WORLDWRAPFEDERATION.COM

IN THE STREETS & ON THE WEB


50 Cent is facing the music.

The rapper, who filed for personal bankruptcy in Connecticut court last week, showed up in Manhattan Supreme Court on Tuesday morning to testify about his estimated $150 million fortune — and offered a cheap apology to the woman whose sex tape he posted online.

"I'm sorry if you feel like I hurt you," he told Lastonia Leviston shortly after taking the witness stand in her multimillion-dollar lawsuit against him.

The "Power" star — whose real name is Curtis Jackson — has been subpoenaed to testify as the jury that already ordered him to pay Leviston $5 million weighs punitive damages against him.

Fitty's lawyer, James Renard, told jurors his client's net worth was $4.4 million — and that was before Leviston's $5 million award.

Leviston's lawyer, Philip Freidin, said he was worth many, many millions more — noting his successful music and acting careers, numerous endorsement deals, a popular website, his own record company, a Connecticut mansion, and fleets of luxury cars on both coasts.

But Jackson, 40, portrayed his wealth as a mirage.

"I take the jewelry and cars back to the stores" after posing for pictures with them, he told Manhattan Supreme Court Justice Paul Wooten.

Asked about his 38 million in record sales, he said, "I make ten cents a record." When asked about the two movies he's currently in, "Spy" and "Southpaw," Fitty responded that he made $100,000 for each.

When questioned about his hit TV show "Power," which he also executive produces, he said he's made about $150,000 from each of its first two seasons.

He did admit to buying a Rolls Royce on July 4 — but said he traded in two other cars to buy it. "I took two others back," he said.

He said he "hopes" that he'll continue to be successful, but said he was worried his "brand" had taken a hit since he filed for bankruptcy last week.

"Now that I filed for bankruptcy, I'm not as cool as I was last week," he said.

But Fitty also acknowledged that he's continued to live the high life since the filing. Asked about a report that he was throwing wads of bills around at a Florida strip club, he said, "Yes."

SOURCE

Views: 313

Comment

You need to be a member of WORLDWRAPFEDERATION.COM to add comments!

Join WORLDWRAPFEDERATION.COM

Listen to Scurry Life Radio For Artist Placement On The Site Contact: R5420records@yahoo.com

© 2024   Created by WORLD WRAP FEDERATION.   Powered by

Badges  |  Report an Issue  |  Terms of Service

Subscribe