It won a judgement now worth $18,428,257 and Jackson has been unsuccessfully appealing that verdict. During the interview, 50 Cent, who has reported assets and debts each in the range of $10 million to $50 million, cited others like Donald Trump who have repeatedly filed bankruptcy.
50 also owes $137,880 to Bentley, $64,909 to American Express and 2 court judgments totaling more than $23 million.
The “Candy Shop” rapper – who recently filed Chapter 11 bankruptcy protection – laid out the details of what he owes in a federal court filing last night (16.07.15), with his biggest single debt being owed to Sleek Audio.
It came after a jury ordered the star to pay $5 million to Lastonia Leviston, whose sex tape he allegedly “leaked” and posted online without her permission to embarrass his rap rival Rick Ross.
“You know when you’re successful and stuff, you become a target”, he said.
In the wake of his financial troubles, the “Southpaw” actor posted a photo on Instagram suggesting he’d downsized his flashy wheels to a Smart vehicle, writing: “Times are hard out here LMAO #EFFENVODKA #FRIGO #SMSAUDIO”. “I gotta be frank with you”.
50 Cent, real name Curtis Jackson, has joked about the bankruptcy filing, insisting it was simply good business practice and he still has plenty of money. News earlier this week, when he clarified that he was just “reorganizing his finances”.