The 40-year-old musician, whose real name is Curtis Jackson, revealed his monthly expenses and income in new documents filed Monday in Connecticut and obtained by ABC News.
According to the documents, 50 Cent has a monthly income of about $185,000, mostly from royalties and interest on his investments. But his monthly expenses total $108,000, including $67,000 a month to maintain his 50-room Farmington, Connecticut, mansion, which he valued at $8.25 million, the documents say.
The rapper-turned-actor filed for Chapter 11 bankruptcy last month after a jury in New York City ordered him to pay $7 million to Lastonia Leviston, who said he posted online a sex tape she made with a boyfriend. 50 Cent is currently appealing the ruling.
During testimony in the Leviston case, Jackson denied having a lavish lifestyle.
But the new bankruptcy filings show he owns seven cars, including a 2010 Rolls Royce and three Chevy Suburbans. The documents list a total of $24.8 million in assets and $32.5 million in liabilities.
In addition to thousands in legal fees, the rapper owes his stylist, Erin McSherry, $5,245.
The documents also show that he gives $14,600 per month to support two kids and a grandparent.
The "Get Rich or Die Tryin'" rapper, who appears in the movie "South Paw" opposite Jake Gyllenhaal, is due back in bankruptcy court Wednesday.
50 Cent's camp did not immediately respond to calls and emails for comment.