You might not know it from all that cash he splashes across social media, but it looks like 50 Cent’s fortune, while still vast, is a fraction of what it was at its peak.
The “In Da Club” rapper claims, according to bankruptcy documents obtained by TMZ, that his bank holdings come to $7.4 million, while his real estate portfolio is valued at $8.8 million. Combined, his total assets push past $16 million (Approximately UGX 539billion). Obviously, that’s still a lot of money by just about any measure, but it’s a far cry from the $155 million Forbes estimated his net worth to be last year.
And the pressure only seems to be mounting.
Earlier this month, the woman who won $7 million from a sex-tape dispute joined partners in a failed headphone deal to ramp up efforts at getting their money. The unpaid groups, The Wall Street Journal reported, asked a judge to put a lawyer in charge of the 40-year-old entertainer’s business affairs and give him power to pay off the debts by selling his properties.
It remains to be seen if 50 Cent opts for a lower social-media profile in light of recent developments. Guess we won’t be seeing photos as the one’s below.
Source: Kiss100.co.ke
