50 Cent Bankrupt. Fresh court documents just put a spotlight on bankrupt rapper 50 Cents personal finances including details about his income his business investments and his spending habits. Curtis James Jackson III the rapper better known as 50 Cent filed for bankruptcy on Monday. 50 Cent was ordered to pay Lastonia Leviston 7 million this past July for posting a sex tape online without Levistons consent. 50 Cents bankruptcy case was resolved in July 2016 with the rapper to pay 23 million to his creditors over a five-year period.
50 Cent was brought to the brink of bankruptcy by some unfavourable business investments. The 40-year-old rapper Curtis James Jackson III filed for chapter 11 protection in the US. A US federal judge discharged the rapper from bankruptcy. Twelve years ago the idea of 50 Cent pleading for his financial life in bankruptcy court was inconceivable. Made bold by the level of success recorded by his fellow rapper Dre Jackson on Beats 50 went into collaboration with a company known as Sleek Audio. Bankruptcy Court District of.
50 Cent has assets totalling 2482389918.
The court rulings pushed his debt to 3250954991. James Curtis Jackson III otherwise known by his rap name 50 Cent is no longer bankrupt. Today his bankruptcy engenders not shock or pity but Nelson Muntz-like cackles of Ha. At the end of the day 50 Cent. Bankruptcy Court in Hartford Conn on Monday the same. 50 Cent has assets totalling 2482389918.