T-Pain turned a disappointing moment into a lesson for fans after his car was repossessed. Taking to Instagram, the 37-year-old revealed a tow truck driver came to take away his custom convertible Rolls-Royce Ghost on Wednesday (Nov. 10).
T-Pain shared a video of the somber moment as well as his conversation with the man tasked with repossessing the car. He didn’t offer too many details about what led up to the situation, but he did advise his followers to keep a close eye on anyone managing their money.
“If you have somebody watching your money, make sure you have somebody watching THEM too,” he captioned the post. The good news is I’ve been here before and I know how to bounce back so fuck it. Y’all be careful out here man and watch your business like you watch your bitches. See y’all on the brighter side.”
As he acknowledged in his post, this isn’t the first time T-Pain has been plagued by mismanaged finances. In 2019, the Nappy Boy Entertainment founder revealed on “The Breakfast Club” that he blew his $40 million fortune to the point where he had to borrow money to buy necessities.
“I had to borrow money to get my kids Burger King,” he said on the show, chocking up his financial woes to “bad investments” and mismanagement.
“I was letting my manager [invest in real estate] and he was way more optimistic than I was,” he explained. “He would just buy complete dumps and think that we can just paint and then we should be fine. Never sold anything that we bought.”
Speaking with Steve-O that same year, T-Pain also said members of his own team kept his impending money problems a secret from him.
“They all knew that if I ever found out I was broke, the party was over for everybody. So, they were all like, ‘Don’t let him know that he doesn’t have any money because if he finds out we’re all gone,’” he said.
See T-Pain’s post about his car repossession on Instagram below.