When asked how much money he made off of his 2006 record, “We Fly High,” Harlem, New York rapper Jim Jones broke down the sales numbers for the song. While speaking with Vlad TV correspondent Jenny Boom Boom, he addressed the sales made solely off of ringtones.
According to Jones, the purchase of four ringtones equals one record sale. And with around 15 to 20 million ringtone downloads for “We Fly High,” the Dipset lyricist says he almost became a triple-platinum artist.
“Off that single it was like—They say it was like four ringtones equal one actual record sale,” Jim Jones said. “And shit probably sold about 20 million single downloads. Probably like 15, something like that. I got a plaque in my house that was over 10…So, my single made me almost a triple-platinum artist. With the equivalent of the sales and stuff. People don’t ever look at it to that, but it was definitely four ringtones or five ringtones equals one whole record sale.”
Although Jones didn’t share the amount of money he made as a result of “We Fly High,” he says he “spent” and “blew a lot of money.”
“I spent a lot of money,” he said. “Had fun. I blew a lot of money…You learn about bank accounts and stuff early. In the hood, you learn about putting your money in a sneaker box. You understand what I’m trying to say? That’s a big difference when it comes to finances. So, when you take a kid from the hood that’s 19 or 20 and put a million dollars in they hand and Benz’s and all that type of shit it gets different. Nobody is ever thinking about taxes. And the IRS is so wicked that if you are making money and somehow they getting some of it and they see them checks still coming they not gonna be on your back like that. When they come get you is when it runs up and everything is dry. Then they pull out their book like ‘Shit. 2004, 6, 7, 8, and 9. We need that, Jack’…I learned a lot in this music industry.”
Jones recently caused a stir when he criticized Roc-A-Fella Records co-founder Dame Dash via Instagram. Jones referred to Dame as both a “culture vulture” and a “fuck faggot” in a post made on the social networking site in August.
“Jim Jones Explains Why IRS Comes After Artists”
I don’t the Vampire King Jim Jones to explain this one to me LOL. It’s because artists don’t pay their fucking taxes! DUH!!!!!!
“Although Jones didn’t share the amount of money he made as a result of “We Fly High,” he says he “spent” and “blew a lot of money.””
Yeah no kidding. Hence the Love and Hip-hop reality shows which no self respecting hip-hop artist would ever take part in.
For the same reason they come after everybody else. The IRS is the one entity in this world that doesn’t discriminate. They just want their fucking money, no matter who you are. They’ll send the leader of the Ku Klux Klan and a black revolutionary to prison on the same bus and never look back if you try to fuck them out their cut.
thats how it should be though
Better than some of those failed states where you fear for your life if you dont pay taxes etc
What the fuck is a “Black revolutionary”? …and why do you have a hate group on one end of the spectrum being compared to a “revolutionary”?
contrast
……oh, ok.
Jim Jones is almost a triple-platinum artist
Taxes are what every person with a job has to think about. Rappers aren’t immune to them.
True but taxes are a hell of a lot easier to handle when you only have 1 source of income to claim.
If the IRS is this scheming entity, why would they wait until you are dry and dead broke before coming after you? At that point, they could only put you in jail. If they want your money, they’re better off trying to time your peak, not waiting for years after you made a hit single.
Every time you get a check from the label, the label claims this as a deduction on their taxes. That’s why you get hit! The IRS is getting deductions from one entity, but not receiving those financial records from the other party! It’s not because they’re scheming on jim jones haha…this dude
Ignorant bastard, did you forget about the part were the IRS can auction your property and foreclose your home? They love to swoop in when your money goes dry and jack ya shit.
It was probably more like he reached time limit on when he had to pay those taxes by and at the same time his money dried up.
im dying lmao.. this nigga is sayin he’s “Almost kinda sorta 3x plat” lmaoooooo
But max b wrote the hook and you didnt pay him a dime jimmy. Sooooo technically….
Shit I’m a regular guy making 75 grand a year and IRS came after my black ass 4 times already.
YOU’RE BROKE AND A FAGGOT! JIM JONES IS VAMP FOR EVER. BIG SEAN STILL THE DOPEST OUT THOUGH
^ what a troll 75K/year is broke? Your a noob troll.
So he signed a 360 deal… SMH! Homeboy been in the game too long to have signed one of those! I see Cam didn’t teach his so called homies shit!
JIM JONES IS AN OG STFU FAGGOT STOP HATING ON JIMMY.
BIG SEAN RUNS RAP HE THE BEST
Why the fuck couldn’t the writer use proper grammar to quote him… SMFH!
Because it goes against journalism to change the way a person says some anything. If you change anything they say, even if its just grammar correction, then it is no longer a direct quote from that person.
It wouldn’t be a quote.
Almost don’t count Jimmy.
I don’t get how he couldn’t realize he should have paid taxes like EVERY person in America is required to do. What a stupid fucking halfbreed monkey.
“Almost 3x Platinum” This broke ass motherfucker is dumb as hell, no wonder his porch monkey ass is bankrupt.
how much you think he is worth?