50 Cent's financial problems are extremely well-documented at this point, probably a little too well-documented for everyone involved. But now, the rapper's accountants can breathe just a little bit easier, thanks to the sale of his ridiculously massive (and money-draining) Connecticut mansion.
There is an added twist, though. The giant, 50,000-square-foot, 52-room mansion was not sold to a fellow rapper, or even to another celebrity, but instead to an owner who intends to turn it into an assisted living facility. The sale is contingent on the buyer getting permits and the town's approval to go through with his plans.
I hope that if 50 Cent ever gets sad about having had to sell a house in order to get his finances straight, he will at least appreciate the idea of a bunch of retirees living there in his place – an amusing image, if you use your imagination.
No number of amusing images are really worth $10.5 million, though, which is unfortunate, because that's the hit 50 has taken on the sale, as compared to the $18.5 million asking price when he first put it on the market back in 2007. That was way before he declared bankruptcy, incidentally, but it's not hard to see the kind of financial liability such a massive home would be, even for a big earner like 50 Cent, and it makes his subsequent financial woes a little more understandable. The mansion reportedly cost an average of $70,000 every single month, with its casino, infinity pool, grotto, nightclub, 21 bedrooms, 25 bathrooms, and more. That's going to be one hell of a nursing home.
