“In Da Club” Rapper Filed For Bankruptcy In 2015
50 Cent still has a hefty bank balance for a broke dude.
The rapper, real name Curtis Jackson, had $7,359,776 million in his bank account at the end of February, and a total of $16.3 million in assets according to his February 2016 spending statement filed this week and obtained by BOSSIP.
50 Cent spent $83,226 in February on expenditures like $6,500 a month for lawn care, $5,600 on fitness and $5,700 on his Bentley lease, according to his February 2016 spending statement filed this week and obtained by BOSSIP.
Also paid was $17,354 for the mortgage on 50 Cent’s Connecticut home, $12,097 in child support and alimony, $19,000 for “bankruptcy services” from celebrity financial firm Boulevard Management and $3,600 for personal training sessions with celeb trainer Jay Cardiello.
50 Cent reported that he’d spent nothing on food, clothes, medical expenses and charity donations, but did admit shelling out $733 for “travel and entertainment,” according to his court docs.
The “Power” actor reported that he brought $1,538 in salary from G-Unit Records and made $29,597 in royalties. He even got $520 back from his state tax refund.
50 Cent filed for bankruptcy last summer just days after a New York jury ordered him to pay Rick Ross’ baby mama $7 million for leaking a video of her having sex.