After loosing the legal battle to Rick Ross' baby mama, Lastonia Leviston in total of $5 million, 50 cent filled for bankruptcy and is now it’s now being reported that he owes nearly $30 million. According to theNew York Daily News, the musician put all of his personal debts on the table in a federal Bankruptcy Court filing yesterday (July 16).
The filing reveals that 50 Cent owes $28,478,920.75.
Among the creditors 50 owes the most money to is Sleek Audio and Lastonia Leviston. Both parties filed lawsuits against the rapper, with Sleek Audio owed $18,428,257 by 50 Cent, and Leviston owed $5 million.
50 Cent’s other personal debts include $1,737.33 owed to his grandfather, $137,880 owed to Bentley for a car he leases, and $1 million in legal fees.
According to the New York Daily News, 50 Cent’s assets do not exceed $15 million.
The $5 million 50 Cent owes to Leviston serves as his most recent personal debt. Last week, he was ordered to pay Leviston millions after he allegedly posted a sex tape featuring the woman on his website. The $5 million will cover damages and intentional affliction of emotional distress.
No comments:
Post a Comment