50 Cent sells his Connecticut mansion for a $15.5 million loss: Rapper finally offloads his property with 21 bedrooms, a grotto inspired by the Playboy mansion and its very own club for $3 million, and donates all the money to charity
Rapper 50 Cent sold his 21-bedroom, 25-bathroom Farmington, Connecticut mansion for $3 million – $15.5 million less than what he paid for it 12 years ago – and donated all $3 million to his G-Unity Foundation.
Rapper 50 Cent sold his 21-bedroom, 25-bathroom Farmington, Connecticut mansion for $3 million
Insiders close to the 43-year-old rapper told TMZ on Monday that he decided to forward the proceeds to his organization, which is focused on building the economy in low income communities via grants.
The In da Club rapper, whose real name is Curtis James Jackson III, initially paid $18.5 million for the property from its previous owner, Mike Tyson, in 2007.
Among the features of the house include a professional game room, a gymnasium, a luxe home theater, an infinity pool, a recording studio, a room with a green screen, a grotto inspired by the Playboy mansion, and a nightclub.
The Candy Shop rapper had made numerous attempts at selling the home – which is set over 17 acres – cutting his asking price on multiple occasions in his bid to move it.
Sold! 50 Cent, 43, donated $3 million to his G-Unity Foundation after selling his 21 bedroom, 25 bathroom Farmington, Connecticut mansion for $15.5 million less than what he paid for it 12 years agoParty like it’s your birthday: There’s no need to go for a night out on the town when you have your very own nightclub inside the propertyArt work of the rapper is seen covering the walls inside the mansion’s very own club completer with stripper poleSnake eyes: The home includes a litany of gaming amenities, including this craps tableMake a splash: The home features a wood paneled indoor pool and spa. The Candy Shop rapper had made numerous attempts at selling the home – cutting his asking price on multiple occasions in his bid to move itOne of the 21 bedrooms inside the home is seen above. The In da Club rapper, whose real name is Curtis James Jackson III, initially paid $18.5 million for the property from its previous owner, Mike Tyson, in 2007Catch a movie: The home has its very own movie theater as seen aboveWhat’s cooking: The huge kitchen is seen above which has plenty of storage and counter spaceSit back and relax: A living area is seen above which lets in plenty of natural lightOne of the homes 25 bathrooms are seen above. After a break in at the home in May of 2017, the P.I.M.P. performer took to Instagram, writing, ‘What my house got robbed . . . I thought I sold that MF. LOL’
In 2018, he sought the help of Million Dollar Listing New York’s Fredrik Eklund in attempting to sell the abode – which he hadn’t lived in for years.
After a break in at the home in May of 2017, the P.I.M.P. performer took to Instagram, writing, ‘What my house got robbed . . . I thought I sold that MF. LOL.’
He gave it to his ex-wife Monica Turner in a settlement in their split, and she subsequently sold it back to him at a price of $4.1 million in the fall of 2003, People reported.
Speaking with Oprah Winfrey in 2012, 50 Cent said buying the home from the boxing icon reminded him of the importance in watching where his money was going.
‘Mike earned over $400 million … he sold the property to me when he couldn’t keep it,’ the musical artist said. ‘So it keeps you conscious of it. I never understand how artists get in a great situation and then not have time to count money.
‘Like, I have plenty of time. I’ll sit down and count the money with the accountant.’
A grand entrance: Sweeping staircases welcome visitors inside the property which is set on 17 acres of landCatch some rays: The perfect place to relax is on a lounger by the home’s outdoor poolLuxe life: 50 Cent added features such as this infinity pool to the home after buying itPerfect place for a workout: The new owners can stay fit inside this spacious gymA games room as seen above offers the perfect place to practice shooting some hoopsA customized G Unit full-size basketball court is seen above where you can invite friends round for a gameIn there grounds of the home there is plenty of greenery and a water feature inside a large lakeTake a seat: A spacious dining area is seen above which makes the perfect place to host partiesLong and winding road: The Candy Shop rapper had made numerous attempts at selling the home – which is set over 17 acres – cutting his asking price on multiple occasions in his bid to move itThis aerial photo shows the sheer size of the property. It is surrounded by trees and it’s very own lakeA lion statue guards the gated entrance to the property which the rapper has tried to sell a number of times over the yearsKicks: The home has ample closet space, with racks for ornate footwear collections
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