Award-winning producer DJ Maphorisa is making headlines towards the backdrop of his financial woes. The celebrated DJ and producer has been caught in a mega jive together with his file label, Sony Music.
DJ MAPHORISA IN R20 MILLION DEBT, CLOSE SOURCES CONFIRM
Stories have it that the muso is embroiled in an R20 million debt with Sony Music. Nevertheless, little is thought about when he signed the mortgage settlement with Sony Music. MDN Information first reported on his monetary woes.
Taking it to X, previously Twitter, the superstar weblog posted, “DJ Maphorisa is reportedly in debt amounting to R20 million following a mortgage from Sony Music. Regardless of being an enormous shot within the music world, he’s allegedly struggling to pay again the money.”
The opposite a part of the publish reads, “Now, he’s reportedly acquired artists [whom] he feels he’s made, doing additional gigs to assist him out. Discuss passing the mic, huh?”
The publish has gained hundreds of feedback and reactions because it dropped on the web. Followers had been fast to flood social media with their two cents. Many had been greater than satisfied he might repay the debt, whereas others blamed his smooth spot for luxurious manufacturers.
Based on ZiMoja, DJ Maphorisa is reportedly in debt amounting to R20 million following a mortgage he took from Sony Music.
Regardless of being an enormous shot within the music world, he is allegedly struggling to pay again the money.
Now he is reportedly acquired artist he feels he is made, doing… pic.twitter.com/VXAZwBjGNU
— MDN NEWS (@MDNnewss) July 14, 2024
An in depth supply to ZiMoja has it that DJ Maphorisa’s monetary woes noticed him allegedly coerce some artists signed to his file label to tackle extra gigs.
The supply mentioned, “Some artists are bearing the brunt of Maphorisa’s debt as a result of he must pay up or else he stands to [lose] huge time. The debt is now outdated whereas he has promised to pay up.”
One other supply mentioned DJ Maphorisa took an advance from the corporate and is now struggling to pay it again.
The opposite supply added, “He took an advance from the corporate and was [adamant] he would pay it again. [However], he’s now struggling to pay it again, [including] the curiosity.”
The supply added, “He’s [DJ Maphorisa] scrambling to provide you with the cash and is having sleepless nights. He’s harassed as a result of he has to pay them again.”
MAKING HEADLINES
Nevertheless, towards the information, his spending sprees had been shortly implicated within the combine. DJ Maphorisa has splurged thousands and thousands of the world’s most interesting vehicles and designer clothes to cap his lifetime of glitz and glamour.
DJ Maphorisa as soon as hogged headlines when he flaunted one of many most coveted designer luggage on the earth, a Hermès Birkin Bag. The bag has a base price ticket of R480 000. DJ Maphorisa joins celebrities who personal designer luggage from the posh model, together with Kim Kardashian and Cardi B.