(AllHipHop News) Could Forbes richest people in Hip Hop list really be that far off? The magazine's annual article about rap stars' net worth put 50 Cent at $155 million. According to 50, he is worth far less than that amount.
[ALSO READ: Forbes Releases Their Top 5 Wealthiest Hip-Hop Artists of 2015]
The Get Rich or Die Tryin' album creator appeared in Manhattan state Supreme Court on Tuesday (July 21) for the proceedings to decide possible additional punitive damages in his sex tape lawsuit. 50 was ordered to pay Lastonia Leviston $5 million for posting an explicit video of her to the internet.
According to TMZ, 50 claimed that his net worth is only $4.375 million. The G-Unit leader also reportedly told the court he exaggerates his lifestyle because flashing wealth is part of Hip Hop.
Court documents show 50 (born Curtis Jackson) owes approximately $26 million to various creditors. Besides the $5 million rewarded to Leviston, he also has to pay Sleek Audio nearly $17 million for stealing the headphone company's product design and confidential private client information.
[ALSO READ: 50 Cent's List Of Creditors Revealed, Rapper Owes $26 Million]
Filed under: News Tagged: 50 Cent, Lawsuit
via AllHipHop http://ift.tt/1CPCKM4
Put the internet to work for you.
