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.