T-Pain is wishing he never slapped down 6 figures on his infamous "Big Ass Chain," but wants it to be a living cautionary tale for other rappers looking to ice up.
Mr. Penderazzdown was speaking with Oliver Tree on his Nappy Boy Radio segment when he admitted the hefty purchase ran him about $400k back in the day. The most painful part, though … he says the chain's now depreciated to about $200K!!! 😓
T-Pain relived the chain’s origin -- he says a random fan dared him to get the diamond-encrusted wonder with the words "Big Ass Chain," and he did it on a whim!!!
The fan still has never been ID'ed to this day, and T-Pain says he keeps the chain around as a reminder not to be dumb with his moolah.
Financial literacy and rapper's extravagant purchases are like oil and water, but Charlamagne Tha God recently set off the conversation about depreciating assets with a simple, yet hilarious, post.
Apparently, diamonds aren't forever!!!