Bankrupt rapper, 50 Cent, drops asking price of his massive mansion AGAIN to $8.5million in eight-year battle to sell it

Rapper millionaire 50 Cent has dropped the price of his huge  mansion yet again in his latest attempt to sell the property.

The 50,000-square-foot home in Farmington, with 21 bedrooms and 25 bathrooms, has been listed for sale priced $8.5million.

 

50 cent had originally listed the property for sale in 2007 for $18.5million – but the price has been dropped several times in subsequent attempts to sell it.

Lawyers representing Jackson said he would try again to sell the property to raise funds after filing for bankruptcy over the summer.

But Rob Giuffria, a realtor in Farmington and an expert in the area’s high-end real estate, said the property still won’t sell.

He does not believe the property, set on 17 acres, will sell for more than $5million.

The mansion, which has been listed Douglas Elliman Real Estate, is one of the biggest private residences in America.

Jackson bought the house in 2003 from boxer Mike Tyson for $4.1million.

That year, he had become one of the world's best-selling artists with his album Get Rich Or Die Tryin’.

He then spent more than $6million renovating the house and its grounds, and installed a helicopter pad, infinity pool and private cinema.

The home also has a private casino, gym, racquetball courts and disco room with stripper poles. There are 52 rooms in total, including nine kitchens.