SpacelySprockets
Veteran
he getting off scot free if thats the case
50 cent only worth 4.4 million
- Thread starter Standing on business
- Start date
Frida Giezman
Banned
50 Cent appears in Manhattan courtroom in sex tape trial
50 Cent is facing the music.
The rapper, who filed for personal bankruptcy in Connecticut court last week, showed up in Manhattan Supreme Court on Tuesday morning to testify about his estimated $150 million fortune — and offered a cheap apology to the woman whose sex tape he posted online.
"I'm sorry if you feel like I hurt you," he told Lastonia Leviston shortly after taking the witness stand in her multimillion-dollar lawsuit against him.
The "Power" star — whose real name is Curtis Jackson — has been subpoenaed to testify as the jury that already ordered him to pay Leviston $5 million weighs punitive damages against him.
Fitty's lawyer, James Renard, told jurors his client's net worth was $4.4 million — and that was before Leviston's $5 million award.
Leviston's lawyer, Philip Freidin, said he was worth many, many millions more — noting his successful music and acting careers, numerous endorsement deals, a popular website, his own record company, a Connecticut mansion, and fleets of luxury cars on both coasts.
But Jackson, 40, portrayed his wealth as a mirage.
"I take the jewelry and cars back to the stores" after posing for pictures with them, he told Manhattan Supreme Court Justice Paul Wooten.
Asked about his 38 million in record sales, he said, "I make ten cents a record." When asked about the two movies he's currently in, "Spy" and "Southpaw," Fitty responded that he made $100,000 for each.
When questioned about his hit TV show "Power," which he also executive produces, he said he's made about $150,000 from each of its first two seasons.
He did admit to buying a Rolls Royce on July 4 — but said he traded in two other cars to buy it. "I took two others back," he said.
He said he "hopes" that he'll continue to be successful, but said he was worried his "brand" had taken a hit since he filed for bankruptcy last week.
"Now that I filed for bankruptcy, I'm not as cool as I was last week," he said.
But Fitty also acknowledged that he's continued to live the high life since the filing. Asked about a report that he was throwing wads of bills around at a Florida strip club, he said, "Yes."
50 yous a window shopper
Well played sir
lol
Animal House
Superstar
Im like a lot of u karma is a bytch but this dont smell right
He got more than that
He got more than that
onelastdeath
Banned
its 2015
Cloud Cloud
Pro
"Yaw dont be fooled by the musicians with 5 -600k followers cause they buyin them… #thirsty
They even got teams of inturns to comment good things on interview sites to make u think people really like them..#fake {{ @SpacelySprockets @Monster
}}
Ima give yall the game on this biz foreal…
Thats why its kinda good people not buyin records nomore because ur only gonna buy who you love.
Musicans fake like they got alotta money cause they think yawll will wanna be apart of that. All those clothes cars and jewlery is rented.
They gettin at the most 100k (if that) in signing bonuses. 25k to the lawyer 20% to manager then 25% taxes = 40k to last a yr
Name 5 musicians that u still love that have been around 10yrs…"
Lyfe Jennings Reacts to K. Michelle's Breakfast Club Interview | Necole bytchie.com
==========
Who knew Lyfe Jennings was talking about 50
Currrttttiiiiiiisssssssssssssssssssssss
They even got teams of inturns to comment good things on interview sites to make u think people really like them..#fake {{ @SpacelySprockets @Monster
}}Ima give yall the game on this biz foreal…
Thats why its kinda good people not buyin records nomore because ur only gonna buy who you love.
Musicans fake like they got alotta money cause they think yawll will wanna be apart of that. All those clothes cars and jewlery is rented.
They gettin at the most 100k (if that) in signing bonuses. 25k to the lawyer 20% to manager then 25% taxes = 40k to last a yr
Name 5 musicians that u still love that have been around 10yrs…"
Lyfe Jennings Reacts to K. Michelle's Breakfast Club Interview | Necole bytchie.com
==========
Who knew Lyfe Jennings was talking about 50
Currrttttiiiiiiisssssssssssssssssssssss
If 50 so broke right, then that would mean he can't afford that presidential security he used to have. Don't 50 have mad gangstas that want to kill him? Why don't they go kill him now? Should be easy, right? 
I can't believe negros really think this is true. It's sad to see so many people happy for another black man's downfall.
if it was anyone else, 50 himself would be leading the way clowning and throwing insults.
but apparently we are supposed to feel sorry for him.
dense.
SpacelySprockets
Veteran
them "inturns" prolly dont put in half as much work researching 50 as u doThey even got teams of inturns to comment good things on interview sites to make u think people really like them..#fake {{ @SpacelySprockets @Monster
In court, Jackson tried to sweeten the jury of four women and two men by flashing big smiles.
“You gotta smile when you’re in a public situation. If you’re crying they’re just having more fun with you,” he said.
