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How MC Hammer Lost $70M and Went Bankrupt

Summary by CEO Today
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 ho…
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How MC Hammer Lost $70M and Went Bankrupt

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 ho…

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CEO Today broke the news in on Thursday, March 27, 2025.
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