Pop Culture

50 Cent Claims In Court He's Really Bankrupt, Despite Blinged Out Instagram Posts

"Just because I am sensitive to the needs of maintaining my brand does not mean that I am hiding assets..."

In all likelihood, 50 Cent is still a very rich man. But how secure his fortune or vast his wealth actually is a matter for courts to decide -- a task becoming increasingly complicated due to 50 Cent's social media presence, in which the rapper often poses with stacks of money.

The subject of 50's wealth has been debated in the media for a while now. Nonetheless, 50 is attempting to file for bankruptcy, despite the continuing displays of opulence on his Instagram and Twitter accounts. Is he really broke or is something shady going on? Judge Ann Nevins, who is presiding over the case, is understandably confused -- but the G Unit frontman's explanation is even more confusing.

A declaration on the part of Curtis James Jackson III (that's Cent's real name) claimed that the photos under scrutiny were faked in order to maintain the rapper's brand:

"Hip-hop culture is widely recognized as aspirational in nature. The standard by which artists and fans engage is commonly tied to money, jewelry, products and advertising over social media. 

Products and brands are now marketed through social media as an effective way to engage with consumers. 

Just because I am sensitive to the needs of maintaining my brand does not mean that I am hiding assets or that I have lied on my filings in this Bankruptcy Case, neither of which is true."

Here are some of the images in question:

The KANAN Tape now playing, I'm Too Rich. #EFFENVODKA #FRIGO #SMSAUDIO

A photo posted by 50 Cent (@50cent) on

Gotta keep a cool little $tash and some Effen Vodka Happy Holidays. #EFFENVODKA #FRIGO #SMSAUDIO

A photo posted by 50 Cent (@50cent) on

All this over a man named after an amount of money that can't even buy a cup of damn coffee.

Read more about: Pop Culture 50 Cent

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