The rapper 50 Cent has filed for bankruptcy.
Bad news below…
The rapper rose to globally recognised heights with the single ‘In Da Club’ but now finds himself in the red after he was forced to reveal that he is bankrupt.
TMZ reports:
TMZ has confirmed … 50 filed for bankruptcy on Monday, 3 days after Rick Ross‘ baby mama won a $5 million jury verdict against him.
50 is in a world of financial hurt. A jury awarded Lavonia Leviston the $5 mil after determining the rapper intentionally leaked a sex tape in which she was featured, in order to embarrass Ross.
50 has been ordered to produce proof of income and worth so the jury can determine punitive damages.
According to the bankruptcy filing — a story first reported by Page 6 — 50 says his assets are valued between $10 and $50 million but his liabilities are also between the same range.
On top of that, 50 lost a court case in which a jury socked him with a $17.2 million judgment over ripping off a headphones design.
Forbes now reports that the rapper is now worth $155 million.
Lmao???????????????????????? karma for that ass. Broke Banks
Tony Gayo
Curtis I’m Broke Jackson
G Unot.
Kiiiiii guess he spent all that vitamin water money on steroids Po’thang .
Smh 50 knows what he’s doing. He just lost a $5 million dollar lawsuit against him he just doesn’t want to pay…so he loses a multi million dollar lawsuit then a few days later files for bankruptcy, coincidence? NOT
Not surprised……. he should of learned from Bow Wow. SMH.
HASHTAG: #TheCiaraEffect #TheSubZeroToTheseNiggas 🙁
The Ciara obsession is real sis
Yo Janet obsession is too. Funky ho
No one gives a shittt about Janet I don’t bring her up in post that have nothing to do with her.
Yass tinashe stan drag ha!
Exactly poor Russell. He is already nobody of importance. He better look out. I know he wants publicity but dating the industry’s buzzkill will only make matters worst.
Love him!!!
His see definition of broke is still more than what you haters have in your bank account.
I don’t think you understand the definition of bankruptcy sis.
Not your f****** sis and I don’t give a f*** about what you think.
Karma for this Trollin Biitch kii.
You guys are really simple minded if you think he’s “broke”. It’s a very intelligent business move to declare bankruptcy after losing a suit worth that much. Maybe If many of you picked up a book and read something you would understand BUSINESS 101.
Well i for one know he isn’t broke or nowhere near that but im talking about the karma of him losing lawsuits. He been trying to embarrass Rozay and acting like a pressed troll. That was a piece of humble pie for his ass. Maybe this will teach him a lesson.
When will TI?
Doesn’t mean that he’s broke. Oh well, he brought this onto himself. Beyonce will be next.
Yea right f**
The obsession with Beyonce
though….I dont know why you
always want people to drag
Rihanna.
Oh the irony! When Rihanna almost went banrupt her damn self in 2009. Sit your dumb ass down.
*bankrupt*
That lawsuit mess is just pathetic. Intentionally leaking a s*x tape, really?
The obsession with Beyonce though….I dont know why you always want people to drag Rihanna.
Kii The f** idolizes Thots. Why would he be so obsessed with someone with real talent?
*wouldn’t*
Put your money where your mouth is Dude. He talked trash now he’s running
WOW!!! I use to be fan crazy over him too until he kept childish shyt going, but karma is a “bish” all that trynna get at ppl in the wrong direction(Rick Ross and many more) backfired. Trynna be pick-ish don’t pay at times now ya a** will grow up now. #OldFolksSaying
WHUT GOES AROUND COMES AROUND!!!!!
Now that’s karma for an arrogant ass….kii
“According to the bankruptcy filing — a story first reported by Page 6 — 50 says his assets are valued between $10 and $50 million but his liabilities are also between the same range.”
‘
This is why I always side-eye those Forbes estimates. Anyway Fiddy’s investment’s haven’t exactly been paying off. I mean I don’t see people bragging about SMS Audio headphones or EFFEN vodka the same way Ciroc and Beats are everywhere, just comparing him to his peers.
‘
He has been playing copycat with his investments and I can see why it all seems reductive. Anyway I don’t believe he is really broke because all rich people hide their money somewhere, but good luck Fiddy.
Psh, you’d think. Look at Scott Storch…
Scott Storch did not have a diversified portfolio like Fiddy did, all his assets relied on his income from music.
B**** thought she slipped by with the Madonna “reductive”comparison to a lesser…
“Doesn’t mean that he’s broke. Oh well, he brought this onto himself. Beyonce will be next.”
Oh the irony! When Rihanna almost went bankrupt her damn self in 2009. Sit your dumb ass down.
https://www.youtube.com/watch?v=B3eAMGXFw1o
And yet she bounced back.
And yet, I didn’t f****** ask you that.
