50 Cent Files For Bankruptcy

50 Cent

50 Cent has consistently made annual Forbes lists, but apparently, his money is drying up... and has filed for bankruptcy.

Just days after he was ordered to pay up $5 million over a sex tape, featuring the baby's mother of rival Rick Ross, the hip-hop mogul filed Chapter 11 bankruptcy in Connecticut.

According to Page Six, Fif (real name: Curtis Jackson) has $10 to $50 million in assets and $10 to $50 million in liabilities. It also puts his creditors at between 1 and 49.

Last year, 50's bank account was frozen after he failed to pay a $17.2 million judgement to former business partner Sleek Audio, who claimed stole their design for his SMS Audio headphones line.

Forbes recently estimated his net worth somewhere around $155 million.

  • Kyle Rayner

    Damn 50. All that Rick Ross sh*t backfired on your ass, while Mayweather is laughing all the way to the bank. LMFAO

  • Makadam

    Damn Homie! In High School, you was the man, Homie!...

  • Bop it_Twis it_Pull it

    He literally has 50 cents in his pockets at all times

  • Poverty Should Never Speak

    the 3 broke dudes who commented under me know nothing about the world of money and how it works.
    He is not broke. Show this article to your financial advisor if you have one.. which I doubt... and see what he or she tells you....smh do you idiots know how many times Donald Trump has filed for bankruptcy just to name a few?

  • Makadam

    Dummy, Donald Trump has not filed for bankruptcy for himself, it was for his businesses. Curtis filed for his business and now himself. This is for Curtis Jackson's assets and liabilities, not G-Unit/SMS/Boxing/whatever the hell. You big dumb dummy. 50 is going to have to take this L like anyone else in this position and move on. Stans like you who cite shit that you yourself didn't bother to read won't change that. Dummy.

  • chappedlippz

    Bankruptcy does not mean you broke