This morning (July 21), 50 Cent attested to the fact that he's not worth $155 million as Forbes claimed prior to him filing for bankruptcy,
and that most of his possessions are either borrow or rented. "It's
like music videos, they say action and you see all these fancy cars but
everything goes back to the dealership," he stated in his testimony
while in Manhattan Supreme Court.
According to Page Six, 50 flashed "big smiles" at the jurors while
downplaying his lifestyle, admitting that he's only worth "no more than
$4.4 million" as they decide how much he will pay the woman whose sex
tape he released. 50 Cent was ordered to return to court to discuss his
financial status, and during that time he professed that all of his
chains, watches and rings were "borrowed from the jeweler," and all of
his cars were rented, not owned. "Now that I've filed for
bankruptcy...I'm not as cool as I was last week," he told the court,
referring to his image.The Southside emcee also added that "hip-hop culture is aspirational," which is why he's fronted about how much he was actually worth in the past. He alluded to the fact that he has a 17-acre estate in Connecticut and currently has partnerships with several brands.
According to reports from last week, Curtis Jackson is currently $28 million in debt.
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