50 Cent Donates Profits From Mansion Sale to Charity
50 Cent reportedly bought his 50,000-square-foot mansion in Farmington, Connecticut for $2.9 million {dollars}. In accordance to TMZ, the rap mogul is donating the cash to charitable trigger.
A supply informed the net outlet that the almost $three million payout will profit the G-Unity Basis, which was began by 50 and offers grants to nonprofit organizations working to enhance the standard of life in underserved communities in the USA.
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The 52-room house has been in the marketplace for greater than a decade. The current sale was 84 % lower than the $18.5 million the rapper deliberately listed it for in 2007, in accordance to the Wall Road Journal.
50 Cent purchased the house from Mike Tyson’s ex-wife, Monica Turner, for $4.1 million in 2003. He spent almost $6 million on renovations to the property, which included a nightclub and an in-home studio.
In January, he talked concerning the cons of proudly owning such a large house throughout an interview on The Late Present With Stephen Colbert.
“You realize whenever you look down the hallway in your own home and also you don’t wanna go down there?” the rapper joked. “You go, ‘I don’t care what’s happening down there, I don’t need to go over there.”
He added that issues would break as a result of they weren’t getting used. “You didn’t flip it on, now the sunshine is flickering.”
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