Speaking on The Crew Has It podcast, Tony Yayo revealed that Young Buck’s financial state today results from poor economic management in the early years of his career or peak.
Young Buck is one of the rappers, like Tony Yayo, who were signed under G-Unit. Though he had a fallout with 50 Cent and went solo, he made a significant amount under the label.
Unfortunately, he wasn’t financially responsible enough to manage his finances properly. He lived a lavish lifestyle, which included splashing money on expensive cars, chains, flights, and other costly items, as Tony Yayo revealed during his interview on The Crew Has It.
“Young Buck was the type of n**ga to go on tour, come back home, he done spent $250,000. He done bought some cars, living room is all white. I got the regular bed, he got the bed with the TV coming out. He’s bought a new chain.
He’s chilling with the BMF. OMG, come on. I’m at home chilling, but he’s chilling with BMF. He was bound to go broke, just think about it, he was chilling with BMF. I’ve seen Buck tell a girl, ‘Take the card mane,’ you know what I mean? That money can go fast.”
Young Buck not only mismanaged his funds but also joined BMF, known for their extravagant lifestyle. It was quite impossible to be a member or associate with BMF without being swayed into spending carelessly.
When Young Buck left his label in 2008 under G-Unit, he went solo, which made it very difficult to embark on projects and manage finances judiciously, as the label had handled the production and promotion of its artists under G-Unit. 50 Cent, who made a lot of sacrifices as a label head, pushed them forward.
Young Buck also suffered disputes over his past association with 50 Cent and other labels, resulting in some of his finances being frozen. He later filed for bankruptcy two years later due to all these challenges and went into massive debt. He not only went bankrupt due to poor financial management but also for unpaid taxes that landed him in trouble with the IRS over tax-related debts.
His involvement in conflicts with his past labels, along with numerous financially demanding lawsuits, contributed to his bankruptcy.
Unlike other artists who diversify their income from music into other lucrative businesses and partnerships, Young Buck neither invested nor knew how to invest what he earned from music into other businesses to create multiple sources of income. This left him in shambles, as he could no longer sustain his career and visibility, leading to a massive decline in his career in general.
Like other artists who have suffered the wrath of fans when it comes to being canceled for their conduct and public outings, Young Buck’s dispute with 50 Cent and other G-Unit members put him in a position that affected his opportunities.
Though Young Buck’s stay at G-Unit was short-lived, Tony Yayo never officially signed out. G-Unit under 50 Cent simply underwent poor management and financial issues, which made the group inactive, and he left. Even though Yayo has expressed discontent with 50 Cent for not appreciating him enough despite his loyalty to the label, unlike Young Buck, who publicly fell out with 50 Cent, Tony Yayo still considers himself part of G-Unit
