Tyrese Reportedly Spent $4M On Mansion Prior To Claiming He Was Broke

BYAron A.4.2K Views
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Actor/rapper Tyrese Gibson attends the GQ 20th Anniversary Men Of The Year Party at Chateau Marmont on December 3, 2015 in Los Angeles, California.
Reports say his financial issues stemmed from the purchase of a mansion.

One of the biggest news stories of the year was Tyrese's legal saga. For months, we watched Tyrese put his personal life out for the world to view while he fought for custody of his daughter. At first, it was hilarious especially because of the amount of videos and activity he had on social media. However, after a while, it really just became a sad thing to watch. One thing that stood out was the claim that he went broke because of legal fees but a new report shows there may have been another factor involved.

Tyrese reportedly spent $4 million on a new property in Atlanta a few months before he claimed he was broke, according to a report from TheBlast. The entertainer copped a 18,000 sq. ft. mansion that had 7 bedrooms as well as 9.5 bathrooms in it. The home was initially $4.495 million but he managed to get it for an even number. They say the property was bought under  Tyrese's company, Voltron Enterprises Trust. 

In addition to the amount of rooms and bathrooms available in the house, the property is apparently four levels high and includes a four car garage, a theater room, gym billiards room and a wine cellar fit to store 4000 bottles.

During his custody battle, Tyrese once claimed that Will Smith and Jada Pinkett gave him $5M for his legal fees but was later rebuked by sources close to the Smith family that said they did not give Tyrese any amount of money.


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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