Legal

New Documents Suggest 50 Cent Isn't Broke

By HHL Editors
pixel_start

Last month, 50 Cent filed papers saying that he had only $16 million in assets against $36 million in liabilities.

It turns out he was under reporting his assets by a factor of four. And this is not good news for 50 Cent.

The Daily Mail has obtained documents stating 50 has $64 million in assets.

Appraisers examining Fif's finances discovered that he had $10 million in checking and stocks, $44 million in businesses, and $10 million in real estate and personal property.

50 Cent's two biggest creditors are Rick Ross's baby mama Lastonia Leviston ($7 million) and his ex-headphone partners ($17 million.)

50 declared bankruptcy to avoid paying them. But given this latest finding it stands to reason the judge is going to reject Fif's bankruptcy claim and order him to sell off some of his businesses and properties so he can make Leviston and the rest right.

Judge Ann Nevins has already stated that she has concerns about allegations of nondisclosure and a lack of transparency in the case, and has ordered 50 to come to court to explain the photos of cash he keeps posting on his Instagram page.

50 cent finances pixel_end
Posted In: Legal 50 Cent
News Lil Meech Lets 50 Cent Know That He's Riding For His Father Lil Meech Lets 50 Cent Know That He's Riding For His Father / News News 50 Cent Weighs In On His Ex Vivica A. Fox Getting A BBL At 60 50 Cent Weighs In On His Ex Vivica A. Fox Getting A BBL At 60 / News News 50 Cent Mocks Rick Ross For Being Bow Wow's Opening Act 50 Cent Mocks Rick Ross For Being Bow Wow's Opening Act / News News 50 Cent Reacts To What Orlando Brown said About Diddy & Meek Mill's Butthole 50 Cent Reacts To What Orlando Brown said About Diddy & Meek Mill's Butthole / News News 50 Cent Reacts To Yung Miami's Words About Dating Him 50 Cent Reacts To Yung Miami's Words About Dating Him / News News 50 Cent Shows Sign Of Life After Report He'd Been Shot In Hollywood 50 Cent Shows Sign Of Life After Report He'd Been Shot In Hollywood / News