Curtis “50 Cent” Jackson III, filed for bankruptcy last year after a New York City jury ordered him to pay $7 million to a woman who said he posted her sex tape online. He has never been a stranger to social media. If you are a follower of his Instagram page you will find him roasting anyone who comes for him. If you don’t believe us ask Vivica A. Fox and Meek Mill—to name a few.
Recently, 50 Cent posted pictures of himself surrounded by stacks of cash. One picture spelled out the word “Broke” with piles of $100 bills. Unlike Las Vegas, what happens on the gram does not stay on the gram.
Judge Ann Nevins ordered 50 Cent to court to explain several Instagram photos including the photo with bills spelling out “Broke”.
50 Cent says the stacks of cash aren’t real and he isn’t hiding any assets.
It may be too little, too late because the U.S. trustee’s office is asking Nevins to appoint an examiner to review the rapper’s assets.
Bahiyah Shabazz is the President of Shabazz Management Group, Fabulous & Money Savvy and BROWN GIRLS DO INVE$T. She has appeared and given financial advice on various media outlets, and is the author of Women Building Wealth.