How much money does 50 cents have?
This man knows what he’s rapping about. He never met his father, his mother was murdered when he was eight years old. As a young drug dealer, he was able to show a remarkable criminal record early on. Curtis Jackson , better known as 50 Cent, is the prototype gangsta rapper and rhymes firsthand. He is also a prime example of how even such an image can still be successfully marketed. The fortune of 50 Cent is currently only a “measurable” 25 million eurohttps . But how much did he once have in his account?
But he is also a skilled entrepreneur and has invested in several profitable companies. All fields of activity added together, 50 Cent had assets of 237 million euros . Alone 100 million dollars resulted from the cooperation with Glacéau and subsequent sale to Coca Cola. This ranked the artist sixth on the list of the richest rappers behind Dr. Dre , Diddy , Jay-Z , Master P and Russel Simmons. Bushido tops the list for German rappers .
He is currently enjoying great success in the USA as a producer of the Starz series “Power”. Starz would like to produce more series with the rapper in the future and is said to be paying 8-digit sums for it.
50 Cent broke after publishing a sex video?
In America, 50 Cent has filed for personal bankruptcy. Shortly after being fined $5 million for publishing a Lavonia Leviston sex video. We think the rapper has wisely put his fortune aside and wants to avoid paying the $5 million. At the beginning of the year, interpreting a fortune of 110 million euros as if you only had 15 million in possessions (cars, real estate, etc.) is a bit too far-fetched for us. But we will continue to report. An Instagram post with a bunch of $100 bills confirms our suspicion that something isn’t quite here.
The later 50 Cent was born as Curtis James Jackson III on July 6, 1975 in the New York borough of Queens. Jackson was raised by his grandparents after his mother was murdered during a burglary. Already at the age of 12 he started a career as a drug dealer, various prison stays were the receipt. Jackson also owes his stage name 50 Cent to the criminal milieu. The musician chose the name based on Kelvin Martin. Martin was a well-known criminal in Brooklyn in the 1980s and went by the nickname 50 Cent.
First experiences as a rapper
50 Cent began rapping in the mid-1990s, and in 1996 he was taken under the wing of Run DMC’s Jam Master Jay. Jay taught the aspiring rapper basic musical skills and signed him to his label, Jam Master Jay Records. In 2000, 50 Cent’s debut album, Power of the Dollar, was due out on Columbia Records. In fact, it was never released, instead the recordings circulated for years as a bootleg. In the run-up to the release, the musician was injured in a shootout, after which Columbia canceled the record deal due to negative publicity.
Released on an independent label in 2002, Guess Who’s Back? caught the attention of hip-hop star Eminem. An invitation to Los Angeles followed, where 50 Cent also met the producer Dr. Dre made. Outcome of meeting Eminem and Dr. Dre: A $1 million record deal, 50 Cent was featured on Eminem’s 8 Mile soundtrack with the single “Wanksta.”
The follow-up album Get Rich or Die Tryin’ was released on February 6, 2003 on both Eminem’s Shady Records and Dr. Dres label Aftermath Entertainment released. With 15 million units sold worldwide, it was the final breakthrough for 50 Cent. It received a gold record in Germany, and sales figures of over 6 million were honored with 6 platinum awards in the USA. Four more studio albums were released between 2005 and 2014, but “Get Rich or Die Tryin'” remains 50 Cent’s biggest hit to date. In addition to his solo career, he runs another musical project with G-Unit.
50 cents as an entrepreneur
Despite its initially negative image, 50 Cent acted as a successful entrepreneur early on. The aforementioned G-Unit plays a role as part of its own marketing. The umbrella brand combines a clothing line for streetwear, a record label and a deal with the sports shoe manufacturer Reebok. “Freedom means investing in your own ideas.” This is what 50 Cent said in an interview with the business magazine Forbes. His various business activities show how much he has internalized the phrase.
In 2004, Reebok presented two sneaker models, “GXT” and “G-Unit”, for which 50 Cent and its G-Unit were the inspiration. According to the New York Times, the five-year contract paid off for the namesake by the end of 2004 with 20 million dollars.
A collaboration with the mobile company Zingy brought ringtones, mailbox announcements and pictures of 50 Cent to the mobile phones of its fans. The Spoken Ringtones – “Ay yo what’s up, yo this is the kid, 50 Cent man. Stop playin’, you better answer!” – each sold for $2.99.
G Unit Clothing Company
In 2003, 50 Cent founded the G-Unit Clothing Company with designer Marc Ecko. At the end of 2004, annual streetwear production sales were estimated at $44 million.
Glaceau – Vitamin Water
After appearing in a Reebok commercial featuring a Glacéau vitamin water, 50 Cent was contacted by the beverage company and recruited to market the trend drink. The result of the negotiations was a new water based on 50 Cent called “Formula 50”. In 2007, the Coca Cola Company bought Glacéau for $4.1 billion. The sale was also worthwhile for 50 cents – he had a 10 percent stake in Glacéau.
As it became known in July 2017, 50 is said to have sold a large stake in the “Effen” vodka brand. The American media speak of an income of around 60 million US dollars. We are not yet completely convinced whether this is actually true and will keep you posted.