What Money Crunch? 50 Cent Flaunts New Mansion: “I’ll Explain Later” [Video]

Written By Cyrus Langhorne

50 Cent
1.7k Views 2 Comments

G-Unit boss 50 Cent reportedly has fans wonder what he has up his sleeve after revealing footage of a new African home.

Fif revealed he had a house being built on social media this weekend.

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A few days ago, Fif asked for permission to dig into his pockets to handle a few utility statements for his Connecticut home.

50’s in a corner … the bankruptcy judge has him in a straitjacket, prohibiting the mogul from paying even the most basic bills without court approval. He’s asking for permission to pay his electric, gas, trash removal, cable, Internet and phone bills so he doesn’t get shut down. (TMZ)

Recent reports claimed Fif appeared in a bankruptcy court in early August 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)

Summer reports 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)

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Written by Cyrus Langhorne

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