CLOSE

Via AllHipHop:

Curtis “50 Cent” Jackson has continued to expand his business portfolio with new music, television shows, and product endorsements. However, it appears the New York City mogul still owes a lot of money to his creditors.

It was originally estimated in July that 50 was about $26 million in the red, but Bossip is now reporting 50’s debt is over $28 million. The website reports:

50 aka Curtis Jackson filed for bankruptcy last July, just days after a New York jury awarded Rick Ross’ baby mama $5 million in the legal battle over her leaked sex tape. According to his Chapter 11 petition, the rapper claimed his assets were between $10 and $50, million but his liabilities were in the same range.

The rapper also lost a legal battle with his ex-business partners over a failed headphone deal and was slapped with a $17 million dollar judgement in that case. The total amount of liabilities 50 Cent lists for his top 20 creditors comes to a total of $28,478,920.

Continue reading – [HERE].

Follow RoDigga @RoDigga on Twitter/Instagram/FaceBook and be sure to tune in weekdays 10am-3pm on Z1079!

Also On Z 107.9:
See The Kardashian/Jenners Dramatic Transformation Over 10 Years
24 photos
×