​ Gucci Gang Better Have My Money: Lil Pump Owes IRS $1.6 Million in Taxes
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Gucci Gang Better Have My Money: Lil Pump Owes IRS $1.6 Million in Taxes

Precious Gibson by Precious Gibson
November 19, 2021
in News
Reading Time: 1 min read
lil pump

(Photo by Steven Ferdman/Getty Images)

Lil Pump is in hot water with the IRS after it was revealed that he owes over $1.6 million in unpaid taxes.

The “Gucci Gang” rapper rose to fame in 2017 with the release of the widely popular single. The record was Pump’s highest-charting record, peaking at No. 3 on the U.S. Billboard Hot 100 and was later certified five-times platinum by the RIAA. However, the young star obviously had no plans of giving the IRS their cut of his massive earnings.

New legal docs unveiled that Pump is at risk of losing his $5 million Miami mansion, as the agency has now placed a lien on it. The 21-year-old purchased the lavish home shortly after the release of his sophomore album, “Harverd Dropout,” which peaked at No. 7 on the U.S. Billboard 200. If Pump fails to clear up the $1.6 million debt, the IRS will seize the five-bedroom, 5,100-square-foot property.

In April, Pump was accused of owing almost $90,000 in back taxes from 2019. However, he slammed these claims at the time. He has not responded to news of his most recent tax debt.

It looks like Lil Pump better get to work on re-creating the viral magic that was “Gucci Gang” or risk losing his waterfront estate to Uncle Sam.

 

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Precious Gibson

Precious Gibson

Precious Gibson is the Editor-in-Chief of Baller Alert, leading editorial strategy and overseeing news, entertainment, and culture coverage with a focus on accuracy, relevance, and audience impact.

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