Biography & Early Wealth Journey

(Gustavo Caballero/Getty Images)

(Gustavo Caballero/Getty Images)

According to the lawsuit, when the pair's business relationship began back in March of 2007, they had an "oral agreement at the time," which stated that Latium Entertainment would receive ten percent of Pitbull's revenue from "all business derived from activities on which Chavez worked, regardless of when those revenues were received," which included activities such as recordings, publishing and performances. There were no issues with the ten percent payment during the pair's eight years of working together, according to the suit.

The issues began to arise for Chavez after the pair's business relationship ended in March of 2015. After the two split, Chavez stopped getting the ten percent payment from Pitbull, even on projects Chavez worked on. From 2007 until 2014, Chavez is credited on the credits of seven Pitbull albums as Pitbull's manager and executive producer. According to the suit, Chavez is owed publishing and recording money that totals over $1 million.

Primary Income Streams & Multi-Million Contracts

Neither party had a comment regarding the lawsuit.