July 14th, 2009 10:03 AM by Ron Mastrodonato
Rapper 50 Cent knows a thing or two about money management. The Queens native pulled in $170 million over the past two years--more than any other hip-hop artist--thanks to sales from his G-Unit empire and a lucrative investment in VitaminWater. But 50 has at least one high-priced weakness: home improvement.
In 2003, the rapper paid $4.7 million for a 19-bedroom, 35-bathroom, 50,000-square-foot home in Farmington, Conn. He then dished out $10 million for renovations including an entertainment system with 3,000 programmed movies, an ATV track and a room dedicated solely to shoes. But when it came time to sell, those amenities failed to spark interest. Fifty put the manse on the market for $18.5 million in 2007. It didn't sell for two years and was finally taken off in early June.