MC Hammer’s Rise and Fall: From $70 Million to Bankruptcy
In the early 90s, MC Hammer was on top of the world. With chart-topping hits like “U Can’t Touch This” and “2 Legit 2 Quit”, Hammer amassed an estimated $70 million fortune at the height of his fame. But as quickly as the money poured in, it vanished. By 1996, the rapper, whose real name is Stanley Kirk Burrell, was forced to file for bankruptcy after racking up $13 million in debt.
So how did MC Hammer go from millionaire status to losing everything? The answer lies in a dangerous mix of extravagant spending, bad financial decisions, and mismanagement of his empire.
MC Hammer’s Meteoric Rise to Fame
MC Hammer burst onto the music scene in the late 80s and early…
