In the wake of the lawsuit filed against 50 Cent by Lastonia Leviston, the mother of Rick Ross’ child, the Queens, New York rapper’s financial records have continuously been made public.
Following news that 50 Cent was filing for bankruptcy, it’s now being reported that he owes nearly $30 million. According to the New York Daily News, the musician put all of his personal debts on the table in a federal Bankruptcy Court filing yesterday (July 16).
The filing reveals that 50 Cent owes $28,478,920.75.
Among the creditors 50 owes the most money to is Sleek Audio and Lastonia Leviston. Both parties filed lawsuits against the rapper, with Sleek Audio owed $18,428,257 by 50 Cent, and Leviston owed $5 million.
50 Cent’s other personal debts include $1,737.33 owed to his grandfather, $137,880 owed to Bentley for a car he leases, and $1 million in legal fees.
According to the New York Daily News, 50 Cent’s assets do not exceed $15 million.
The $5 million 50 Cent owes to Leviston serves as his most recent personal debt. Last week, he was ordered to pay Leviston millions after he allegedly posted a sex tape featuring the woman on his website. The $5 million will cover damages and intentional affliction of emotional distress.
For more 50 Cent coverage, watch the following DX Daily:
50 LOST GAME WON
why everyone counting in his pockets worry bout yours who cares he still rich
Waiting for those who have no clue what they are talking about to start commenting with absolute authority on the matter…
@gr shut the fuck up, cause you reading the shit with yo Stan got 50’s dick in yo mouth ass
It’s funny how this is personal debts which means he transfered and keeps all his real money under his business LLCs ..This is a very strategic move to stop all creditors from moving forward on there claims..very intelligent man and a VERY smart businessperson, 50 Cent will get the last laugh after all of this cause he is still filthy rich lmao
Exactly, a lot of people here don’t understand finance and how it works. Too many dudes sitting in front of a computer instead of making money
Explain my g, trynna understand the situation, lil lost…
Like you bruh.
When you file bankruptcy personally, your assets come down with you. Business LLCs are considered assets. If it were the opposite, then it would be possible. If you file bankruptcy through your business, then your personal assets would be protected as long as fraud wasn’t involved through your business.
Nigga gettin stripped down to his last 50 cent
LOL!
He’ll be window shopping from now on hahahaaaa
Now he just like you mah nigga lol!
50 needs to be more serious minded, all that stuff with officer rickie and his baby moma wasn’t worth it, all that silly shit he being trying to do on the gram and fucking with Diddy, need to just stay focused on shit that really matters like business and family, I fuck with 50 but he’s been taking a lot of L’ the last few years, no matter how you try to spin it, bankruptcy ain’t good for business
Boa, you broke living in your mama’s basement. This is a strategic business move, not that he has no money. Take a finance class, even Trump did Chapter 11 multiple times.
Your mother need to breast feed you lame. Stop dyck riding me. Ima grab your IP and world star that azz.
@DaReal ZigZag it’s your hoe ass moma that’s breastfeeding me and giving me bomb ass head,so good that I’m thinking about moving in that bitchs basement
someone with common sense….
that ain’t no common sense it’s a jaded mind bringing a media driven opinion to a financial meeting with a bank manager and estate lawyer, lol u look worst for cosigning that trash
Keep your head up Fif.
What did he do to his grandfather?
do you ppl even know what your looking at …. his two big cases are the debt smh dummies … he just not trying to pay 18 million to sleek and 5 million to ross baby mom dummies lol
All this business debt is wiped since, he still gets to keep his personal money in the millions. 50 still winnin!
if you don’t owe or are in debt then you’re not a successful bizness person and won’t achieve much. So stop hating on Fif, DX keeps sucking ross dick as usual, hating as DX
Yo, wud it b soooo wrong if Young Buck was reading dis nd b on sum lmfao shit? Preferably duin da Riley laugh
“I am so strategic you wouldn’t believe it”.50 cent
That’s right Boo Boo. Keep ya head up.
He won’t pay his granddad 17hunnid? Damn! That’s tight ass behavior. 17hunnid?! That’s the funny shit in the document, Fucking Hilarious!!
its all smoke and mirrors bro, he aint wanna pay those lawsuits so he making it seem like he owe grandpops who he has a good relationship with less than 2 gs when he wipes his ass with that, his shoes and belt worth more than that
Hahaha. Jay-Z is somewhere laughing. NO Wonder dude had to make up with Mayweather. Smarten up fiddy – hov voice.
