Covid-19 Outbreak SA Online Resource | More info
Insurance, Car Insurance, Funeral Cover, Life Insurance, Budget Insurance, Insurance Quotes, CompareGuru, South Africa.
Car and Household
Business
Life and Funeral
Car Insurance
Cover your vehicle
More Information
Get Quote
Pre-Owned Warranty
Cover the mechanical and electrical components of your vehicle
More Information
Get Quote
Extended Warranty
Cover the mechanical and electrical components of your vehicle
More Information
Get Quote
Scratch and Dent
Cover small dents, chips and scratches to your vehicle
More Information
Get Quote
Tyre and Rim
Cover damages to your wheels
More Information
Get Quote
Home Insurance
Cover your home and everything in it
More Information
Get Quote
Commercial Vehicle Insurance
Protect vehicles and drivers used in the day-to-day operation of your business against risks like financial loss, damage or personal injury.
More Information
Get Quote
Commercial Insurance
Provide cover against common risks and disruptions to business operations, such as theft, damage to property, employee / client injury and much more.
More Information
Get Quote
Directors and Officers Liability
Safeguard your business and key players from financial loss with the right policy.
More Information
Get Quote
Errors and Omissions Liability
Covers your business and employees against claims of negligence, poor workmanship, and more.
More Information
Get Quote
Life Insurance
Provide for your loved ones
More Information
Get Quote
Disability Insurance
Protect your paycheck
More Information
Get Quote
Serious Illness Insurance
Cover yourself for illnesses like cancer, Alzheimers, Parkinsons, strokes or heart attacks.
More Information
Get Quote
Funeral Cover
Protect your family financially and cover funeral expenses
More Information
Get Quote
Domestic Worker Insurance
Cover the person that looks after you and your family everyday
More Information
Get Quote
Menu
Home
About Us
Domestic Worker Cover Quote
Life Insurance Quote
Car Insurance Quote
Funeral Insurance Quote
Extended Warranty Quote
Pre-Owned Warranty Quote
Scratch and Dent Quote
Tyre And Rim Quote
News Room
Meet The Team
Careers
Providers
Insurance
Car Insurance
Building Insurance
Household Contents Insurance
Life Insurance
Disability Insurance
Serious Illness Insurance
Domestic Worker Insurance
All Risk Insurance
Funeral Insurance
MotorVAPS Cover
Commercial Insurance
Commercial Vehicle Insurance
Directors and Officers Liability Insurance
Errors and Omissions Liability Insurance
Support
Contact Us
Terms of Service
Privacy Policy
Disclosures
Client Letter
POPI Act
PIA Act
CIM Policy
Complaint Escalation
TCF Form

News Room

50cent Or A Rand: You Might Need Debt Consolidation

Compare Guru
2015-08-27
Curtis Jackson, or as he is better known by his hip-hop moniker, 50 Cent, is no stranger to adversity. Growing up in the New York City, he was shot nine times in April 2000 by an unknown gunman.
dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt;"> Written By: Nic Bowen

Since then, he has gone on to build a successful music empire which, according to Forbes magazine, is valued at $155 million. Now the rapper is facing a different kind of trouble; rather than staring down the barrel of a gun, he’s looking at millions of dollars of debt which could mean financial ruin. Be on the safe side and manage your debt; if this can happen to Fiddy, it can happen to you too.

His recent filing for bankruptcy followed a lawsuit in which he was ordered to pay upwards of $5 million after he allegedly leaked a less than flattering video onto the internet. While this probably seems like an absolute fortune to the rest of us, 50 Cent has assets valued in the hundreds of millions, and a home that can be described as nothing less than a modern day mansion. His current home features the following amenities:

  • 21 bedrooms
  • 24 bathrooms
  • Swimming pool
  • Basketball court
  • Private club
  • Movie theatre
All of this sits on 17 private and pristine acres of land.

So what does this lawsuit, and his subsequent filing for bankruptcy, mean for the rapper? A lawyer representing the plaintiff in the lawsuit has stated that 50 Cent’s bankruptcy is nothing more than a strategic move to keep him from having to pay up after losing the lawsuit. And the case is far from over as jurors are still deliberating on whether or not to file charges for punitive damages against the rapper.

So does this lawsuit mean the end of the line for Fiddy? Well, aside from his vast estate, he also covets various successful business interests. These include his own line of headphones, energy drinks, clothing range, and a stake in his own movie business. Let's hope his insurance is also up to date, or else he would be even deeper in the rough.

CompareGuru Social TwitterCompareGuru Social FacebookCompareGuru Social LinkedIn

Sign up to our Newsletter now, and don’t miss a beat.

Email Address
Name
Sign Up