World famous 50 Cent is bankrupt? He stressed that he has been pretty much broke for some time now. The 40-year music icon appeared in court on July 22nd, as a way to share his financial situation and the ongoing $5 million litigation. He claims that his insolvency scenario is as real as they get and that his image is manufactured.
The image he made is false, he does not actually possess a lot of high-priced cars or diamond jewelry for himself. The rap star, whose real name is Curtis Jackson, said he doesn’t really have an expensive lifestyle and that he borrowed all of the opulent materialistic things typically found in his music videos. The rapper explained that he actually made only six figures on his recent feature film appearances. Also, he is paid a mere 10 cents per record for his music sales.