Last week, 50 Cent shocked the world when he filed for bankruptcy after he was ordered to pay $5 million to the mother of Rick Ross’ child for leaking her sex tape in retaliation for their ongoing feud. He’s been back in court this week to determine how much of that he’ll actually have to pay, and while he’s continued to flaunt a rather lavish lifestyle on social media, 50 told a judge that it’s all for show and he doesn’t actually live like that.
From Page Six:
The rapper, ordered to testify about his finances in Manhattan Supreme court Tuesday morning, said that his over-the-top displays of wealth — the bling, the Lamborghinis, Bentleys and Rolls Royces — are all smoke and mirrors.
“Those cars were rented,” admitted the 40-year-old rapper, whose real name is Curtis Jackson.
“It’s like music videos, they say action and you see all these fancy cars but everything goes back to the dealership,” he added.
The rings, the chains?
“I borrowed from the jeweler,” he admitted.
In reality, he owns just three gold chains, which he has a jeweler refashion into a new piece every now and then, he said.
And forget about a diamond-studded Rolex–he said he wears a plastic Casio G-Shock instead.
Stoppppp. Is he for real? He and his team claim that he’s only worth $4 million, which… LOL, no. Forbes actually estimated his worth somewhere around $155 million, and while I’m sure most of that isn’t liquid, trying to say you wear a plastic Casio watch has me in tears (of laughter).
Jackson had to admit he still commands top dollar for appearances, taking $100,000 for a day of filming “Spy” and $200,000 for a concert appearance last week in London.
He also confirmed that his 17-acre Connecticut estate has a basketball court and a nightclub — though he couldn’t remember the zip code for his 21-bedroom pad.
In court, Jackson tried to sweeten the jury of four women and two men by flashing big smiles.
“You gotta smile when you’re in a public situation. If you’re crying they’re just having more fun with you,” he said.
I’ve always loved 50 and I still do, he cracks me up. But this is just ridiculous. Apparently his lawyer told the court that his bank account is ever-shrinking because he still owes $1800 to his grandfather for an unpaid debt, among other outgoing costs. HAHAHA. Oh, Curtis.