That's a lot of coin!
Shortly after 50 Cent, also known as Curtis Jackson, had a lawsuit brought against him by Lastonia Leviston, for allegedly leaking a sex tape of her online, the rapper filed for bankruptcy!
Well at the time, during his testimony, Jackson tried to claim that he didn't own multiple cars or live a lavish lifestyle — HA!
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Unfortunately for the 40-year-old rapper, when it comes to the government, the truth comes out!
The G-Unit rapper's bankruptcy filings have revealed QUITE a bit about what kind of lifestyle he actually lives, and you'll probably be quite shocked by not just how much he has and spends, but what's cost him the most money!
Over the last three years, 50 has basically been hemorrhaging — $10.45 million in losses to be exact — due to G-Unit Records and G-Unit Brands. The two branches of the company have actually been in the red the last three years!
On top of that, in regards to that lavish lifestyle that Jackson said he didn't live — well he must have some other definition of "lavish!"
Not only does he own seven cars including a Rolls Royce and three Chevy Suburbans — srsly, three?! — but he also has expenses of $108,000 per month!
Well we guess that happens when you have a 50 room mansion that costs $72,000 a month — you know, property tax, utilities, mortgage all add up. Oh, don't let us forget the $9,000 he spends on security or the $5,000 for gardening or $3,000 on wardrobe — those are all per month as well. Yikes!
And as the cherry on top of it all, he also pays child support to Daphne Joy for their son, Sire — which by the time the kid is 18, he'll have paid about $832,000.
We don't know about you, but we're pretty sure Curtis needs a dictionary clarify the definition of "lavish." LOLz!
But regardless Jackson still claims he's doing okay and that he owns more than $15 million in personal property, which apparently doesn't included his houses.
Well if that's the case, the G-Unit rapper might still turn out okay, but we're guessing this is gonna hurt his street cred a bit!
[Image via TNYF/WENN.]
Tags: 50 cent, legal matters, music minute