After flying first class to London… amid claims the bankrupt rapper owes $28m to creditors
He filed for bankruptcy this week but that hasn’t stopped 50 Cent from living the high life.
The 40-year-old rapper was spotted grabbing a first class flight out of JFK Airport in New York on Thursday and looked happy and relaxed as he made his way to Radio One studios in London the following day.
Despite his financial woes, 50 Cent flashed a thumbs up and even cracked a smile for waiting photographers.
50 Cent made headlines when he filed for bankruptcy just days ago, after being ordered to pay $5 million over the release of a sex tape.
He is set to perform at a concert with his hip-hop co-stars G-Unit at the O2 Arena on Friday.
Living the high life: The 40-year-old rapper was spotted grabbing a first class flight out of JFK Airport in New York on Thursday and looked happy and relaxed as he made his way to Radio One studios in London on Friday
His scheduled appearance in the British capital – which had long been planned before his bankruptcy came to light – is to take place just one day after further details of his financial troubles emerged.
As well as the other millions of dollars he owes, it has been reported the rapper even needs to pay back a substantial amount of money to a member of his own family – his grandfather.
In documents obtained by TMZ, it was revealed that the music star owes his grandfather $1,737.33.
Hard at work: The rapper is set to perform at a concert with his hip-hop co-stars G-Unit at the O2 Arena on Friday
Dressed to impress: He was dressed to impress in a pink and black bomber jacket baseball cap and skinny jeans
This is in addition to $137,880 to Bentley and $64,909 to American Express, among several others.
He owes in total, as was revealed in a federal Bankruptcy Court filing on Thursday, $28m, with his biggest creditor being Sleek Audio.
The Florida-based headphone company are owed $18,428,257 from the rapper – who is thought to be one of the wealthiest hip hop stars in the world – after winning a judgement over him stealing a design.
Family ties: 50 Cent is said to owe – in addition to other substantial amounts of money – $1,737.33 to his grandfather, after filing for bankruptcy this week
The In Da Club hitmaker filed for chapter 11 bankruptcy on Monday, listing his assets and liabilities at between $10million and $50million to a federal bankruptcy court.
The bankruptcy filing, which would protect 50 Cent from paying creditors, came days after a jury ordered him to pay $5 million to a woman who appeared in a sex tape that went online in 2009.
And he commented about his financial situation during an appearance on Conan O’Brien’s chat show on Wednesday.
What he owes: The rapper owes a total of $28 to a range of creditors, including $18,428,257 to Sleek Audio over a court order in regards to a headphone design
The rapper was asked about the chapter 11 filing and he replied: ‘Yeah, I need protection.’
Fiddy went on to explain the price of fame and the mark that fortune leaves on a person for others to take aim towards.
50 Cent explained: ‘You get a bullseye painted on your back when you’re successful, and it’s public to know you’ve become the ideal person to have lawsuits for.’
Opening up: 50 Cent – real name Curtis Jackson – touched on her recent bankruptcy filing during a Wednesday appearance on Conan O’Brien’s chat show
In the aforementioned sex tape, 50 Cent poses as his alter ego Pimpin’ Curly, sporting a wig and speaking in an artificially high voice, as he narrates the Florida woman’s sexual encounter and mocks fellow rapper Rick Ross, who has a child with her.
That was not the only controversial topic the Candy Shop rapper touched on as he discussed poking fun at fellow rapper and mogul P Diddy after he allegedly got into a fight with his son’s football coach.
Shortly after the reports of the incident between the 45-year-old rapper – real name Sean Combs – and the UCLA coach happened, 50 was quick to post videos and memes shedding light on the situation.
Revealing: The 40-year-old rapper claims that he needed protection due to his success as ‘it’s public to know you’ve become the ideal person to have lawsuits for’
50 explained: ‘I poked fun at it because it didn’t seem like a real serious thing.
‘It starts bad in the news and kind of makes its way to something positive and no one reports it when it starts to become positive.
‘And as it started to, you know, work its way out, I felt better about poking fun of it.’
Off the hook: On the show 50 also addressed poking fun at Diddy who recently landed into hot water over an alleged altercation wtih his son Justin’s football coach at UCLA
New ride: Despite the legal issues, the In Da Club rapper seems to be in good spirits as he recently poked fun of his own bankruptcy crisis by posing next to a compact Smart Car on Tuesday, joking, ‘Times are hard’
Not keeping him down! Just hours after the filing 50 Cent made an appearance at an ESPN screening of his new film Southpaw in Los Angeles alongside Jake Gyllenhaal and Miguel Gomez
Two weeks ago Diddy escaped being charged with aggravated assault as Los Angeles County district attorney spokesman Ricardo Santiago said the office decided instead to turn the case over to the Los Angeles city attorney’s office, which could file lesser misdemeanor charges.
Regardless of how serious his financial and legal issues are 50 seems to have a good sense of humour about it as he posted a photo of himself posing with a Smart Car on Instagram Tuesday.
He claimed that his Southpaw co-star Jake Gyllenhaal snapped the photo which he captioned: ‘Times are hard out here LMAO’.
Order: Jackson was ordered to pay $5 million to Lastonia Leviston (right) in a lawsuit after she claimed he acquired and intentionally leaked a sex tape in which she was featured
Staredown: 50 Cent and Jake Gyllenhaal in a scene from Southpaw
Source : Daily Mail