Look, 50 Cent is in deep shyt—but to be frank, he is far better than all of us. Dude is just playing smart and if I were him, I would do the same.
50 Cent who filed for Bankruptcy yesterday shared the above photo of him, posing by a small car—with the caption ‘Times are hard out here, lol.’
Not just that, he also said; “I’m not panicking. People love tragedy more than they love good news, no matter how you look at it. The news comes on, and it’s 90 percent tragedy. I have faith in the court systems, I know at points you gotta just relax and go through the process.”
I make decisions to do things based on the position that I’m placed in at points and if I’m consistently being made out to be a target because of my financial situation ….If people actually believe that I wouldn’t be conscious of who I am and protecting myself.”
As we reported earlier on, 50 Cent’s filing for bankruptcy looks like an attempt by 50 Cent not to pay Rick Ross’ Baby Mama-Lastonia Leviston the $5m a Manhattan Supreme Court ordered him to pay to her about three days ago in damages for uploading her s*x t*pe to the internet in 2009.
Last Friday, it emerged that a court ordered the rap star, real name Curtis Jackson to pay Lastonia the above amount; $2.5 million of the sum is for “violating her civil rights for using her image without her permission,” and the other $2.5 million is for “intentional infliction of emotional distress,”—and yesterday, 50 Cent filed for chapter 11 bankruptcy protection.
Interestingly, just this May, Forbes estimated 50’s net worth at $155 million, ranking him at No. 4 on the list of the wealthiest hip-hop artists.