Lil Wayne and Chris Brown headline a listing of celebrities who misused funds from the Shuttered Venue Operations Grant, designed to assist venues and humanities teams through the pandemic.
Based on The Enterprise Insider, they went on costly journeys, purchasing sprees, lavish events, and self-pay at the price of on a regular basis taxpayers. Celebrities who acquired grants embody Rae Sreummurd, Steve Aoki, and Marshmello.
The legislation was enacted by Donald Trump in 2020, permitting artists to acquire as much as $10 million for “peculiar and mandatory” bills. Nonetheless, it required a good-faith assertion from the Small Enterprise Administration, highlighting a 25% loss in income between matching quarters in 2019 and 2020.
The report notes Lil Wayne acquired $8.9 million, which he used to purchase $460,000 in designer garments, $2.14 million to repay the debt owed to his former supervisor Cortez Bryant, and $1.3 million for private personal jet use. Throughout a $8,000 purchasing journey at Dover Avenue Market, Wayne bought a Balenciaga sweater, Rick Owens sneakers, and extra. There was additionally a close to $15,000 charge to a thriller lady.
Chris Brown acquired the total $10 million for CBE touring, paying himself $5.1 million and $80,000 to cowl the price of his thirty third celebration.
Rae Sremmurd acquired $7.7 million for Sremm Touring, which a majority went towards paying the duo.
You may see the total report right here.
