50 Cent has declared assets of $16 million in bankruptcy documents, according to TMZ

The Queens, New York rapper claims real property of approximately $8.8 million and bank accounts that total $7.4 million. His other assets push the total to a little more than $16 million.

50 Cent filed for bankruptcy in July. 

“It’s for protection,” he said at the time, “so I’m not taken advantage of.”

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In August 2008, 50 Cent topped Forbes’ “Hip-Hop Cash Kings” list thanks in large part to his stake in Vitamin Water, which was purchased by Coca Cola. The rapper reportedly earned $150 million that year. 

In May 2015, Forbes published its “Hip Hop’s Wealthiest Artists 2015” list and estimated 50 Cent’s net worth at $155 million. The G-Unit artist’s deals with Frigo underwear, Effen Vodka and his SMS audio company were among his businesses cited in the evaluation.

For more coverage on 50 Cent, who declares assets of $16 million in bankruptcy documents, watch the following DX Daily: