When we think of rappers that made smart money moves, 50 Cent definitely comes to mind, with his Vitamin Water empire. He’s not as savvy as we all thought though; 50 is broke.
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Fiddy is filing for bankruptcy and submitted documents showing his financial stuff and he’s spending $113,103.56 and not getting much dough back in return. Baby mamas are a luxury in todays economy, and he’s got two of them.
You’d think he’d have some sweet royalty checks coming in, and he does, if you consider a $16.68 residual check from ‘Simpsons’ for his cameo sweet, and the G-Unit Record pay of $769.34! WTF, where did all the cash money go!? In total he’ll pay creditors $23 Mill over the next 5 years.
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He should rename his album from “Get Rich or Die Trying” to “Get Rich and File for Bankruptcy”! What do you think?
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