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FARMINGTON, Conn. – Rapper 50 Cent has dropped the asking price of his Connecticut mansion to less than $6 million.
The Courant (http://cour.at/29JoMCh ) reports 50 Cent, whose real name is Curtis James Jackson III, reduced the price of the 17-acre Farmington property to $5.995 million, according to the website of the real estate agent that has the listing.
The rapper bought the 19-bedroom home from boxer Mike Tyson in 2003 for $4.1 million and made millions of dollars in renovations.
The 50,000-square-foot mansion was originally listed for $18.5 million. By last fall the price had dropped to $8.5 million.
Jackson filed for bankruptcy a year ago, citing debts of $36 million and assets of less than $20 million. A judge this month approved Jackson’s plan to reorganize his finances and repay creditors.
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Information from: Hartford Courant, http://www.courant.com
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