*Rapper 50 Cent has had to lower the asking price for his Connecticut compound yet again after filing for bankruptcy in the state this past summer.
50 Cent, whose real name is Curtis Jackson III, first asked for $18.5 million. The market looked at him like he was crazy, and he’s been periodically dropping it ever since. Today, he’s asking for $8.5 million.
It’s still more than twice the $4.1 million he paid for the 50,000-square-foot, 21-bedroom, 25-bathroom Farmington home in 2003. However, reports say he invested between $6 million to $10 million on renovations.
High-end residential real estate expert Rob Giuffria says “50 would have a better chance being a country music singer” than finding a buyer at $8.5 million.