Even while incarcerated, DMX knows what is important:
From behind bars, the rapper is launching a major lawsuit against Rich Kid Entertainment. He claims that the company took 100% of his revenue when he signed with them 10 years ago. He alleges that they pocketed his payments instead of just taking the 10% they were owed.
Lawyers representing DMX filed the papers in Manhattan this morning, saying:
"DMX has sold over 30 million albums worldwide and has had No. 1 singles and albums on the Billboard charts, which in turn have generated a great amount of revenue for Defendants, but has left (DMX) with nothing."
And how did this all go unnoticed?
When you spend eight years in and out of prison, you see how much time you have for financial planning!
[Image via WENN.]
Tags: lawsuit, money, new york city, rapper, recording contract, rich kid entertainment, royalties