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WOW! 50 Cent Files Bankruptcy and Owes a TON!

50 Cent’s grandfather, Rick Ross’ baby mother, and Sleek Audio among those 50 Cent owes money to.

In the wake of the lawsuit filed against 50 Cent by Lastonia Leviston, the mother of Rick Ross’ child, the Queens, New York rapper’s financial records have continuously been made public.

Following news that 50 Cent was filing for bankruptcy, 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.

Article written by HipHopDX