Where did all of Wyclef Jean fortune go?
The former Fugees member is flat broke according to his business manager. Wyclef is reportedly up to his neck in debt including a $2.9 million tax debt to the IRS and owe over $100,000 in legal fees.
The Haitian born singer also owes law firm Shukat Arrow Hafer Weber & Herbsman $102,027.40.
Wyclef Jean reportedly owed the first $133,000 in legal fees but reached a deal to settle the debt for $60,000. The deal requested that Wyclef paid $10,000 in August and $50,000 in December, but if he defaulted on the payments to amount will jump back to $100,000 plus interest.
Well it turns out Wyclef defaulted on the payments and now owe a total of $102,027.40 to the law firm.
In 2012, Wyclef Jean came under fire for his handling of the finances for his charitable organization Yele Haiti. The organization received over $16 million in donations in the aftermath of the mega earthquake that decimated the Haitian capital Port-Au-Prince.
The organization has since being dissolved leaving a trail of debts.
The Fugees is one of hip-hop’s most commercially successful bans of all time, with their 1996 album The Score selling over 10 million copies worldwide and winning a Grammy for Best Rap Album.
See evidence of the debt on next page.