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50 Cent fears he’ll be the next Mike Tyson or MC Hammer

In an interview with The Canadian Press, 50 Cent discussed his financial problems (he’s lost “millions” in the market), his inability to sell his house (he’s worried if he can’t unload it he’ll go bankrupt), and pushing his album back (he thinks it’ll sell more if he gives people more time to hear singles).


"Well yeah, I lost a couple million dollars already, you see what I'm saying? I sit with my investors and business managers and accountants looking at the numbers and I'm like, 'Yo, the values of stocks in different areas that I invested in are decreasing!' So I take the loss like everybody else."


"Pushing it back was to position myself a little better. I want to make sure (buyers) hear some things before I actually get my CD physically on sale," he said.


The most interesting part of the story is the portion where 50 discusses his house, anguish over the fact that he thinks it might have been a financially unsound decision, and his fear of turning into Tyson or MC Hammer.


"Ten years ago that was actually taboo, for you to be associated with a major company or corporation - from a hip-hop perspective, you was a sell out," he said in an interview.


"But those artists from that time period are (television) specials, they're completely broke right now."


When 50 Cent put the 4,650-square-metre house up for sale, the listing mentioned its six kitchens, 19 bedrooms and 37 bathrooms. 50 Cent's additions included a 40-person hot tub and some of his own personal designer touches - like stripper poles.


He's been trying to sell it for US$18.5 million for more than a year now, and every night that he sleeps in the monster mansion he's reminded of Tyson's fall from grace.


"I'm waking up in a room that was previously Mike Tyson's bedroom, a fighter who earned over US$500 million in his actual career, and when I purchased his house from him he was in bankruptcy," he said.


It’s an interesting story that really cuts through some of 50’s roid-rage façade. To read the whole thing, go here. [via Daily Swarm]

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50 Cent

37 bathrooms? Cripes. Maybe the house is cursed. Good interview.

/site_media/uploads/images/users/daba/me-bermudajpg.jpg Daba

He's definitely learned one lesson from the 80s/90s rappers about diversifying you money, but he didn't learn the other big lesson about not spending it on ridiculous things that no one could ever need. Not even in the wildest, most liberal definition of the word does any person need a house with six kitchens...

/site_media/uploads/images/users/ykculnU/pink2jpg.jpg Alex T.

Hammer is not broke. Sure he lost millions, but he didn't go around and dis everyone..he took responsibility..he spent a lot of money and helped a lot of people..which hurt him..but he has a different mindset than most rappers..he is not a loser..and like Trump, he can bounce back..he is educated..I hope Hammer and his partners with DanceJam, do so well that Google buys them out..Hammer is no idiot. It is a good thing that all this negative crap about him and his finances justs rolls off his back..wish I could be as positive as he is. People will still be talking about Hammer everyday, forever..he is a true talent..the others that go down will be forgotten...and they'll be scumbags because they have no soul..when they do go broke, Hammer won't be making fun of them..I hope they do go broke..they disgust me...I'm tired of how they have treated Hammer all these years,,

Sharon Gist

f**k 50 cent!!! that's what he gets for trying to ass out the game. the games second and third album were way better than his first album the only reason why his first album did the numbers that it did was because of dr. dre the same thing with eminem an 50 cent they owe all thier success to dr. dre. f**k 50 snitch!!! and the whole g-unit camp bunch of studio gangsters!!!


shut the f:~@k up stress-one=u r a still signed 2 g-unit anyways motherf@~@~hv !!!!!

yoooo !!!

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