He also apologized to Leviston for calling her a “motherf–king porn star” on the video of her and boyfriend Maurice Murray.
“I’m sorry if you feel like I hurt you,” he said looking directly at Leviston, who was seated in the audience.
In the tape, Jackson edited in his own narration using his alter ego “Pimpin’ Curly,” mocking Levinston’s body and calling her a “b—h and a “ho.”
He chalked the tape up to rapper competition.
“That’s just the competitive nature of the art form,” he said.
Jackson’s lawyer, James Renard, told the jury in opening that his client’s bank account is approaching zero because of unpaid debts – which includes $1,737 owed to his grandfather.
“That’s the current financial condition and we believe that’s very important with respect to the assessment of any damages,” Renard said.
Jackson said his shrinking finances have affected his image.
“Now that I’ve filed for bankruptcy…I’m not as cool as I was last week,” he said.
“You gotta smile when you’re in a public situation. If you’re crying they’re just having more fun with you,” he said.
He also apologized to Leviston for calling her a “motherf–king porn star” on the video of her and boyfriend Maurice Murray.
“I’m sorry if you feel like I hurt you,” he said looking directly at Leviston, who was seated in the audience.
In the tape, Jackson edited in his own narration using his alter ego “Pimpin’ Curly,” mocking Levinston’s body and calling her a “b—h and a “ho.”
He chalked the tape up to rapper competition.
“That’s just the competitive nature of the art form,” he said.
Jackson’s lawyer, James Renard, told the jury in opening that his client’s bank account is approaching zero because of unpaid debts – which includes $1,737 owed to his grandfather.
“That’s the current financial condition and we believe that’s very important with respect to the assessment of any damages,” Renard said.
Jackson said his shrinking finances have affected his image.
“Now that I’ve filed for bankruptcy…I’m not as cool as I was last week,” he said.
:fif: think he can lie about his finances like the court doesn't have accountants to fact check every he's saying?
He's not worth a fraction what people think, people forget his money is his image
he's saying? He's not worth a fraction what people think, people forget his money is his image
50 Cent's Massive Business Empire
Please note he got 8% off the royalties, and Iconix bough a 49% stake in 2009 for $45 milly, so I doubt that 2006 revenue is far off
Reading is fundamental
I mean, if I was the jury I'd be like
this nikka half jewish
50 Cent: Vitamin Water
50’s best known and most lucrative recent revenue stream is his endorsement deal with Vitamin Water. After signing on to shill for the brand’s Formula 50 beverage, 50 got a stake in parent company, Energy Brands. When Coca-Cola bought Energy in May 2007, 50’s stake netted him $100 million.
Read more: 50 Cent's Massive Business Empire
50 Cent: Clothing Line
50 partnered with Mark Ecko Enterprises in the spring of 2003 to create a clothing line that was sold through Ecko Unlimited. Ecko and 50 severed their ties last year, but prior to the split, G-Unit Clothing was accounting for 15 percent of Ecko’s revenues. The line pulled in $75 million in 2006. With 50’s 8% royalty cut, that means that Mr. Jackson made $6 million from selling hats, t-shirts and outerwear emblazoned with the “G-Unit” logo.
Read more: 50 Cent's Massive Business Empire
Please note he got 8% off the royalties, and Iconix bough a 49% stake in 2009 for $45 milly, so I doubt that 2006 revenue is far off
50 Cent: Books
50 also released a ghostwritten memoir called From Pieces to Weight in 2005. According to Nielsen BookScan, it's sold 73,000 copies in hardcover and 14,000 copies in paperback. At $23 for the hardcover edition and $13 for the paperback, that's $1.7 million in hardcover sales and $182,000 in paperback sales or $1.9 million total.
His new book, The 50th Law, lays out the personal philosophy and self-confidence that reversed the fortune of his humble beginnings.
Read more: 50 Cent's Massive Business Empire
Reading is fundamental
50 Cent: Video Games
50, if you haven’t heard, was shot nine times: perfect fodder for a video game in which 50 hunts down the guys who tried to murder him. Despite awful reviews, 2005’s Bulletproof sold more than 2.5 million copies. At roughly $50 a pop (the game's original MSRP), that’s $125 million in total sales. A follow-up, Blood on the Sand, was released this February
Read more: 50 Cent's Massive Business Empire
50 Cent: Other Endorsements
50 isn't just hawking Vitamin Water, clothes and CDs. Since 2003, he's inked endorsement deals with Reebok and Pontiac. Reebok paid him $20 million in 2003 to license a G-Unit sneaker line. Reebok's reportedly sold more than 4 million pairs at $80 a pop, which means Fiddy's shoes have made more than $320 million in revenue.
Read more: 50 Cent's Massive Business Empire
I mean, if I was the jury I'd be like
this nikka half jewish
YoungMoneyCashMoneyBoy
Superstar
You been hustlin' a long time and you aint got nothin