50 Cent Pays More Than $22 Million To Close Bankruptcy 3 Years Early

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In July of 2015, 50 Cent filed for bankruptcy. It was a surprising headline for many, given Curtis Jackson’s meteoric 2000s rise as a rapper and businessman. Despite his stake in electronics, a Starz network series, a record label, line of spirits, and previous investment in soft drinks, 50 Cent claimed he owed debtors more than $36 million, and claimed to have assets of less than $20 million.

In less than two years, it appears that the G-Unit honcho has exited bankruptcy. According to Billboard, the Queens, New Yorker paid more than $22 million. Bankruptcy Judge Ann Nevins approved the discharge yesterday (February 2) in Hartford, Connecticut, the same state as one of the rapper’s residences.

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50’s legal team said that the onetime Eminem protege used $8.7 million of his own money and $13.65 million “He received in a recent settlement of a legal malpractice lawsuit against other attorneys.” Previously, the artist was ordered to pay back debtors by 2020.

It has been more than one year since Fif’ has released a project, dating back to The Kanan Tape. His single, “I’m The Man” featuring Sonny Digital and Chris Brown was certified gold in 2016.

Last year, he appeared on Prodigy’s R.I.P. 1 compilation. He notably ended beefs with The Game and Cam’ron, respectively, during public appearances.