50 Cent News Archive
50 Cent Submits His Plan To Pay Back Debts From His Bankruptcy Case — Will The Rapper's Strategy Get Approved?
50 Cent may've filed for bankruptcy but he is still forced to write a pretty huge check.
On Tuesday, it was revealed that the Candy Shop rapper and his legal team submitted to a judge his plan to pay back the creditors from his bankruptcy case. Reportedly, the document shows that Fiddy will shell out $23 million over the course of the next five years.
Oof! While the plan is meant to pay back his MANY creditors, it appears as though three major settlement amounts have been highlighted in the doc.
Apparently, the music industry vet hopes to pay
Fight Breaks Out Around 50 Cent With Rapper In The Middle Of A Performance — And His Quick Reflexes Save Him!
This could have been much worse!!
50 Cent was performing at Stage 48 in New York City on Saturday night, when a fight broke out in the crowd around him — and the whole thing ended up on video tape!
The Get Rich Or Die Tryin' rapper mostly ignored it, but when one crowdgoer grabbed at Fiddy… well, he wasn't having it!!
Ch-ch-check out the whole thing go down with him standing right in the middle of the crowd trying to deal with it (below)!!!
If they're so poor, how were they able to buy his records?!
Last month, a judge ordered the rapper to explain how he was able to show off so much cash on his social media accounts.
But why flaunt it if you don't got it?
On Wednesday, the In Da Club musician's legal team explained that their client shows off his "wealth" because he needs to display a particular image to his fans!
"He has to keep up his image for the fans. Rap fans, they're poor and they want their idols to be rich and something to look up to."
50 Cent's fans are not going to be happy when they hear this!
[Image via WENN.]
50 Cent may be bankrupt, but he still wants his social media followers to think he's loaded!
Last month, a judge ordered the rapper to explain how he was able to show off so much cash on his social media — while he was alleging that he had no money!
Well, the truth is finally here!
On Tuesday, the 40-year-old filed court docs saying the pics are totally fake! The musician says he doesn't actually have that kind of dough lying around, and just wants to keep up appearances.
Ch-ch-check out some of the photos-in-question (below) and let us know if YOU think they're fake!
50 Cent finally found a buyer for his Connecticut home.
After being on the market for almost a decade, the rapper has now sold his Farmington estate! He forked over the mansion for $8 million, which is actually $10.5 million less than what he initially wanted.
But hey, bankrupt musicians can't be choosers! After all, the property did cost him around $70 thousand each month to maintain!
The 50 thousand square-foot home was equipped to be the perfect party pad, with nine kitchens, an outdoor infinity pool and grotto, indoor pool, helicopter pad, casino, nightclub, basketball courts.
But if there are any big bashes at the swanky spot now, it's safe to say they'll be TOTALLY different.
That's because the new owner is hoping to turn the 52-room abode into an assisted-living facility, as long as the town approves.
Sounds like those lucky elderly people would be living in the lap of luxury!
[Image via 50 Cent/Instagram.]