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“In Da Club” Rapper Filed For Bankruptcy In 2015

Bankrupt 50 Cent still has a hefty bank balance for a broke dude.

The rapper, real name Curtis Jackson, had $7,359,776 million in his bank account at the end of February, and a total of $16.3 million in assets according to his February 2016 spending statement filed this week and obtained by BOSSIP.

50 Cent spent $83,226 in February on expenditures like $6,500 a month for lawn care, $5,600 on fitness and $5,700 on his Bentley lease, according to his February 2016 spending statement filed this week and obtained by BOSSIP.

Also paid was $17,354 for the mortgage on 50 Cent’s Connecticut home, $12,097 in child support and alimony, $19,000 for “bankruptcy services” from celebrity financial firm Boulevard Management and $3,600 for personal training sessions with celeb trainer Jay Cardiello.

50 Cent reported that he’d spent nothing on food, clothes, medical expenses and charity donations, but did admit shelling out $733 for “travel and entertainment,” according to his court docs.

The “Power” actor reported that he brought $1,538 in salary from G-Unit Records and made $29,597 in royalties. He even got $520 back from his state tax refund.

50 Cent filed for bankruptcy last summer just days after a New York jury ordered him to pay Rick Ross’ baby mama $7 million for leaking a video of her having sex.

Last year, he didn’t have any major achievements, but he has won many awards throughout his career, and in 2014 he achieved several notable accomplishments, including:

  • Releasing Animal Ambition
    50 Cent released his fifth studio album, Animal Ambition, in June 2014. The album debuted at number four on the US Billboard 200 and number one on Billboard’s Independent Albums chart. 

  • Accepting Bitcoin payments
    50 Cent agreed to accept Bitcoin payments for Animal Ambition, reportedly earning around $460,000 in sales. 

  • Starring in and executive producing Power
    50 Cent starred in and executive produced the television series Power from 2014–2020. He also oversaw the development of the show’s spin-offs through his company G-Unit Films and Television Inc