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If you're filing for protective bankruptcy to avoid having to pay people what you owe, there are some things you might not want to be doing.
50 Cent has declared himself to be bankrupt:
In papers filed with the US bankruptcy court in Hartford, Connecticut, on Monday, 50 Cent, real name Curtis Jackson, reported assets and debts in the $10m to $50m range. According to the petition, 50 Cent holds primarily consumer debts, which are debts “incurred by an individual primarily for a personal, family or household purpose”.If you'd like a full Ozymandias moment, might I suggest you turn your attention to 2009's Business Insider piece, 50 Cent's Massive Business Empire. There's a parade of the piles of cash which, it turns out, 50 Cent has managed to lose:
50 Cent, you'll recall, is the raised-from-the-dead, shot-9-times rapper, produced by Dr. Dre and Eminem.It's probably all that vitamin water which accounts for how he's pissed it all away.
But fame did not make him the big bucks, smart business moves did (Just ask Gary Coleman).
Once you're it, says 50 Cent, there is no time to rest on laurels. It's time to market the hell out of yourself – thus, getting more exposure.
Most importantly, you have monetize your popularity. From book deals to vitamin water to moisturizers, 50 Cent is dabbling in almost everything.
The bankruptcy report arrives three days after a jury ordered the rapper to pay $5m to Lastonia Leviston, of Pembroke Pines, Florida, for buying her sex tape, editing it with his own narration and posting it online without her permission.Nah, 50 Cent wouldn't file a bankruptcy claim just to avoid having to pay the money he owes to a woman who he humiliated "for a laugh", would he? Because that would be even harder to swallow than his foul-tasting Street King energy drink.
Here's an inappropriate use of the word 'history' from ContactMusic:
50 Cent is set to make history at the South By Southwest festival in Texas next week (11Mar14) by streaming his concert on a mobile app he has invested in."Man streams gig over internet using proprietary technology". Remember where you were when you heard the news.
If I'm reading this story from CNN correctly, it looks like 50 Cent is using the starving of Kenya and Somalia to boost his businesses:
Jackson has pledged to provide one billion meals for the hungry, and is donating a meal from every sale of a new energy drink, Street King, according to the World Food Programme.Using people in need of food to flog cans of pointless "energy drink"? Perhaps it's an art statement.
50 Cent - he's such a laugh right? Three weeks ago, he tweeted this rib-tickler:
“Perez Hilton calld me douchebag so I had my homie shoot up a gay wedding. wasnt his but still made me feel better”After some grown-ups saw it, that was taken down.
A tweet posted on his wall this morning read: "If you a man and your [sic] over 25 and you don't eat pu**y just kill your damn self. The world will be a better place. Lol"Lol indeed, Mr. Cent. Gay men should commit suicide. What astonishing insight you have into the human condition. Let's get you into your carpet slippers and let you have a bit of a rest in a comfy armchair, shall we? We'll pull the curtains so nasty old real life doesn't intervene, shall we?
With the new 'papers, please' law targeting people who don't look like the right sort of person in Arizona, there's a gentle cultural backlash starting to gather pace:
Hip-hop acts Pitbull and Cypress Hill have canceled upcoming shows in Arizona to protest the new law, which will take effect July 29. The legislation will require local authorities to determine a person's immigration status if he or she is suspected of being undocumented.
Banda star Jenni Rivera and reggaeton chart-toppers Wisin & Yandel are skipping the state on their AEG Live-promoted summer tours, while Mexican acts Conjunto Primavera and Espinoza Paz have canceled their previously announced concerts in Phoenix.
The staff at new Liverpool club Bamboo are proud as they announce 50 Cent is going to turn up for their grand opening:
Kay [Uchegbu, party organiser] said: “No one has ever opened a club in Liverpool with 50 Cent or a big international star.
“He wouldn’t go to just any club, he’s 50 Cent, so we had to show his people the idea behind the club and what it’s all about – it’s Liverpool’s only seven star club.
Insiders said the star would be paid £50,000 to attend the official launch of the new club in Duke Street.
Here's news of a surprising comeback from Gordon Smart:
JAMELIA has been off the scene for a few years but now 50 CENT wants to sign her to his G-Unit label.
The New York rapper turned music mogul met the Brummie singer while in London last October for the premiere of his thriller flick Dead Man Running.
With echoes of P Diddy's clumsy "grounding my private jet" joke-that-wasn't from earlier on in the recession, 50 Cent has been sharing his economic pain:
50 Cent's diamond buying hit by recession
Rapper 50 Cent has admitted that he has to sell his old diamonds before buying new ones after the recession cut down his fortune.
“If you don’t lose money in this recession, it means you didn’t have enough to start off with,” 50 Cent said.
“Sure, I lost a few million, but that’s because I have so much. This is a time that will sort out the strong from the weak."
Ian Brown thinks that working-class pride can be rebuilt by showing them 50 Cent movies:
He tells Britain's Mojo magazine, "I think all kids should be made to watch the Biggie Smalls film (Notorious), the Eminem story (8 Mile) and the 50 Cent film (Get Rich or Die Tryin').
"There's not enough about working class kids getting on in life, the working class got cut out of history, and we can't let that happen.
