Tyrese Sued By American Express For Unpaid Balance Of Over $61K: Report

Tyrese is facing more financial issues.

BYAron A.
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The past year has been relatively rough for Tyrese. Towards the end of 2017, he was involved in a messy custody battle with his ex-wife over their daughter. However, in the midst of it all, he revealed that he was having some financial troubles. At one point, he even thanked Will and Jada Pinkett Smith for giving him $5M for his legal fees in his custody battle, which was ultimately proven to be false. While the judge ultimately granted Tyrese and his ex joint custody of their child, Tyrese still has some financial issues he has to tend to.

TMZ reports that Tyrese is being sued by American Express for owing them a whole lot of cash. According to the report, Tyrese has an unpaid balance of $61,071.53 with the credit card company. The actor's financial troubles came to everyone's attention in November after his financial documents surfaced. He was making $105,686 a month but his monthly expenses totaled up to $107,576. At the time he filed these documents, it was revealed that he had close to $900K in the bank at the time as well as real estate property that was worth nearly $2M. In addition, he also copped a $4M home in Atlanta last year. 

Aside from his financial troubles, Tyrese has a lot to be thankful for. The entertainer is expecting his second child with his current wife Samantha. 


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About The Author
Aron A. is a features editor for HotNewHipHop. Beginning his tenure at HotNewHipHop in July 2017, he has comprehensively documented the biggest stories in the culture over the past few years. Throughout his time, Aron’s helped introduce a number of buzzing up-and-coming artists to our audience, identifying regional trends and highlighting hip-hop from across the globe. As a Canadian-based music journalist, he has also made a concerted effort to put spotlights on artists hailing from North of the border as part of Rise & Grind, the weekly interview series that he created and launched in 2021. Aron also broke a number of stories through his extensive interviews with beloved figures in the culture. These include industry vets (Quality Control co-founder Kevin "Coach K" Lee, Wayno Clark), definitive producers (DJ Paul, Hit-Boy, Zaytoven), cultural disruptors (Soulja Boy), lyrical heavyweights (Pusha T, Styles P, Danny Brown), cultural pioneers (Dapper Dan, Big Daddy Kane), and the next generation of stars (Lil Durk, Latto, Fivio Foreign, Denzel Curry). Aron also penned cover stories with the likes of Rick Ross, Central Cee, Moneybagg Yo, Vince Staples, and Bobby Shmurda.