Don’t try to come for Beyonce when Rihanna,just like so many other entitled celebs, doesn’t know how to manage her money.
But Rihanna bounced back from that experience, which is why she can talk about it comfortably. She is real and doesn’t hide her flaws unlike other fake celebrities.
Actually no, a Navy stan cannot talk about Beyonce’s coins comfortably.
Not when Rihanna is worth less than the likes of Miley Cyrus.
Miley Cyrus has been in the entertainment business longer than Rihanna. She had a huge show on Disney and went on multiple world tours as Hannah Montana, in addition to the Hannah Montana albums and merchandise, of course her brand will be worth more than Rihanna’s.
‘
Rihanna went through a bankruptcy scare and bounced back, which is why she can talk about it comfortably unlike other fake celebrities.
Beyonce is the highest paid black entertainer since MJ.
How much is Rihanna worth?
I highly doubt Beyonce makes more money than Oprah, P Diddy, Dr Dre or even her husband, they are all black entertainers.
‘
I don’t know what Rihanna is worth as she has not provided me with her statement of personal wealth, no celebrity publishes this information, and when they do, as is the case with the Curtis filing for bankruptcy case, they are grossly overstated.
‘
Rihanna bounced back from bankruptcy, she went into a hole and bounced back, which is an inspiring story to many and is also a reason I am happy Rihanna is comfortable to talk about it.
Beyonce is the most commercially viable and highest paid music artist of our generation. Whilst, Rihanna is just another synonym for BANKRUPT.
You and Mark should think about that the next time you attempt to come for whats in Beyonce’s bank account.
Nobody came for Beyonce’s commercial viability which you clearly have no ability of quantifying. You brought up Rihanna’s near bankruptcy which she bounced back from and doesn’t hide that fact.
‘
Next time make sure you have an understanding of the subject matter before commenting on it.
Doesnt hide the fact? Lol no s*** Shirlock. Rihanna’s a celebrity how exactly would someone of her status go about hiding the fact that she was about to go broke?
*Correction* Mark instigated this discussion when he said that Beyonce was going to be the next one to file for bankruptcy.
We know Mylie has been in the industry longer than Hoeianna but Katy hasn’t. Why is her money longer than Rihoeianna’s?
Celebrities do not disclose every tidbit of information that happens, this is the same reason you still do not know what the elevator fight was about between Beyonce’s sister and Jay Z.
‘
“*Correction* Mark instigated this discussion when he said that Beyonce was going to be the next one to file for bankruptcy.”
‘
So because you failed to argue Mark111s points, you decided to attack Rihanna instead, that is an ad hominem fallacy, assuming you know or even understand what that is.
Wow, I didnt know that a heated discussion between Beyonce, Jay-Z, and Solange resulted in them, HIRINGLAWYERS and disclosing information regarding their financial affairs. Thats news worthy.
Oh, and I dont need to argue a muthafuckin thing. Mark stans for Rihanna, someone who damn near went broke. People who live in glass houses shouldnt throw stones.
Doesn’t matter, Mark111 brought up a point you failed to argue against because you’re not smart enough, so you attacked Rihanna instead like a coward.
Whats funnier:
A. A Rihanna stan critiquing another artist vocal technique?
B. A Rihanna stan calling another artist broke?
C. Or a Chris Brown stan accusing another artist of being a woman beater? lol
I’ll take “B” for 500 hundred dollars, Alex! *Jeopardy voice*
Please don’t turn this into another Bey vs Rih Stan war get a life you cùnts ????????????????????????
*scrolls through comment section*
Umm, Mark made this a Beyonce vs Rihanna post when he decided to make Beyonce a topic of discussion.
Now if you exist left, you will see where you f***** up at #DISMISSED
Frankly I don’t give a s*** about who started it. I’m annoyed by the fact “almost” every post has to end up with a stupid Rih vs Bey Stan war,With idiots like you arguing back and forth with the same tired reads and receipts.So what if Fag111 started it why do you feel the need to stoop down to his level can’t you see that he is a f****** moron.What are 9? fůcking act like a grown as man instead of little girls with wet panties the whole lot of you!!
Goodbye *spits on face*
I dont ever recall saying “Angie jump your irrelevant ass into my comment section”.
So I suggest that you shut the f*** up and mind your own damn business if you cant handle the reaction.
So any guy that has f***** ciara is either a flop or bankrupt?
Lord help us!
what the f-ck did he do with is money dude was a millionaire .
This is not even about Beyoncé sigh… Anyways hopefully he recovers from this.
Ooooh, most of these celebrities be faken! Ooooh, they don’t be worth nothing until the DIE
Lol @ Tyler DRAGGING!
More like getting dragged
More like you can get dragged, just as easily as your double mint twin Love Bird.