Passion for supercars and "excessive spending" caused Rapper Curtis James Jackson II to go bankrupt.
50 Cent, the stage name of rapper Curtis James Jackson II, made headlines in the American entertainment industry when he officially filed for bankruptcy in early July 2015, sending shockwaves throughout the scene.
Supercars in 50 Cent's supercar collection:
According to a source from Time magazine, his assets were estimated to be around $155 million (as of May 2015). Some speculated that his bankruptcy filing was a result of extravagant spending on cars, jewelry, and other luxury items.
Among the notable vehicles in 50 Cent’s impressive car collection were the chrome-plated Lamborghini Murcielago, the blue Lamborghini Murcielago, the Ferrari FF, the Signature Blue Motorcycle, Rolls Royce, and the Pontiac G8.
Born and raised in Queens, New York, 50 Cent’s real name is Curtis James Jackson III.
