Tuesday, July 21, 2015

50 Cent Says He Also Owes His Grandfather


    US rapper 50cent who recently filed for bankruptcy has come out to say he also owes his grandfather.

It’s been a funny period hearing the rapper say things about his financial status, especially given that he likes to live a flashy lifestyle. But then, which Hollywood player isn’t flashy?

Reports revealed he owes his Grand dad a sum of $1,737.33. But, this debt compared to a net worth of $26 million is just an ice berg.

Rapper also owes $64,909 to American Express, $137,880 to Bentley as well as two court judgments amounting to $23 million.

Recently, on 13th July, he filed for bankruptcy in US Bankruptcy Court in Hartford Connecticut with assets and debts totaling $10 million(6.4milion euro, 9million euro) to $50million($32million 46,million euro). It was gathered that he filed for Chapter 11 bankruptcy days after a jury ordered him to pay $5 million to a woman who appeared in a sex tape that went viral in 2009.

Rapper affirms: ‘You get a bulls eye painted on your back when you are successful and it’s public to know you have become the ideal person for a lawsuit’.

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