50 Cent files for Bankruptcy! Rapper so obsessed with officer Rick Ross he loses it all! Lost his #POWER
The following, damn 50! Should have payed more attention to business than your personal feelings about Rick Ross, news comes courtesy of TMZ!
"50 Cent is down for the count after losing a multi-million dollar lawsuit ... he's just declared bankruptcy.
TMZ has confirmed ... 50 filed for bankruptcy on Monday, 3 days after Rick Ross' baby mama won a $5 million jury verdict against him.
50 is in a world of financial hurt. A jury awarded Lavonia Leviston the $5 mil after determining the rapper intentionally leaked a sex tape in which she was featured, in order to embarrass Ross.
50 has been ordered to produce proof of income and worth so the jury can determine punitive damages.
According to the bankruptcy filing -- a story first reported by Page 6 -- 50 says his assets are valued between $10 and $50 million but his liabilities are also between the same range.
On top of that, 50 lost a court case in which a jury socked him with a $17.2 million judgment over ripping off a headphones design.
It's a breathtaking fall .. in May, Forbes estimated 50's net worth at $155 million."
Read more: http://www.tmz.com/2015/07/13/50-cent-bankruptcy-lawsuit-judgment-sex-tape-rick-ross/#ixzz3fotuRaoN
Here's my opinion.
I don't believe for one second this dude is broke!
I bet he's doing this to avoid paying what he owes! He's gonna fuck around and lose his mansion
over this dumb shit!
A few years ago 50 Cent would have done anything to harm Rick Ross.
And I don't even remember what the beef was over int he first place!
Oh well, you live and you learn.
I hope 50 Cent has grown since then and wont make the same mistakes.
I was really enjoying seeing him win!
Let me know what you think about it all below!
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