Rapper 50 Cent filed for chapter 11 bankruptcy protection on Monday, just weeks after declaring his support for Democratic presidential candidate Hillary Clinton.
Curtis Jackson, the real name of the G-Unit frontman who famously pledged to "Get Rich or Die Tryin’," had a net worth of $140 million last year, according to Forbes. That made him the fifth wealthiest hip hop artist in the world, the magazine said.
However, Jackson’s Monday bankruptcy filing says he has assets worth between $10 million and $50 million and liabilities in the same range.
He is an outspoken supporter of Clinton’s presidential bid. "It’s Hillary time!" 50 declared in a May interview with the Daily Beast.
Like Clinton, the rapper has faced criticism for accepting payments from oppressive foreign governments. He apologized in 2011 for performing a private concert for the son of the late Libyan dictator Muammar Qaddafi and donated his proceeds from the event to UNICEF.
In contrast, the Bill, Hillary, and Chelsea Clinton Foundation has not returned large contributions from governments accused of human rights abuses such as Algeria and Morocco.
Complex magazine reported last year that 50 Cent was charging upwards of $150,000 per show, still well below the $300,000 that Hillary Clinton has charged for speaking engagements.