Broke? Maybe not. But 50 Cent does have some reasoning behind filing for bankruptcy.
The G-Unit mogul has piled up a pretty good deal of debt as of late, and he says he needs some help paying it off. Some of his debt includes $137,880 to Bentley, $64,909 to American Express, PLUS he has lost several lawsuits including the $5 million for leaking Rick Ross’ baby mother Lastonia Leviston sex tape.
Basically he owes a lot of people a lot of money. A California bankruptcy attorney Mark Markus told Mashable after earning $155 million he isn’t exactly broke, just trying to find a way to control how much he should pay those debts while protecting his own assets.
Makes sense…doesn’t it?
Source: hot97.com