50 Cent Doesn’t Want to Live in a Big House for a Relatable Reason
Curtis ’50 Cent’ Jackson made millions in the early 2000s as a hip-hop phenom. In more recent years, he’s focused on the business side of the entertainment world. The 49-year-old has earned plenty of money and even once had a flashy mansion in Connecticut to show for it. While he is still expanding his real estate empire, he prefers much simpler abodes now. 50 Cent once admitted he hates big houses after living in his Connecticut compound. The reason why is entirely relatable.
50 Cent hated his house in Connecticut
After making it big in the music world, 50 Cent gave up his budget apartment and laid down more than $4 million to buy a 55,000-square-foot, 52-room mansion in Farmington, Connecticut. The mansion, which once belonged to Mike Tyson, offered the rapper plenty of luxury. It came complete with 10K gold chandeliers and six kitchens. As it turns out, he didn’t really like it.
During an appearance on The Late Show with Stephen Colbert, 50 Cent revealed that he no longer wants a big house because looking down the hallway of his 55,000-square-foot property made him not want to go down there. While the rapper didn’t say it, it was clear from the look on his face that the long, dark hallways gave him the creeps. Most people can’t relate to owning a 55,000-square-foot property, but most have felt uncomfortable staring down a long, dark hallway.
While 50 Cent owned the home for several years, the investment didn’t pay off. He listed it for over $18 million in 2007. After over a decade of no offers, he sold the house in 2019 for under $3 million, losing over $1 million on the deal.
50 Cent has made more focused real estate purchases recently
50 Cent has spoken out about how fame came quickly for him, leaving him feeling a bit disoriented and confused. During an appearance on Million Dollar Listing, the rapper revealed that he bought his sprawling Connecticut compound because he had plenty of money and no bills.
He explained that his manager told him to put money into real estate. The suggestion came after he returned home from a concert tour to an $800-per-month rented apartment. He opted to put his money in the sprawling estate located two hours north of where he grew up.
The $4.1 million purchase took place in 2003. He has since offloaded it and is entirely sour to living in a massive property again. That doesn’t mean he’s against investing in real estate, though. 50 Cent has spent plenty of money investing in properties in Shreveport, Louisiana. Last year, the rapper expanded his music and television studios to the city. He has gobbled up additional properties in the struggling Louisiana city since. The music mogul, born and raised in New York, hasn’t explained his attachment to Shreveport. Still, he spent millions buying buildings and vacant lots in 2024.
