50 Cent BANKRUPT After Blowing Through $150 Million Fortune

THECOUNT.COM "ALWAYS OPEN! Since 2005!" - July 13, 2015

After spending his vast fortune like a drunk sailor and losing multiple lawsuits, 50 Cent has officially declared bankruptcy.

50 Cent, whose real name is Curtis James Jackson III, recently lost a lawsuit to fellow rapper, Rick Ross‘ baby mama, Lavonia Leviston, who was awarded $5 million in a jury verdict against him.

50 cent bankrupt

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According to the bankruptcy filing, 50 says his assets are valued between $10 and $50 million but his liabilities are also between the same range. On top of that, 50 lost a court case in which a jury socked him with a $17.2 million judgment over ripping off a headphones design. h/t  tmz

In May, Forbes estimated 50’s net worth at $155 million.

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