50 Cent is the latest owner to be bankrupted by this Connecticut mansion

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Curtis Jackson, also known as rapper 50 Cent, filed documents in Connecticut bankruptcy court on Monday showing he was spending $72,000 a month to maintain a home that has once housed other famous bankrupts.

Jackson’s megamansion in Farmington, Connecticut has nine kitchens, 21 bedrooms and a casino, and was once the home of Mike Tyson. The boxer also went bankrupt while living in the 52-room house.

What else,the Boston Globe reported that the mansion was originally built for $2.3 million in 1985 for Benjamin Sisti, founder of Connecticut commercial real estate development company, Colonial Realty. He then went to jail for bankruptcy fraud.

The 17-acre home was later seized and eventually sold to Lithuanian import-export businessman Romas Martsinkiavitchous for $2.7 million. He sold the mansion a year later because he would have been facing bankruptcy at the time, according to the Boston Globe. Martsinkiavitchous sold the house to Mike Tyson in 1996 for $2.8 million.

After Tyson squandered his millions, the mansion passed to his ex-wife as part of a divorce settlement in 2013. She sold the house to Jackson in 2003 for $4.1 million.

Documents filed by Jackson revealed that his monthly income of $184,000 came mostly from royalties and interest on his investments, and his monthly expenses were $108,000. Here is a breakdown of some of his monthly expenses:

  • Gardening: $5,000

  • Household items: $1,500

  • Wardrobe: $3,000

  • Meals and entertainment: $3,000

  • Personal care: $1,000

  • Security and protection: $9,000

Jackson filed for bankruptcy last month after New York jurors ordered him to pay $7 million to a woman who said she posted a sex tape of her and a boyfriend online, according to the report. Associated Press.

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