See How Twitter Reacted to 50 Cent’s Bankruptcy

4 minute read

Since the news broke Monday that rapper 50 Cent (real name: Curtis Jackson III) filed for Chapter 11 bankruptcy protection in a U.S. court in Connecticut, media outlets, comedians, and web writers have been tweeting all of the obvious jokes and puns. Most poke fun at the irony of a rapper named after money filing for bankruptcy, while others point out that he won’t be “broke,” so they are schooling users in personal finance and economics. Here is a glimpse at the funniest Twitter reactions:

The irony of a guy named 50 Cent filing for bankruptcy is not lost on me

— Patrick Scott Patterson (@OriginalPSP) July 13, 2015

50 Cent has declared bankruptcy. In a related story, Ice Cube's freezer is broken.

— Eli Braden (@EliBraden) July 13, 2015

The European Union is now in talks with 50 Cent.

— DavePell@threads (@davepell) July 13, 2015

50 Cent is saying that he's out of change http://t.co/AcpzEK1v6w pic.twitter.com/03Tuqgi5HK

— NBC New York (@NBCNewYork) July 13, 2015

50 Cent's new business card: pic.twitter.com/cjTNirdwnj

— TrivWorks (@TrivWorks) July 13, 2015

These 50 cent jokes are cheap... It's ill advised for your brand but bankruptcy is a business move people. Trumps' filed bankruptcy x3 times

— Jake (@JakesplaceHQ) July 13, 2015

50 Cent is centsless: Rapper declares bankruptcy. http://t.co/0wG3sURdVL pic.twitter.com/WqFEvPu5mx

— Fox News (@FoxNews) July 13, 2015

Down to his last 50 Cent? Rapper files for bankruptcy http://t.co/N3Y3lfU5kT

— The Guardian (@guardian) July 13, 2015

Since 50 Cent filed for bankruptcy does that mean creditors can collect 10 cents on the half dollar?

— Lizz "Insufferable Wench" Winstead (@lizzwinstead) July 13, 2015

50 Cent has filed for bankruptcy? That makes 0 Cents.

— Brett Phipps (@InverteBrett) July 13, 2015

Twitter says 50 Cent is broke.

Personal Finance 101 says filing for bankruptcy is a cost-effective move to erase debt/protect investments.

— Alecko Eskandarian (@alecko11) July 13, 2015

You could find him in da...court? 50 Cent files for #bankruptcy, http://t.co/1I7bO6FLsi via @WSJBankruptcy

— Lillian Rizzo (@Lilliannnn) July 13, 2015

*Sees 50 Cent filed for bankruptcy*

*Logs on to Twitter*

*Waits* pic.twitter.com/3ySqVQkNhZ

— Jamie Delaney (@Jamie_Delancey) July 13, 2015

50 Cent

"Power" Season Two Series Premiere
Daniel Zuchnik—WireImage/Getty Images

The rapper filed for bankruptcy on Monday, just days after being ordered to pay $5 million to a woman who said he posted her sex tape online without permission. He listed both his assets and his liabilities in the $10 million to $50 million range.

Toni Braxton

Toni Braxton
Todd Williamson—Invision/AP

The “Un-Break My Heart” singer has filed for bankruptcy twice, in 1998 and 2010. She says the first round was due to low royalties from her record label, and the second because she canceled her Vegas show after learning she was ill.

MC Hammer

MC Hammer
Evan Agostini—Invision/AP

The rapper filed for bankruptcy in 1996, when he was reportedly already delinquent on several years’ worth of taxes.

Larry King

Larry King
John Shearer—Invision/AP

The talk show host had debts in the amount of $352,000 in 1978, forcing him to declare bankruptcy. The same year, he started the radio show that eventually led to his 25-year gig on CNN, which presumably helped refill the coffers.

Gary Coleman

Gary Coleman
Richard Drew—AP

The Diff’rent Strokes actor said much of the money he made on TV was taken by his parents while he was underage; though some of it was recouped in a lawsuit, he filed for bankruptcy in 1999. Coleman died in 2010.

Mike Tyson

Mike Tyson
Andy Kropa—Invision/AP

The boxer filed for bankruptcy with debts of about $23 million in 2003; at the time, the New York Times said he had made about $400 million in his career.

Burt Reynolds

Burt Reynolds
Kevork Djansezian—AP

The Boogie Nights actor was $10 million in the red when he filed for bankruptcy in 1996.

Cyndi Lauper

Cyndi Lauper
Evan Agostini—Invision/AP

The “Time After Time” singer filed for bankruptcy in the early ‘80s after her first group flopped, according to Rolling Stone. Luckily for the pop singer, her best years were still ahead of her.

Tom Petty

Tom Petty and the Heartbreakers at PPL Center
Matt Smith—AP

When the rocker’s record label was acquired by another company, Petty refused to be traded like a baseball card, and declared bankruptcy in 1979 to try to nullify his previous contract. The gamble worked: MCA released and re-signed him under a more favorable deal.

Marvin Gaye

Marvin Gaye
Doug Pizac—AP

The “What’s Going On” singer filed for bankruptcy in 1978 after an expensive divorce from his first wife, Anna Gordy.

Mick Fleetwood

Fleetwood shrugs off money woes
Ian West—PA/AP

The Fleetwood Mac drummer declared bankruptcy in 1984, counting assets of $2,404,430 and debts of $3,697,163, according to Rolling Stone.

Wayne Newton

Wayne Newton
Dan Steinberg—Invision/AP

The “Danke Schoen” singer filed for bankruptcy with debts of $20 million in 1992, according to the L.A. Times, even while he was appearing in a successful Las Vegas show for half the year.

Gary Busey

Gary Busey
Jordan Strauss—Invision/AP

The Lethal Weapon actor filed for bankruptcy in 2012 with a net worth of $50,000 or less and debts between $500,000 and $1 million, Reuters reported.

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Write to Olivia B. Waxman at olivia.waxman@time.com