666 ReVeNGe 666
TROLL IS LIFE
Cosign. Rappers ain't eating like we think.
Some probably make a dentist or doctor salary (300k a year ish) but they're famous so it seems like they're worth way more.
50 Cent Bankruptcy by the numbers [WSJ]
- Thread starter kav45
- Start date
Some probably make a dentist or doctor salary (300k a year ish) but they're famous so it seems like they're worth way more.
MusicConsulting
All Star
jesus christ, almighty................That adds up until he's 18
He's paying 4.5k a month
Here's the kicker in all of this for people following along. 50 brings in +187,000 a MONTH. On any day, that's goddamn amazing. But somehow he was led astray thinking he could have all these liabilities.
Get rid of the house, hoooooooly shyt. Rent it, make it part of a reality show called "Living w/ Fif", do something.
If he gets rid of the house, he will be so much lighter and flexible.
damn he has to pay child support for a kid that he spends A LOT of time with.
hes been trying for years, he constantly lowers its selling price
ExodusNirvana
Change is inevitable...
The fukkery that will exist if he pulls shyt off successfully...
so why are you quoting me exactly?
Puff Daddy said the forbes numbers aren't close to what he actually has.. You guys actually think Jay-Z has 500m sitting around in some vault? LMAO from what?
50 has talked about it a couple times... when he first started getting a lot of money he consulted his advisers about the safest investment for a large sum. Their advice was 'real estate', which is why he purchased the house. he said this with extreme disgust in his voice... He called the house "the elephant" but its one of those things at this point... basically he cant sell it. Giving it away is not really worth it YET.
Really its the math is a little more complicated than just sell immediately...
This is not very good advice and I'm pretty sure this is not why 50 Cent bought the house, or he would have tons of property like Drake, Kanye, and Wayne do...
If you buy a house and you want it to be safe, you buy it in Florida.
All we know, in those financial statements, you notice a lot of stuff is not included in his "net worth"...he really understood that throwing your money in different holdings is can't lose.
Pay yourself interest and dividends brehs.
jilla82
Veteran
im sorry...but some of yall must just be straight up dumb 
thats just what he pays himself.
Do you think he doesnt have business interest in companies he doesnt pay himself?
How do you think people w/ businesses are able to get their personal tax percentage down to 15%? (my goof ass gets taxed like 30%...not for long 
)
Someone said its not easy to hide money overseas....how do you know that?
If banks were recently caught cleaning money for drug cartels...what do you think is going on w/ legit businesses/people?
thats just what he pays himself.
Do you think he doesnt have business interest in companies he doesnt pay himself?
How do you think people w/ businesses are able to get their personal tax percentage down to 15%?
(my goof ass gets taxed like 30%...not for long )Someone said its not easy to hide money overseas....how do you know that?
If banks were recently caught cleaning money for drug cartels...what do you think is going on w/ legit businesses/people?
