Posted: Thursday 14th August 2014 at 12:36 pm

Akon and His Younger Are Officially Broke???

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It seems like hard times are coming and they might be coming to stay. It just over a year and Akon was among the top 3 richest African entertainers in the world, but that seems to have changed.

According to TMZ, the repo man is coming for Akon’s Ferrari 458 Italia claiming singer and record label exec owes $250k on his lease.

The car is actually worth $225k but the total cost of the lease is a whopping $360k!

Also his younger brother, record exec Bu Thiam, who is also Chris Brown’s manager, has lost his Georgia mansion after falling behind on property taxes. The 5 bedroom, 5 1/2 bath, 4,659 sq foot house sold at auction for $500k. Bu paid $708k for the home in 2011.

What’s happening???

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