A private jet company entitled, Air Platinum Holding, is in the process of suing rapper Jay-Z because the Brooklyn rapper never fully paid for the 55 hours he spent on one of their jets back in 2009.
TMZ.com reports that Jay-Z only paid Air Platinum Holding for 37 hours of service on one of its private jets. Leaving Jay-Z with a total of $137,485.00 owed for the remaining 18 hours (that amount also includes international fees, taxes, and more).
Air Platinum Holding owner Mickael Cowen even explained to MiamiNewTimes.com last year that he would never allow Jay-Z to charter another one of his jets.
“I won’t fly Jay-Z ever again,” Cowen explained. “He owes me $200,000.”
TMZ attempted to reach a rep for Jay-Z for comment on the lawsuit, but their phone calls went unreturned.
Air Platinum Holding also made headlines last year when Cowen reportedly owed thousands of dollars to creditors, business partners, and former employees of the company.
(June 22, 2010)
UPDATE: Over a year-and-a-half since Air Platinum Holding announced its lawsuit against music mogul Jay-Z, the charges have now been dropped. TMZ.com confirmed the dismissed case. No reasons as to why have been given.
HipHopDX will keep you updated.
That aint shit to Jigga, we all know that. This dude owed motha fuckas himself but he mad at Jigga. Guess Jigga da reason he didn’t pay his debts. Come on lil buddy, aint not fun when the rabbit got the gun huh..
nigga what the fuck are u talking about? speak english u ignorant coon.
@YM/CM Read the article fuck boi… Bet u been called a ignorant coon numerous of times huh..
Why do you speak/type like a fucking ignorant coon??? I’m talking to you IMFROMDASOUFFFF23999, you uneducated fuck. Go to school, type THEY instead of DEY, use THE instead of DA, you illiterate faggot. Quit making all black people look IGNORANT. Nah nigga fa real doe, JAY-Z be dat nigga, ya feel me?
Fuck all yall niggas y’all all sound like coons lol!
What u niggas think this is grammar school? Get da hell on. You niggas aint nobody important. Stupid ass niggas use da word nigga but have the nerve to call another nigga a coon.. LOL!! Signs of a crack baby, bet u niggas came in this world high ass a bird huh, like 3000 said.. Meaning ya O G was on that shit while u was in the wound..
Politics as usual…
Jay Got that in the ashtray of his car..lol
LOL! BUT MOST LIKELY TRUE
jay-z a broke ass nigga in reality. he aint ballin like that. fuckin slave ass nigga.
yup, u hit the nail on the head. JAY-Z is a broke ass nigga. what the fuck are u smokin?
haha his acountant must have forgot to pay the bill.
i dont care how much money you got 137000 for 18 hours is just fucken crazy.i wouldnt pay that shit there nuts asking that much for a plane ride.
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Paid for 37 hours…. the nigga still got cake. I think this is trying to make Jay look bad on a financial standpoint. Like he’s cheap in business arrangements. pretty sure there was a overlook or a slap in the face in this one. 37 hours paid is still a lot of cake to toss around. Best Believe it. Just askl T-Pain
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I don’t understand why rappers are so shady. All that money you make Jay Z, you could’ve paid them in full.
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POLITICS AS USUAL…
as far as money jay got more money than every body thats been on hiphopdx.com in last 5 years combined…
175k is nothing to Jay-Z…
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Wasn’t Jay just on the Forbes list last year or in 08′? Seems like alotta his money is tied up and some of it has been shrinking due to unpopular investments he’s made.
yeah cuz you would know all about his investments
for real, what the fuck are you talking about?
yeah and y’all know wats in his bank account. everybody swear up n down Jay is a billionaire but little do y’all know TAXES fuck up alot of shit for rich people, even with the Bush Tax Cuts. Dude has about 4/5 maybe more investments that’ve gone to shit in the past year alone, do your research and stop sillajaggin’.
they’re trying to character assassinate JAY-Z. US$137,000 is peanuts, to JAY!
$200,000 only? Damn. Dude is just trying to make Jay look bad. Thats cents and shillings to Jay.
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God damn jay just pay these niggas so this shit can blow over! I mean you got that kinda money in your change jar lol just pay these people damn!
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If this guy ever leaves his house someone gonna pop him.
Just another dude tryna come out on Jay’s name. what’s 200 grand to a nicca like Jay?
LMAO at all the haters in the past when this article was brought up…What now bitches??? MOB = Money Over Bitches
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Jay broke? Ain’t got money like that? Your entire family could put every cent they had together and still not have as much money as Jay-Z, You forget this nigga married to Beyonce? You think a nigga broke because he pay taxes? You must go to school online with lil romeo,
lets say this nigga made 90 million, let’s do 40% taxation and that’s fucking extreme, that leaves 56 million after taxes minus let’s say 46 million for legal accounting losses business ventures, that’s still a 10 million dollar profit and that’s just one year. not saying he the richest nigga to ever roam the planet but broke though? really nigga? what do you define as broke?
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Considering Jay-Z’s financial possibilities I don’t understand why he would let the situation to escalate to a lawsuit.
I don’t understand why would Jay-z let him self get in this situation for less than 200 k.