News

50 Cent's Connecticut Mansion Finally Sells

By HHL Editors
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50 Cent has been trying to sell his 21-bedroom, 25-bath Connecticut estate for years.

He first put it on the market in 2007 for $18.5 million and has been reducing the price ever since.

The situation became more dire recently, as Fif owes over $30 million to creditors and it looks like he's not going to get relief from bankruptcy court.

According to TMZ, the home just sold for $8 million. The property's buyer plans on making it into a retirement home.

Fif bought the mega-mansion from Mike Tyson in 2003 for $4.1 million, and then did between $6 and $10 million in renovations. So he ended up taking a loss on the property.

On the bright side, this saves him the 70K a month he was paying to keep the mansion running. And he also helps some old folks live it up in their twilight years.

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Posted In: News 50 Cent

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