(AllHipHop News) Some fans of 50 Cent were shocked when they found out the rapper/actor/mogul filed for Chapter 11 bankruptcy in 2015. 50 had reportedly amassed a net worth over $150 million, but a couple of legal losses left the G-Unit leader more than $36 million in debt.
Of course, 50 is not the first person to use the Bankruptcy Code to help alleviate financial hardships. Republican presidential candidate Donald Trump’s companies have filed for bankruptcy at least six times.
The Daily Beast spoke to 50 about Trump’s tendency to bankrupt his businesses. He even offered some advice to The Donald.
“[Trump] knows about it. He’s done it four times!” said 50 Cent. “Donald Trump… You know, what’s interesting is the court system doesn’t know the difference between what you can say in entertainment, and what you say under oath, so you have to be really careful with what you say.”
.@realDonaldTrump has written a lot of books about business, but they all seem to end at Chapter 11.https://t.co/LU8aCjFm2J
— Hillary Clinton (@HillaryClinton) June 21, 2016
50 admitted the billionaire real estate magnate is causing him to like former Secretary of State Hillary Clinton even more. Some of Trump’s controversial rhetoric and policy positions have many other potential voters turned off as well (70% of Americans have an unfavorable opinion of Donald Trump).
However, 50 believes Trump will come out a winner in the long run, even if he does not make it to the White House.
“He’s someone who could potentially run America, so he’s already paid himself,” stated 50. “You know how much they’ll pay Trump to do public speaking, whether he becomes the president or not? It’s already worth it!”
As for 50 Cent’s own monetary situation, he insisted his bank account is not hurting at the moment.
“My money? I have a lot of money,” declares the Get Rich or Die Tryin’ album creator.