Apparently the Daily Mail got a hold of some documents that break down the rapper’s finances, and he doesn’t appear to be struggling:
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.
His bankruptcy claims have come into question by Judge Ann Nevins, who is concerned over his actual need for bankruptcy and has asked for him to explain a series of photographs he posted to social media.
He’s going to lose this bankruptcy case and he will have to part ways with the $7 million she’s asking for.
I think he realizes that now, so he’s not taking it seriously anymore.
He doesn’t even know how to cover his tracks? Most wealthy people know how to properly hide their assets.
Good he should pay I’m so tired of these rich people hiding behind bankruptcy.He has been on IG flexing with money but claiming he so broke in court. I’m glad the courts are catching up with his a-s pay your debts 50 like everyone else.
You’re on a roll today, once again I totally agree.
Not to say he’s not wrong, arrogant and stupid for his moves……….but I am looking into this deeper. I wonder if he was White would they be doing all this extra-ness, cause it appears that when White rich people do stuff like this i.e: Donald Trump they are able to get away with it…..which is why they go beyond being just rich to wealthy smh