50 cents is broke do yall believe this story?
 

STORY
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Curtis "50 Cent" Jackson's hit song I Get Money is one of the hottest songs out now. In it, the platinum selling rapper brags about all his riches. But according to a person familiar with 50 Cent's finances, a few months ago he was singing a different tune.

The insider reported that earlier this year, 50 Cent was facing a serious cash crunch. Our source explains, "[50 Cent] was bleeding cash. Between the [50,000 square foot] Connecticut mansion and him financing the lifestyles of the dozen or so members of his entourage - he was spending millions."

And touring, the leading source of income for the platinum selling artist, wasn't bringing in what it should have. The insider tells, "Because of the size of [50 Cent's] entourage and the amount paid out for security - he wasn't making the money that he expected."

As the expenses started to add up, 50 Cent was on the verge of a crisis. The insider explained, "It wasn't that [50 Cent] was broke. He had plenty of assets - just not a lot of cash ... Eventually his accountants advised him to start selling [some of] them off."

And sell is exactly what 50 Cent tried to do. Despite the difficult real estate market, he put up his Connecticut mansion for sale. He also sold a number of his luxury cars. And according to the source, he was exploring the idea of selling his interest in G-Unit records.

But before the platinum selling artist had to sell even one item, he was bailed out. Earlier this year Coca Cola announced a $4.1B cash offer for Vitamin Water - an "enhanced water" company which 50 Cent owned a minority stake. The deal, which closed in June, netted the rapper millions in cash.

50 Cent made a fortune in the deal. Our source said "I've seen estimates that 50 Cent's take in the Vitamin Water deal was somewhere between $100M and $400M. I can tell you from first hand information that he made in the neighborhood of $40M." And the insider adds, "The $40 million in cash was more than enough to get him out of his predicament. Hopefully he'll manage things more wisely in the future."

Since the deal closed, 50 Cent has taken his Connecticut mansion off the market. He's also taken all but one of his luxury cars off the market. The rapper's silver Lamborghini is still up for sale.

yah right no i dont believe this but good research if it is true!

no way.....he's got more cash than just about anyone......From GRODT, The Massacre, GRODT the movie, 3 other movies in production, G-unit clothes, vitamin water, G-unit records......NO WAY!

yeah.........not a big 50 fan but....i dont believe this shit

original poster are you stupid...there's a difference between being broke and having dangerously low liquidity...he was never broke at any point it was just that a majority of his money was tied up in assets and what not after he'd spent so much cash on his people

OMG 50's gona MC Hammer It LMAO

Yeah it sounds like his money was just tied up. Doesnt really sound like he was broke. Plus this story doesnt really sound all that legit. The only bit thats true is the silver lambo. It belonged to olivia but after she got dropped 50 took it back and is now trying to sell it.
How do i know this?
My cousin in connect. dad is lawyer and is friends with 50 cents lawyer.

Take my word for it or not..