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.
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.
NEW YORK, NY. (THECOUNT) — Tens of thousands of New York Knicks fans flooded streets…
LOS ANGELES, CA. (THECOUNT) — Fans of Ariana Grande are expressing concern on social media…
LOS ANGELES, CA. (THECOUNT) — Tyra Banks has filed a defamation lawsuit against Netflix, alleging…
DARKE COUNTY, OH. (THECOUNT) — William Huntington, 57, of Ansonia, Ohio, has been identified as…
RENVILLE COUNTY, MN. (THECOUNT) — Blaine Skyler Minkel, 33, of Hector, Minnesota, was killed in…
DEARBORN COUNTY, IN. (THECOUNT) — Jordan Walters, 33, and Sierra Walters, 33, of Milan, Indiana,…