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Here's how 50 Cent spent his millions before filing for bankruptcy

Published by Business Insider on Sat, 18 Jul 2015


On Monday,Curtis Jackson, better known as rapper 50 Cent, filed for Chapter 11 bankruptcy protection following a messy lawsuit in which he was forced to pay his rival Rick Ross' ex-girlfriend $5 million.The news came as a shock, especially consideringthe rapper was just rankedNo. 4 on Forbes' May list of the wealthiest hip-hop artists thanks to his reported$155 millionnet worth. His massive 2007 deal with Vitamin Wateralone awarded him between $60 million and $100 million.50's lawyers have said the filing is simply to "reorganize his financial affairsas he addresses various professional liabilities," but in the meantime, we only want to live in a world in which 5o Cent is synonymous with his hit 2003 album, "Get Rich or Die Tryin'."Curtis James Jackson III was born July 6, 1975, in Queens, New York, where he grew up dealing drugs. In 2000, he was struck by nine bullets during a shooting in his neighborhood.After he released the compilation album "Guess Who's Back'" in 2002, the young rapper was discovered by Eminem and signed by Shady Records, Aftermath Entertainment, and Interscope Records as part of a $1 million deal.Source: BBCWith the help of Eminem and Dr. Dre ' who produced his first label album in 2003, "Get Rich or Die Tryin'" ' 50 Cent became one of the world's most successful rappers, selling more than 30 million albums worldwide.See the rest of the story at Business Insider
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