You might not know it from all that cash he splashes across social media, but it looks like 50 Cent’s fortune, while still vast, is a fraction of what it was at its peak.
The “In Da Club” rapper claims, according to bankruptcy documents
obtained by TMZ, that his bank holdings come to $7.4 million, while his real estate portfolio is valued at $8.8 million. Combined, his total assets push past $16 million. Obviously, that’s still a lot of money by just about any measure, but it’s a far cry from the $155 million Forbes estimated his net worth to be last year.
And the pressure only seems to be mounting.
Earlier this month, the woman who won $7 million from a sex-tape dispute joined partners in a failed headphone deal to ramp up efforts at getting their money. The unpaid groups,
The Wall Street Journal reported, asked a judge to put a lawyer in charge of the 40-year-old entertainer’s business affairs and give him power to pay off the debts by selling his properties.
It remains to be seen if 50 Cent opts for a lower social-media profile in light of recent developments. Don’t bet on it, though. In the wake of his bankruptcy filing last year, he didn’t exactly wax impoverished by
flaunting his new African digs or by posting these Instagram gems.