Who saw this one coming?
On Monday, rapper and entrepreneur 50 Cent filed for chapter 11 bankruptcy.
The rapper, whose real name is Curtis Jackson III, filed the court papers in the U.S. Bankruptcy Court in Hartford, Conn., with debts ranging from $10-50 million, according to the Wall Street Journal.
Jackson was just ordered to pay $5 million to Lastonia Leviston, the mother of Rick Ross’ child, for allegedly leaking her sex tape with the Bawse online.
The Queens rapper has made large sums lot of money over the years, including $100 million from a deal with Glacéau. His Starz hit television show, Power, has already been renewed for a third season.
He has a net worth of $155 million.
SOURCE: Wall Street Journal | PHOTO CREDIT: Getty | VIDEO SOURCE: NDN