50 Cent has filed for chapter 11 bankruptcy, according to court documents obtained by Wall Street Journal.
In court papers filed in the U.S. Bankruptcy Court in Hartford, Conn., Mr. Jackson reported assets and debts each in the range of $10 million to $50 million.
The attorney listed on the bankruptcy petition couldn’t immediately be reached for comment Monday.
The bankruptcy filing comes days after 50 was ordered by a judge to pay $5 million in a leaked sex tape lawsuit,after the mother of Rick Ross’ child sued 50 for leaking her sex tape when the two rappers were beefing years back.
He was thought to have a current net worth of around $270 million.
By Glenn Erby
