'I thought 50 Cent was rich, no?' is the first thing that came to my mind when I saw this headline floating around the web. Turns out, he's really filed for Chapter 11 bankruptcy today after recently being praised for his business intelligence by the New York Times.

The Times called him a Renaissance man. But today, he filed for bankruptcy.

In May alone this year, he was estimated to have a worth of $155 million and was ranked fourth on Forbes' wealthiest hip-hop artist list.

And then, he's now filing for bankruptcy. Doesn't make sense. This morning, Jackson listed his assets on a chapter 11 bankruptcy form as being worth between $10-50 million and reported likewise numbers in liabilities.

Then there was this video of him from 3 years ago..