50 Cent Bankruptcy by the numbers [WSJ]

I_Got_Da_Burna

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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.

that vitamin water deal got him gassed. he thought he could duplicate the same thing with the headphones (create the headphones, and then sell them to a larger company for a profit) and so far it has backfired completely
 

backbreaker65

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that vitamin water deal got him gassed. he thought he could duplicate the same thing with the headphones (create the headphones, and then sell them to a larger company for a profit) and so far it has backfired completely
Misconception. Glaceau was the majority owner and they sold Vitamin Water Not 50 cent. He had a percentage of the company.
 

beenz

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he even brought back the tank top:dead:

#EFFENGANG


that tank top :mjlol:

shyt looks like a woman's shirt

ld2ebzm4e12oists5a3c.jpg

8eacb666b14b69e442e26586614d13b2.jpg


btw, what happened with the g-unit clothing line? that shyt go bankrupt as well?
 

backbreaker65

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She should be for what he is paying in child support :mjlol:

I can think a of a lot of women who would look good physically if you let them get on that 800 plus k 18 year plan...:mjlol:
He got off light though, Child support especially in Los Angeles and the life style she could have easily got more. As of now it looks like he's only paying about 4500 a month, which is light.
 

JayGatsby

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that tank top :mjlol:

shyt looks like a woman's shirt

ld2ebzm4e12oists5a3c.jpg

8eacb666b14b69e442e26586614d13b2.jpg


btw, what happened with the g-unit clothing line? that shyt go bankrupt as well?
tbh that bottom one looks nice:wow:

he made a good amount from g unit clothing

I bought my g unit sneakers from Germany,was 14/14 at the time,no time to try em on,cuz rushed me out the shop,bought them 2 sizes too big,I didn't understand the EU shoe size measurements:mjcry:
 

☑︎#VoteDemocrat

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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.
Same reasons athletes always get fleeced. They work to make money. They don't use money to make their wealth like their accountants.

And it's laughable how many people don't understand net worth and what it means.

Dudes inflating their net worth based on how confident they feel that morning. Lol
 

Sensei

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NET WORTH IS ASSET - LIABILITY, 50 CENT OWES CREDITORS 32 MIL AND HAS 25 MIL IN ASSETS, WHAT IS SO HARD TO UNDERSTAND
His net worth is 12 .76 million if you ask me. With minus the $1 million dollar loan he has on his Farmington mansion $7.25m mansion+$ 0.6m in other houses +$4.4m in business ventures +$0.5m +$4,3 in royalties = $16.3 m.His other assetts can't be worth that much.I still think he has more incurred debt from lawsuits and lawyers fees. $32m is pretty much twice the $16.3m .It may be very much true he is hiding his other accounts but the fact is, he still doesn't have enough liquid assets to pay his debt. In the long run, paying off debt from a high interest bankruptcy loan would be much more damaging than not paying off his current debts in its current state. Also if he is in court fighting these lawsuits he still not going to have time to oversee his new businesses and ventures,which in turn would be falter tremoundously from this,time is money. And its that simple.
 
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