50 Cents Lists Debts at More Than $28 Million, Even Owes His Grandfather
Rap star 50 Cent claims he has more than $28 million in debt, listing Lastonia Leviston as his second biggest creditor.
Born Curtis Jackson, the hip hop star laid out all his personal debts during a Thursday night federal Bankruptcy Court filing. According to the New York Daily News, in all he claims to owe $28,478,920.75, with more than half of the debt ($18,428,257) owed to Sleek Audio, a Florida firm that successfully sued him for stealing their headphone design.
In the case of Leviston, the Florida woman he was just ordered to pay $5 million to for posting her sex tape online without her permission, Jackson has reportedly never met the woman, but decided to post her private video on his website as a means of agitating hip hop rival Rick Ross. Leviston and Ross have a young daughter together.
The Daily News adds Jackson is also still on the hook for punitive damages that could be owed to Leviston and attorneys for her are expected to be in federal court on Friday seeking to have Bankruptcy Judge Ann Nevins lift a stay in the case so the jury can return to the courtroom as early as Monday to finish their deliberations.
Among some of 50 Cent's smaller debts are the $1,737.33 he claims to owe his grandfather and the $137,880 he allegedly owes to Bentley for the car he leases.
In times past, Jackson has been regularly described as one of the wealthiest stars in hip hop, owning multiple companies and hawking everything from music to underwear. During prior court proceedings he claimed his personal assets do not exceed $15 million, but has not filed any details about those with the court.
All his apparent hardship didn't stop 50 Cent from reportedly jumping on a private jet for a first-class trip to London earlier this week. The Daily Mail reports the rapper is scheduled to perform at a concert with his hip-hop co-stars G-Unit at the O2 Arena on Friday
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