Reposting what someone else just said:
It’s funny how this is personal debts which means he transfered and keeps all his real money under his business LLCs ..This is a very strategic move to stop all creditors from moving forward on there claims..very intelligent man and a VERY smart businessperson, 50 Cent will get the last laugh after all of this cause he is still filthy rich lmao
its not that simple – creditors can trace monies they are owed. you cant simple transfer money into a corporation that you use as your alter ego.
-lawyer
When you file bankruptcy personally, your assets come down with you. Business LLCs are considered assets. If it were the opposite, then it would be possible. If you file bankruptcy through your business, then your personal assets would be protected as long as fraud wasn’t involved through your business.
50 Cent stans are so fucking weird. It’s like whenever something negative happens with their dude you come to his defense instantly and try to rationalize, or justify it. There is no intricate strategy, you delusional weirdos…. He was worth between 10 and 50 million (Probably about 20 Million) and he owes 30 Million, which means he had to file for bankruptcy and he’s poor. What part do you not understand? It’s against the law to lie or hide you money when you’re dealing with bankruptcy. He is not hiding money, he really is broke, deal with it. I don’t get why you people want to protect this guy so bad, it’s really weird.
and yet again the most gullible sap ever comments like that. lol
I read the article fully and noticed he was worth only 15 Million. lol My bad. I was close with the 20 Million guess though.
Your a Stan stfu, stay off my dick you blase blase type ginger. You talk mad smack them when smack comes you smack ya lips and get smacked by the smacker as I eat smuckers and drink puckers with gay truckers who all are some grand smuckers. No homo
This guy is stil lukin 4 another coca cola deal wtf
50 Cent’s other personal debts include $1,737.33 owed to his grandfather. ¿That’s it?
Been tellin niggas for years this nigga curtis didn’t have as much bank as all you stans had claimed. Now this nigga proven all that money talk was bullshit. Nigga is a straight fraud.
Bawse!!!!!!!!!!!!!!!!!!!!!!!!!
so then just imagine how much Rozay really has, LOL, had to put up his crib to make bail
Damn homie, in highschool you were the man homie….wht the fck happened to you!?
Damn he can’t even pay 1000 dollers that’s nuts
I’m about a dollar, what the fuck is 50 cent haha
he bout to get back to dat power of the dollar, hungry nigga get rich or really die trying ish, its all a setup,
LOL…I guess Steve Stout was right then. Lool…loool. Can we all atleast agree on that point. So homie blew the vitamin water money…lol. But guys don’t write Boboo off yet. He is friends with MONEY-MAY, so Pretty boy Floyd gonna sort this one out, I trust Mayweather is gonna pay and settle both lawsuits $$$-Sleek audio and Mrs Ross. Easy for money for Mayweather. Thats why you should not diss your rich homie. He might not be able to read but-DAMN!->unlike Curtis; $28mill can never hurt Floyd {Jay-Z voice}.
Now it all makes sense why this dude be going at Puffy (worth $500mill). So Curtis is worth only $15mil? so someone just added a ‘0’ previously? lol common now Puffy has got to be drinking Ciroc celebrating somewhere.
I hope Mayweather doesn’t save him, or he’s going to be the next one going broke. 30 Million is a lot of money to give away, especially to someone who relentlessly insulted you for like 2 years.
He’s not worth $15 mil according to this report. He’s worth 15 mil minus 28 min therefore minus $13,000,000.
You are worth more than 50 Cent.
His moniker is once again accurate.
Ja rule laughing his balls off in Australia doing his sold out tour, ja give snitch boy one of your credit cards help that nigga out lol
Sold out tours in clubs that hold no more than 50 people. Dont kid yourself.
Karma is a bitch, drink effen vodka and go bankrupt lmao
lmao ..well said dweeb
GET EM BUCK!!!
Nigga could have at least paid his Grandad the $1,737.33 when at one point he was worth over $100 mil!
Maybe he’s paying that back in installments???!!
50, Wayne, Drake, Lil B, Cam’ron
Cam’Ron? Fuck you, Killa Cam will body 50, Drake and Wayne on record all day doggie. What the fuck kinda shit you smokin cuz?
you just proved his point cam stan.
Btw this muthafucka can have 15 mil in the bank and 30 mil in cash buried in his fuckin back yard for all we know. Either way, when 50 cent is broke he is still richer then all you bum ass muthafuckers commenting on here. Get a life and a platnium card you mediocre hustlers
You fucking groupie. What benefit would burying money have? He still had to pay his lawsuits and bills. And no he isn’t richer than us. He has 30 million worth of debt but only is worth 15 million. This means he has zero dollars.
Lets see for one, if you bury the money no one will no you have it. Double dumb ass!!
damm homie, after that Vitamin Water deal, you was the mannn homie…..wtf happened to you?