The whole 50 Cent bankruptcy saga has been long and full of twists. Now, after a year of having to hold back from flaunting his money, Fif is back to his normal self on Instagram and he’s letting you know his bankruptcy is over.
The Queens rapper took a screenshot of TMZ’s report that he’s reached a deal ending his financial troubles. He captioned it with, “Oh now I remember where I put that Money. LMAO #EFFENVODKA #FRIGO,” because, of course, he’s 50. A judge reportedly signed off on a deal that’ll have him paying out $23 million to his creditors over the next five years, $17 million of which is headed to Sleek Audio and $6 million to Lastonia Leviston.
Originally, 50 Cent was ordered to pay over $7 million to Leviston, the mother of Rick Ross's child, for publishing a sex tape of her without her consent and including his own personal commentary. 50’s legal team presented the proposed plan to the court back in April.
"Mr. Jackson is pleased that the Bankruptcy Court approved his plan of reorganization today, less than one year after filing for Chapter 11 to reorganize his financial affairs," 50's lawyer told the entertainment website. "Mr. Jackson appreciates the fresh start this process provides."
50 Cent’s still been working hard even throughout the court proceedings regarding his bankruptcy case. He’s continued to promote his partnership with Effen Vodka and worked on his numerous television ventures.
Check out his reaction to the ending of his bankruptcy hearings below.
(Photo: 50 Cent via Instagram)
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