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Breaking! 50 Cent Declares Bankruptcy

 
Anonymous Coward
User ID: 61554461
United States
07/13/2015 11:41 AM
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Breaking! 50 Cent Declares Bankruptcy
According to the bankruptcy filing -- a story first reported by Page 6 -- 50 says his assets are valued between $10 and $50 million but his liabilities are also between the same range.

On top of that, 50 lost a court case in which a jury socked him with a $17.2 million judgment over ripping off a headphones design.


It's a breathtaking fall .. in May, Forbes estimated 50's net worth at $155 million.


[link to www.tmz.com]
Anonymous Coward
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07/13/2015 11:43 AM
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Re: Breaking! 50 Cent Declares Bankruptcy
That what they mean by nagger rich?
BRIEF

User ID: 65696907
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07/13/2015 11:44 AM

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Re: Breaking! 50 Cent Declares Bankruptcy
He was Nagger rich.

Nagger rich goes way back to when I was a kid and Negroes actually worked for a living. They got paid on Friday and blew their paycheck partying on the weekend and were broke come Monday...but come the weekends they were Nagger rich.
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
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07/13/2015 11:44 AM
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Re: Breaking! 50 Cent Declares Bankruptcy
Now that is what you call a 50 cent millionaire.
gcxc
User ID: 1786840
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07/13/2015 11:45 AM
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Re: Breaking! 50 Cent Declares Bankruptcy
Allowing him to pay his creditors 50 cents for each dollar he owes? ;)
Not A Shill

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07/13/2015 11:45 AM
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Re: Breaking! 50 Cent Declares Bankruptcy
good , he's a tard
Anonymous Coward
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07/13/2015 11:45 AM
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Re: Breaking! 50 Cent Declares Bankruptcy
He should run for president, obviously people think that qualifies one to run the country. chuckle
Anonymous Coward
User ID: 69367307
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07/13/2015 11:46 AM
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Re: Breaking! 50 Cent Declares Bankruptcy
He was a prophet, as his net worth is now 50 cents
archangel300

User ID: 1434579
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07/13/2015 11:48 AM
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Re: Breaking! 50 Cent Declares Bankruptcy
I'm sure the European Union can give him a bailout offer and help him with a payment options.
archangel300
Anonymous Coward (OP)
User ID: 61554461
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07/13/2015 12:05 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
poor fitty
Anonymous Coward
User ID: 40617050
United States
07/13/2015 12:07 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
Maybe they'll let him keep fiddy cent so he won't be completely broke.
Anonymous Coward
User ID: 58351617
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07/13/2015 12:08 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
his name is bankable as an actor or a rapper, he will be fine

anonstoner
Anonymous Coward
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07/13/2015 12:09 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
A fool and his money are soon eventually parted.
Anonymous Coward
User ID: 5917739
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07/13/2015 12:09 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
He was Nagger rich.

Nagger rich goes way back to when I was a kid and Negroes actually worked for a living. They got paid on Friday and blew their paycheck partying on the weekend and were broke come Monday...but come the weekends they were Nagger rich.
 Quoting: BRIEF



My first thought as well.

This is exactly right and this same conclusion has played out over and over and over again throughout history by virtually everyone who acts like 50 does.

If you THINK you are rich, and as a result you don't have to pay attention to your cash-flow, you're on your way out.

Riches to rags stories are everywhere.
Anonymous Coward
User ID: 69614893
Netherlands
07/13/2015 12:09 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
How do these guys do it?

Seriously, give me 150 million and I couldn't even spend it all if I tried.

I'd buy a new house with a nice yard, a new car (not even a Ferrari, just the latest model Volvo) and a Holiday home somewhere sunny.

2 million max.
Anonymous Coward
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07/13/2015 12:10 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
He was Nagger rich.

