50 Cent Shares His Income as Part of Bankruptcy Progress Report... and Damn
Although a majority of 50 Cent's year was spent overcoming his bankruptcy woes, the rapper managed not to let his financial roadblock interfere with his celebrity lifestyle or his business endeavors.
As part of his agreement with the court, Fif will be making payments to his creditors over the course of the next five years, and while he owes a steep $23 million, he's still very much on track to make nice with his debt, despite how much money he has going out the door each month.
Additionally, per the court agreement, 50 Cent has to file his bank statements each month in order to show where all of his money is going.
According to TMZ, the rapper paid $113,103.56 in bills and payments this past November, with the report also showing what money he has coming in.
The documents show that he received $16.68 from a cameo in The Simpsons, as well as a royalty check for $33,361.02 and a paycheck from G-Unit Records for $769.34. Additionally, the rapper also paid $1,267 to Daphne Joy and $7,497 to Shaniqua Tompkins for child support, as well as $17,917.81 to SunTrust mortgage (whom he owed $4.9 million) and $5,744.75 for a Bentley.
Phew. That's definitely a lot of dough to keep track of. Luckily, Fif has a good team on his side and, who knows, maybe he'll actually end up really cashing in on the Soulja Boy and Chris Brown boxing match later this month.