"I met Biggie Smalls in September 1995 and it was mega (amazing). He was like something out of the Bible, talking in parables, and he looked like an old '20s jazz star. Some days I have to pinch myself that I met him."
The new 50 Cent album features a chunk of Cent doing some spoken word stuff, or 'talking', as it's known. Or 'waffling'.
50 Cent doesn't view this as 'not being arsed to make a proper thing out of the content and just shoving it on the record'. Oh, no; it's a bonus:
"That's when I don't have to be in song format," 50 said last week from his new G-Unit Manhattan office. Yeah, he and his crew packed up from their old 34th Street digs and have a better spot. "I can say exactly what I mean, and people are entertained by that too. That's also a sign that you're a star."
50 Cent is delighted to announce that he had nothing to do with the strange burning down of one of his houses, through his own website:
Back in May of 2008,50 Cent’s ex and baby mother of his son, blamed and accused 50 Cent for a fire that took place in her 1.4 million dollar home, which 50 purchased for them.
50 Cent has just been officially cleared of the house fire. The police department and insurance investigators ruled that there is absolutely no proof or evidence suggesting that Curtis Jackson or any affiliated parties were involved. Curtis Jackson has just been cleared of all the accusations. The investigation will continue until the guilty party is found.
Now that 50 has been cleared...Who Does that Leave to Blame???
Detective Lieutenant James Rooney, the commanding office of the arson squad for the Suffolk County Police Department said he had read the post but would not confirm its claims. "The investigation is still ongoing," Rooney said. "I don't know where they got that information, but our case is still open and ongoing."
There is, of course, a distinction between having Twitter ghostwriters and paying someone to update your social networking profiles. The former is what 50 Cent does, the latter is Britney Spears' approach.
It's one thing to openly make it clear that it's someone from your team who is sticking up the messages: when you read "Britney is doing something really cool", you're going to know that it's a minion doing the typing.
But what about when the Tweets are constructed to make it seem like they're coming from the person in whose name the account has been established?
For instance, say you're one of the 200,000 people signed up for 50 Cent's feed, and you saw his eloquent March 1 post in which he opined, "My ambition leads me through a tunnel that never ends." Deep, right? But prompted the savvy businessman and beef-addicted rapper to write such a line? Apparently you'd have to ask "Broadway" (a.k.a. Chris Romero), the director of 50's Web empire, who tweeted the thoughtful comment after reading it in an interview.
"He doesn't actually use Twitter," Romero told the paper about his boss. "But the energy of it is all him." The energy, huh?
Let's take 50 Cent's announcement that he's going to release two albums this year not as a sign that he's running low on money and needs to start milking the fans before Matt Crawford catches up with him, but instead as a sign that he's bursting with artistic ideas that need two discs to be contained:
“The new announcement is that I’m dropping two albums,” 50 told MTV News. “I’ve had an opportunity to record since I thought I was releasing an album in December. But the portion of my record that I recorded with Dr. Dre was incomplete, because there was no opportunity to mix it.”
The value of history. How else could we live in a world where Fifty Cent compares Jay-Z to Gandhi:
"Jay-Z is Gandhi... He'll bear the disrespect for what? For working to be in a great position. So for creating the comfort that he desires for his life, he has to bear the disrespect. Because they'd like to be where he is. That's an interesting concept because Jay (would) rather just let 'em go.
"My take on it is, yeah, I'm gonna say something back, and he gonna wish he never said what he said. He gonna wish he never came around here sniffing around me."
Eminem's new album is just "weeks" away from completion, it seems. But the team have come up with a smart way to try and guard against the thing leaking onto the internet - they're using 50 Cent:
I will be all over the record, you kidding me? You think I won't take advantage of the opportunity for everybody to look at me and listen to me. Yes I will!
You can imagine the disappointment on 50 Cent's little face when his plans to work work with Robbie Williams were frustrated by Williams going on holiday:
"We actually attempted to do it during the Curtis album and I reached out to him and we talked about recording in Los Angeles and then the next time I spoke to him he was on his way to rehab so that didn't happen then.
“Hopefully on one of my projects in the future we will have a chance to work with each other.”
Most slightly annoying comedy characters have their own trademark vehicle - Mr Toad's horn-covered sports car; Mr Bean's little car; DelBoy's three-wheeler. Sadly, though, 50 Cent is not to join them, as General Motors have decided the bruised economy just won't support a specially tricked out "sports truck" in Fiddy's honour:
"We always knew that it was going to be very low-volume," Pontiac's Jim Hopson said of the vehicle that experts predicted would likely not sell more than 5,000 units a year. "This would have been an extreme specialty vehicle. From a long-term standpoint, especially with where the brand is moving, it just didn't make sense."
"Partnering with Pontiac has given me the opportunity to create something truly unique — a customized performance vehicle I am really proud of," 50 said at the time the deal was announced. "The G8 is like none other, and it pushes the boundaries of what people think a car has to be."
Taco Bell ran some ads recently for their cheap menu, suggesting 50 Cent call himself 99 Cents or 89 Cents or some such, reflecting their cheap prices. Not, perhaps, the funniest advert ever, but mildly amusing.
50 Cent was unamused:
There's a meeting for our times: 50 Cent meets up with Nelson Mandela:
