50 Cent is in bankruptcy court and depending on what you believe he is trying to convince the judge he is broke or he has really duped people into think he is really rich.
Business Insider has produced a lot of the transcripts and here are some of the highlights
On betting $1.6 million on Mayweather-Pacquiao.
Lawyer: Is it correct, sir, that you publicly stated — and you said it on Conan O’Brien the other night — that you bet 1.6 million dollars on Floyd Mayweather to win the fight that took place in early May?
Jackson: Yes.
Lawyer: You said you won that bet?
Jackson: Yes.
Lawyer: You won one million dollars?
Jackson: No, I didn’t say that.
Lawyer: You didn’t say that on the Conan show?
Jackson: No.
Lawyer: Okay. So what did you win on that bet?
Jackson: I didn’t win anything on that.
Lawyer: Huh?
Jackson: I didn’t win anything on that, actually.
Lawyer: Did you make the bet?
Jackson: No.
Lawyer: You never made the bet?
Jackson: No.
On buying a $300k Rolls Royce before coming to Bankruptcy court and his other cars.
Lawyer: It is a false story in the sense it never happened?
Jackson: No, I got the car. But I took two cars that I had that back.
Lawyer: So the story that came out, you know the story, which is you just decided you just had to get a Rolls Royce and you bought one —
Jackson: That is the guy’s interpretation of it.Lawyer: Have you filmed yourself showing all your cars or showing a lot of cars that you now say aren’t yours, but have you made films showing off all the cars that you own?
Jackson: You mean like MTV “Cribs,” maybe.
Lawyer: I mean like you standing in front of a camera saying this is my Lamborghini and this is my Rolls and this is my Ferrari?
Jackson: I did it once.
Lawyer: You did that?
Jackson: Yes.
Lawyer: Ferrari, Lamborghini, Rolls, Chevy Blazer or Suburbans, I’m sorry, they were specially equipped and cost a few hundred thousand dollars each?
Jackson: Yes.
Lawyer: You did all that and said those cars were yours?
Jackson: Yes. At that time, those cars were rented.
Only 50 Cent knows the truth.
The crazy thing is even if he is telling the truth, that means he probably has a lot more money than he is letting on because he is being smart about his money and just making people think he is blowing it.