Jay-Z admits he refused to lend his cousin $4,800 and fans react.
Recently during a sit-down interview with Kevin Hart on his show, Hart to Hart, the billionaire admitted during the show that he refused to lend his cousin $4,800. The clip has been making its rounds on social media, and the clip has fans feeling some type of way.
According to Hot New Hip Hop, during the uncomfortable interaction between the two, his cousin accused Jay-Z of not being supportive of his dreams. Jay recalled that the cousin also expressed that the $4,800 would be an investment to bring in a profit of $2 million dollars.
Jay-Z’s current network is $2.5 billion dollars. Many people say he could have afforded to give his cousin the loan. It is interesting because Tyler Perry who is also a billionaire, recently admitted during an interview with Crystal Renee Hyatt on Keeping it Positive, that he is not open to lending family members handouts whenever they ask. He even admitted to family members sliding in his text messages begging for money!
Jay Z has people split on their opinions
One fan took to Twitter to express their feelings regarding Hov’s comments. The comment read, “Jay-Z has $2.5 billion dollars, his cousin asked for $4,800 and he said no. To put that into perspective, that’d be the equivalent of someone who made $50,000 a year being asked to give a dime.”
Meanwhile others on social media actually agreed with Jay, “The problem is once you say yes that first time, they always think they can come back to you for more,” one person wrote. “And it also makes the people around them feel more comfortable asking as well. They become dependent and it’s a very slippery slope.”
Whether Jay-Z gave the funds or not, the entire situation is a tricky one because family and money can end in various situations.
