50 Cent Talks Bankruptcy Filing: 'You Don't Have to Worry'
“I’m taking the precautions that any other good businessperson would take in this situation,” the 40-year-old rapper told E! News. “You know when you’re successful and stuff, you become a target. I don’t wanna be a bulls eye. I don’t want anybody to pick me as the guy that they just come to with astronomical claims and go through all that.”
“Walt Disney has filed bankruptcy. Donald Trump has filed bankruptcy,” 50 continued. “It means you’re reorganizing your finances, but it does stop things from moving forward that you don’t want moving forward.”
“I gotta decent legal team,” he added. “You don’t have to worry.”
50 filed for Chapter 11 bankruptcy just days after he was ordered to pay $5 million in lawsuit he lost against a woman who said he leaked her sex tape.