Last week, 50 Cent shocked the hip hop world when he filed for Chapter 11 bankruptcy, later explaining that this was move was made out of a desire to "reorganize his financial affairs" than an actual lack of funds. Shortly afterward, we learned that this wouldn't do anything to stall the ongoing case in which Lastonia Leviston has demanded $5 million from Fif for leaking her sex tape. 50 was at the Manhattan Supreme Court today for these proceedings, and confessed that many of his physical possessions were either rented or borrowed.
Page Six reports that he said that his Lamborghinis, Bentleys and Rolls Royces "were rented" and that he recycled his three gold chains by taking them to the jeweler and having him fashion new designs. “It’s like music videos," he said, "you see all these fancy cars but everything goes back to the dealership.” Fif claims that he's only worth $4.4 million, not the $155 mil that Forbes valued him at earlier this year.
What do you think? Is Fif really in financial trouble, or is he trying to get out of paying $5 million?
