50 cent only worth 4.4 million

bigrodthe1

The Kang
Supporter
Joined
May 1, 2012
Messages
12,054
Reputation
2,365
Daps
29,919
Reppin
7mile to SE & Uptown!
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.
:mjcry:
50 in court having fun out chea getting his
eyqqa.jpg
on
 

Still FloW

Gawd Of Shinobi
Joined
Dec 5, 2012
Messages
16,859
Reputation
4,745
Daps
58,097
Reppin
Inside K. Michelle's Box
"As thousands of business owners are discovering during this downturn, sole proprietors are nearly always forced to file for personal bankruptcy if business debts overwhelm them. As far as a court is concerned, the person and the business are one and the same. Even owners of limited-liability corporations or corporate partnerships are often held hostage by loan agreements that use their personal assets as guarantees."

"Sole proprietors should understand that their personal and business assets are considered the same. If debts overwhelm the business, the only way out is probably a personal-bankruptcy filing."

The Double Whammy of Bankruptcies

:lupe:

:lupe:
 

Bolzmark

Superstar
Joined
May 23, 2012
Messages
8,212
Reputation
1,196
Daps
26,679
Reppin
ATL
I don't know. Could be true. Or it could be a little more. You gotta be careful when you hear "This person is WORTH so and so". What does that mean exactly? You know its a common practice to have a business and say its worth more than it is for the purpose of attracting investors. We all know 50 ain't sellin music anymore. I believe the numbers concerning the movies and Power. Those come from legit companies and they ain't gonna lie about what they are paying him. I would expect the Power money to go up though. And don't forget, 50 lost that lawsuit to Sleek Audio - he owes them $16 million. Richer people have bigger bills. Cant remember the last time I have seen 50 in a car that costs less than $200,000.
 

keond

Veteran
Supporter
Joined
Aug 29, 2012
Messages
24,728
Reputation
11,713
Daps
207,402
Reppin
ATLANTA
Well i think the there is alot of conflation and dumb nikka logic in this thread. (personal bankruptcy is TOTALLY different from a company filing bankruptcy which is what P and Trump did)

I dont think he is rich as some think he is, and he isn't as broke as he says he is. The answer lies in the middle

I been telling yall for years rappers are the biggest liars on the planet. I worked in radio and concert promotions for years. I can attest first hand that alot of these nikkas be fronting. Alot of your favorite rappers was in 500k videos leeching off strippers to pay their cell phone bills. I promise.

The thing about 50 is this. He placed all his value in sales at one point. He clowned other nikkas, that was his entire self worth. When his sales fell then he had to switch the narrative over to being some sort of genius mogul. He orchestrated this through some shrewd moves, plus he knew nikkas dont fact check shyt. Just say it and nikkas accept it as gospel. Just like his Vitaminwater deal. 50 said he got 100 million, so nikkas ran with it. Did Coke or Vitamin water ever say it.......nope. He got paid, but knowing how much rappers lie lets say he got half of that......50 mill. Then he had the headphones deal. He promoted the shyt outta them. But i live in a black city and i can tell you i aint seen not one nikka with them on. Not one.

I mean there is more, but i dont think Fif is lying when he says he not as rich as some folk says is. Either way he is fukked because the feds are cracking down on perjury in bankruptcy cases.........especially high profile ones. This is the biggest one yet. If Fif think he is gonna lie his way out of this, he gonna learn.
 

Mike Otherz

All Star
Joined
Jun 7, 2012
Messages
5,237
Reputation
-170
Daps
10,317
Reppin
NULL
$0.10 a record? :mjcry:


38 million sold, $3.8 million total. after taxes, $1.9 mill. after paying off managers, lawyers, etc, this nikka just a like a exploited boxer…..
 
Top