Fivio Foreign Explains What He Did With His 1.7 Million Signing Bonus

BYLavender AlexandriaPublished on February 08, 20242.5K Views

NEW YORK, NEW YORK - DECEMBER 30: Fivio Foreign attends Hot 97 Winter Jam on December 30, 2023 in New York City. (Photo by Johnny Nunez/WireImage)

Fans in the comments clowned him for some of his choices.

Stories of rappers falling to financial irresponsibility are pretty common in hip-hop. Many rappers have regrettable stories spawning from the financial choices they made earlier in their career. Thankfully, many have taken the opportunity to try and pass some of that financial wisdom along to their peers to prevent them from making the same mistakes. During a recent interview, Fivio Foreign opened up on what he did with his early signing bonus and what he wished he'd known at the time.

The first thing he reveals he purchased is a nearly $100k bulletproof truck. He describes that as the "smartest" decision he made with his money. He also explains that he spent tens of thousands of dollars on chains. But the biggest mistake in his eyes is that he put his money into renting a house instead of buying one. He explains that he didn't really process the difference he just wanted to move somewhere quickly. Check out the full videos of him explaining his financial decisions after cutting his deal below.

Fivio Foreign On What He Did After Signing His Rap Deal

In the comments, fans are pretty skeptical of Fivio's choices. In particular, they take issue with him calling his bulletproof truck purchase the smartest move he made. "The smartest thing he did from 350,000$ was purchase a 100,00$ bullet Proof truck…. Unbelievable" one of the top comments on the post reads. "That was the “smartest thing”?" another comment agrees.

Other comments just pulled up with jokes. "I have so many thoughts ,but it’s black history month and I’m not gonna bash my bros lol" and "I ain’t heard nun about paying taxes" two of the top comments on the post read. Fivio Foerign is gearing up to release his new album this weekend. Despite sharing a release date with volume 1 of Kanye West's new album Vultures and Usher's highly-anticipated new project, Fivio isn't moving the release date. What do you think of Fivio Foreign's explanation of how he spent the money from signing his rap deal? Let us know in the comment section below.

Read More: Fivio Foreign & GloRilla Link Up

[Via]

About The Author

Lavender Alexandria

Lavender Alexandria is a music and culture journalist based in Los Angeles, California. She’s covered dozens of musical genres and styles from the most mainstream to the most experimental and underground on her blog and accompanying YouTube channel that looks at music, pop culture, and Billboard charts since 2017: Lav’s Music Corner. Lavender has produced editorial and listicle content both in written and video form over the past far years and has also interviewed up-and-coming artists like Censored Dialogue. Her experiences covering culture have taken her from Hyperpop parties in LA to underground rap shows in Atlanta, to DIY punk shows in Charlotte. Lavender has also written for iHeartRadio, covering some of the biggest artists in Hip Hop such as Ice Spice, Drake, Doja Cat and Cardi B. She also has bylines with ScreenRant and continues to write for Ringtone magazine. Lavender is a lifelong Charlotte Hornets fan and her favorite rap artists include Clipping, Little Simz, Earl Sweatshirt, and Kendrick Lamar.