50 Cent Bankruptcy by the numbers [WSJ]

[Young/Nacho\Drawz]

this revelation must be like a knife to the heart for 50 stans who swore he was up their with jay dre and diddy, and that he was a genius with a stellar business acumen

lol No one knows what Jay, Diddy or Jay really have just like no one knew what 50 had.

 

[YouMadd?]

That's crazy that he thought it was a good idea to buy a mansion that was owned by a person who lost 500mil...

 

[beenz]

maybe I'm in the minority still, but is there no way he could have transferred the majority of his money overseas or to one of his companies where the bankruptcy courts couldn't touch it?

 

[kingstl]

this nikka be lying about his whips too and the ni99a aint even current on child support

 

[N.J.stan]

I read just now he sold his music catalog for 6mil recently

Da fuq happened fif

 

[Geek Nasty]

Worth does not equal how much money they have on hand.

Between all his business ventures that may add up to 155m. But forbes is horse shyt anyway,and just guesses.

In Forbes' defense they don't ahve all of a person's financial data on hand. They can only guess from public information. Trump has been BSing his network for years and only after a guy dug into the number did he find out Trump has exaggerated his wealth by about 20X what it really is.

 

[kav45]

maybe I'm in the minority still, but is there no way he could have transferred the majority of his money overseas or to one of his companies where the bankruptcy courts couldn't touch it?

he did try to lie and said he only had 4 mil, these people are forensic accountants and to keep lying under oath would be perjury, plus i think alot of offshore places have had transparency laws imposed upon them, I know Switzerland did and some Caribbean islands

 

[beenz]

he did try to lie and said he only had 4 mil, these people are forensic accountants and to keep lying under oath would be perjury, plus i think alot of offshore places have had transparency laws imposed upon them, I know Switzerland did and some Caribbean islands

so his vitamin water deal was this entire time?

 

[King Poetic]

that house was not necessary which basically ruined him financially..

i wish him the best, but there's nothing wrong with a million or even 2 million dollar home

 

[kav45]

so his vitamin water deal was this entire time?

i think he earned alot from it but the amount [100m] was just overexagarted, he also seems to have failed investments and bad spending habits

 

[I_Got_Da_Burna]

cotdamn fifty's pockets are

Nasir got more money than dukes now, and Nas ain't even a businessman like that

 

[Robbie3000]

that house was not necessary which basically ruined him financially..

i wish him the best, but there's nothing wrong with a million or even 2 million dollar home

It's ridiculous buying that kind of house unless you are a billionaire or some shyt.

 

[beenz]

cotdamn fifty's pockets are

Nasir got more money than dukes now, and Nas ain't even a businessman like that

man, I don't know why entertainers ALWAYS wanna invest in tangible businesses. If ur a millionaire, you could invest in a mutual fund and if you get a modest growth of 8% annually, you're gonna make a killing because of the power of compound interest.

 

[FSP]

Did anyone know 50s baby mama was this fine





She is a fukking 11

 

[FSP]

It's ridiculous buying that kind of house unless you are a billionaire or some shyt.

He only bought it for 4 million and this was when he was making that grodt money