50 Cent testifies his lifestyle is an illusion: ‘I take the jewelry and cars back to the stores’

Aly Weisman | Business Insider
July 21, 2015, 5:04 PM

50 cent courtAfter filing for bankruptcy last week, 50 Cent, whose real name is Curtis Jackson, appeared in a Manhattan Supreme Court on Tuesday morning to testify that he is not as wealthy as his flashy lifestyle makes him appear to be.

While Forbes estimated the rapper’s fortune to be about $155 million in May, Jackson’s lawyer said in court Tuesday that his client’s worth is $4.4 million, which presents a problem after he was hit last week with a $5 million verdict for publishing a sex tape starring rival Rick Ross’ ex-girlfriend.

Jackson explained in court that while his social-media accounts may be filled with flashy photos, “I take the jewelry and the cars back to the stores,” according to the New York Daily News.

Read more: http://www.businessinsider.com/50-cent-in-court-after-bankruptcy-sex-tape-ruling-2015-7

stef Posted by on Jul 21 2015. Filed under Entertainment. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

2 Comments for “50 Cent testifies his lifestyle is an illusion: ‘I take the jewelry and cars back to the stores’”

  1. Alley Man

    I think 50 cent has more money than he is admitting to. When you file Bankruptcy, often times you hide your assets to get out of your debts that you dont want to pay.

  2. Eva

    Hello i am kavin, its my first time to commenting anywhere, when i
    read this article i thought i could also create comment due to
    this good paragraph.

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