After 12 years, 50 cents agreed to sell a giant villa at a loss of up to 84%

After a 12-year wait, 50 Cent’s massive Connecticut home was sold, but not for the asking amount.

The rapper, whose true name is Curtis Jackson, attempted to sell the 50-room mansion for $18.5 million after almost ten years of trying. According to PEOPLE, New York celebrity Fredrik Eklund of Douglas Elliman listed the house for $4.995 million in January 2018. miℓℓio𝚗 Dollar Listing Furthermore, it was rented for $100,000 a month.

According to the Wall Street Journal, he sold the house for $2.9 million, which is 84% less than what it was originally listed for. Douglas Elliman’s Jennifer Leahy negotiated.

The rapper “Get Rich or Die Tryin’” will not receive any of the proceeds from the mansion’s massive loss on sale. According to WSJ, a 50 Cent official told the publication that the transaction’s proceeds will go to his charity, G-Unity Foundation Inc., which awards grants to nonprofit organizations that improve the lives of those living in underprivileged and disadvantaged communities.

According to the description, the lavish estate boasts a “substantial” nightclub, an indoor pool and hot tub, and 19 bedrooms and 25 bathrooms. The 50,000-square-foot structure includes a recording studio, a gym, a home cinema, multiple game rooms, and a green-screen area.

On 17 acres, the palace is located. The property features a basketball court, pond with fountain, guesthouses, gardens, and a grotto reminiscent of a Playboy mansion. A 40-person hot tub was included in the listing, according to PEOPLE in 2007.

Unquestionably opulent, the property has had a good deal of problems. A Windsor, Connecticut guy broke into the house in May 2017, according to CBS Connecticut.

Jackson, who no longer resided there, allegedly laughed off the event on social media in a since-deleted post that said, “What my house got robbed, I thought I sold that MF.” Nothing seemed to have been taken. LOL.

The original owner of the 1985 construction was incarcerated for embezzling millions of dollars from investors. At a foreclosure auction, a bank repurchased the house, which it eventually sold to a bankrupt Lithuanian businessman a year later.

The next owner was Mike Tyson, who sold it in 1996 for $22 million. It was purchased by his second wife, Monica Turner, as part of their divorce settlement after six years on the market. She sold the property to Jackson for $4.1 miℓℓio𝚗 in 2003.

Related Posts

“¡Impactante! Linet Puente Desata su Furia y Hunden a Pedro Ferriz: ¿Qué Comentarios Ofensivos Hizo Contra Daniel Bisogno que Despertaron su Ira?”.ahoai

 La famosa presentadora Linet Puente saltó en defensa de su compañero Daniel Bisogno pues decidió responder de forma contundente a Pedro Ferriz Hijar, quien lanzó fuertes insultos en contra del ‘Muñeco’ tras…

“¡Alarma en Televisa! Productor Sufre Preinfarto Durante Evento – ¿Qué Causó la Emergencia y Qué Reveló Gaby Spanic Sobre Su Estado de Salud?”.ahoai

El reconocido productor de Televisa y presentador, Rodrigo Fragoso, hace un par de horas causó un gran impacto durante importante evento de relaciones públicas, al haber sufrido un preinfarto, mientras que…

“¡Inesperado! Actor de Televisa, Tras Delicada Cirugía, Lucha por Su Futuro: ¿Qué Significará Esto Para su Carrera y su Vida a Su Edad?”.ahoai

Un reconocido actor de Televisa, quien en los últimos años ha tenido dificultades para encontrar trabajo, dejó en shock a sus seguidores y a los miembros de la…

Karoline Leavitt’s Heartfelt Wedding Reveal: Fans React to Her Age-Defying Love Story with Nicholas Riccio Karoline Leavitt, the 27-year-old former White House press secretary under President Donald…

“¡Alarma en Televisa! Lupita D’Alessio Hospitalizada de Emergencia al Llegar a Ciudad de México – Triste Noticia Expuesta en Venga la Alegría, ¿Qué Está Pasando Realmente?”.ahoai

Desgraciadamente, hace un par de días se informó que hospitalizaron a Lupita D’Alessio, justo después de que llegó a la Ciudad de México, teniendo que cancelar algunos de…

“¡Escándalo en ‘La Casa de los Famosos All Stars’! Dania Méndez Golpea a Alejandra Tijerina y Lo Celebra Entre Risas – ¿Qué Realmente Sucedió Detrás de Este Violento Encuentro?”.ahoai

En medio de sus peleas y discusiones, Dania Méndez acaba de recibir cientos de críticas, y alguna que otra felicitación, por haber golpeado a Alejandra Tijerina, una de sus mayores…