After filing for Chapter 11 on Monday (July 13) claiming bankruptcy, 50 Cent seems to be in pretty high spirits despite being low on cash flow. 50 Cent (real name: Curtis Jackson) poked fun of the idea that he was being forced to downsize showing off his new smart car on Instagram, despite being spotted throwing money at a strip club.
Just three days after losing in lawsuit filed by Rick Ross' baby's mother Lastonia Levinson and being ordered to pay out $5 million dollar in punitive damages, the rapper went and filed document in courts claiming financial hardship.
Because of his new bankrupt status, the "Birthday" rapper went on Instagram to show off his newest economically feasible ride.
Times are hard out here LMAO #EFFENVODKA #FRIGO #SMSAUDIO
A photo posted by 50 Cent (@50cent) on Jul 13, 2015 at 9:43pm PDT
Later, he was seen at Ace of Diamonds strip club in West Hollywood last night making it rain on the exotic dancers.
Despite his newly bankrupt status, in May Forbes reported that 50 Cent is worth a whopping $150 million from all his business ventures.
However, 2015 has not treated 50 Cent kindly. The rapper has lost two lawsuits -- one from uploading a sex tape of Levinson to the Internet and the other from Sleek Audio. The headphones company filed that 50 Cent stole a headphone design from them and marketed it as his own. For that, he was forced to pay out over $17 million.
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