Young Thug Takes A Big Loss After Selling Atlanta Mansion For $1.8M: Report

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Young Thug performs onstage at the STAPLES Center Concert Sponsored by SPRITE during the 2018 BET Experience on June 23, 2018 in Los Angeles, California.
Thugger lost over a milli on the sale of his seven-bedroom home in ATL.

Young Thug's facing a few financial problems these days. Just a day after news broke that he was hit with a $145K tax lien, it's now being reported that he's also taken a huge loss in the sale of his mansion in Atlanta. According to The Blast, the rapper's seven-bedroom, 11-bathroom home in Atlanta was going for $3M back in November and he's had a bit of a struggle selling the spot. After months of trying cutting the price down, the rapper reportedly found a buyer that bought the mansion for $1.8M. 

The mansion, which was described as "an entertainers delight! Former Celebrity Home. Million Dollar renovation nestled in an exquisite gated mansion," was originally purchased for $2.75M in 2016 so he lost nearly $1M. However, the home already had flaws in it by the time it was purchased, according to Thug. Back in 2017, the rapper sued the real estate agent for trying to sell him on a home that he claimed had any flaws the company failed to disclose. He filed a countersuit against Heritage Select Homes who claimed Thug refused to make a $2.2M payment in March 2017.

Thug made several claims against the company including working with the real estate agent to get an inspection firm that wouldn't tell him the issues of the home. He also claimed that they knew about the problems but never disclosed it. The case is ongoing. 


About The Author
Aron A. is a features editor for HotNewHipHop. Beginning his tenure at HotNewHipHop in July 2017, he has comprehensively documented the biggest stories in the culture over the past few years. Throughout his time, Aron’s helped introduce a number of buzzing up-and-coming artists to our audience, identifying regional trends and highlighting hip-hop from across the globe. As a Canadian-based music journalist, he has also made a concerted effort to put spotlights on artists hailing from North of the border as part of Rise & Grind, the weekly interview series that he created and launched in 2021. Aron also broke a number of stories through his extensive interviews with beloved figures in the culture. These include industry vets (Quality Control co-founder Kevin "Coach K" Lee, Wayno Clark), definitive producers (DJ Paul, Hit-Boy, Zaytoven), cultural disruptors (Soulja Boy), lyrical heavyweights (Pusha T, Styles P, Danny Brown), cultural pioneers (Dapper Dan, Big Daddy Kane), and the next generation of stars (Lil Durk, Latto, Fivio Foreign, Denzel Curry). Aron also penned cover stories with the likes of Rick Ross, Central Cee, Moneybagg Yo, Vince Staples, and Bobby Shmurda.
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