50 Cent, who’s made his business acumen a big part of his persona, has just filed for bankruptcy.�Fif reported assets and debts each in the range of $10 million to $50 million in papers filed in the U.S. Bankruptcy Court in Hartford, Conn today.
On Friday, 50 Cent lost the first round of his trial against Rick Ross’s baby mama Lavonia Leviston, who had sued him for leaking her sex tape. The jury awarded Leviston at least $5 million, and was set to weigh punitive damages this week.
In May, 50’s SMS Boxing Promotions also filed bankruptcy.
50 Cent has yet to comment on his bankruptcy.
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