RAPPER Wack 100 wildly claimed that Master P is “broke” after allegedly losing $200 million and compared him to the comedian Nick Cannon.
It comes just months after the music manager, 43, was involved in an explosive argument with the rapper 21 Savage.
Wack, whose real name is Cash Jones, claimed that P doesn’t own his masters.
P, also known as Percy Robert Miller, founded the No Limit Records label in 1990.
The label formerly included artists such as Snoop Dogg, C-Murder, Mac, and Romeo Miller.
In 2003, the company filed for bankruptcy and it’s reported that Master P sold the catalog. It has been inactive since.
During an appearance on the invite-only social media app Clubhouse, Wack 100 claimed that Master P was “broke”.
He said: “He can’t hold a candle to Nick Cannon”.
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Wack alleged: “First of all, he doesn’t own his masters, they took them 18 years ago.
“You think this n**** be selling noodles? The feds took his catalog, bro.”
He claimed that P “doesn’t have 20 percent” of Cannon’s money, Hip Hop DX reports.
He said: “Nick Cannon got real money, for real. Real, real money. I’m like ‘How is [Master P] talking to this n**** about what he doing and you ain’t nowhere in place my n**** (sic).”
Wack also asked: “Who is you bro, to be telling this n**** about his business decisions and your business decisions ain’t been right for damn near 20 years!?”
The sensational claims sparked a wild flurry of discussion online, according to HITC.
One said: “Lol wack 100 tried 2 say master p broke (sic).”
Another commented: “If Master P broke, wtf are we.”
While a third posted: “Master P far from broke Lmaoo mfs is insane if they really believe that.”
It’s highly unlikely that Master P is broke. His net worth is around $200 million and he’s also a business owner.
Master P owns the Ice Cream shop and installs self-service vending machines.
He also owns Uncle P foods which sells foods such as pancake mix and cereal.
In his most recent Instagram post, P said: “In the words of MLK, ‘darkness cannot drive out darkness, only light can. Hate cannot drive out hate, only LOVE can.’
“Use your God-given talent to help others, that’s how true success is measured. Wealth is not about money, it’s about knowledge and wisdom.
“The more we educate our culture, the more we grow and build economic empowerment. Negativity only destroys communities. Dreamers create and build.”
Wack threatened to “beat” 21 Savage’s ass in August, Complex reports.
Atlanta-rapper 21 accused Wack of being “lame” after he appeared with 6ix9ine on Akademiks’ Off the Record podcast in August.
21 Savage said: “I’d say you lame for agreeing with anything that n**** (6ix9ine) say.”
Wack responded: Ok, so you mean lame, cause y’all lingo a little different, what you mean by ‘I’m lame’ what you mean?”
The exchange continued before Wack said: “21, respectfully nephew, I know you and we always been solid.
“Me and you both know if you was standing in front me right now, you wouldn’t have that energy (sic). N****, I will beat yo muthaf***kin little ass, you little biddy ass boy."
Wack ranted: “We can get down, Blood. I come to Atlanta, you can come to LA. We can get down wherever you want to get down – I will beat yo ass."
The rapper called on 21 Savage to respect him.
A month after the confrontation, Wack claimed he had around $43million worth of deals on the table for Tekashi 6ix9ine, according to XXL.
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