Celebrity

50 Cent Cashes Out By Filing For Bankruptcy

50 cent

*UPDATE: Hours after the announcement of his bankruptcy, 50 was allegedly filmed throwing wads of money in a strip club. So much for being broke:

All these power moves, and 50 Cent’s still turning the lights off?

RELATED: 50 Cent’s 6 Biggest Power Moves

Curits “50 Cent” Jackson III officially filed for Chapter 11 bankruptcy earlier this morning (July 13). The Wall Street Journal reported that court documents from the filing in Hartford, Connecticut indicate that he has assets and debts in the $10-$50 million range.

Jackson was recently court-ordered to pay $5 million to Lastonia Leviston for leaking a sex tape involving her and Forbes reported earlier this year that his net worth was approx. $155 million, so this filing is sus. Trying to hold onto those extra dimes and quarters, huh?

To Top