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Scott Storch Accused of Stealing a Bentley

Filed under: Wheels, Wealth, Crimes and Misdemeanors


Formerly high-flying music producer Scott Storch (above with his Bugatti Veyron) has been charged with grand theft auto after failing to return his leased Bentley GT. Storch, who produced hits for the likes of 50 Cent and Beyoncé and partied with close pal Paris Hilton, has fallen on hard times recently and has seen his $10 million Miami mansion foreclosed on.

According to a copy of the a the police report obtained by MTV News, Storch began leasing a 2004 Bentley GT in February 2006 which was due to be returned last month. However, instead of handing over the pricey wheels Storch gave the Bentley to L'il Kim, TMZ reports. A repo company finally tracked the car down at Kim's place in New Jersey. Storch was released on bail after posting an undisclosed amount; according to some reports he is currently in rehab.

Sean "Diddy" Combs Can't Afford His Private Jet

Filed under: Wealth


Sean "Diddy" Combs' relentless (and so far fairly fruitless) pursuit of an acting career has apparently taken a toll on his finances. In the latest installment of his video blog, the rap mogul complains that the gas price explosion has forced him to forego the use of his private jet on his now frequent trips to Los Angeles to meet with movie people. "Gas prices are too f-ing high!" he complains in the clip. "If I'm flying back and forth to L.A. twice a month, that's like $200,000 - $250,000 round trip. F-k that!"

As a result, Diddy says, he's gone back to flying commercial, and throws in an appeal to his "Saudi Arabian brothers" to "please send me some oil for my jet." He then insists, "This is really happening!", filming himself boarding an American Airlines flight, adding, "and I'm in coach!" We're pretty sure Diddy, who makes $35 million a year, is joking about that last bit.

50 Cent Eclipses Jay-Z as Hip-Hop's Cash King

Filed under: Wealth

Forbes has just released its annual list of the world's highest-paid rappers, and Curtis "50 Cent" Jackson has catapulted to the #1 spot with $150 million in earnings over the past 12 months - more than double that of rival Jay-Z at No. 2.

When Forbes inaugurated the Hip-Hop's Cash Kings list last year, Jay-Z was firmly at the top. But 50 raked in over $100 million after taxes on a single deal earlier this year, the mag notes, when his stake in Glacéau (parent co. of VitaminWater) was bought by Coca-Cola as part of a $4.1 billion takeover.

This isn't to say that Jay-Z's doing badly; he recently signed a 10-year deal with concert promoter Live Nation worth $150 million. Meanwhile, Sean "Diddy" Combs and Kanye West clocked in at Nos. 3 and 4 with $35 million and $30 million respectively.

Armand De Brignac is the New Cristal

Filed under: Spirits, Wine

After denouncing Cristal, the luxe drink of choice of rap artists for many years, Jay-Z was left with a tough decision as to which champagne could replace it as a sign of opulence in rap/music culture. It appears that the artist has decided to (unofficially) endorse Armand De Brignac now, featuring it in one of his new songs as "gold bottles with the ace of spades." It seems like a good choice based on the bottle alone.

Armand De Brignac has been produced by a family owned vineyard for over two hundred years and has only just started to be imported from France. It is said to have notes of flowers, citrus, dried fruits and brioche.

[via vox / image flickr]

Kevin Federline Oblivious To Cristal Boycott

Filed under: Wine, Celebrity Shopping

Not only did Kevin Federline prove he is no Eminem during his first television performance, he also proved that he is oblivious to what is going on in the rap world. After all, there he was going on and on about his bling and popping Cristal when the rap world is currently boycotting the expensive champagne. Rapper Jay-Z has led the boycott of Cristal in the wake of some pointed comments by Frederic Rouzaud, the managing director of Louis Roderer Cristal about the unwanted attention given to the brand by rappers. Guess K-Fed didn't get the memo.


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