50cent declares bankruptcy to avoid paying Rick Ross’ baby mama

After losing a multi-million dollar case, 50 Cent filed for bankruptcy, leaving him completely broke. Three days after Rick Ross’s baby mom won a $5 million judgment victory against him, 50 filed for bankruptcy on Monday. 

50 is in a financial pаin zone. A jury awarded Lavonia Leviston the $5 mil after deciding the rapper purposely leaked a sеx tape in which she was included, to shame Ross. 50 has been mandated to provide evidence of earnings and value for the jury to assess punitive damages. 

According to Page 6’s initial report on the bankruptcy petition, 50’s assets are worth between $10 and $50 million, and his liabilities are in the same range. In addition, 50 lost a lawsuit in which a jury awarded him a $17.2 million verdict for copying the design of headphones.   It’s a stunning descent. Forbes pegged 50’s net worth at $155 million in May.