That bitch ain’t gonna get a dime of MY Money! I’ve got lawyers,and people working for me!
Who knew Curtis Jackson, aka 50 cent was having money problems and was broke down, busted. The poor, poor man has to sleep in his 21 bedroom home in Connecticut Probably eating Romin Noodles.
(The picture at the bottom of the screen is his home)
Last Friday, a Manhattan jury order 50 cent to pay Lastonia Leviston, five million for posting a sex tape with her images online without her permission and jury isn’t done with him yet. The Jury could award Ms Levistion punitive damages this week.
Yesterday, 50 cent said he was broke. “Flash Broke” (look at the house again)he filed for chapter 11 protection in the U.S. Bankruptcy Court in Hartford, Conn.
He estimates that his assets and debts, which were not itemized, are worth between $10 million and $50 million, court papers said.
The lawsuit stems from a 13-minute video that appeared online in 2009 featuring a wig-wearing 50 Cent as a narrator dubbed Pimpin’ Curly. The character made explicit remarks about Leviston and taunted rap rival Rick Ross, who wasn’t in the video but has a daughter with Leviston. At the time the video surfaced, Ross and 50 Cent were trading barbs via video, lyrics and interviews.
50 Cent acquired the 2008 tape from the man in it,Maurice Murray, Leviston’s boyfriend at the time. The rapper and his lawyers said that 50 Cent didn’t actually post the video but that Leviston’s then-boyfriend said she wouldn’t mind if he did, and he thought that would suffice.
In pretrial deposition, 50 Cent claimed he assumed Leviston agreed to let him use the tape because Murray told him it was OK with her.
But Leviston, of Pembroke Pines, Florida, said she was horrified and humiliated when the video appeared online. The video received over three million hits.
Levistion wasn’t the target ,she was just collateral damage. Rick Ross was the target. The two have been at war for nearly 10 years. Using his popular website, thisis50.com, as a bully pulpit since its 2007 debut, 50 both promotes himself and disparages his foes with cartoonish taunts and comedic skits.
50 cent made fun of Ross and others on this site with many of the jabs personal.
Rick Ross struck back in song. In his “Mafia Music,” He rapped about 50 cent’s very public fight with his baby’s mama.about child support and the house the she lived in with his child. After the court ruling (in 50’s favor), the house mysteriously burned down as mother and child escaped. “I love to pay her bills,” Ross rapped. “Can’t wait to pay her rent/Curtis Jackson baby mama I ain’t askin’ for a cent/Burn the house down gotta buy another/Don’t forget the gas can, jealous stupid muthafucka.”
Word on the street had 50 cent winning on the net but Rick Ross was winning the lyric war.
In 2008, he posted the 13 minute video tape.
In the tape “She dead,” 50 Cent says toward the end of the tape, which he narrated on his website, calling the woman vile names, describing her private parts and reminding Ross that his daughter came from her.
50 cent, has had many online wars with other rappers including Kanye West.
Dan Charnas, the author of The Big Payback: The History of the Business of Hip-Hop (2010), said Mr. Jackson came of age when music performers could still make millions of dollars from record sales and performance royalties. He later founded G-Unit Records, which helped propel other rappers, and made deals with Reebok and other fashion pursuits.
Mr. Jackson also invested in the maker of Glaceau Vitaminwater, which was sold to Coca-Cola for $4.1 billion in 2007. Industry insiders speculate that Mr. Jackson got between $40 million and $100 million from that deal, Mr. Charnas said.
Last week, the New York Times profiled Mr. Jackson, proclaiming that he “has exceptional business instincts.” But Mr. Charnas said the rapper’s popularity has since faded.
The bankruptcy petition lists his address as a Farmington, Conn., mansion , which boxer Mike Tyson once owned. The 21-bedroom home is reported to have a racquetball court, a home movie theater and an eight-car garage. 50 Cent put his boxing promotion company, SMS Promotions LLC, into bankrupty protection on May 26.
Now 40, he’s also a businessman — his interests have ranged from mining to water drinks — and an actor whose credits include the Starz network action series “Power” and the upcoming boxing movie “Southpaw.”
Sources: Village Voice (50 cent vs Rick Ross) Wall Street Journal (50cent Bankrupt) New York Daily News ( 50 cent lawsuit)