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Back in July, Curtis “50 Cent” Jackson filed for bankruptcy just days after he was ordered to pay $5 million for leaking a woman’s sex tape in an attempt to rile her ex-partner Rick Ross. Almost as soon as the news of Fiddy’s Chapter 11 filing hit the web, folks began making jokes about his financial status, claiming he was actually only worth 50 cents.

At the time, Jackson, who’s extremely active on social media, called the bankruptcy purely a business move (probably to avoid paying the lawsuit), and now it appears he was right.

Recently, Jackson posted a video on Instagram showing off his new mansion in Africa.

https://instagram.com/p/7QMLYQsL04/

“My crib is almost finished in AFRICA,” he wrote. “I’m gonna have the craziest House warming party ever.”

While many have speculated about which country Jackson’s new home is in, the rapper has yet to reveal where in Africa he’ll be. Instead he told his fans, “I’ll explain later. I got a good life Man.”

Now, since we know Fiddy isn’t strapped for cash we wonder if he’ll pay what he owes Lavonia Leviston. I’ll guess we’ll just have to wait and see.

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  • Me

    He was upfront about why he filed bankruptcy. It was to keep from having to pay her, and I’m guessing he named her as one of his creditors that he owed money to. Now that that’s done & his debts have been wiped away, it’s business as usual. This is Trump 101: How to keep your millions and fleece your debt so that the rest of society suffers more down the line.

    • LogicalLeopard

      And thaaaatss….pretty much it!

      “So you declared bankruptcy, what will you do now?”

      Regular person: I don’t know…..start over, I guess? I feel so embarrassed! I suppose I’ll try to make it the best way I can.

      Rich person: Well, besides building a mansion in Africa? I dunno, maybe celebrate with some expensive champagne and endangered panda steaks?

    • AfroCapricornette

      Lmao…erm…didn’t our Prez-to-be Trump (lmao) file like 4 times? Yeah, that shit doesn’t work for us mere mortals. Credit ruined, cannot even rent a dog kennel etc. Sigh…

    • LogicalLeopard

      *LOL* Yes! Trump is a great posterboy for it. Sometimes people will say, “Uh, isn’t Trump broke? He just declared bankruptcy a while back.” NOPE. *LOL* I think Rosie O’Donnell thought that, so it’s REALLY bad when a millionaire doesn’t know how bankruptcy works for the ultra wealthy.

    • AfroCapricornette

      Heck, even when asked in the debate why he didn’t pay the lenders and filed, he puckered his lips like an a$$h0l3 and said something like, “These aren’t good people! These are bad people”! Oh, so we mere mortals are being schooled on personal responsibility and paying debts owed and he doesn’t give a flying fig? Do we owe debts to angels or ghosts or what? Smh…lemme end rant here lol

    • LogicalLeopard

      *LOL* Yes, because debts don’t count when they’re “bad people.” But you should probably be leery of borrowing money from Satan, Inc. anyway. *L*

    • Mary Burrell

      LMAO @ “Rent a dog kennel”?

    • AfroCapricornette

      You know it’s true! lmao.

    • AfroCapricornette

      Dear Lord, panda steaks??? Lmao! Hey, stranger things have been eaten. I’ve had horse mince meat so no side-eye from me lol.

    • LogicalLeopard

      *LOL* I kind of just tried to think of the most indulgent thing I could think of.
      Endangered Bald Eagle “Chicken” Nuggets? Nah, too common…..

    • AfroCapricornette

      Lol bottle nosed dolphin deep-fried snout. Ay!! Lol

    • LogicalLeopard

      *LOLOL* YES! If I were wealthy enough to be on a show like MTV cribs, that’s what I would show in the kitchen. “Yo man, look here….I got some deep fried bottle nosed dolphin snout, some Manatee burgers, some lion steaks I got on safari, and of course, Funyons.

    • AfroCapricornette

      Ayyyy! If PETA is reading this and comes for us, I’ll move to one of those uninhabited isles off the Pacific with no wifi. Lmao!

    • LogicalLeopard

      *LOL* I don’t know if I could do no wifi. I got to have at least a whale oil energy generator for my Wifi connection there! *LOL* And maybe I’d find a dodo bird to make some survival jerky with.

    • AfroCapricornette

      Lmao now you have a bullseye on you by vegans and ecologists worldwide. Better have enough whale blubber to fashion a raft when they come for you in a chopper! Lol

    • LogicalLeopard

      Raft? I just planned to string a couple dolphins from Sea World together and build sort of a houseboat on their backs, with coal powered heat (because it gets cold on the open water) and a coal powered “fish thrower” at the front. See, the fish thrower throws endangered fish ahead of the raft, and the dolphins swim to eat it. Perfect, natural power! Like a team of horses, only cuter and semi-intelligent.

    • AfroCapricornette

      Lol I knew why he did it the second I read that he filed a Chapter 7. I just shook my head at people on social media thinking he was now in poverty. Fiddy is now a biz man. He leveraged his rap fame and used the $$ made and possibly connections to get him here. I respect him for that. Not like Soulja Boy who allegedly bought a jet, owed Uncle Sam and filed for bankruptcy. My people call that stupidity “money miss road”.

      Side note: That mansion better be in West Africa! Lol

    • Zorino

      Honestly, I don’t think people truly believes he’s broke and in poverty. Beefing, humiliating women and his rap “enemies” is 50 Cent’s daily bread. So, people are using the same tactics to get at him now that he filed for chapter 11.

      Anyway, musically the guy has been dead, and the only way he knows to somehow stay relevant is controversy of some sorts on IG and Twitter.

      Business-wise, he does have investments outside the music world so he should be able to have a good life.

  • Objection

    I’ll guess we’ll just have to wait and see.

    There is a difference between chapter 11 and chapter 7. Chapter 11 is design for corporations or solo proprietorship to pay creditors over time. Chapter 7 is used to clear all debt. If she is listed as a creditor, she will be paid over time.

  • BillipPhailey

    Whoever shot him 9 times and didn’t aim for center mass is responsible for this.

    • AfroCapricornette

      Lol. I shouldn’t be lol’ing but he’s got that person to thank, you know. He used that experience (rapping about it and putting it in media) as motivation to get here as he obviously didn’t want to live that life anymore so hats off to him from moi!

    • BillipPhailey

      He is the human embodiment of the Rap Game ™.

      My theory is that the record company’s A&R realized he needed a hard luck story to appeal to white teens by superficially appearing to appeal to inner city black teens.

      They realized he was a mediocre fraud who needed “street cred”. Thus, they hired someone to take shots at him. Enough bullets to sound like a survivor, but poorly aimed so as not to kill the golden goose.

    • AfroCapricornette

      Oh yeah? I thought that happened before his rise to mainstream fame when he was still unknown? Hmmnn…

  • [email protected]

    He’s grown and he owning a home in Africa is his own business. His actions towards women and other human beings shouldn’t be admired or glamorized. Obviously, he has money and many have executed bankruptcy claims for a diversity of purposes like handling finances better and dealing with debt situations. The problem is that 50 Cent and other people made a career off of humiliating people, mocking people, cursing people out, and executing misogyny regularly. We live in a heavily selfish, materialistic society. His disrespectful conduct to Lavonia Leviston is abhorrent. We will see what the future holds for 50 cent.

  • Zorino

    Nah, Curtis stay out of Africa!