50 Cent Reportedly Now More Than $36 Million In Debt


(AllHipHop News) The story surrounding 50 Cent’s bankruptcy situation continues to add more twists and turns.

The Daily Mail is now reporting the G-Unit leader is further in debt than he previously claimed.

[ALSO READ: 50 Cent Reportedly More Than $28 Million In Debt]

According to the publication, court documents filed on May 11 show 50 now owes creditors $36,098,773 not $28,478,920 like it was previously reported.

The Queens native apparently has $19.8 million in assets from $8.8 million in real estate and $11 million in personal property.

His monthly income is said to be $184,000, but he spends $108,000 per month.

50 reached deals with some of his creditors in March, agreeing to pay secured creditors in full and unsecured creditors between 74% and 92% of what they are owed over five years. In addition, the “I Get Money” rhymer owes $855,000 in domestic support and $1.48 million in taxes and debts to the government.

Recently, 50 (born Curtis Jackson III) requested a judge dismiss the Chapter 11 bankruptcy filed in May 2015 by his boxing company SMS Promotions.

Jackson filed for personal Chapter 11 bankruptcy protection in July 2015.

[ALSO READ: 50 Cent’s Boxing Company Wants To Dismiss Bankruptcy]