50 Cent Tells Court That His Flashy Lifestyle Is All For Show


Apparently, 50 Cent has been playing the game with a low hand for quite some time.

RELATED: 50 Cent Cashes Out By Filing For Bankruptcy

The New York Daily News reported that when Fiddy (aka Curtis Jackson III) appeared in court yesterday (July 21) in regards to his Chapter 11 bankruptcy filing days after the $5 million lawsuit filed against him by Lastonia Levistion, for leaking a sex tape of her back in 2008, he told the judge that his extravagant $155 million lifestyle is really something like $4.4 million, according to his lawyer James Renard.

He supposedly rents/leases all of his cars (he got a Lamborghini, but only by trading in two other cars), and when asked about a 65-karat gold ring he posted to Instagram, he said that “It’s a borrowed piece of jewelry from the jeweler.” He also admitted to only being paid as much as $100,000 for appearances in movies like Spy and only pulled in $150,000 each from the first two seasons of Power. 

But what about record sales, I’m sure you’re asking? When the judge asked Jackson about the 38 million albums he moved, he replied with “I make 10 cents a record.”

Something’s fishy about this whole situation. Unless Jackson’s accountants screwed him out of a lot of money or he just pissed it all away, some of these numbers just don’t add up. Lewiston’s lawyer asked about his various endorsements, which he’s supposedly pocketed almost $300 million from, and his fabulous Connecticut mansion, complete with “21 bedrooms, 24 bathrooms, a basketball court, a movie theater and a personal nightclub.” Amid all of that, Jackson claimed to have signed a nondisclosure and “can’t mention the dollar amounts.” Hmm…

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