Things aren’t looking so good for 50Cent this week!
Just days ago we reported that 50 lost the lawsuit with Rick Ross baby mama Lastonia Leviston, and was order to cough up $5 million dollars for releasing the sex tape she was in.
Things went from bad to worse because thanks to the lawsuit, 50 was supposed to hand over his financial records so the courts could calculate how much they would award Lastonia for punitive damages in addition to the 5 milli!
We guess 50 wasn’t tryna hand over all his info because he filed for bankruptcy instead! He supposedly has $10-50 million in assets and $10-50 million in liabilities. Chile that does not sound good!
This puts his creditors between a 1 and 49. We can’t forget that 50 was also sued last year by a headphone manufacturer that claimed he stole their design. He had to pay 16.1 million!
We hope he gets it together. What are your thoughts? Let’s chat!
Sources Cited: Fox News
http://www.foxnews.com/entertainment/2015/07/13/50-cent-is-centsless-rapper-declares-bankruptcy/
TSR Staff: Chinny!! @Miss_ChinChin on IG!
2 Comments
I wondered why he was always digging in on the hardships/mishaps of others in the industry. Now it all falls into place. When I thought he was just hating – he was just misery loving company.
That’s good for his Ass, Fifty is a relentless trouble maker. I saw that video and it was wild. He put that female out there just to get at Rozay. He picks on people way to much like a female. Men don’t act like that, he messed with the wrong one when He tried Jadakiss, because he did a record with jarule? Jadakiss tore his Ass up. He is a female who stifle his team so only he can be on top. Lloyd Banks is Nice but fifty never let him blow up, so off with his head, dummy!