Get Rich Or Slash Sale Price And Try To Get Out Without Owing Too Much Money

TMZ is reporting that rapper and George W. Bush supporter 50 Cent has dropped the price on his 50,000 square foot mansion, from its original asking price of $18.5 million down to the low low price of $10.9 million. Fiddy originally purchased the mansion, situated on 17 acres in Connecticut, for $4.1 million in 2003 from Mike Tyson. The difference between his original purchase price and his current asking price is $6 million in improvements, including “a disco complete with stripper poles.”

50 Cent Mansion For Sale

The sale is sparked by 50 Cent’s frustration with the two hour commute to Long Island, where his son Marquise currently lives with his mother, 50 Cent’s ex-girlfriend Shaniqua Tompkins. But surely the man identified by Forbes as the world’s second richest rap artist in 2007 could find a better solution to this problem than trying to dump his mansion on a buyer’s market? Let’s face it; this is not the best economic climate to be trying to sell a giant mansion.

Last December 50 told an interviewer that he has been personally suffered financial problems thanks to the recession, having lost “several million dollars” on the stock market. 50 has announced that he wants to buy a smaller (that’s a relative term, “smaller”) home in New York. It sounds like, in addition to saving time on his commute, 50 Cent is trying to take the sensible step of downsizing his holdings, in order to live within his means.

Hey, you don’t get to be the world’s second richest rap star by being financially irresponsible!

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