Entertainment

50 Cent Says He Lost Millions Buying Mike Tyson’s Old House

50 Cent has said that he lost millions of dollars as a result of purchasing a house once owned by legendary boxer Mike Tyson.

In an interview with Big Boy’s Neighborhood, the G-Unit leader said his purchase of Tyson’s 52-room mansion in Connecticut back in 2003 was a big mistake.

J. Cole’s Verse On Tems New Song Silences Critics After Getting Dragged For “Grippy”J. Cole’s Verse On Tems New Song Silences Critics After Getting Dragged For “Grippy”0:00PauseNext video0:00 / 0:00Full-screen

The 50,000-square-foot home had 21 bedrooms, 25 bathrooms, an indoor pool, hot tub, green-screen room, indoor court, multiple game rooms, a recording studio and even a nightclub.

“The Tyson crib was like that, that was definitely it,” 50 Cent said after being asked if he had any financial regrets. “I paid $4.1 [million] and I sold it for $3 [million].”

Big Boy then asked him to lay out the cost of maintaining a property of that magnitude. “I had it for 14 years, the upkeep was about $700,00 a year,” 50 Cent said.

He went on to say that because the estate was so large, he and his G-Unit entourage were able to all stay at the residence and allow 50 Cent to still have his space.

This isn’t the first time 50 Cent has spoken about the misfortune of owning Mike Tyson’s old crib. Back in 2021, Fif said he had purchased the property during a rather lucrative time early on in his career.

“My first run, the Roc The Mic Tour and everything we did, I came back and had $38 million in my account,” the Queens native revealed during an interview with Brian J. Roberts while promoting his new BMF series. “And all I had was a two-bedroom apartment that was $800 a month.”

Fiddy added that the purchase was also for tax reasons. “If you don’t spend it, you know the IRS is gonna take it,” 50 Cent explained. “I needed the expenses, so I ended up buying Mike Tyson’s home in Farmington and stuff like that. I was adjusting to it.”

Curtis originally put the house on the market for $18.5 million in 2007 and tried to find a buyer for years. He ended up selling it at a massively discounted $2.9 million in 2019 and donated all the money to his charity, G-Unit Foundation.

Elsewhere in the interview with Big Boy, Fiddy spoke about the rise of his G-Unit collective and said he and the entourage simply stuck together after the success of his 2003 seminal album Get Rich or Die Tryin’. The 47-year-old added that in hindsight he wishes Tony Yayo would have blown up instead of him.

“My solo album took off so big that I just brought them with me,” 50 said. “So it was clear that it was me creating opportunity for everybody else in the crew, but we was all together. I wish it would have been Yayo, because then I coulda did all of the business. If he woulda did what 50 Cent did, then I would have been running the whole thing.”

He continued, “It would still be two of us. He’d still be 50 cent as the artist and I’d be the largest asset to us.”

The mogul also took a moment to apologize to Megan Thee Stallion, whom he had accused of lying about everything in relation to her case with Tory Lanez since she initially denied having a 𝓈ℯ𝓍ual relationship with Lanez.

50 said his mindset changed when Tory Lanez’s jail cell phone call to Megan’s former friend Kelsey Harris was played in the trial as evidence, which helped to implicate Tory Lanez as the shooter.

“I’m gonna apologize to Megan Thee Stallion,” 50 said. “I said some things, and it was because… On social media I posted things that, when she was with Gayle [King], she said: ‘Were you intimate with Tory Lanez?’ And she said: ‘What?’ and it was like, ‘No.’ And I was like, ‘Ah, she lying.’”

He continued: “I should apologize to her, because when I heard the phone conversation – that made me feel like, ‘Oh shit. Now I know what happened.’ I’m sure that was probably what swayed people in court, too.”

Related Posts

Ariana Madix plants a kiss on hunky gym trainer boyfriend Daniel Wai during NYC stroll

Home/Vanderpump Rules/Ariana Madix plants a kiss on hunky gym trainer boyfriend Daniel Wai during NYC strollVanderpump RulesAriana Madix plants a kiss on hunky gym trainer boyfriend Daniel Wai…

Eminem shares that he’s a ‘grandfather’ in a music video celebrating his daughter’s first pregnancy.

The 28-year-old is expecting her first 𝚋𝚊𝚋𝚢 with her husband Evan McClintock Eminem is going to be a grandpa! On Thursday, Oct. 3, the rapper, 51, released a touching…

Novak Djokovic sigue los consejos de su esposa Jelena y otros para expandir sus horizontes en la moda

Novak Djokovic ha revelado cómo está explorando el mundo de la moda con el apoyo de su esposa, Jelena, y otras personas cercanas a él. Esta confesión llega…

Donald Trump Mocks Jimmy Carter on His Milestone 100th Birthday

Former President Carter turned a century old on Tuesday, Oct. 1, after spending more than 19 months in hospice care Selcuk Acar/Anadolu via Getty, Jessica McGowan/Getty Donald Trump,…

Trump’s True Crowd Size Exposed in Embarrassing Video

Donald Trump was an hour and a half late to his rally in Saginaw, Michigan, on Thursday, but even the extra time couldn’t muster more people to line…

Priyanka Chopra stuns in elegant Vogue photoshoot featuring top Indian designers

Priyanka Chopra embraced a demure, mindful fashion trend in a Vogue photoshoot while visiting India. She showcased elegant outfits by India’s finest designers, sharing the images on Instagram….