Fame and wealth don't always go hand in hand.From Mike Tyson to Donald Trump, you may be surprised to see which high-profile celebrities have lost it all, either because of extravagant spending, mismanaged funds, substance abuse, backtaxes or, in most cases, some combination of the above.
Curtis "50 Cent" Jackson III is hurting in the money department. The rapper filed for for chapter 11 bankruptcy protection on July 13, 2015. The "In Da Club" rapper is seeking Chapter 11 protection in U.S. Bankruptcy Court in Connecticut on liabilities worth between $10 million and $50 million, according to documents obtained by CBS News. The move comes just three days after a jury directed 50 Cent to pay $5 million to a woman who sued over a sex tape.
In March 2016, a judge ordered the rapper to appear in bankruptcy court to explain the Instagram photos, including one that depicts 50 Cent next to piles of cash arranged to spell out "broke." The rapper says in a court filing Tuesday that the bills were props and he isn't hiding assets