50 Cent Declares Bankruptcy

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The Cinema Society & InStyle Host A Special Screening Of "Cake"

Hey, anyone have 50 cents for 50 Cent?

After losing a multi-million dollar lawsuit, the rapper has declared bankruptcy. The end of an era or the prophecy of his name coming TRUE?

TMZ confirms that 50 filed for bankruptcy on Monday, 3 days after a jury awarded Lavonia Leviston $5 mil after determining the rapper intentionally leaked a sex tape in which she was featured, in order to embarrass Rick Ross. 

50 has been ordered to produce proof of income and worth so the jury can determine punitive damages, and though the rapper is valued between $10 and $50 million his liabilities are also between the same range.

Yikes!  Talk about financial ups and downs…

Photo: FameFlynet


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Monday, July 13th, 2015 at 12:12pm
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