50 Cent is putting his 50,000-square-foot palace back on the market
Brendan McDermid/Reuters
50 Cent bought the property from boxer Mike Tyson in 2003.
The report comes more than a month after the hip-hop mogul filed for Chapter 11 bankruptcy protection.
The mansion, which the "Get Rich or Die Tryin'" rapper has been trying to sell since 2007, boasts a jaw-dropping 21 bedrooms, 24 bathrooms - and costs him $72,000 per month to maintain.
The home also has a dance club inside, a helipad on top, a huge gym, massive pool, and basketball courts both inside and out.
The original 2007 listing priced the house at $18.5 million, but it dropped steadily over the next five years. According to the Courant, Jackson was trying to lease the property to raise money.
In May, Forbes listed 50 Cent's net worth at $155 million, but the July bankruptcy filing told a different story. The rapper apparently has $108,000 per month coming out of his pocket for expenses and lawsuits. He even tricked the world into believing he was way richer than he actually is, a fact he came clean about during his bankruptcy case.
The rapper currently owes $7 million to a woman named Lastonia Leviston who won the payment in court after 50 Cent released a sex tape of her to the public as payback to his nemesis, Rick Ross, who fathered a child with Leviston.
50 Cent also owes an $18 million court-ordered payment to Sleek Audio after a partnership to produce headphones failed. The filings total $25 million, the same amount 50 Cent claims in assets.
Business Insider did report, however, that the rapper has $10 million in cash and $500,000 in cars, as well as multiple endorsement deals and ongoing business ventures.
Take a tour of the luxurious mansion 50 Cent is selling here.
- 2 states where home prices are falling because there are too many houses and not enough buyers
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market