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Nicki Minaj Shuts Down Rumours She’s 'Broke' After Calling Out Jay-Z over Alleged Debt

LOS ANGELES COUNTY, CALIFORNIA, JUL 12 – Nicki Minaj declined a Recording Academy board seat to maintain her principles despite 12 Grammy nominations and no wins, stating her integrity would be compromised, she said.

  • Nicki Minaj publicly alleged that Jay-Z owes her $200 million related to her stake in Tidal, while also addressing and dismissing rumors about her financial struggles in 2024.
  • These allegations arose amid Minaj's rising tensions with industry figures and followed an invitation from the Recording Academy, which she reportedly declined before releasing Pink Friday 2 in December 2023.
  • Minaj emphasized her financial stability by announcing the purchase of her third property in two years and criticized Roc Nation CEO Desiree Perez amid ongoing industry disputes.
  • She expressed gratitude for being invited to join the Recording Academy's board, describing the offer as extremely kind, but declined to maintain her principles, questioning the idea of serving on the board without having won a Grammy and jokingly challenging JayZ to help resolve what she called her "karmic debt."
  • Minaj's public stance spotlights her continued assertiveness in business and personal matters and suggests ongoing friction with key industry figures ahead of potential future projects and performances.
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theJasmineBRAND broke the news in on Friday, July 11, 2025.
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