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50 Cent files for bankruptcy

http://link.brightcove.com/services/player/bcpid1778770285001?bctid=3987386369001

Rapper 50 Cent actually may not have two quarters to rub together.

The artist known in legal papers as Curtis James Jackson III filed for chapter 11 bankruptcy protection Monday in Hartford, Conn., the Wall Street Journal reports.

The filing comes days after a New York jury ordered him to pay $5 million to a woman who sued over a sex tape, the Associated Press reported. Lastonia Leviston's invasion-of-privacy lawsuit said he acquired a video she made with her boyfriend, added himself as a crude commentator and posted it online without her permission, the AP reported.

AP

Fiddy has a role in the upcoming movie "Southpaw," co-founded a clothing line, holds a minority stake in Vitamin Water, is involved with two production companies and recently signed a $78 million deal with underwear maker Frigo Revolutionwear, the AP reported.

According to court documents, he listed has assets and debts ranging from $10-$50 million and up to 49 creditors.

His most recent tweets don't appear to reflect financial woes:

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About the Author

Jennifer Brett is a multiplatform journalist and digital coach. She writes The Buzz blog for accessAtlanta.com.

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