50 Cent may have declared himself bankrupt but at least he can have a laugh about it.
The former hip-hop heavyweight, filed the legal documents on Monday, three days after losing a multi-million pound lawsuit, took to Instagram this morning to joke about losing his fortune.
He posed next to a tiny blue Smart car in a car park and wrote alongside the pic: “Times are hard out here LMAO#EFFENVODKA #FRIGO #SMSAUDIO.” We doubt he’s joking too much, though.
The artist, real name Curtis James Jackson III, issued papers in the US Bankruptcy Court in Hartford, Connecticut yesterday.
It comes after he was ordered to pay Lavonia Leviston £3.2 million when a jury determined the rapper had intentionally acquired an X-rated video she made with her boyfriend, added himself as a crude commentator and posted it online without her permission to embarrass his rap rival Rick Ross, who fathered a child with the woman.
TMZ reports that Fiddy claims that his assets are valued between $10 million and $50 million but his debts amount are in the same range.
The rapper has been ordered to show proof of his income and worth so that the jury can deliberate.
At the height of his fame Jackson sold over 30 million albums worldwide and won several awards, including a Grammy Award, 13 Billboard Music Awards, six World Music Awards, three American Music Awards and four BET Awards.
He later pursued an acting career, appearing in the semi-autobiographical film Get Rich or Die Tryin’ in 2005, the Iraq war film Home of the Brave a year later before starring in Righteous Kill.
It doesn’t appear that 50 Cent is too bothered by his financial status, as he declared that it’s been his best year ever.
“I can’t remember a year that I had this much fun. Just good energy every were I go. #EFFENVODKA #FRIGO#SMSAUDIO,” he shared on Monday with a photo surrounded by friends including Chris Brown.