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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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Jennifer Hudson Is In Fear For Her Life, Gets Order Of Protection Against Ex-Fiancé David Otunga

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Jennifer Hudson has been granted a protective order against her former fiancé, David Otunga.

Apparently, after 10 years together, Jennifer and David broke-up for several months ago. However, things turned extremely sour while the pair were trying to work out a custody situation for their 8-year-old son, David Jr. According to the protection order, Jennifer claims the former wrestler exhibited “aggressive, threatening and harassing behavior toward me.” She also says, “I am now living in fear of further action David might take.”

After receiving the order of protection on Thursday, cops showed up to Hudson’s home, that she shared with David, and escorted him out.

Otunga’s attorney vehemently denies any wrongdoing on David’s behalf and claims that Jennifer is using this protection order as a ploy to get the courts to give her primary physical custody of David Jr.

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