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50 Cent's Big Price Cut In Farmington

Filed under: Estates, Celebrity Shopping


It's been a big weekend for some of real estate's slow sellers. On Saturday we saw Nic Cage put his Bel-Air mansion on the market at a new lower price and now rapper 50 Cent is trying yet again to unload the pile of property in Farmington, Connecticut which he bought from Mike Tyson's ex-wife. Tyson's mansion has been nothing but a headache for Fiddy. He bought the home for $4.1 million (Tyson's ex originally wanted $25 million) and spent $6 million renovating it. He has been trying to sell the home since 2007 when he wanted $18.5 million for the property.

Earlier this year he settled a lawsuit against an engineering firm that he hired to inspect the 52-room home before he bought it. claiming they underestimated the value of the repairs needed. At that point the mansion, which was then listed at $14.5 million, was pulled off the market. But it's back up with a new listing agent and a new price of $10.9 million. The listing pics are similar to the ones we saw when we first had it as an estate of the day in 2007. Even with the new price he's going to have trouble getting rid of this home if only because not many buyers in the area will be looking for a home with a grotto and a nightclub.

[via NY Post]

50 Cent's $2 Million Night

Filed under: Wings, Celebrity Shopping

We've seen in the past that 50 Cent has lavish tastes, whether it is his Connecticut mansion, his Manhattan office or his chromed-out Lamborghini. Now the rapper is set to spend a whole lot of money in one night just to honor his commitment to appear at two award shows on the same night. It has been reported that he will spend $2 million on a six-mile journey through London to perform at both the Vodafone Live Music Awards in West London and the MOBO Awards at the O2 Arena in Greenwich. For the events is said to have booked three helicopters, a fleet of SUVs and a team of ex-special forces so that he can get to the MOBO awards in time and have a little room to spare for relaxation.

UPDATE: Looks like 50 Cent has pulled out of the MOBO awards and is canceling a bunch of tour dates in Europe. Is he following through on his promise to retire if Kanye West bested him in the charts or just looking to s save some cash?

[Thanks, Zachary!]

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