50 Cent Files for Bankruptcy

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50 is one of the funniest hiphop personalities on Instagram at the moment with his constant ridicule of Puff Daddy Rick Ross and the beverage Ciroc Vodka, well all of the jokes might finally have backfired cos yesterday Curtis James Jackson III, aka 50 Cent, filed for chapter 11 bankruptcy protection.

The Wall Street Journal has reported that 50′s assets and debts appear to each be somewhere in the range of $10 to $50 million USD. the bankruptcy claim comes after the rapper was hit with a judge’s ruling to pay $5 million USD in damages to Rick Ross’s baby Mum, Lastonia Leviston — the ruling is to do with a 2009 incident that saw a Leviston sex tape leaked online with play-by-play commentary from 50 Cent.

Is 50 Broke or is he using that head of his?

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