50 Cent is a financial shadow of his former self … this according to new bankruptcy docs obtained by TMZ.
The mogul claims in the legal docs his bank booty totals $7.4 million. Add to that his real property holdings of around $8.8 million and his total assets are just north of $16 million. It’s a breathtaking number, but not in a good way. 50 sold his interest in Vitaminwater for somewhere between $60 million and $100 million. Mind you … that’s just the water. At his peak, 50 was reportedly worth hundreds of millions of dollars.
Even with less money on the books, 50’s far from broke. The 40-year-old MC filed for bankruptcy protection in the midst of losing a $7 million judgement to Rick Ross’ baby’s mother, Lastonia Leviston . Between Leviston and $28 million in other debts plus legal fees, bankruptcy seems like the best financial move.
50 has put it out there that he has declared “rich man’s” bankruptcy … and that he’s still rolling in the dough. He’s got more money than most, but compare him to The Game , who deposited more than $13 million in his charity account alone.