50 Cent’s moniker has ceased being figurative— the rapper and business mogul has filed for bankruptcy in Connecticut’s Bankruptcy Court.Curtis James Jackson III, known by his stage name “50 Cent” or “Fiddy”, started his career as a successful rap artist, rising to the top of the charts and taking in millions of dollars in royalties annually. Fiddy started investing in business ventures in a variety of areas, including the beverages industry, music, clothing, technology, and energy. Vitamin Water has been Fiddy’s most successful business to date— when the company to Coca Cola in 2007, his minority shareholder stake earned him $100 million. Last year, he was named to Forbes’ Top Five Wealthiest Rappers, with an estimated net worth exceeding $140 million. So, what happened to all that money? Well, Fiddy’s bankruptcy filing does not reveal much. At only five pages, his Chapter 11 petition discloses only the bare…
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