money, estimating her support package to be $60 million: ‘Don’t worry, we’ll help you.’ See more:

Beyonce’s public charity foundation BeyGOOD announced the donation via Instagram on Sunday, Jan. 12 Beyoncé. Photo: Mason Poole/Parkwood Media/Getty Beyoncé has donated a large sum to support the communities tragically affected by the ongoing…

Read more

Jhené Aiko Reveals Her Family’s Miracle After Accidentally Walking Outside Before the Fire Broke Out and Destroyed Her Home. ‘I Had a Dream About God the Day Before and He Told Me…’ See More

The singer previously revealed that her home burned down in the fires, which began last week Jhené Aiko in New York City on Sept. 9, 2021; Jhené Aiko’s home burning…

Read more

Ryan O’Neal’s daughter ‘Tatum O’Neal’ narrowly escaped death when his Malibu home was destroyed by fire. She recounted in horror: ‘The fire was on me in five minutes, I tried to….’ See more

The actress described the ongoing wildfires as the ‘saddest ever’ in a Threads post on Sunday, Jan. 12 Ryan O’Neal (left); Ryan O’Neal’s destroyed home in Malibu. Photo: Tasia Wells/FilmMagic; BACKGRID Tatum…

Read more

Leave a Reply

Your email address will not be published. Required fields are marked *