50 Cent reportedly has $64 million in assets, $10 million in checking and stocks.
Bankruptcy reports recently obtained by the Daily Mail show how much rapper 50 Cent has in assets, checking, stocks, and more, after filing for bankruptcy.
According to the Daily Mail, appraisers looked into Fifty’s finances after he claimed to have only $16 million in assets. They discovered that the G-Unit helmsman has $64 million in assets and thousands in home goods and jewelry.
50 Cent is also reportedly pulling in nearly $200,000 a month.
“Last month, he filed documents in the bankruptcy stating he only had $16 million in assets,” the Daily Mail reports. “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.”
Additionally, the bankruptcy judge in 50’s case has expressed concern over the various photos the rapper has posted to Instagram, which show 50 with large amounts of money.
“I’m concerned about allegations of nondisclosure and a lack of transparency in the case,” bankruptcy judge Ann Nevins said at a hearing in Hartford, Connecticut, according to the Daily Mail. “There’s a purpose of having a bankruptcy process be transparent, and part of that purpose is to inspire confidence in the process.”
50 Cent filed for bankruptcy last June after being struck with a lawsuit from Lastonia Leviston. Years ago, 50 posted a sex tape of Leviston, who has a child with rapper Rick Ross, online.
Leviston was awarded $5 million, and later an additional $2 million, as a result of her lawsuit.
50 Cent previously revealed to HipHopDX that he filed for bankruptcy during the trial to ensure that he’s “not taken advantage of.”
For additional 50 Cent coverage, watch the following DX Daily:
who actually thought 50 was really broke lol
5 mill lawsuit nothing, The Game Fighting 3 Lawsuits right now worth more than 15million haha Fif stay taking L’S cant afford 5mill man come on chump change.
are you going to give 5 mill to a stupid bitch? not 50
The only dumb bitches are him & his cum guzzling stans. He’s gonna pay that lady (and his other creditors) what he owes (probably w/ INTEREST now that it’s been revealed that he has more than what he reported). His dumbass would more than likely have to do jail time now too for defrauding the courts. smh.
I told u sukcas he wasn’t broke
stfu lil bitch….u sound like u sucking 50 dick right now as i type smh……
So, he’s has assets of 28 million (after liabilities) and you have how much again? Who’s really losing?
“you front you gon have to get me
Off your ass, I pay the lawsuit and laugh (Ha-ha)
It’s not a big deal, it’s nothin but some cash”
Seems like its turning into a big deal now tho…. lol.
dam..he in trouble now. I wonder if these appraisers are court appointed or are they just blatantly putting his personal information out there to put him on blast?
His bankruptcy hearings are public information dumbass
yall need to go back to journalism school he aint boasting nothing fools this is all speculation
They’re not saying he’s boasting you dumb fuck, they’re saying he lied about his assets when he filed for bankruptcy. You need to go back to elementary school and learn how to read, change your name to Billy Madison fool
remember when 50 claimed be on level with diddy,dre,jay z and eminem theres levels too this shit boi stay in yo mf lane boi
lol guess hes gonna stay in his 64 million dollar lane smh boy u sound dumb af…real talk tho..
if its levels to this shit ask yaself what level u on? #brokeboi
living comfortable kid, my family straight…my business ventures make me profit at end of year..50 losing close just under 10million year once he lose those endorsements its Over..nobody checking for his music when last time little hommie make movie.
I guess this means they’re going to start selling his shit so he can pay all the people he owes. lol
only idiots thought he was broke.. he probably has $50 million stashed away in different underground places..lol
The haters know he aint broke but the say it simply to hate.
