The rapper, actor, business mogul and boxing promoter filed for bankruptcy last month on the heels of being ordered to pay $7 million to Lastonia Leviston, who sued him after he allegedly posted a sex tape featuring her online.
– 50 Cent might have stretched the truth a bit in court when he told a lawyer all his Lamborghinis, Bentleys, and Rolls Royces were rented. New bankruptcy filings show he actually owns seven cars, including a Rolls Royce and three Chevy Suburbans, worth $500,000, report People and Page Six. But apparently he still doesn't have a ton of cash to throw around—relatively speaking, anyway. The AP reports the rapper pulls in about $185,000 per month but has $108,000 in monthly expenses, including $72,000 a month for the utilities, mortgage, property tax, and insurance on his 50-room Hartford mansion. Where else is his money going? He spends $9,000 on security, $5,000 on gardening, $1,000 on grooming, and $3,000 on his wardrobe each month. Another $5,745 goes toward a car lease, while $14,600 is used to support his two children and grandfather. On top of all that, he reportedly owes his stylist $5,245 in back pay, as well as unspecified debts to his barber and personal trainer. His biggest debt of all: $18 million to electronics company Sleek Audio—the result of a lawsuit over a failed headphones deal—in addition to the $7 million 50 Cent has been ordered to pay in a sex-tape lawsuit. The rapper is due back in court tomorrow.