Lol...50cent declares bankruptcy to avoid paying Rick Ross' baby mama | Welcome to Linda Ikeji's Blog

LI_Mobile_Leaderboard_1

Monday, 13 July 2015

Lol...50cent declares bankruptcy to avoid paying Rick Ross' baby mama

On Friday July 10th 50cent was ordered to pay Rick Ross' baby mama, Lastonia Leviston, $5 million in damages after losing his defamation case. $2.5 million for distress plus $2.5 million in damages. In 2010, at the height of his beef with Rick Rose, he posted Lastonia's sex tape on his website.

And now that he's been asked to pay up, 50cent, worth about $150million, has declared bankruptcy. Lol. 50 lists nearly $50 million in assets but also $50 million in liabilities. Read the full story after the cut...


From TMZ 
50cent is down for the count after losing a multi-million dollar lawsuit ... he's just declared bankruptcy.
TMZ has confirmed ... 50 filed for bankruptcy on Monday, 3 days after Rick Ross' baby mama won a $5 million jury verdict against him. 
50 is in a world of financial hurt. A jury awarded Lavonia Leviston the $5 mil after determining the rapper intentionally leaked a sex tape in which she was featured, in order to embarrass Ross. 50 has been ordered to produce proof of income and worth so the jury can determine punitive damages. 
According to the bankruptcy filing -- a story first reported by Page 6 -- 50 says his assets are valued between $10 and $50 million but his liabilities are also between the same range. On top of that, 50 lost a court case in which a jury socked him with a $17.2 million judgment over ripping off a headphones design.  

It's a breathtaking fall .. in May, Forbes estimated 50's net worth at $155 million.

64 comments:

  1. Replies
    1. He doesn't want to pay d money. All dis stingy rich dude dat don't want to part wit their hard earned money. Mayb dis wil teach him a lesson.

      Delete
    2. He doesn't want to pay d money. All dis stingy rich dude dat don't want to part wit their hard earned money. Mayb dis wil teach him a lesson.

      Delete
    3. 5m is a lot of money. These hoes will bring you down

      Delete
    4. Lies frm d pit of hell. I don't believe him for he doesn't want to pay d money. All dis stingy rich dude dat don't want to part wit their hard earned money. Mayb dis wil teach him a lesson.

      Delete
    5. Na Forbes go still kill all of its very soon......just dey calculate crap....pussy 50

      Delete
    6. Lol. He thinks he's smart...

      Delete
  2. Hehehehe! E can't fit help am. Linda take note!

    ReplyDelete
    Replies
    1. What is all this "Linda take note" cap all about. Do something responsible with your life abeg.

      Delete
  3. Hehehehe! E can't fit help am. Linda take note!

    ReplyDelete
  4. Fix your problems this people.. tired of hearing bout them

    ReplyDelete
  5. And he really thinks her lawyer will fall for this trick?

    ReplyDelete
    Replies
    1. Kid.......who cares if her lawyer falls for it or not.....that's why he filled for another court session dumb ass.....thru have to dance it off in the law court again

      Delete
    2. Bastard, was he talking to you.? Son of a Bitch.

      Delete
  6. What should we do about his their palaver?

    ReplyDelete
  7. Lies frm d pit of hell. I don't believe him for he doesn't want to pay d money. All dis stingy rich dude dat don't want to part wit their hard earned money. Mayb dis wil teach him a lesson.

    ReplyDelete
  8. Smart ass nigga. People talking trash on twitter. They think he's broke! If I hear. #smartbiznesman

    ReplyDelete
    Replies
    1. That'd a right movie man......why pay a bitch 5m for no reason......he resemble DJ khaled

      Delete
  9. Omg!!! This is why women must work harder and look after themselves too many idiots

    ReplyDelete
  10. Lol.
    Dude is a very Smart Binnez Man
    Read his Book collabo with Robert Greene "The 50th Law"
    Dude is crafty as fuck and Binnez savvy as they come.
    Lol again.

    ReplyDelete
  11. Lol. Yet he keeps showing us stack of dollars on his IG page.

    ReplyDelete
  12. Linda ikeji's son13 July 2015 at 18:20

    Lmao
    Smart nigga. Buh seriously WTF is dat

    ReplyDelete
  13. Lmao
    Smart nigga. Buh seriously WTF is dat

    ReplyDelete
  14. Ifeanyi Uba pls leak that our sex tape please. I really need some bucks

    ReplyDelete
  15. I pray sharp bad bro meet a sharp mad lawyer and everything gonna be baaaaadter

    ReplyDelete
  16. See this fraudster, abeg pay up jor and stop falling ur hand

    ReplyDelete
  17. Lol

    ck Jacob blog for fiction stories.

    ReplyDelete
  18. Ok says edondo.com lover

    ReplyDelete
  19. I just dont know why this guy cant just stay away from trouble. Its one trouble to the other.

    ReplyDelete
  20. he is just a smart guy period. the lady will not get a pin. let her work hard and stop opening her lags all over the place.

    ReplyDelete
  21. Liessss. Nigga's lying. Simple.

    ReplyDelete
  22. Youngest Winch13 July 2015 at 19:30

    @Jane Meadows, you should be ashamed of yourself. So you are expecting a man to take care of your bills? Oloshi.

    ReplyDelete
  23. Ooooooooooh my...!
    Bankruptcy naa ni

    ReplyDelete
  24. Ooooooooooh my...!
    Bankruptcy naa ni

    ReplyDelete
  25. What's Diddy's reaction? 50 was busy gettin his laugh on at his expense when he got into that situation with his son's coach.

    ReplyDelete
  26. U a woman in abuja?
    Looking for dat one night stand or backseat tryst?
    I'M YOUR MAN!
    Hit me up at lawrencefrederick120@gmail.com
    MAY THE ODDS BE EVER IN YOUR FAVOR!!!

    ReplyDelete
    Replies
    1. Stupid Fuck.
      Go get ur lazy ass a decent job instead of lookin 4 where to satisfy ur carnal desire for some quid.

      Delete
  27. Yeah right! No judge is going to buy that!

    ReplyDelete
  28. Lol this will really get more interesting.

    ◇◇◇◇◇◇ If ignorance is bliss, wipe the smile off my face
    ◇◇◇◇◇◇

    ReplyDelete
  29. I love 50cent like mad...
    Dude doesn't want one Olosho to eat his money for free..

    ReplyDelete
  30. Stupid 50 he keep attackin Diddy unnecessarily now d table has turned

    ReplyDelete
  31. Good for the bitch, she is looking for easy money and 50 cent ain't going to give no THOT no money for free... Love 50 for that

    ReplyDelete
  32. I dunno what you've heard about me..
    but a bitch can't get a dollar outta me,
    No Cadillac, no perms, you can't see
    That I'm a motherfucking P-I-M-P.............. Lyrics (Chorus) from 50cents - PIMP

    That chorus justifies his actions *Forewarned is Forearmed.

    ReplyDelete
  33. Funny man..
    So he can be scared too

    ReplyDelete
  34. He doesn't wanna pay money to a bitch..

    ReplyDelete
  35. Lol @ this: "Ifeanyi Uba pls leak that our sex tape please. I really need some bucks." Hook a sister up, Uba. Try her and she will sue your a**. Lol.

    ReplyDelete
  36. Sharrrp guy..I like ur style 50..loool.

    ReplyDelete
  37. See dodging. Artful dodger

    ReplyDelete

Disclaimer: Opinions expressed in comments are those of the comment writers alone and does not reflect or represent the views of Linda Ikeji.

Recent Posts