While there were reports that he was bankrupt after his latest album failed to set the charts alight, that didn’t stop Tyga from splashing a lot of cash around last week for his girlfriend Kylie Jenner.
The rapper gifted the reality TV star, now officially a legal adult as of last Monday, with a brand new white Ferrari, supposedly worth over a quarter of a million euro.
The 25-year old may not be as famous this side of the pond, and lately what we have been hearing of him is related to his financial woes, but that doesn’t seem to stop his spending.
Tyga, which actually stands for Thank You God Always, FYI, only managed to sell 2,200 copies of last album The Gold Album: 18th Dynasty.
But that isn’t his only method of bringing in the cash. Tyga, like many other hip-hop artists has some other business ventures that keep his pockets full apparently. One of those being an adult entertainment website.
We may not hear an awful lot about this venture as opposed to his collaborations with music stars such as Chris Brown, but Tyga is supposedly involved with the business, The Mirror reports.
He had aspiration to launch the site, rackcityxxx.com in 2012, although it appears that never came to light. Hollywood Life reports that he did make his directorial debut in one X-rated productions which even counted him as a cast member. Although he appeared in some scenes, he didn't actually make an appearance.
At the time, he spoke about his interest in this particular side of the entertainment industry: “I just felt like now was a time that I wanted to be involved in the sexual part of it… I think every guy thinks about that.”
He also added that he was “proud” of the film, with a title similar to his song Rack City.
Tyga is also set to release his own reality show Kingin’ with Tyga later this year. Combined with the revenue from his clothing line Last Kings, most estimates then put his net worth close to €7 million.
So that explains the brand new Ferrari and the trip to Mexico then?