50 Cent is rich broke.
All that means is he had a lot more money than he has now, but he still has a lot more than 95% of the people in the world.
TMZ explains.
50 claims in the legal docs his bank booty totals $7.4 million. Add to that his real property holdings of around $8.8 million and his total assets are just north of $16 million.
It’s a breathtaking number, but not in a good way. 50 sold his interest in Vitaminwater for somewhere between $60 million and $100 million. Mind you … that’s just the water. At his peak, 50 was reportedly worth hundreds of millions of dollars.
Maybe 50 is sanbagging and has millions in the Cayman Islands somewhere. The money he lost was a combination of bad investments (like his boxing promotions company), lawsuits, low record sales and living an extravagant lifestyle while not bringing in a lot of money after his vitaminwater deal.
