Rapper 50 Cent drops sale price of his Connecticut mansion
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.
___
Information from: Hartford Courant, http://www.courant.com
News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
Join the Conversation!
Want to share your thoughts, add context, or connect with others in your community?
You must be logged in to post a comment.
