50 cent bankruptcy papers show 7 cars, businesses in red
He had previously denied owning expensive cars and living more of a, er, fancy lifestyle in the Lastonia Leviston court case, in which he was ordered to pay $5 million in damages to Lastonia for allegedly buying her sex tape and posting it online without her permission.
For his 52-room 50,000 square-feet house, the rapper’s monthly expenses include $5,000 for gardening, $9,000 for security and $1,500 for pool maintenance, TMZ reported.
50 Cent owns seven vehicles, including a 1966 Chevrolet Coupe, a 2015 Chevrolet Suburban, a 2010 Rolls Royce Phantom Drophea, a 2005 Chevrolet Suburban, a 2008 Dodge Sprinter, a 2003 Chevrolet Suburban and a 2012 Suzuki Kizashi Sport. The property has been valued at $8.3 million (£5.3 million), according to court documents.
Instagram Despite a monthly income of $184,969, most of which comes from royalties and interest on investments, 50 Cent is saying that legal fees and lawsuit losses have cost him $25 million.
As of July 13, the businesses were in the black.
His album Get Rich or Die Tryin’ helped make him one of the world’s best-selling artists.
Share with Us – We’d love to hear eyewitness accounts, the history behind an article, and smart, constructive criticism.
Be proactive – Use the “Flag as Inappropriate” link at the upper right corner of each comment to let us know of abusive posts.