From multi-millionaire to being broke, 50 Cents story. He calls himself 50 Cent, but the hip-hop mogul says he may not be worth even that. The rapper known from the album and movie "Get Rich or Die Tryin", filed for bankruptcy protection Monday as he faced a hefty payout in a lawsuit related to a sex tape. In a document filed with a federal bankruptcy court, the rapper whose real name is Curtis James Jackson 111 listed both his assets and liabilities at between $ 10 million and $ 50 million. 50 Cent insisted in a published interview that he was " taking the precautions that any other good businessperson would take in this situation. " "Walt Disney has filed bankruptcy". It means you're reorganizing your finances, but it does stop things from moving forward that you don't want moving forward. " 50 Cent insisted that he did not want to be a "bull's eye" for someone with "astronomical claims" against him. Facing more penalties for sex tape. The bankruptcy filling, which would protect 50 Cent from paying creditors, came days after a jury ordered him to pay $5 million to a woman who appeared in a sex tape that went online in 2009. In the video, 50 Cent poses as his alter ego pimpin' Curly, sporting a wig and speaking in an artificially high voice, as he narrates the Florida woman's sexual encounter and mocks fellow rapper Rick Ross, who has a child with her. 50 Cent lawyer said that he was not reponsible and that Ross or Ross's associates released the video, in which the woman has sex with another man. But a new York jury sided with the woman, holding 50 Cent responsible for violating her civil rights and inflicting emotional distress.