MTO News reported yesterday that Tekashi 6ix9ine is going through a financial cash crunch. Well Now MTO News has obtained the REAL documents provided from his accountant.
Tekashi is in the middle of a multi-million dollar lawsuit, and the judge has required that the rainbow hair rapper disclose all his assets.
Yesterday, Tekashi’s accountants released his income from the past 4 years. And according to the accountant – who has sworn to tell the truth under penalty of law – Tekashi is now making only $2,000 a month.
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Tekashi had a great year in 2000, when he raked in nearly $10M. But his money dropped in 2021. And now in 2022, he’s making a monthly average income of a little more than $2,000 and projected to make less than $30,000 for this year.
According to 6ix9ine, his deal with 10K Projects ended in February and he hasn’t paid back his advance. “I did receive large advances under the recording artist and merchandising agreements prior to my arrest,” Tekashi, born Daniel Hernandez, wrote in court documents. “However, I do not receive any royalties under those agreements either since my royalty accounts remained unrecouped. I have had to try to restart my career after my release from prison. I was out of the business for two years, which caused me to lose all the momentum I had achieved before I was arrested. I may never reach the levels of success I had before my arrest.”
Tekashi tells the court he is hardly bringing in income due to the COVID-19 pandemic putting a damper on his ability to make show money. “Right now, I am struggling to make ends meet,” 6ix9ine added. “I do not know if I will ever command the kind of advances I was paid before my arrest, and my career stalled.”
He continued, “If the Court awards the compensatory damages and punitive damages sought by the Plaintiffs at this inquest, it will surely bankrupt me in a way from which I will never recover to the permanent detriment of the family members who rely upon me.”