The Hip Hop mogul from Queens downplayed his baller lifestyle while testifying in court yesterday during a the online sex tape hearing

Curtis Jackson aka 50 Cent testified in a Manhattan courtroom yesterday that his gaudy jewelry and luxury cars are all for show.

According to 50, who was listed by Forbes Magazine as one of the top five richest Hip Hop artists with a net worth of $155 million, all of the diamonds and Ferraris are loan outs that have to be returned.

“I take all of the jewelry and cars back to the stores.”

Jackson was ordered to pay $5 million to Rick Ross‘ child’s mother, of whom Fif released an explicit sex romp with a former boyfriend. Jackson’s lawyer vehemently declares that his client is only worth $4.4 million dollars, which prompted his recent bankruptcy declaration.

When the judge asked the multi platinum recording artist about selling 38 million records, 50 replied,

“I only make 10 cents a record.”

This further reinforces the idea that Hip Hop, like all other forms of music and art, are just entertainment.

TheSource.com will bring you an update on this story as it develops.

-Sha Be Allah(@KingPenStatus)