Nagger rich goes way back to when I was a kid and Negroes actually worked for a living. They got paid on Friday and blew their paycheck partying on the weekend and were broke come Monday...but come the weekends they were Nagger rich.
 Quoting: BRIEF


Same here too. After child support, liquor and Nikes then bumming twenty dollars from co workers till next Friday. Oh and then add that to Fridays payout, all the money they've bummed through the week.
Anonymous Coward
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07/13/2015 12:10 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
He was a prophet, as his net worth is now 50 cents
 Quoting: Anonymous Coward 69367307


cruise

I was thinking the same thing!
Anonymous Coward
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07/13/2015 12:10 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
A fool and his money are soon eventually parted.
 Quoting: Anonymous Coward 68546039


Exactly fucking right. You said it well.
Anonymous Coward
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07/13/2015 12:11 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
Floyd Mayweather could have a field day with this one.....
Anonymous Coward
User ID: 5917739
United States
07/13/2015 12:12 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
How do these guys do it?

Seriously, give me 150 million and I couldn't even spend it all if I tried.

I'd buy a new house with a nice yard, a new car (not even a Ferrari, just the latest model Volvo) and a Holiday home somewhere sunny.

2 million max.
 Quoting: Anonymous Coward 69614893



Absolutely UNTRUE. You might think that now, but I assure you that your mind would change instantly. Look how many lottery winners fortunes end in disaster - pretty much all of them. How many heirs of wealthy people end up busted as well. It's a natural occurrence.
Anonymous Coward
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07/13/2015 12:12 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
Anonymous Coward
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07/13/2015 12:13 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
his name is bankable as an actor or a rapper, he will be fine

anonstoner
 Quoting: Anonymous Coward 58351617


NO, he won't. If you gave him a trillion dollars he'd piss it away just the same. The amount is meaningless with an attitude like his.
Anonymous Coward
User ID: 5917739
United States
07/13/2015 12:15 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
Allowing him to pay his creditors 50 cents for each dollar he owes? ;)
 Quoting: gcxc 1786840


Just as with OJ in the civil suit, they will take whatever they can find. He's gonna lose it all.
Anonymous Coward
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United States
07/13/2015 12:26 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
Does he have a grill? He might be able to pull his teeth and pawn them at the local shop and buy himself a couple of 40s.
Anonymous Coward
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07/13/2015 12:26 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
Just keepin' it real
Anonymous Coward
User ID: 56687695
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07/13/2015 12:27 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
lol. guess he got old and no longer sexually appeals to the old fat white dude anymore. toss him to the wayside!
John Gault
User ID: 67614659
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07/13/2015 12:35 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
Read Francisco D'aconia's money speech in atlas shrugged for an explanation to the article.
Anonymous Coward
User ID: 61012680
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07/13/2015 12:36 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
He sold that Vitamin Water for a crazy amount how can he be broke?
Anonymous Coward
User ID: 69756233
United Kingdom
07/13/2015 12:37 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
He was Nagger rich.

Nagger rich goes way back to when I was a kid and Negroes actually worked for a living. They got paid on Friday and blew their paycheck partying on the weekend and were broke come Monday...but come the weekends they were Nagger rich.
 Quoting: BRIEF


Did you ever see a "nagger roll?" (two fifties either end of a wad of ones.)
Anonymous Coward
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07/13/2015 12:54 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
Good, now he can live up to his name.
Anonymous Coward
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07/13/2015 12:57 PM
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Re: Breaking! 50 Cent Declares Bankruptcy
He was Nagger rich.

Nagger rich goes way back to when I was a kid and Negroes actually worked for a living. They got paid on Friday and blew their paycheck partying on the weekend and were broke come Monday...but come the weekends they were Nagger rich.
 Quoting: BRIEF



My first thought as well.

This is exactly right and this same conclusion has played out over and over and over again throughout history by virtually everyone who acts like 50 does.

If you THINK you are rich, and as a result you don't have to pay attention to your cash-flow, you're on your way out.

Riches to rags stories are everywhere.
 Quoting: Anonymous Coward 5917739




You guys are ALL Morons, his company SMS filed for chapter 11 bankruptcy only to NOT have to pay Rick Ross's baby moms over the lawsuit she just won. judge ordered him to pay 5 million, so to not have to pay this his company files chapter 11... his personal wealth is still 155 million...

He's doing a donald trump and its gonna work, why should he have to pay that bitch any money at all, she made the sex tape and was cool with it.





GLP