What we want to know around here is Curtis Jackson aka 50 Cent broke? Or is he just pulling a fast one on the judicial system? On Monday, August 3rd, 50 Cent filed court papers listing business losses of more than $10 million in 2013 and 2014. This comes after a New York City jury ordered him to pay $7 million in damages to Lastonia Leviston for posting a sex tape of her online. Of course, 50 Cent is one of hip-hop’s top earners. And as a Forbes list regular, the lifestyle he lives matches up to the zeros in his bank account. However, since filing bankruptcy, ole Fif has been singing a new tune. According to his court papers, 50 Cent monthly income is $185,000, which are primarily interest on investments and royalties. His expenses, on the other hand, total out to be approximately $108,000 a month. He has seven cars worth $500,000 and the Farmington property which is worth nearly $8.3 million. On paper, yes 50 Cent is in a bad predicament. The best thing for him to do was to file for bankruptcy. According to him, he still owes money to his stylist, barber and fitness coach. (He’s clearly being petty if he listed those menial things in the court papers). But 50 is smart man. Who’s to say he doesn’t have money in an offshore bank account somewhere. If we were making that kind of money, we would have one! 50 Cent is due back to court today (Wednesday). It’s going to be interesting to see how this place out. WHAT DO YOU ALL THINK? IS 50 CENT BROKE OR NAH? Source: Chicago Tribune
