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| Rapper 50 Cent files for bankruptcy in the US | Rapper 50 Cent files for bankruptcy in the US |
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| Rapper 50 Cent has filed for Chapter 11 bankruptcy protection, according to reports in the US. | Rapper 50 Cent has filed for Chapter 11 bankruptcy protection, according to reports in the US. |
| The music star, businessman and actor, reported in court papers that he has assets and debts in the range of $10m to $50m (£6.5m- £32m), according to the Wall Street Journal. | The music star, businessman and actor, reported in court papers that he has assets and debts in the range of $10m to $50m (£6.5m- £32m), according to the Wall Street Journal. |
| The filing comes days after a jury ruled that he must pay $5m to a woman suing over a sex tape case. | The filing comes days after a jury ruled that he must pay $5m to a woman suing over a sex tape case. |
| 50 Cent's 2003 album Get Rich or Die Tryin' catapulted him to global fame. | 50 Cent's 2003 album Get Rich or Die Tryin' catapulted him to global fame. |
| Real name Curtis James Jackson III, the Grammy-award winning rapper's business interests have included clothes, boxing, drinks, and mining. | Real name Curtis James Jackson III, the Grammy-award winning rapper's business interests have included clothes, boxing, drinks, and mining. |
| His stake in VitaminWater reportedly netted him tens of millions of dollar when Coca-Cola bought the drinks brand in 2007. | His stake in VitaminWater reportedly netted him tens of millions of dollar when Coca-Cola bought the drinks brand in 2007. |
| Chapter 11 allows companies time to re-organise their finances while protecting them from creditors' demands. | Chapter 11 allows companies time to re-organise their finances while protecting them from creditors' demands. |
| The court case stemmed from a video in which the rapper is accused of adding a commentary to a tape that the woman made with her boyfriend. The tape was then leaked online. | |
| Manhattan Supreme Court Justice Paul Wooten had requested that 50 Cent disclose details of his finances. | |
| However, the rapper's lawyers to the court that he had filed for Chapter 11 in Connecticut, where he owns a mansion. | |
| 50 Cent has sold more than 30 million albums and won a Grammy Award in 2010. His latest film role is in the upcoming "Southpaw," in which he plays a boxing promoter. | |
| In May, Forbes estimated 50 Cent's net worth at $155m. |