It’s definitely not 50 Cent‘s birthday.
The rapper, whose name is Curtis James Jackson II in real life, has filed for the Chapter 11 bankruptcy protection in the US.
The 40-year-old recently reported in court that he has assets and debts within the $10 to $50 million range, days after a jury ruled that he has to pay $5 million to a woman who sued after a sex tape case.
Ouch!
“Mr Jackson’s business interests will continue unaffected in the ordinary course during the pendency of the Chapter 11 case,” his lawyer defends.
“This filing for personal bankruptcy protection permits Mr Jackson to continue his involvement with various business interests and continue his work as an entertainer.”
Okay, whatever you say.
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