Rapper 50 Cent declares $28M of personal debts in filing
Hannah Mattix/for New York Day after day NewsRapper 50 Cent, who claims he hasn’t got a dime to spare, laid out all of his personal debts in a federal Bankruptcy Court filing.
Rapper 50 Cent, who claims he hasn’t got a dime to spare, laid out all of his personal debts in a federal Bankruptcy Court filing Thursday night, declaring he owes a total of $ 28,478,920.75.
The rapper, whose real name is Curtis Jackson, lists his largest unpaid creditor as Sleek Audio, a Florida firm that sued Jackson for stealing their headphone design. It won a judgement now worth $ 18,428,257 and Jackson has been unsuccessfully appealing that verdict.
The second largest creditor is a Florida mother, Lastonia Leviston, who sued Jackson for putting her private sex tape on the Internet and doctoring it in a way to maximize her humiliation. She won $ 5 million in hurts last week from a Manhattan jury. She is set to hear additional money for punitive hurts.
Alec Tabak/for New York Day after day NewsThe second largest creditor is a Florida mother, Lastonia Leviston (pictured), who sued Jackson for putting her private sex tape on the Internet and doctoring it in a way to maximize her humiliation.
50 CENT FILES FOR BANKRUPTCY ON DAY OF FINANCIAL TESTIMONY IN SEX TAPE SUIT
Jackson’s personal bankruptcy filing halted their deliberations but her lawyers will be in federal court in Hartford, Ct., Friday morning asking Bankruptcy Judge Ann Nevins to lift that stay so the jury to come back Monday and end their deliberations.
Eric Jamison/Eric Jamison/Invision/APThe rapper’s personal bankruptcy filing halted their deliberations but her lawyers will be in federal court in Hartford, Ct., Friday morning asking Bankruptcy Judge Ann Nevins to lift that stay so the jury to come back Monday and end their deliberations.
Among Jackson’s smaller debts is $ 1,737.33 that he owes to his father and $ 137,880 to Bentley for the car he leases.
He also owes more than $ 1 million in legal bills.
Jackson, who has been described as one of richest hip hop artists with multiple companies selling everything from composition to underwear, said in court documents earlier this week that his personal assets do no exceed $ 15 million, but he has not filed any details about those.
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