BALLER: Soulja Boy Drops $55M on Private Jet

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Either Soulja Boy is the biggest idiot of all time, or a lot smarter than people think because he even had this much to burn. Either way ... wow.

The rapper is dropping $55 MILLION on a PIMP ASS private jet, a member of Soulja's management confirms. It's a 21st birthday gift to himself.

The plane alone cost $35 million, but Soulja Boy cranked out another $20 million to pimp dat ride with all sorts of cool stuff. Gotta fly in style.

A Soulja Boy Pic

Also a waste of money? NHL merchandise.

Happy birthday to the hip-hopper in any case. Hope he's got a good finance guy.

Because you only turn 21 once, Soulja's also spending $300,000 to throw himself a blowout birthday party at a Miami nightclub tonight.

Dwight Howard, Bow Wow, and Sean Kingston are expected to attend.

[Photo: WENN.com]

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