50 Cent’s Assets Revealed In Bankruptcy Case
Even though 50 has been working hard to convince the courts that he’s too poor to pay his debts while still flaunting stacks of cash for his social media fans…the truth is in his accounts. Millions and millions of truths…
Bankrupt rapper 50 Cent is far from broke. In fact, he is still extremely rich.
New bankruptcy documents obtained exclusively by Daily Mail Online reveal he has more than $64 million in assets and property.
50 Cent, who’s real name is Curtis James Jackson III, filed bankruptcy last June days after a New York jury awarded fellow rapper Rick Ross’ baby mama, Lastonia Leviston, $7 million in a legal battle over her leaked sex tape. Which he has yet to fork over. The 40-year-old rapper also lost a legal battle with his ex-business partners over a failed headphone deal and was slapped with a $17 million judgement in that case.
According to his Chapter 11 petition, Fifty claimed he had assets between $10 to $50 million but that his liabilities were in the same range.
Last month, he filed documents in the bankruptcy stating he only had $16 million in assets.
However, it appears appraisers checked into it all – and found his assets total over $64 million and that he only has liabilities totaling more than $36 million.
In addition, 50 Cent’s current monthly income is $184,000-plus. The appraisers also valued his home goods to $131,000 including $49,000 in jewelry alone.
Appraisers found he has over $10 million in checking and stocks as well as his various G-Unit and other business’ which are worth over $44 million.
Welp…that sounds like more than enough to pay the people he supposedly owes. But 50 seems to have tons of tricks up his sleeve to avoid coughing up the cash…