Soulja Boy Didn't Buy a $55 Million Jet

August 1, 2011 By:
Soulja Boy Didn't Buy a $55 Million Jet

Last week, we were all scratching our heads about how rapper Soulja Boy afforded to buy himself a $55 million customized private jet. Well, the answer is: he didn’t.

TMZ first reported the claim, saying that Soulja Boy bought a $35 million jet and dropped another $20 million to add his own customizations. Those additions were: Italian leather seats, flat screen TVS, four bars, and Brazilian hardwood cabinets.

Then, this Saturday, the rapper was a guest on Miami radio station 99 Jamz, and they asked him if it was true, and he simply said he had reached “G5 status.”

Apparently “G5 status” means creating a rap-song-turned-ringtone four years ago and owing the IRS $26,000.

While some people from Soulja Boy’s camp backed up the wild claim, his own spokesman, Greg Miller, flat out denied it:

“The elaborate rumors circulating about Soulja Boy purchasing a jet for his 21st birthday are grossly over exaggerated and are not true.”

I would say he should be ashamed of himself for perpetuating this rumor, but Soulja Boy still has an estimated net worth of $23 million. It’s not enough to buy a private jet, but it’s still about $23 million more than I thought he had.