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But it was needs must for the heavyweight boxing legend and in came rapper 50 Cent who bought it from him for $4.4m the same year it was revealed he blew his fortune. The buyer is reported to be Casey Askar, a Florida businessman with brands like Papa Romano's, Papa's Pizza To-Go, Blackjack Pizza and more to his name. But we’re sure local insiders will pick up on the sale when Fifty does close on a new Texas property — and we’ll make sure to keep you updated. We don’t know what house he ended up buying in the area, or whether he’s currently renting a home here. And Texas’s secretive ‘non-disclosure’ laws don’t leave us much room to investigate further and comb property records. It’s been quite a few years since Curtis Jackson aka 50 Cent sold the Connecticut house he bought from Mike Tyson.
The transaction set a record for the most expensive home sale in Farmington.
In 2017, the home was burgled and was dubbed by the media that ‘50 Cent’s home was robbed’. The rapper laughed off the headlines, and even tweeted, ‘What my house got robbed, I thought I sold that MF. During an appearance on an episode of Million Dollar Listing New York in mid-2018, Jackson initially decided to pull his house off the market and even suggested the idea of donating the mansion itself to his foundation. Now that the home has been sold, the rapper plans to donate his money to the G-Unity Foundation — which he founded in 2003 — according to The Vibe.
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In an additional statement to Fox News Digital, Shreveport Mayor Tom Arceneaux said the city is "thrilled" to be the home of the new studio. "From the gritty narratives of the streets to the compelling stories that define our era, G-Unit has always been more than just entertainment; it’s a platform for voices that need to be heard, stories that need to be told," he continued. Unlock exclusive, VIP Only access to the latest news, offers, contests, events, and more.
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There are outdoor and indoor basketball courts that complete the recreational feel to the property. It took 12 years and a total price cut of 84 percent, but 50 Cent's massive 52-room mansion in Connecticut has finally found a buyer. And The Wall Street Journal reports that the buyer in question got an incredible deal on the property, which was originally listed 12 years ago at $18.5 million, paying just $2.9 million in the deal. In 2015, 50 Cent posted a photo to his social media pages which showed a giant home located in Africa, which was complete with a pool and large balcony. He claimed that the mansion was his, but when he filed for bankruptcy and during the court rulings, it came to light that he actually never even owned a home in Africa at all.
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Sitting on 17.6 acres, the grounds of the mansion include a pool, grotto, pond, basketball court, guesthouses and gardens. The home is located in Jennifer Leahy of Douglas Elliman brokered the sale of the mansion. 50 Cent bought the 51,657 square foot home in Farmington, Connecticut, from former boxer Mike Tyson in 2003.
The floors appear to be made from marble.
As a result, some parents are unable to send their children to their local state school. When the cap was introduced, it was argued that it would stop the proliferation of hardline religious schools. However, ministers feel that the cap has had little impact and instead had the undesired effect of preventing Catholic schools from expanding.
The home also comes with an outdoor basketball court ...
After 12 years of being on the housing market, 50 Cent (born Curtis Jackson) has sold his 21-bedroom mansion to an undisclosed buyer. 50 Cent has been trying to sell his 52-room mansion in Connecticut for 12 years. Now he finally has — at an 84% price cut, The Wall Street Journal reported on Monday. According to media reports, the sale proceeds were donated to the G-Unity Foundation — an American nonprofit public foundation established by rapper 50 Cent himself along with his group, G-Unit.
Rapper 50 Cent sells massive Connecticut mansion for almost $16 million less than he originally asked
50 Cent entered into an agreement with the City of Shreveport to lease the city-owned production studio at 300 Douglas Street for 30 years at a yearly rate of $2,400. Mayor Tom Arceneaux declared April 18, Curtis "50 Cent" Jackson day as well as gave him the key to the city. This is the first public presentation of a key that the mayor has made. These court proceedings are pretty significant as they affect the involved parties and could set a precedent concerning how exemption laws are applied in cases of employee embezzlement and fraud. They posit that such properties should not be included in Green’s bankruptcy estate as they rightfully belong to Sire Spirits.
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Far off to the side, there's a huge basketball court that has 50 Cent's team name printed on it. Next to that, a pond sits in the middle of the area with a water spout feature. Sitting along the pond is a guest house overlooking the water away from the main house.
In addition, the property boasts a night club space, an indoor basketball court, multiple game rooms, a green screen room, a recording studio, a full gym, a conference room and a home theater. He’s a tough one to nail down and his current home is unknown (yes, even we couldn’t find it!), but we do know the scoop on his former mansion in Connecticut. It's got 19 bedrooms and 25 bathrooms, plus other amenities like a swimming pool and hot tub, a few game rooms, a small studio complete with green screen, a recording studio, and even a private nightclub and "adult entertainment room."
"It would be interesting to have programs where we could escape the cities and kids from the inner cities to go out and just be creative, to kind of hone in, you know, on the arts and stuff like that," 50 Cent said in the episode. "They'll be able to use the recording studio and the fitness areas, the pools, everything. It'll be a cool summer camp house." Despite its vast size and many amenities – which also included a strip club-like room complete with stage and stripper poles – the house did not sell. 50 Cent told Eklund he would pull the home off the market and use it for his G-Unity Foundation. In addition to the master bedrooms and the bathrooms, the mansion has high ceilings with large windows in every room. Most of the walls are painted white in the foyer and have dark wood features sprinkled throughout the entrance, according to Business Insider.
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