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MC Hammer’s net worth currently stands at an estimated $2 million, according to Celebrity Net Worth.
The rapper, born Stanley Kirk Burrell, is facing legal troubles related to vehicle payments, according to The Independent.
For those unaware, MC Hammer's 1990 album Please Hammer, Don’t Hurt ’Em went diamond and brought him massive wealth. However, by 1996, he filed for bankruptcy with over $10 million in debt.
Lawsuit over allegedly missed Land Rover payments
MC Hammer is currently being sued by JPMorgan Chase Bank for allegedly defaulting on payments for a Land Rover bought in 2023.
The lawsuit, filed on July 31, 2025, in San Joaquin County Superior Court, states that Hammer took a loan of $114,376.90, agreeing to 60 monthly payments of $2,433.97 starting in May 2023.
However, he allegedly stopped making regular payments in May 2024, with his last payment noted as July 14, 2025. The remaining balance is $76,732.79, and although the bank demanded the return of the vehicle, it reportedly remains in Hammer’s possession.
Hammer and his company, U Cant Touch This LLC, are listed as defendants. The legal dispute unfolds amid images surfacing that show the Land Rover parked at his home in Tracy, California.
MC Hammer: A journey from fame to financial caution
Hammer’s skyrocketing rise in the late 1980s and early 1990s made him one of music’s biggest stars. By 1991, Hammer earned roughly $33 million in a year, comparable to nearly $70 million today.
Trending By 1996, Hammer’s financial collapse led to bankruptcy filings listing over $13 million in debt with minimal assets. In subsequent years, he faced tax liens, over $800,000 owed to the IRS, and court rulings redirecting his income directly to federal authorities before he could benefit.
Despite these hardships, Hammer has participated in Christian ministry, pursued tech investments, reportedly in companies including Twitter, and returned to music with a major tour in 2019, his first since the early 1990s.
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