50 Cent’s bankruptcy papers show seven cars
Rapper filed for bankruptcy last month
Rapper 50 Cent owns seven cars valued at more than $500,000 (Dh1.8 million) and pays $72,000 a month to maintain his Connecticut mansion, according to bankruptcy court filings.
His businesses, however, posted losses of more than $10 million last year and in 2013.
His Farmington property is his most valuable. It’s listed in papers filed on Monday in a Connecticut court at nearly $8.3 million.
His cars include a 2010 Rolls Royce and a 1966 Chevrolet coupe.
The filings show losses of more than $10 million in 2013 and 2014, with expenses outstripping income and losses posted in 50 Cent’s records, adult film and G-Unit Brands businesses.
As of July 13, the businesses were in the black.
The rapper, who was born Curtis James Jackson III, filed for bankruptcy last month after a New York City jury ordered him to pay $7 million to a woman who said he posted online a sex tape she made with a boyfriend.
His expenses of $108,000 a month include $5,000 for gardening.
He has a monthly income of $185,000, mainly from royalties and interest on his investments. The court filing says he also owes money to his stylist, his barber and his fitness coach.
