Rapper 50 Cent Files For Chapter 11 Bankruptcy Protection
- 9 years ago
Rapper 50 Cent is seeking Chapter 11 bankruptcy protection.
50 Cent has closed some incredibly lucrative deals in his lifetime, including a recent $78 million promotional agreement with a men’s undergarment line.
However, the successful performer is seeking Chapter 11 bankruptcy protection.
Papers filed at Hartford, Connecticut’s U.S. Bankruptcy Court on Monday report that the rapper’s debts and assets span a range of $10 million to $50 million.
Only days before the documents were submitted to the court, a jury ordered 50 Cent to pay $5 million to a woman whose sex tape he’d
50 Cent has closed some incredibly lucrative deals in his lifetime, including a recent $78 million promotional agreement with a men’s undergarment line.
However, the successful performer is seeking Chapter 11 bankruptcy protection.
Papers filed at Hartford, Connecticut’s U.S. Bankruptcy Court on Monday report that the rapper’s debts and assets span a range of $10 million to $50 million.
Only days before the documents were submitted to the court, a jury ordered 50 Cent to pay $5 million to a woman whose sex tape he’d