Details About 50 Cent’s Financial Woes Revealed
Further details about 50 Cent's financial woes have come to light.
According to TMZ, new court docs say the mogul's G-Unit Records and G-Unit Brands have cost him more than $10 million over the last three years.
The two branches of G-Unit have been in the red over the last three years, coming out to $10.45 million in losses.
Other expenses include child support he pays to Daphne Joy for their young son, Sire. TMZ says by the time the kid is 18, Fif will have paid out $832,600... if the monthly payments stay the same.
Furthermore, 50 has more than $15 million in personal property, which does not include houses. And, he has $2.7 million in his checking account. His other monthly expenses include $5,000/month for gardening, $1,500 for pool maintenance and $9,000/month for security.
Just last month, 50 testified in court that his lavish lifestyle was a facade, created to support his hip-hop image. He claimed his cars (Lamborghinis, Bentleys and Rolls-Royces) were rented and his jewelry was borrowed.