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
News OTF Snitch OTF Jam Speaks On How Lil Durk Hooked Him Up When He Got Out OTF Snitch OTF Jam Speaks On How Lil Durk Hooked Him Up When He Got Out / News News Rowdy Rebel Addresses His Relationship With Bobby Shmurda Rowdy Rebel Addresses His Relationship With Bobby Shmurda / News News Watch Shaq Perv On Angel Reese Watch Shaq Perv On Angel Reese / News News See The First Photo Of Big Meech Since His Prison Release See The First Photo Of Big Meech Since His Prison Release / News News Kanye is Suddenly Looking a Lot Younger Kanye is Suddenly Looking a Lot Younger / News News Goons Lil Durk Sent To Kill Quando Rondo Didn't Follow His Directions & Implicated Him Goons Lil Durk Sent To Kill Quando Rondo Didn't Follow His Directions & Implicated Him / News