50 Cent Shares Truth of His Bling: My Watch Is Plastic

Rapper testifies in court
By Newser Editors and Wire Services
Posted Jul 22, 2015 8:40 AM CDT
Rapper Curtis Jackson, also known as 50 Cent, leaves court after testifying about his finances, his business deals and the media attention surrounding his recent bankruptcy filing, Tuesday, July 21.   (AP Photo/Bebeto Matthews)

(Newser) – Rapper 50 Cent is one of hip-hop's five richest artists, according to Forbes. He tried to paint a much different picture in court yesterday. The multiplatinum-selling artist, born Curtis Jackson III, appeared in Manhattan state Supreme Court in a proceeding to decide possible additional punitive damages in an invasion-of-privacy lawsuit. A jury has already ordered him to pay $5 million in a lawsuit brought by a woman who said he didn't have her permission when he released a sex tape she made with a boyfriend. Questioned by an attorney for the woman, Lastonia Leviston, the musician-actor denied owning many luxury items. Here's what he had to say about his supposed bling, per the AP and New York Post:

  • On his Lamborghinis, Bentleys, and Rolls Royces: "Those cars were rented."
  • On his jewelry: "I borrowed from the jeweler." (He says he owns just three gold chains.)
  • On his watch: He really wears a plastic Casio G-Shock.
  • On his unpaid debts: One of them is $1,737 he owes to his grandfather.
  • On his home: It does contain a nightclub, but he doesn't know what its zip code is.
  • On his true net worth: Not the $155 million Forbes claims, but $4.4 million.
  • On his earning potential: He did admit to being paid as much as $100,000 a pop for appearing at a nightclub and in the movie Spy (one day's work).

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