(EXCLUSIVE) 50 Cent’s Bankruptcy Reveals Son Will Receive $832K By 18

50 has explained in court docs that he is not a celebrity who has spent recklessly living the high life, but rather he is the prime example of the American Dream — he just got caught up in too many legal battles that have left him with tens of millions to pay out.

On August 3rd, the rapper filed new docs explaining a more detailed look at his dire financial situation. One of the biggest debts he has will span out for the next 16 years — child support to his baby mama, model Daphne Joy (real name Daphne Narvaez) for their 2-year-old son Sire.

Cent, Daphne Joy and Sire Jackson

50 Cent lists his child support payment obligations as $832,600 – the total amount owed per an agreement he has with Daphne for child support until Sire reaches 18-years-old. To break that number down to monthly support, it comes out to around $4,330 dollars he pays a month.

The rapper also states his monthly income to $183K but he says after his expenses he only has $76K left. 50 Cent’s bankruptcy is still pending and his debt has yet to be discharged.

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