Business Standard

'Bankrupt' 50 Cent claims rich and poor at very same time

Image

ANI Washington DC

American rapper 50 Cent, who had recently filed for bankruptcy, has said that he is both rich and poor at the very same time.

The 40-year-old rapper's recently filed legal documents has revealed that he has a massive amount of money and other assets, but not enough to immediately cover more than 20 million dollars in court judgments, TMZ.com reported.

The documents have revealed that, in a nutshell, the rapper is short of cash.

The lawyers of 50 Cent are trying to justify the rapper's current situation, however, if reports are to be believed it is only a PR stunt to make it clear to his fans he's not a failure.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 18 2015 | 1:08 PM IST

Explore News