The ‘Candy Shop’ hitmaker, who filed for Chapter eleven bankruptcy protection last week, says his lavish life-style is totally factory-made and he has rented or borrowed everything from a fleet of luxury cars to diamond jewellery to assist him sustain appearances.
The 40-year-old star appeared in Manhattan’s Supreme Court 3 days ago to debate his finances after being ordered to pay a lady $5 million for releasing her sex tape without her permission, and told the judge: “It’s amusement.”
“Those cars were rented.”
The rapper additionally “borrowed” several different luxurious things, as well as expensive diamond jewellery, as he solely owns “a few gold chains” and “three or four watches” himself, in line with the ny Daily News.
50 Cent additionally claimed he solely receives 10 cents per record for his music sales and earned a modest $100,000 for every of his acting roles in ‘Spy’ and ‘Southpaw’.
However, he later admitted to having signed associate $80 million deal with Reebok, a $78 million deal with an underwear company and earned $23 million from Interscope Records, further as owning a 17-acre estate in Connecticut with twenty one bedrooms.
The rapper antecedently insisted he solely filed for bankruptcy to shield his assets.
He explained: “You get a bullseye painted on your back when you’re successful, and it’s public, you become the perfect person for lawsuits.”