We Know Why Tyrese Is Going Broke
Tyrese Gibson has been on one heck of an emotional rollercoaster lately, but now comes clarity when it comes to his finances.
According to TMZ, legal documents detailing his finances has been released. It's all apart of his ongoing custody battle with his ex-wife Norma Gibson.
The actor/singer reportedly earns $105,686 each month. Seems like a lot doesn't it? That's because it is! Here's where the problem comes in for Tyrese, he's spending more than what he earns at $107,576 per month.
Gibson reportedly has $884,658 in the bank and his property is worth approximately $1.7 million, so he's not broke yet. At the rate he's going, it's imminent if he doesn't scale back on his spending. On top of all of that, he owes his lawyers $133,750.
We hope he gets it together because getting rid of a few luxuries is better than not having money in the bank.
[Source: TMZ]