The feud between 50 Cent and Rick Ross escalated into a series of dramatic events that unfolded in the public eye. It began in late 2008, sparked by a perceived disrespect at the BET Awards. Rick Ross released a diss track, “Mafia Music,” accusing 50 Cent of burning down his own house. In retaliation, 50 Cent responded with “Officer Ricky,” revealing Rick Ross’s past as a correctional officer.

The beef intensified with personal attacks and revelations. 50 Cent created a cartoon series titled “Officer Ricky” and brought Tia Kemp, one of Rick Ross’s baby mamas, onto his platform to expose Ross’s past employment as a correctional officer. This led to further public humiliation for Rick Ross, impacting his image as a street-savvy figure in the hip-hop community.

In an unexpected turn, 50 Cent declared bankruptcy after losing a lawsuit filed by another of Rick Ross’s baby mamas, Lastonia Leviston, who sued him for releasing her sex tape. However, 50 Cent’s extravagant lifestyle and social media posts raised suspicions about the legitimacy of his financial struggles.

During the bankruptcy proceedings, 50 Cent claimed that his ostentatious displays of wealth were a facade and that he was not as financially secure as perceived. He argued that he was worth only $4.4 million, contrary to previous estimations of $150 million. This led to a court order, and 50 Cent had to explain his social media posts portraying a lavish lifestyle.

In a court deposition, 50 Cent asserted that his luxury cars and jewelry were rented or borrowed for promotional purposes. He downplayed his wealth, stating that he made only 10 cents per album sold, accumulating a total of $3.8 million from 38 million album sales. 50 Cent eventually settled the lawsuit by paying $5 million to Lastonia Leviston.

Further legal actions followed, as 50 Cent sued his former law firms, alleging mishandling of cases. He won a $14.5 million settlement, part of which was used to cover the payment to Lastonia Leviston.

In conclusion, while 50 Cent declared bankruptcy during the feud with Rick Ross, the circumstances surrounding his financial situation appeared convoluted. The bankruptcy filing seemed strategic, allowing 50 Cent to navigate legal challenges and continue his public rivalry with Rick Ross. Despite the public drama and legal battles, both artists continued their respective careers in the hip-hop industry.