50 Cent Files For Bankruptcy

By Ariel Cherie

Article Reprint

arrives at The Weinstein Company and Netflix Golden Globes afterparty held on January 11, 2015 in Beverly Hills, California.
arrives at The Weinstein Company and Netflix Golden Globes afterparty held on January 11, 2015 in Beverly Hills, California.

Who saw this one coming? Rapper-entrepreneur 50 Centfiled for chapter 11 bankruptcy today (July 13).

50 Cent (real name Curtis Jackson III) filed the court papers in the U.S. Bankruptcy Court in Hartford, Conn., with debts ranging from $10-50 million, according to the Wall Street Journal.

50 was just ordered to pay $5 million to Lastonia Leviston, the mother of Rick Ross’ child, for allegedly leaking her sex tape with the Bawse online.

The Queens rapper has made a helluva lot of money over the years, including $100 million from a deal with Glacéau. His Starz hit television show, Power has already been renewed for a third season.  He has a net worth of $155 million.

Article Appeared @http://chicagodefender.com/2015/07/13/50-cent-files-for-bankruptcy/

 

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