The Rapper known as 50 Cent has filed for bankruptcy in New York reporting debts and assets in the range of $10 million to $50 million.
It comes two months after he filed for bankrupty protection for a boxing promotion company.
The 40-year-old entertainer has sold more than 30 million albums worldwide and won a Grammy award in 2010.
In May, Forbes named 50 Cent as one of the five wealthiest hip-hop artists in the United States with a net worth of $155 million, largely from his business interests in clothing, beverages and music technology.
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