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 Continue reading
Burt Reynolds is broke and auctioning off over 600 of his most prized possessions, including a Golden Globes trophy.
Due to poor business decisions, the fire sale will put a slew of the movie star’s personal items under the gavel, including artwork, signed photographs and even the red jacket Reynolds, now 78, donned in Smokey and the Bandit II.
In a foreword in the catalogue, the Deliverance star says: “I’ve collected so many things that I truly adore but at this stage in my life I find it very difficult to manage them all.