Rapper 50 Cent appeared in the Supreme Court on Tuesday, July 21, 2015 in New York to testify in a lawsuit about a sex tape he allegedly released featuring Rick Ross baby mama Lastonia Leviston.
He said all the fancy cars and jewelry go back to the stores.
“They say action and you see all these fancy cars but everything goes back to the dealership.”
50 Cent whose real name is Curtis Jackson filled for bankruptcy last week after he was hit with a $5 million verdict for releasing a sex tape featuring Rick Ross’ex-girlfriend. He clarified the court concerning Forbes estimates that he is worth $155 million saying he is only worth $4.4 million.
Concerning the photos of a lavish lifestyle he posts on social media, he said:
“I take the jewelry and the cars back to the stores,” according to the New York Daily News.
Jackson also said he made $100,000 for the two movies he’s currently in, “Spy” and “Southpaw.” For his current role on Starz’s hit series “Power,” which he also executive-produces, Jackson said he’s got only $150,000 from each of its first two seasons.
Despite the filing, Jackson did admit that he recently threw cash around at a Florida strip club and bought a Rolls Royce on July 4th, but said “I took two others back” in order to buy it, according to the NYDN.
50 Cent also said he was worried that his “brand” had been tarnished since the bankruptcy filing last week, saying, “Now that I filed for bankruptcy, I’m not as cool as I was last week.”
He however gave an apology to Lastonia Leviston, who was awarded $5 million after he allegedly published a sex tape on which she is featured without her consent: “I’m sorry if you feel like I hurt you,” he said.
Since the bankruptcy filing last week, 50 Cent has been vocal about trying to get out of paying Leviston.
“I need protection,” 50 Cent explained while appearing on TBS’ “Conan.” “You get a bull’s-eye painted on your back when you’re successful, and it’s public. You become the ideal person for lawsuits.”