Rapper 50 Cent has revealed he is more than $36 million in debt, despite previously admitting to $28.5 million.
50 Cent, whose real name is Curtis Jackson, earns a monthly income of $184,000, while he spends $108,000 per month on various expenses.
The total amount of liabilities 50 Cent listed in his original petition for his top 20 creditors came to a total of $28,478,920.
But on May 11, the rapper filed an amended schedule of his assets and liabilities in the bankruptcy.
The new documents reveal that 50 Cent has more than $8.8 million in real estate and $11 million in personal property – totaling in at $19.8 million in assets.
But he says that after reviewing all of this debt, his liabilities come to a total of $36,098,773.
Last month 50 Cent had to explain several Instagram photos in which he is seen posing with huge amounts of money.
But in a written declaration, 50 Cent revealed that the money was prop money used for photo shoots, and that he was just trying to maintain his ‘brand’.
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