• Sat. Dec 21st, 2024

Hit-Boy’s Rise from Financial Hardship to Beverly Hills Homeownership

Photo Credit: Hit-Boy Instagram

The journey of Grammy-award-winning producer Hit-Boy is a testament to the ups and downs of the music industry. Recently, he shared an inspiring update that marks a significant turnaround in his life. Once struggling to make ends meet, Hit-Boy has now achieved a milestone by purchasing a property in Beverly Hills – the same one he couldn’t afford to rent a few years ago.

In an emotional Instagram post dated November 13, Hit-Boy shared a video from a meeting where he was planning the design of his “dream estate” in the prestigious Beverly Hills, CA. This comes as a stark contrast to his situation in 2017, which he had discussed openly on Akademiks’ podcast, describing a period of financial hardship despite his early success in the industry.

Video Credit: Hit-Boy Instagram

Hit-Boy’s financial woes started after his meteoric rise following the production of the hit song “N-ggas In Paris” for JAY-Z and Kanye West in 2011. Despite initial financial gains and success, he experienced a swift reversal of fortune. He described a moment of profound personal crisis in 2017, saying, “I turned up 2012, got dumb bread; by 2017, I was laying on my ground with zero dollars in my account after having millions, balled up in [the fetal position], crying. Nobody around me, by myself, and I was living in a mansion in Beverly Hills. I blew it.”

The root of his financial troubles was not wasteful extravagance but his generosity towards friends and colleagues. He found himself financially drained as he attempted to uplift those around him, a noble but unsustainable endeavor. This generosity led him to a point where his mansion in Tarzana, once filled with friends and collaborators, became a symbol of his financial downfall.

However, Hit-Boy’s narrative is one of determination and recovery. His latest achievement of purchasing a dream home in Beverly Hills signifies a complete turnaround from his days of financial and emotional struggle. His story serves as an inspiration, showing the unpredictable nature of success in the music industry and underscoring the importance of managing success with prudence and foresight. Hit-Boy’s journey from the depths of despair to his current success is a powerful reminder of the resilience of the human spirit.

View the podcast episode where Hit-Boy discusses his financial struggles with Akademiks.

Video Credit: Akademiks YouTube