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50 Cent's bankruptcy papers show 7 cars, businesses in red

1 year 5 months 2 weeks ago August 04, 2015 Aug 4, 2015 Tuesday, August 04 2015 August 04, 2015 11:11 AM in News
Source: Associated Press
By: APNewsNow

HARTFORD, CT - Rapper 50 Cent says in a Connecticut bankruptcy filing that he owns seven cars valued at more than $500,000, including a 2010 Rolls Royce and a 1966 Chevrolet Coupe.

His Farmington property is his most valuable property. It's listed in papers filed Monday at nearly $8.3 million.

The filings also show losses of more than $10 million in 2013 and 2014, with expenses outstripping income and losses posted in 50 Cent's records, adult film and G-Unit Brands businesses.

As of July 13, the businesses were in the black.

The rapper was born Curtis James Jackson III. He filed for bankruptcy last month after a New York City jury ordered him to pay $7 million to a woman who said he posted online a sex tape she made with a boyfriend.

Image: Google+

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