This bankruptcy case has been following 50 Cent like a bad itch. But, new reports state that his pockets are handling things quite well. According to TMZ, 50 Cent owes $23 million to creditors. He’s agreed to a payment plan that will, slowly but surely, pay his debt off over the next five years. Per the court agreement, 50 Cent is ordered to file his bank statements each month to prove where his money is going. G-Unit’s CEO paid $113,103.56 in bills and payments in November 2016, which included $1,267 to his youngest son’s mother Daphne Joy and $7,497 to Shaniqua Tompkins for child support. Also, 50 Cent paid SunTrust Bank $17,917.81 for his mortgage (which he owed $4.9 million) and a Bentley payment of $5,744.75. As for his income in November, 50 Cent received $33,361.02 in music royalties, a G-Unit check for $769.34, and a residual check for a “Simpson’s ” appearance for $16.68. With the success of “Power” and other ventures like Effen Vodka, 50 Cent should be able to pay his debt in full and start with a clean slate.
