Saturday, September 15, 2012

50 Cent Dismisses Chris Lighty's Money Troubles, Says Violator 'Is Over'

'None of it made any sense to me,' 50 says of his manager's financial woes and suicide in Hot 97 interview.
By Rahman Dukes


50 Cent
Photo: WireImage

Despite 50 Cent's numerous rap battles during his successful career, the defiant MC now faces the biggest challenge of his life. Speaking publicly for the first time since the tragic passing of longtime manager and close friend Chris Lighty, 50 detailed the impact the superstar manager had on his professional career.

"I've worked with Chris the entire time," 50 Cent told radio station Hot 97 personality Angie Martinez and DJ Enuff. "Since the actual mixtape run. Everything."

Fiddy said he had a difficult time accepting that his good friend would take his own life.

"I actually can't wrap the idea around my head of him shooting himself," said 50. "I don't have all of the information, so I don't want to point or say anything other than what's being said publicly but I don't believe that. Just 'cause of my personal interactions with him, he never gave any indication that was even possible."

Will Chris Lighty's Death Lay Hip-Hop Feuds To Rest?

Immediately following the news of Lighty's passing, the New York Daily News reported that the manager to the stars was indebted $5 million dollars in taxes. Shortly after, the Associated Press revealed Lighty actually paid the majority of the debt with only an outstanding balance of $300,000.

But according to 50, Lighty had no financial difficulties at all.

"The first thing I see is he owes $5 million. And he doesn't owe $5 million," said 50. "I'm sure he doesn't actually owe $300,000, and he wasn't in a hurry to pay. It's not like vacation, and that there was a point vacation was being missed. That lifestyle is like 'Oh, I'll get to that when I get to that.' And away from that, when the $5 million bill was there, I gave him a million dollars. I loaned him a million dollars, and he paid me back, and the interest on that was another $200,000. So take that five, turn that into 6.2 and then it's down to 300,000 and there's no reason to do that over money. At that point you done took care of all of your bills. So none of it made any sense to me."

While there is no appropriate timing for such a tragic event, Fif said Lighty's death will impact the release of his new album.

"He pretty much put together the whole package of the marketing campaign," 50 revealed. "And now you have to bring additional people in. Even the building [Violator Management], it's not that it's not sufficient, but it's not been the way that we've done things in the past.

When asked how Violator will succeed, 50 simply stated, "That's over. To me that's over. There's nobody that can take that over."

50 Cent's fifth studio album "Street Immortal King" marks his first release in the post-Chris Lighty era. The record is scheduled to be released on November 13 with the first single "A New Day," featuring Alicia Keys currently on the airwaves.

Related Photos Related Artists

Source: http://feedproxy.google.com/~r/MTVNewsLatest/~3/XVAhTC6rwKE/50-cent-chrislighty-violator.jhtml

male celebrities celebrity videos Oprah Winfrey hot news

No comments:

Post a Comment