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Just one week after 50 Cent confirmed he filed for chapter 11 bankruptcy, the rapper revealed that despite his lavish lifestyle, he is only worth $4.4 million dollars.

The rapper appeared in a Manhattan Supreme Court on Tuesday morning in connection with the $5 million lawsuit filed by Rick Ross’ baby mama, Lastonia Leviston. Lastonia claims Fiddy obtained and then posted a sex tape she made with her boyfriend.

But during the hearing, the rapper, whose legal name is Curtis Jackson, made some shocking claims about his finances.

Jackson confirmed that his Bentley and Ferrari “were rented” and that he “borrowed” extravagant items from other people, like jewelry. “It’s entertainment” he apparently testified, talking about the expensive lifestyle. The 40-year-old also claimed he owns “a few gold chains” and that his apparent  $1.6 million Floyd Mayweather bet was totally fraudulent.

As for his regular cash flow, the New York Native explained that “I get 10 cents a record” and for his recent flicks, “Spy” and “Southpaw,” he only made a measly $100,000 for each.

It is worth noting that earlier this year, Forbes listed Fiddy’s value as a whopping $155 million. So, we wonder: Is Fiddy really broke? Or is he pulling wool over our eyes to get out of  a settlement?

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1 Comment

1 Comment

  1. Tennessee

    July 30, 2015 at 3:16 AM

    NEVER HANDCUFF. Let that hoe be free. If she’s yours she’ll be yours. If not, good riddance. Meek, hold this L.

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Who’s Really Delusional? Charlamagne Can’t Quite Comprehend Amara La Negra’s Colorism Issues

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This is uncomfortable to watch.

Love & Hip Hop Miami star Amara La Negra stopped by The Breakfast Club for a chat about her life, career and experience with colorism. Unfortunately, the interview started of awkwardly when Charlamagne’s first questions was, “What are you?” You see, for whatever reason, the radio host was confused about La Negra’s Afro-Latina heritage. And while there’s nothing wrong with an honesty inquiry, it was the way he asked the question that was off-putting. But, it didn’t stop there.

Charlamange, along to co-host, DJ Envy, repeatedly asked the reality star what was her “struggle”, ignorantly assuming that colorism isn’t a thing anymore because of all the advancements in the entertainment industry that have occurred. Yet, and still, you don’t see artist of Amara’s hue celebrated on any Latina platform such as Univision or Telemundo. The host, with the exception of Angela Yee, then proceeded to deduce Amara’s issue to being a problem that’s “all in (her) head”, even referencing the success of Cardi B. as evidence of La Negra’s delusion. You have to watch this to believe it…

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