50 Cent Was Bankrupt before the Vitamin Water Deal

It is reported that hip hop artist 50 Cent had serious financial problems earlier this year. He was spending millions of dollars on his Connecticut mansion, on members of his entourage, and personal security. 50 Cent was broke with a lot of assets and very little cash. His accountants even suggested that he sell some of his assets.

He put up his Connecticut mansion for sale and sold some of his luxury cars. He was even thinking of selling his interest in G-Unit Records. Luckily he didn’t have to sell anything because Coca Cola announced a $4.1B cash offer for Vitamin Water, which is an "enhanced water" company which 50 Cent owned a minority stake. He gained about $40 million dollars from the deal.

Since then, 50 Cent has taken his mansion and almost all of his luxury cars off the market. Only his silver Lamborghini is still up for sale.