For a man who was once considered to be bankrupt, it would appear that 50 Cent is doing quite well with the finances if he is able to sell his house for $3 million (or £2.2 million) after the sale of his property.
That was sold for $15.5 million, which is equivalent to £11.8 million, which is less than what he paid for it twelve years ago.
The rapper purchased the Connecticut estate from boxer Mike Tyson in 2007 for the price of $18.5 million (£14 million), but he is now willing to part with the Farmington mansion, which is said to have 21 bedrooms and 25 bathrooms.
The fact that he sold it for an 84% loss is a great disappointment. It is possible that the 43-year-old, who was formerly estimated to have a net worth of $155 million (or £118 million) in 2015, is attempting to convey a message to us.
According to People, Fiddy, whose actual name is Curtis Jackson, has been trying to sell the property for the better part of a decade. In the previous year, he reduced the asking price of the property to $4.995 million (£3.8 million), and he also listed it for rent for $100,000 (£76,000) per month.
Yes he has a mural of himself on the walls…near the stripper pole
Just one of the watery hang out spots
Casino while you nightclubHe once even tried to get Million Dollar Listing New York’s Fredrik Eklund on board to try and sell the impressive palace.
The place is pretty impressive, we have to say, as we take a tour of the images the real estate shared to sell the place – we can only imagine experiencing Fifty’s own personal night club in the flesh is special… in a few ways.
You can find us in da club…
Or just chilling in the theatre
Yes, that’s right, not only does he have an indoor AND outdoor swimming pool, the In Da Club rapper actually has a club in da house, complete with stripper poles, and a mini casino that overlooks the dancefloor action.
It’s just too much.
As well as that, the 50,000-square-foot estate boasts a full gym, home theatre and recording studio should you feel like laying down a track at 4am but not feel like driving to an actual studio. Ever again.
Yes, there are mirrors on the ceiling
He hasn’t lived in the place for a while
And yes, there is a whole bunch of mirrors above the bed in one of the sprawling bedrooms. What did you expect?
Sitting on 17 acres, we’ve got the aforementioned pool, a hot tub that was once said to fit 40 people, pond and fountain, basketball court (complete with G-Unit sign) and a grotto that’s a little Playboy mansion-esque for our liking. Which is the only reason we didn’t snap it up ourselves.
The sale was given to his charity by him.
Thus, it’s a little puzzling that this property sold for such a loss; for whoever was fortunate enough to sign on the dotted line in the end, it’s a steal.
Even if the return may have disappointed some wealthy people, 50 is still giving $3 million to charity.
The Wall Street Journal said that representatives stated the earnings will benefit Curtis’s own charity, the G-Unity Foundation Inc., which awards grants to charitable organizations that enhance the lives of impoverished and low-income areas.
That’s quite generous of you, Fif!
The rapper filed for bankruptcy back in 2015, and according to a report by Billboard, he settled in July of that year, agreeing to pay $28 million (£21 million) in debt.
Currently, his estimated net worth is $20 million (£15 million).
After the pile was broken into in 2017, the man, who hasn’t lived there for some time, posted on social media, saying, “What my house got robbed, I thought I sold that MF.” Haha.