Bankrupt 50 cent spends $108,000 a month

The rapper has filed documents of his monthly expenses at Conneticut court

Updated: 
50 Cent Spends Wildly, Racks Up $108k Every Month
Bankrupt 50 cent spends $108,000 a month
Famous rapper 50 Cent may have just declared bankruptcy but that doesn't seem to be stopping the music mogul from splashing the cash.

The music star has filed documents with the Connecticut bankruptcy court which outline his monthly expenses and it doesn't look like he's been needing to drop pennies in his piggy bank.

The documents show that the rapper, whose real name is Curtis James Jackson III, has racked up over six figures every month with outgoings of as much as $108,000.

This includes huge sums of money that have gone to clothing, gardening and grooming.

A large portion of the outgoings also went towards maintaining his massive 21 bedroom home and paying the mortgage.

According to the documents he also spent £3,000 a month on his wardrobe, £1,000 on personal grooming and $5,000 alone on gardening... he must have some pricey garden gnomes!

In December last year we reported that the rapper had had his bank account frozen after failing to pay up after a court ruling.

50 was in dispute with headphone company Sleek Audio after they claimed the rapper had stolen their designs.

According to the BBC, the rapper filed for Chapter 11 bankruptcy protection in July this year.

He told the court that he had assets and debts between $10m and $50m.

A statement from his lawyer said: "Mr Jackson's business interests will continue unaffected in the ordinary course during the pendency of the Chapter 11 case.''

Adding: "This filing for personal bankruptcy protection permits Mr Jackson to continue his involvement with various business interests and continue his work as an entertainer."

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