50 Cent To File For Personal Bankruptcy So He Doesn't Have To Pay Sex Tape Lawsuit?

jilla82

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Dangerous situation to be in, so he doesn't have cash on hand but all his money is tied up in investments? While he still is wealthy it's easy for his investments to tank as well.
this thread is funny.
it shows how most people dont learn anything about money and money management.

You would be hard pressed to find someone that has $50million in cash!
Those numbers are about their assets...its dumb to keep large amounts of cash, because that shyt losses value and youre a sitting duck.

You all really think Warren Buffet has $500million in cash sitting around? :mjlol:
No...his companies keep his money.

shyt...normal people making under 6 figures know to create a Corporation...and then create LLC's and other Corps from that OG corporation.
You have to have layers of protection...otherwise...any random person (or inflation) will take all your money.

If the government wants it bad enough...they will get it...but someone like Rick Ross's baby mamma is going to have to work really hard...and spend a lot of money on lawyers.
 
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Loose

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this thread is funny.
it shows how most people dont learn anything about money and money management.

You would be hard pressed to find someone that has $50million in cash!
Those numbers are about their assets...its dumb to keep large amounts of cash, because that shyt losses value and youre a sitting duck.

You all really think Warren Buffet has $500million in cash sitting around? :mjlol:
No...his companies keeps his money.

shyt...normal people making under 6 figures know to create a Corporation...and then create LLC's and other Corps from that OG corporation.
You have to have layers of protection...otherwise...any random person (or inflation) will take all your money.

If the government wants it bad enough...they will get it...but someone like Rick Ross's baby mamma is going to have to work really hard...and spend a lot of money on lawyers.
Who the hell said he should have 50m in cash :dahell:. He was just clowning Ross for the same shyt
 

Robbie3000

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:fif: supposedly got hundreds of millions yet $5mill got this nikka going bankrupt :heh:


let's see Puff, Dre or Jay file for bankruptcy over 5 mill :mjlol:

I've been saying for years, the net worth of all these guys is inflated. Except for Dre because we now know what he actually makes.

Forbes list is bullshyt.
 

jilla82

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Who the hell said he should have 50m in cash :dahell:. He was just clowning Ross for the same shyt
because people are saying its dumb to not have cash on deck.
who the fukk keeps cash on them? shyt is dumb...its all about assets and your ability to get the money when you need it.
 
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