50 Cent Reportedly Filed For Bankruptcy

Right after being ordered to pay $5 million in a sex-tape lawsuit.

July 13, 2015
50 Cent Reportedly Filed For Bankruptcy Michael Buckner / Getty Images

The Wall Street Journal reports that 50 Cent filed for bankruptcy this morning. This is strange, seeing as Forbes recently included the rapper on their list of the 5 richest men in hip-hop, valuing his worth around $155 million. According to the bankruptcy papers, the MC claimed "assets and debts each in the range of $10 million to $50 million."

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50 Cent was recently found guilty of posting Lastonia Leviston’s sex tape online without her permission. The court ordered him to pay her $5 million.

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50 Cent Reportedly Filed For Bankruptcy