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Rapper 50 Cent Files for Bankruptcy 

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  #1  
Old 07-13-2015, 12:21 PM
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Rapper 50 Cent Files for Bankruptcy

Curtis James Jackson III, the rapper better known as 50 Cent, filed for chapter 11 bankruptcy protection Monday.

In court papers filed in the U.S. Bankruptcy Court in Hartford, Conn., Mr. Jackson reported assets and debts each in the range of $10 million to $50 million.

The attorney listed on the bankruptcy petition couldn’t immediately be reached for comment Monday.

The filing comes days after a jury directed Mr. Jackson to pay $5 million to a woman who sued over a sex tape, the Associated Press reported.

http://blogs.wsj.com/bankruptcy/2015...or-bankruptcy/

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Old 07-13-2015, 12:28 PM
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Re: Rapper 50 Cent Files for Bankruptcy

Guess he dont got...50 cents

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Old 07-13-2015, 01:37 PM
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Re: Rapper 50 Cent Files for Bankruptcy

This news is equivalent to Kim kardashian having another baby and Bruce Jenner being weird..

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Old 07-13-2015, 03:58 PM
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Re: Rapper 50 Cent Files for Bankruptcy

Don't you mean "fiddy cent"

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Old 07-13-2015, 04:04 PM
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Re: Rapper 50 Cent Files for Bankruptcy

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Originally Posted by invertigo View Post
Don't you mean "fiddy cent"
More like fiddy lira.

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Old 07-13-2015, 05:23 PM
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Re: Rapper 50 Cent Files for Bankruptcy

These people are fucking idiots plain and simple.

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Old 07-13-2015, 06:42 PM
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Re: Rapper 50 Cent Files for Bankruptcy

I like that show Power though. He is executive producer and a lead actor on the show.
So many rich folk just can't seem to manage their money. It does get hard once you get a lot of it. It is easy to spend and people take advantage of you.
I hope he gets it worked out.

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Old 07-13-2015, 06:52 PM
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Re: Rapper 50 Cent Files for Bankruptcy

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Originally Posted by morbid75 View Post
I like that show Power though. He is executive producer and a lead actor on the show.
So many rich folk just can't seem to manage their money. It does get hard once you get a lot of it. It is easy to spend and people take advantage of you.
I hope he gets it worked out.
i think the more common issue, especially with pop stars (yeah i know he's a hip hop artist but hip hop is pop music in the usa) is they don't seem to realise that the people who buy their middle of the road crap have an attention span of a few years and no loyalty to artists or a scene (pop isn't even a scene). So basically what i'm saying is that unless they are actually musical geniuses who are prepared and able to evolve with pop music they have a shelf life of only a few years.....

spending 20 million on a house is all well and fine as long as you continually have millions coming in to maintain it and keep on living the lifestyle.... but if you stop selling albums by the truck load you're gonna be fucked pretty quickly

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Old 07-13-2015, 06:55 PM
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Re: Rapper 50 Cent Files for Bankruptcy

btw, that's a seriously fucking awesome house!!!!

$9 999 999 and fifty cents

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Old 07-13-2015, 06:59 PM
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Re: Rapper 50 Cent Files for Bankruptcy

He was apparently worth 150 mill at one point. Looks like he fucked up. 50 cent going bankrupt makes zero cents.

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