50 Cent Doesn’t Have A Dime Left
It’s always amazing when a huge star goes bankrupt. Us mere mortals cannot even begin to comprehend how someone who was worth tens of millions can suddenly end up with nothing in their accounts. The last megastar to go bankrupt is 50 Cent and, once again, we cannot believe it.
As recently as May, Forbes estimated 50 Cent’s net worth at around $155 million. So, what happened? Well, a few things happened. For one, he lost a court case concerning the design of some headphones and he was made to pay more than $17 million as a result.
Then, he got sued again, this time by Lavonia Leviston, Rick Ross‘ baby mama whose sex tape 50 Cent leaked. She was awarded $5 million and it was enough to break the camel’s back, so to say. Namely, according to the proof of income and worth that he had to supply to the court, his assets were estimated at between $10 and $50 million. Unfortunately for him, his liabilities are also around the same figure.
In short, he hasn’t got the $5 million and he had to declare bankruptcy.