Who saw this one coming? Rapper-entrepreneur 50 Cent filed 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.
PHOTO CREDIT: Getty
Rapper & Entrepreneur 50 Cent Files For Bankruptcy was originally published on theurbandaily.com