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He continues to invest in tech companies and even owns shares in Twitter according to some recent interviews in 2020. MC Hammer blew $70m on gold hot tub, statues of himself & pool - mirror Despite his bankruptcy, Burrell continues to release music and invest in various tech startups but has not reached the same level of wealth as during the peak of his musical career. He is also the first rap artist to achieve Diamond status for an album. The property is located in the hills above the rough Oakland neighborhood where he grew up. Despite the big names, only about 1,500 people, mostly with ties to prominent tech investors, had access to the chat. The most popular dance the year you were born - Insider MC Hammer took a shot at entrepreneurship, however he was not able to make a significant fortune from his business endeavors. The video for "2 Legit 2 Quit" featured so many celebrity appearances that it is ranked as one of the most expensive videos ever made. Published on 3/30/2014 at 11:44 AM. In 1996, it was reported that he filed for Chapter 11 bankruptcy protection with debts totaling $10 million and assets totaling $1 million. The singer has 5 children. Mc Hammer Net Worth and Life Story (Updated 2022) - Project Hatch Do I have regrets? The end result is what matters. During an Oprah interview, Hammer revealed he's always been a technophile to the point where he claims he was hanging around YouTube when "their offices were on top of a pizza parlor and only had three or four computers." Mc Hammer is an American rapper, entertainer, and dancer. He bought a property in Fremont, California for $12 million and spent another $30 million on renovations to turn it into his dream mansion. Burrell graduated from McClymonds High School in Oakland and then joined the U.S Navy. Hammer has just shy of 3 million followers on his Twitter account, @MCHammer, and tweets about 30-40 times a day. But at the same time, I'm sad "I had an up-close and personal conversation with God and he spanked me. But, rather than get him a present, we've opted to gift something .