50 Cent sells giant Connecticut mansion after 12 years at a loss of 84%

50 Cent’s enormous Connecticut home sold after 12 years, but not for his initial asking price.

For almost ten years, the rapper—real name: Curtis Jackson—tried to sell the fifty-room mansion, cutting the asking price from $18.5 million. According to PEOPLE, millionaire listing New York celebrity Fredrik Eklund of Douglas Elliman listed the house for $4.995 million in January 2018. Furthermore, it was rented for $100,000 a month.

The Wall Street Journal reported that he sold the home for $2.9 m, 84% below the initial listed price. Douglas Elliman’s Jennifer Leahy negotiated.

The rapper “Get Rich or Die Tryin'” will not receive a dime 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.

The description says the opulent mansion has 19 bedrooms, 25 bathrooms, an indoor pool and Һоt tub, and a “substantial” night club. The 50,000-square-foot building has several game rooms, a green-screen room, a recording studio, a gym, and a home theater.

The palace occupies 17 acres. The land has a pool, pond with fountain, basketball court, guesthouses, gardens, and a Playboy mansion-style grotto. In 2007, PEOPLE stated the listing included a 40-person Һоt tub.

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.

The 1985-build’s original owner was imprisoned for embezzling ms from business backers. A bank bought the house back at a foreclosure auction and sold it to a Lithuanian businessman who went bankrupt a year later.

Mike Tyson bought it next and sold it for $22 m in 1996. After six years on the market, his second wife, Monica Turner, received it in their divorce settlement. She sold the mansion to Jackson for $4.1 m in 2003.