News

Bankrupt 50 Cent Has Sold His Music Catalog; Is Trying To Rent His Mansion

By HHL Editors
pixel_start

50 Cent's financial struggles are starting to look more and more real.

Yesterday, Fif appeared under oath in a bankruptcy hearing in Connecticut, and was grilled by Justice Department lawyers on his finances.

According to the New York Daily News, the 40-year-old seemed "confused" during most the of proceedings, and struggled to answer basic questions about his accountant and his banks.

His lawyers disclosed that Fif had recently sold his entire catalog of music to Kobalt Music Group for $6 million in part to raise money for living expenses, and to pay the two big lawsuit settlements he's been hit with.

His lawyers also revealed that 50 is trying to rent out his 18-bedroom 37-bathroom mansion -- which is costing him about 70K a month -- in an attempt to get his finances straight and pay off his debts.

pixel_end
Posted In: News 50 Cent

Discuss

News Kodak Black Responds To T.I.'s Diss Track With Utter Disdain Kodak Black Responds To T.I.'s Diss Track With Utter Disdain / News News Lil Dicky Has Just About Every Star On Earth On His New Project Lil Dicky Has Just About Every Star On Earth On His New Project / News News Soulja Boy's Home Burglarized While He's Locked Up Soulja Boy's Home Burglarized While He's Locked Up / News Beef 50 Cent Taunts Ja Rule Over IRS Issues 50 Cent Taunts Ja Rule Over IRS Issues / Beef News The Slovakian Who Made Tekashi 6ix9ine Speaks The Slovakian Who Made Tekashi 6ix9ine Speaks / News News Kodak Black Addresses Claims He Got Stomped Out During His Show [VIDEO] Kodak Black Addresses Claims He Got Stomped Out During His Show [VIDEO] / News