In the latest docs, 50 Cent reports just $16 million in assets and $7 million in his bank account. According to Bossip, these numbers are reported in his mandatory spending statement for the month of February.
Eight months after filing for Chapter 11 bankruptcy, 50 Cent claims to have $7.35 million to his name alongside $16.3 million in assets.
Docs said he spent $83,226 total in February including $5,700 on a lease for a Bentley and $6,500 for lawn maintenance, as well as child support totaling $12,097 and a mortgage payment of $17,354 on his Connecticut mansion. He also spent $5,600 on fitness and paid personal trainer Jay Cardiello $3,600.
For income, 50 Cent said he made $1,538 from his work with G-Unit Records and claims $29,597 in royalties while receiving $520 in tax returns.
He’s close to completing his bankruptcy case after reaching a settlement with his top creditors.
Click ‘Next' to see the next part…→