50 Cent who usually shells out $72,000 in monthly expenses at his Connecticut estate. has asked the court to let him keep paying the bills for the upkeep of his lavish mansion. More...
The
rapper's 50,000 square-foot home sits on 17-acres, and costs him
$72,000 a month - including $17,400 a month for the mortgage and $5,000
for gardening. 50 Cent has been trying to sell the lavish residence since 2007.
In
court papers, the value of the lavish Farmington, Connecticut home was
listed as $8.25 million, with the rapper still owing $1million to the
bank for the property.
The
mansion, which used to be owned by boxer Mike Tyson, has 21 bedrooms,
nine kitchens, racquetball and tennis courts, a home movie theater, a
nightclub with DJ area and private casino, a stripper pole, and an
eight-car garage.
The
In Da Club rapper filed for bankruptcy in July, after he was ordered to
pay $5million to Lastonia Leviston for civil rights violations and
emotional distress after he posted her sex tape online, reportedly as
revenge against his rival Rick Ross, whom she has a child with.
On July 24, the jury ordered 50 Cent to pay an additional $2million in punitive damages after his bankruptcy bid.
The
rapper was also embroiled in a $18million lawsuit over his headphones
businesses, and says his costly legal woes have forced him to file for Chapter 11.
The
musician has sold more than 22million albums, and Forbes once estimated
the entertainer and businessman's net worth at $150million.
However, in bankruptcy paperwork 50 Cent reported $32million in debts - including $2,000 he owed to his grandfather.
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