50 Cent files for Bankruptcy, Is he Broke?

50 Cent Launches His SMS Audio Headphones

Mr Curtis James Jackson III, popularly known as rapper 50 Cent has filed for Chapter 11 bankruptcy.

The Chapter 11 bankruptcy filing says Jackson has $10 to $50 million in assets and $10 to $50 million in liabilities.

This comes days after a jury directed 50 Cent to pay $5 million to Lastonia Leviston, as part of his rap beef with rival Rick Ross, over a private sex video featuring Ross’ baby mama posted online to millions of viewers.

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culled from: pagesix

[He could ask some of his friends or foes for some millions like Floyd Mayweather, Diddy, Jay-z, Birdman, Lil Wayne or even Rick Ross to bail him out if he is really broke]

READ ALSO: Rick Ross finally allowed to go home for now, after paying $2 million bond

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