50 Cent has filed for Chapter 11 bankruptcy, which makes zero cents, considering he was estimated to be worth $155 million just two months ago.
50 recently had to pay up $5 million to Lastonia Leviston, Rick Ross’ baby mama, after posting a sex tape of her without her permission. In December, he was ordered to pay a steep $17.2 million to Sleek Audio after the company claimed that 50 had stolen its design. 50 has literally been paying big time lately, and now, he’s apparently bankrupt. Not that Twitter cares. The platform is lighting up with all sorts of 50 Cent jokes as punny as the one I made earlier.
There’s the obvious joke.
Can somebody loan 50 Cent fifty dollars?
— Jim Rome (@jimrome) July 13, 2015
Some are trying to calculate how this could be humanly possible.
Unless 50 Cent literally woke up every day and drank $100 bill smoothies and threw Ferraris out his window, he's not bankrupt
— Trevor S (@trevso_electric) July 13, 2015
The event made for some Office humor.
50 Cent right now pic.twitter.com/fOx8nxtjIM
— Mike G (@groomtings) July 13, 2015
There was the realization that 50 needs more than just $$$.
50 Cent be like… (sidebar: I need a life lmfao) pic.twitter.com/g73ugNHJM3
— Emily Oberg (@EmilyeOberg) July 13, 2015
Some were all, “Move along, nothing to see here.”
Wealthy people do that all the time. What's the problem? RT @NaiiiSY: @cthagod what you think about @50cent filing bankruptcy
— Charlamagne Tha God (@cthagod) July 13, 2015
Others were distraught, but also excited.
Distraught that 50 Cent had to declare bankruptcy. He seems like such a lovely, kind-hearted young man.
— Nathan Rabin (@nathanrabin) July 13, 2015
I am, however, excited about the now bankrupt 50 Cent's new anthem, "I Previously Had Money"
— Nathan Rabin (@nathanrabin) July 13, 2015
Others still had fond memories of 50 in richer times.
I interviewed 50 Cent once and he told me a long involved story about taking his iphone into a sauna so I know he tends to make good choices
— leslie (@LesHorn) July 13, 2015
There was this R.I.P. roundup.
Ten years ago, we had 50 Cent, Young Buck and Lloyd Banks. Now we have… pic.twitter.com/vJDU3SZ882
— Craig Jenkins (@CraigSJ) July 13, 2015
And then this, which should definitely happen.
I'm not a financial planner but can't 50 Cent just remaster "Candy Shop" and make a billion dollars?
— Big Cat (@BarstoolBigCat) July 13, 2015
You good, 50?
Okay, good.
UPDATE: 7/13 4:20 PM
One of 50 Cent’s lawyers has released a statement regarding 50’s filing for Chapter 11 bankruptcy. Read the statement below, via Billboard.
“The filing allows Mr. Jackson to reorganize his financial affairs, as he addresses various professional liabilities and takes steps to position the future of his various business interests,” says William A. Brewer III, partner at Brewer, Attorneys & Counselors, and counsel to Mr. Jackson, in a statement. “Mr. Jackson’s business interests will continue unaffected in the ordinary course during the pendency of the chapter 11 case. This filing for personal bankruptcy protection permits Mr. Jackson to continue his involvement with various business interests and continue his work as an entertainer, while he pursues an orderly reorganization of his financial affairs.”
