Cyrus Langhorne
G-Unit boss 50 Cent is reportedly sitting on at least $10 million despite a publicized bankruptcy filing this summer.
New documents claim Fif has around $25 million in assets with $10 million sitting in banks.
His assets according to court records, though, total around a cool $25 million, including $10 million in various bank accounts. The records, published by Buzzfeed, also claim that 50 owes creditors more than $32.5 million dollars. His expenses, which range from lawn maintenance on his 21-bedroom Connecticut mansion to $12,000 a month in child support (he has two sons, Marquise and Sire), allegedly leave him with a comparatively modest gross income of $76,969.58. (Billboard)
Recent reports claimed Fif appeared in a bankruptcy court Monday (August 3) and said his expenses totaled $108,000 every 30 days.
He has a monthly income of $185,000, mainly from royalties and interest on his investments. His Monday court filing says he also owes money to his stylist, his barber and his fitness coach. (AP)
Reports also claimed Fif spent over $70,000 on maintaining his home.
Other monthly expenses for the Power actor include $72,000 a month for his 50 room mansion, including utilities, mortgage, property tax and insurance. Additionally, Jackson spends $9,000 for security, $5,000 for gardening, $1,000 for grooming and another $3,000 in wardrobe per month. (People)
Last month, a jury hit 50 Cent with a hard $2 million decision in a publicized sex tape case.
The jury announced the judgment in NYC on Friday. 50 already got hit with a $5 million judgment in the case earlier this month … which lead to him filing for personal bankruptcy. UPDATE: 50 Cent’s attorney has released a statement saying the rapper plans to fight the judgement hoping to “reduce the size of the award.” (TMZ)
HipHop has turned into an economic analysis. Bitch we don’t care about another nigga pockets, where the music at? The best MC’s lived in public housing, fuck outta here
shut up you are a wannabe.. these rapper analyse their own finances in their songs when they lie about how much they got. we was all thinking 50 cent got 150 million so its only right for these media outlets to let us know whats up
Being worth $150 never meant he had $150 million in the bank. If u think Diddy have a half of billion in his acct then u an idiot
dummy i know that but his raw cash and assets aint even up to 150.from what we seeing now, its not even up to 40 million
And eminem says he kills all types of people, he must be telling the truth. FOH you a wannabe. Rappers been lying for year where tf you been.
You mean Slim Shady? The reason why people don’t hold Em accountable is because they know he is not the one saying all these things.
But when it comes to people like 50 and Ricky, there is no separate character. Its all 50 in the songs. Em has made it known from Day 1 that he has split personalities. Remember this lyrics from Em: ‘half the shit I say, I just make it up’
Slim Shady, Eminem and Marshall are all the same person. The nigga don’t change cuz his name did. And if you want to be that petty, I can quote “Eminem” saying some off the wall shit. 50 and Ricky are their seperate characters. Most these mainstream niggas in hiphop are characters, haven’t you figured that out yet?
That was back in the days when you couldn’t make a lot of money. Since these rappers can make their own recordlabels and you can make money out of everything it’s all about the money. Nobody really gives a fuck about the message in the music.
Sad but true. Then again it’s not just the message now. Delivery, and flow sell the most. I.E. Drake
Don’t believe what the media or court report says. 50 is not stupid to keep all his money in his personal bank account when he knew he have lawsuit comin forward him. This guy have a foreign swizz bank account and others that US govt or Forbes can’t touch. Let remind ourselves that he gave the best lawyer. Adviser and accountant in the world. Oh I forgot to tell yll. There is a vault and bunker in his mansion
you dont know shit. terms of his bankruptcy means he cant lie about anything. if the government finds out, he is in trouble and big trouble so what he has shown on paper is what hes worth.
Yea cause 50 always tell the truth. smdh lmao
hopefully this time for his sake he is. Don’t wanna lie under oath to government/irs about your money ask Wesley.
Wesley was convicted on on BS failing to file on a timely manner. He was acquitted of tax evasion.
lol Who cares?
He got more than that. Stop stalling cuzzo
Lol 50 can’t even fake being broke. This was a good idea but I don’t see it happening.
shut up you are a wannabe.. these rapper analyse their own finances in their songs when they lie about how much they got. we was all thinking 50 cent got 150 million so its only right for these media outlets to let us know whats up
Being worth $150 never meant he had $150 million in the bank. If u think Diddy have a half of billion in his acct then u an idiot
dummy i know that but his raw cash and assets aint even up to 150.from what we seeing now, its not even up to 40 million
That was back in the days when you couldn’t make a lot of money. Since these rappers can make their own recordlabels and you can make money out of everything it’s all about the money. Nobody really gives a fuck about the message in the music.
You mean Slim Shady? The reason why people don’t hold Em accountable is because they know he is not the one saying all these things.
But when it comes to people like 50 and Ricky, there is no separate character. Its all 50 in the songs. Em has made it known from Day 1 that he has split personalities. Remember this lyrics from Em: ‘half the shit I say, I just make it up’
Don’t believe what the media or court report says. 50 is not stupid to keep all his money in his personal bank account when he knew he have lawsuit comin forward him. This guy have a foreign swizz bank account and others that US govt or Forbes can’t touch. Let remind ourselves that he gave the best lawyer. Adviser and accountant in the world. Oh I forgot to tell yll. There is a vault and bunker in his mansion
you dont know shit. terms of his bankruptcy means he cant lie about anything. if the government finds out, he is in trouble and big trouble so what he has shown on paper is what hes worth.
Yea cause 50 always tell the truth. smdh lmao
hopefully this time for his sake he is. Don’t wanna lie under oath to government/irs about your money ask Wesley.
Wesley was convicted on on BS failing to file on a timely manner. He was acquitted of tax evasion.
Really
lol Who cares?
He got more than that. Stop stalling cuzzo
Lol 50 can’t even fake being broke. This was a good idea but I don’t see it happening.
I still don’t understand. Before the Vitamin Water deal he was already caked up. He had at least 50 millions dollars. I don’t understand how he can have just 10 million in banks now. You won’t see Diddy or Jay-Z downgrade to that amount of money.
Probably a lot of failed ventures. SMSAudio and the boxing shit. Still that is a huge drop in revenue.
I thought Marquise is over 18 now how is he still paying child support for him?
shits till 21 now long as they living home still
Really
I still don’t understand. Before the Vitamin Water deal he was already caked up. He had at least 50 millions dollars. I don’t understand how he can have just 10 million in banks now. You won’t see Diddy or Jay-Z downgrade to that amount of money.
I thought Marquise is over 18 now how is he still paying child support for him?
shits till 21 now long as they living home still