50 Cent Breaks Silence On Bankruptcy

Published: Monday 13th Jul 2015 by Sam

News of 50 Cent‘s bankruptcy filing continues to leave many a jaw on the floor, for little other than the fact so few would have expected it.

Publicly, the rapper had carved out the image of being a rags to riches embodiment of the American Dream, building on his music career to become a fully fledged mogul.

Yet, per court documents revealed today, it’s become clear that a series of legal wows have dealt a devastating blow to his fortunes.

And while discussion rages on, the G-Unit general has offered his take on the matter. His words below…

Via E!

“I’m taking the precautions that any other good businessperson would take in this situation. You know when you’re successful and stuff, you become a target. I don’t wanna be a bulls eye. I don’t want anybody to pick me as the guy that they just come to with astronomical claims and go through all that.

Walt Disney has filed bankruptcy. Donald Trump has filed bankruptcy. It means you’re reorganizing your finances, but it does stop things from moving forward that you don’t want moving forward.

I gotta descent legal team. You don’t have to worry.”

And there you have it.

Your thoughts?

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  1. Bravo!! July 13, 2015

    So!, basically this negro saying he not bankrupth for he won’t have to pay money!! Stop doing f***** s*** then he won’t have to worry about be sued!! For me, this why his career in music is over. Gossip like a girl, talking about other artist, and posted up s*** like a bitter f**!!

    • arfa July 13, 2015

      Black people and money dont mix well

      • Really girl July 13, 2015

        But you can’t sell your infected cooooochie for no more than $2.50 and a chicken wing.

  2. Ciara got that fiyah July 13, 2015

    Just because you file bankruptcy doesn’t mean your broke, white people never have to explain bankruptcy, but when minorities do it it’s a assumption their broke, then they have to compare themself to people like Donald Trump or Walt Disney, but when those two filed for chapter 13, nobody questioned them, nor did they have to contrast themself to someone.

    • OMG Logic!!! July 13, 2015

      Are you f*cking kidding me? When Donald Trump filed for bankruptcy it was all over the news. It was a major headline everyone. When Fiddy Cent filed for bankruptcy you heard about it on an urban blog. Could you be any more racist? Oh wait, you’re Black it’s impossible for you to be racist against Whites, right?

      • OMG Logic!!! July 13, 2015


      • Chaelin Lee PKA CL is coming | 재 이현 김 July 13, 2015

        I can’t with the “but whites” excuse today

      • Pray for #R8 July 13, 2015

        Do you know what the word racist means? You sure do use the word a lot… and incorrectly at that. It went like this: “white people never have to explain bankruptcy” then you say “how racist can you be?”… ummm… what? Even if that was an incorrect statement, and maybe it was, How does that make it racist? Justify your answer with FACTS, not feelings. #UseYourResources #TheDictionaryisFree

  3. OMG Logic!!! July 13, 2015

    In other words, he’s taking advantage of our country’s moronic legal loopholes to avoid having to pay some random h00ker he f*cked?

  4. Xtina = The Voice of this generation July 13, 2015

    Okay, can we move on now. He’s not dead or paralysed

  5. E Young July 13, 2015

    50 cent is very intelligent, I can’t even knock his hustle. I respect it!

  6. Really girl July 13, 2015

    50 Cent has to be a DL Queen. He’s always being dramatic about something. It’s bullies like him who can take a dose of his own medicine. He filed bankruptcy so he doesn’t have to pay that $5million judgement.

  7. coolness July 14, 2015

    Are yall just gonna skip over the fact that this grown a** man described his legal team as ‘descent’ instead of DECENT? Curtis, perhaps you should run your lil’ statements by your publicist before you post them. #embarassing.

  8. stop July 14, 2015

    lmao only a fool would believe he is broke. 50 knows what he is doing.

  9. Xtina = The voice of this generation July 14, 2015

    @ Chaelin Lee PKA CL is coming | 재 이현

    I love how many whites in 2015 are so over racism and if people point out racist activities they are “race baiting”. Imagine how tired blacks are of living with American institutional racism that you want to pretend doesn’t exist.
    The fact is that most whites are still benefiting from the spoils of slavery their ancestors reaped. As are the descendants of the slaves saddled with all the baggage of slavery and Jim
    crow I’m so tired of hearing these bull s*** comments about not seeing color. They’ve called Serena Williams a gorilla and a man and a n*****
    and the critique on her body is most definitely a critique on her race and black womanhood in general &
    “Williams has beaten Maria Sharapova 17 times in a row, spanning over a decade. She still makes half of what Sharapova makes off the court.”
    That statement right there pretty much proves the point. There’s something seriously amiss here. I’m just taking tennis as an example, something that is currently dominated by a woman of colour.

    • Magic Mike July 14, 2015

      You are speaking NOTHING but the TRUTH!

  10. Xtina = The voice of this generation July 14, 2015

    It is what it is.

  11. Casual-T July 14, 2015

    50 needs to stop being an a** and pay the woman the money. He needlessly humiliated the woman by releasing a s** tape showing her in very compromising positions, she sued, and she won. He got bit on the a** by his own karma. At any rate, this is not going to work. No bankruptcy judge is going to let him get away with blatant foolishness like this.

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