50 Cent has reportedly fallen on hard times. After being deemed as one of hip-hop’s cash kings for almost a decade, Fif filed for chapter 11 bankruptcy on July 13, according to reports. He reportedly has assets and debts that range between $10 and $50 million.

After a judge ruled that he pay Rick Ross’ ex, Lastonia Leviston, $5 million for intentionally releasing a sextape of her and being ordered to payout $17.2 million to Sleek Audio after it was determined he ripped off one of their designs, the “I Got Money” rapper is short on cash.

The G-Unit general filed for bankruptcy just two months after he ranked at no. 4 on the Forbes Five list, which listed the wealthiest people in hip-hop. His estimated net worth was $155 million thanks to his business ventures with SMS Audio, Effen Vodka, SK Energy and Frigo underwear.



Related Posts

McFly fans beg group to announce split

Faith Hill and Tim McGraw kick off C2C festival

V Festival replacement Rize Festival line-up announced

The Ed Sheeran song that people CAN’T stop crying over

(New Artist)Trillogy – The Real List

[New Music Video] Lipsia – Borracho


Reply comment

Your email address will not be published. Required fields are marked *