Jul 21, 2015

50 Cent appears in Manhattan courtroom in sex tape trial


50 Cent is facing the music.
The rapper, who filed for personal bankruptcy in Connecticut court last week, showed up in Manhattan Supreme Court on Tuesday morning to testify about his estimated $150 million fortune — and offered a cheap apology to the woman whose sex tape he posted online.
"I'm sorry if you feel like I hurt you," he told Lastonia Leviston shortly after taking the witness stand in her multimillion-dollar lawsuit against him.
The "Power" star — whose real name is Curtis Jackson — has been subpoenaed to testify as the jury that already ordered him to pay Leviston $5 million weighs punitive damages against him.
Fitty's lawyer, James Renard, told jurors his client's net worth was $4.4 million — and that was beforeLeviston's $5 million award.
Leviston's lawyer, Philip Freidin, said he was worth many, many millions more — noting his successful music and acting careers, numerous endorsement deals, a popular website, his own record company, a Connecticut mansion, and fleets of luxury cars on both coasts.
But Jackson, 40, portrayed hiswealth as a mirage.
"I take the jewelry and cars back to the stores" after posing for pictures with them, he told Manhattan Supreme Court Justice Paul Wooten.
Asked about his 38 million in record sales, he said, "I make ten cents a record." When asked about the two movies he's currently in, "Spy" and "Southpaw," Fitty responded that he made $100,000 for each.
When questioned about his hit TV show "Power," which he also executive produces, he said he's made about $150,000 from each of its first two seasons.
He did admit to buying a Rolls Royce on July 4 — but said he traded in two other cars to buy it. "I took twoothers back," he said.
He said he "hopes" that he'll continue to be successful, but said he was worried his "brand" had taken a hit since he filed for bankruptcy last week.
"Now that I filed for bankruptcy, I'm not as cool as I was last week," he said.
But Fitty also acknowledged that he's continued to live the high life since the filing. Asked about a report that he was throwing wads of bills around at a Florida strip club, he said, "Yes."

 

Jul 21, 2015

This n----- still lives better than all these people talking s--- about him

 

Jul 21, 2015

not sure why reading that took me on a feel trip

 

Jul 21, 2015

Imma always support 50. He'll bounce back

 

Jul 21, 2015

 

Jul 21, 2015

He's gotta be trolling lol

 

Jul 21, 2015

Jeez people are steady tryna make him look bad right now.

 

Jul 21, 2015

 

Jul 21, 2015

Lol. I bet Rick Ross is $10 million in the hole and Evander's house will put him another $20 million under. Theses dudes are stupid.

 

Jul 21, 2015

So much for 50 Cent's entire shtick, eh?

 

Jul 21, 2015

Diddy must be laughing at this man right about now

 

Jul 21, 2015

Everyone in hip-hop is

 

Jul 21, 2015

dude is a big enough fraud just like the person who put him in this mess, Rick Ross.

 

Jul 21, 2015

wait

the entire thing wasnt just a strategic move? guy really isnt that rich?

 

Jul 21, 2015

Yup

 

Jul 21, 2015

We don't really know at this point.

 

Jul 21, 2015

No way it's true. He's doing this so he doesn't have to pay these ridiculous law suits

 

Jul 21, 2015

You richer than him right

 

Jul 21, 2015

Reportedly 50 only made 100,000 from Southpaw, which is really low.

Im not buying all this. Theres no way hes only worth that much. 50 lying to everyone lol

Edit: I didnt thoroughly read the first post that said he made 100,000 from Southpaw

 

Jul 21, 2015

Makes me sick that people who are blessed with wealth choose to piss it all away..