What 50 Cent's Life Looked Like Before He Went Bankrupt

by
editors
Here’s how 50 Cent, one of the wealthiest hip-hop artists in the world, lived his life before he conveniently went "bankrupt."

If you haven’t been living under a rock, you might have come across news that rapper 50 Cent has filed for bankruptcy – just days after a jury ruled that he must pay $5 million to Lastonia Leviston in a sex tape case.

The hip-hop artist reported in court papers that he has assets and debts in the range of $10 million-$50 million, according to the Wall Street Journal. In May, Forbes estimated 50 Cent's net worth at $155 million.

While many people assume 50 Cent is indeed broke, that may not be the case. In fact, filing for bankruptcy will just give him ample time to come up with the $5 million he has to give Leviston.

“This filing for personal bankruptcy protection permits Mr. Jackson to continue his involvement with various business interests and continue his work as an entertainer, while he pursues an orderly reorganization of his financial affairs," said William A Brewer II, 50 Cent's attorney in an official statement, adding his “business interests will continue unaffected in the ordinary course.”

Read More: Here’s Why Laughing At 50 Cent’s “Bankruptcy” Misses The Point

Even 50 Cent himself says the filing is supposed to be a "strategic business move," which basically means his lavish lifestyle will likely continue unchecked – and that means he would still be able to:

Buy expensive gold-plated shoes

 

It don't mean nothing, but you ain't got EM ??lol #EFFENVODKA #FRIGO #SMSAUDIO

A photo posted by 50 Cent (@50cent) on

And watches

 

I'm still GRINDING you know what time it is (sky Dweller) Time is Money. #EFFENVODKA #FRIGO #SMSAUDIO

A photo posted by 50 Cent (@50cent) on

Count half a million dollars to pass time

Smash iPhones

Drive luxury cars

 

We rolling got GET LOW playing ft Jeremih, Ti, and 2 chains. #EFFENVODKA #FRIGO #SMSAUDIO

A photo posted by 50 Cent (@50cent) on

 

Take luxury baths

And live in his mansion

 

I haven't been home in months. I been out here hustling. #EFFENVODKA #FRIGO #SMSAUDIO

A photo posted by 50 Cent (@50cent) on

50 Cent has sold more than 30 million albums and won a Grammy Award in 2010. The rapper’s latest film role is in the upcoming Southpaw, in which he plays a boxing promoter.

 

Carbonated.TV