Private Jet Company to Jay-Z: Pay Up!
It's no surprise that Jay-Z only travels by private jet, but it may come as a shock to learn that Jigga Man isn't paying up. Air Platinum Holding, a private jet company, is suing the rapper for only paying for 37 hours of the 55 hours of flying time Jay clocked in on their airline in 2009. The Brooklyn emcee, whose real name is Shawn Carter, was supposed to pay roughly $250,000 -- a celebrity discount -- but only paid for a little more than half of the bill.
In addition to flaking on his payments, the airline claims that Jay didn't pay for a few other expenses. Air Platinum Holding claims that for 18 hours of flight time, he owes $81,000; for 17 domestic and four international flights, $11,500; for international fees, $8,500; for taxes, $12,285; and for a trip to England, $24,200. The total amount comes to $137,485, a lump sum that Jay is fully capable of paying as his income is in the 10-figure range and his two-week tour earnings nets him $9 million.
The private jet company was based in Miami, Fla. and owned by Mickael Cohen, who offered clients like Paris Hilton luxury services that included use of his yacht, condo and cars. The company went under when Cohen became involved in a handful of lawsuits, which prompted him to lose more than $1.9 million.
Despite his legal troubles, Jay is still making new business deals, with his latest venture seeing his company Roc Nation partnering with Skullcandy to produce a line of Roc Nation Aviator headphones. Most recently, Jay has been in the news following the Mayor's office canceling a surprise rooftop performance, as officials feared that an outdoor performance from the emcee might result in the same chaos that shut down Drake's free concert last week.