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50 Cent Reportedly Filed For Bankruptcy

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

July 13, 2015

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.

Posted: July 13, 2015