50 Cent Testifies: My life is an illusion; Only Worth 4.4 Million

50 Cent appeared in Manhattan Supreme Court and admitted he had been putting on a front by renting Lamborghinis, Bentleys and Rolls Royces he has previously boasted about online, while also borrowing the diamond-studded watches and other jewels he flashes on social media.

He told the court, “The hip-hop culture is aspirational. It’s like music videos… you see all these fancy cars but everything goes back to the dealership.”

50 Cent also claimed he made just 10 cents for each of his 48 million album sales, totalling $4.8 million, and insisted his net worth is just $4.4 million-despite Forbes finance experts previously estimating his fortune at $155 million).

The hip-hop star also took the time to apologise to Leviston, saying, “I’m sorry if you feel like I hurt you.”

His lawyer, James Renard, added that his client’s bank balance is quickly approaching zero due to unpaid debts.

He said, “That’s the current financial condition and we believe that’s very important with respect to the assessment of any damages.”

The case is due to draw to a close later  this week.

So do you believe this or is 50 pulling the okie doke?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s