Hard Times | 50 Cent Jokes About Bankruptcy With Car Downgrade

0

50 Cent_new car

50 CENT may have filed for bankruptcy, but at least he isn’t letting the situation get him down.

The 40-year-old took to Instagram to pose in front of his new car – but it wasn’t a flash Lamborghini or a Bentley. Nope, 50 Cent is now driving a Smart car.

The In Da Club rapper joked: “Times are hard out here LMAO.”

The rapper, real name Curtis James Jackson III, filed for Chapter 11 bankruptcy protection in the States just days after a jury ruled that he must pay $5 million to a woman suing him for leaking a sex tape.

Despite his financial woes and downgraded vehicle, 50 isn’t exactly laying low – his social media is littered with pictures of him enjoying lavish vodka parties, while he captioned a snap last week: “I can’t remember a year that I had this much fun. Just good energy everywhere I go.”

Speaking out about his bankruptcy filing, the star told E!: “I’m taking the precautions that any other good businessperson would take in this situation. You know when you’re successful and stuff, you become a target.

“I don’t want anybody to pick me as the guy that they just come to with astronomical claims and go through all that.

“Walt Disney has filed bankruptcy. Donald Trump has filed bankruptcy. It means you’re reorganising your finances, but it does stop things from moving forward that you don’t want moving forward.”

50 still has assets valued between $10 million and $50 million.

50 Cent_1

Credit: Daily Star, UK