50 thinks hes smart until he realized its the govt. they will reach into your entire soul to gt that money. better move the property you want kept somewhere else bc theyre coming
Niggas be really thinking this nigga broke ,lol
You whack niggas need to stop spreading flase rumors
Yo fif too many haters out in this world an complete ignorant strangers who think they know you these the samebroke cats that believe eveything they read an hear, ratkiller talkin bout sitch etc wow! Thats the best tool to use every rapper who disses another rapper uses the word RAT directed to there oponent to destroy them so when people hear tha rat shit they think its true smh!! ignorant ass people, onr love fif, stack that bread an hide that bread an keep pissin off these broke fuckaz on hear makin comments, cause id they had the same bread an same situations they would be doin the same thing stashin an stackin an filin for bankruptcy so mofuckaz cant try an get at it, i speak from money experience 1 love
How does his dick smell ?
To all of Fifis cock swallowing stans. NOBODY gives a shit if he`s broke or not, we all know he`s obviously not. Whats hillarious is that ol snitchin azz Fifi will have to pay out MILLIONS to somebody he despises, all because of his RETARDED actions, lmaooooo………………..#SNITCHPROBLEMS
Dude is a grown-ass man still acting like a hot headed teenager that brags about his new airforce one’s
50 is clearly insecure and miserable. It will catch up to him eventually. He cant stand for anyone else to have any type of success.
Yep. And, that (as well arrogance) will be his downfall.
Damn they caught his ass smh
And you REALY took time to reply to me??? Smh what kind of nigga are you, A BITCH? lol
And, did you REALLY think that they wouldn’t??? smh How old are you, 10? lol
One thing is for sure you can never outsmart the government. Only kids would think they can.
Exactly.
assets are permanently written off, it is an estimated value but if You really get the cash for it only shows when ur trying to sell the asset. e.g. u bought a brand new car for lets say 100k so in the first year it shows in the reports as 100k. after 1 year its only worth 50k so the rest will be written off. after another year (and maybe a damage) its only worth 20k, the rest will be written off again and so on. if he gotta sell assets he will prob get only half of the value in cash specially when ppl know that he urgently needs money they will try to dump the price. (see the mansion hes trying to sell) thats why hes technically bankrupt cuz presumable he will go out with zero after paying the debts.
Assets include things like highly secure gov bonds. This is money that is not subject to the bankruptcy hearing. The same goes for the 44 mill stashed in various businesses which is protected by LLC. Most of this dudes money is likely protected against lawsuits likely due to the lifestyle he lives like beating people up stage at summer jam. People like Trump do the opposite and protect their personal assets from shady business practices.
im afraid that ur wrong, even though im not familiar with bankruptcy law. the protection by LLC means that nothing else but that managers of these companies dont have to guarantee with their private money for eventually losses that arrise from the business.
This is what people like Trump do. The `losses` of 50 have nothing to do with business mistakes or the investments in such companies, still they will be considered as an asset in his private fortune for that he has to pay taxes and which will be considered in the bankruptcy process. The only `untouchable´ money is as far I know money that u invest in a foundation but then its also untouchable for Yourself because it can be used only for the foundation purpose.
You dudes need to read up on bankruptcy laws. Most of this money is likely protected and untouchable by the bankruptcy court. He’s not dumb enough to flaunt it knowing his case hadn’t been approved yet. This is just 50’s way of saying fuck you I got bread and you can’t touch it. People need to remember there’s one set of rules for the rich and another for the poor. You can’t prove its his money from a picture and he knows that. Even if he has to pay the money it will take years to get it all and the longer he drags this out the more her lawyer is charging her reducing the amount she will actually get paid. This nigg@ is just being petty that’s all.
the amount that she will get paid will not be reduced by laywer charges because if he found to be guilty he has to pay that additionally
No its the other way round, he’s personal assets are protected from any lawsuits against the business but in this case he filed for personal bankruptcy. The court can make him liquidate some of he’s businesses to pay creditors. If he’s lucky they will allow him to make installment payments. He could be forced to sell some the ownership of he’s business to creditors.
He was dumb flaunting on instagram. If he’s business was getting suited then he’s personal assets would have been protected.
did 50 actually report to this third rate garbage hiphop site or are hiphopdx lying. Why would he report to this site over all the others.