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.