50 Cent’s Assets Worth $16 Million in Total
When 50 Cent filed for bankruptcy in July of 2015, it was speculated how much the rapper really had left. It was believed that while his fortune had taken a hit, that 50 wasn't truly broke. He joked on Conan about filing shortly after, and even mocked that notion in October, spelling out the work broke in stacks of $100 bills. On Wednesday (Jan. 27) though, TMZ obtained bankruptcy documents that detail 50's current finances and list the rapper's assets totaling at $16 million. According to the documents, that figure takes into account $7.4 million in the bank and $8.8 million in property holdings.
50's financial woes have been well documented in recent months, with an August court hearing revealing that G-Unit Records and brands had lost a total of $10.45 million in the 36 months prior. The very next day (Aug. 5) 50's finances had leaked estimating the rapper's monthly expenses at $108,000. The New York rapper has been attempting to sell his Connecticut mansion since 2007 and as recently as mid-December of 2015, he lowered the asking price on the house to $8.5 million, a steep drop from the original asking price of $18.5 million.
Not helping 50's current financial status are the number of lawsuits currently filed against him. In September of 2015, he was hit with a $200 million lawsuit for allegedly stealing the idea for his hit Starz show Power, and there is the on-going drama with Rick Ross's baby mama, who won a lawsuit against 50 after the rapper leaked a sex tape of her and Ross.
While the $16 million figure may seem like a lot to the average rapper, it pales in comparison to the amount of coin he earned off Vitamin Water. The consummate hustler, 50 will likely find away to build up his empire once again. In the meantime though, he will have to make it through his current lawsuits without adding any more to his plate.
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