50 Cent

Curtis James Jackson III known by his stage name 50 Cent started off his career in the music industry in the 90’s. However, he soon became a fan favorite and has sold over 30 million albums worldwide. 50 Cent has not limited himself to the world of music and tried his hands at television as well.

Just like some rappers, 50 Cent is into different business ventures, including real estate and fashion. 50 Cent has written a few books too that discuss his life, self-help, bullying and offers advice on running a successful business. Some of the examples include “From Pieces To Weight”, “Playground” and “Hustle Harder, Hustle Smarter”.

What is 50 Cent’s Net Worth? 

Despite massive income and success, 50 Cent’s net worth is estimated to be $40 million 

50 Cent throughout his career made a significant amount of wealth through the music industry and smart investments. Although he lost a majority of that chunk in a lavish lifestyle and legal battle. Previously he had $100 million but later he filed for Chapter 11 (U.S. Courts) bankruptcy in 2015. However, times changed for 50 Cent and he bounced back stronger.

Today he might not have the same amount of money but still more than what most in this world won’t make in their lifetimes. As per some reports, 50 Cent makes close to $900,000 to $1 million per show which is a lot of money. 50 Cent received $1 million in advance for his first album which speaks volumes of his talent. Just last year, 50 Cent’s Final Lap Tour sold more than $100 million worth of tickets.

50 Cent invested in Sire Spirits, a wine and spirits company that collaborated with NBA teams like Houston Rockets and Indiana Pacers. 50 Cent also made a huge chunk of money from various brand endorsements deals including majors like Reebok and Vitaminwater. 50 Cent revealed that he made close to a mammoth $80 million during his tenure of his deal with Reebok.

Similarly, he made $100 million from his deal with Vitaminwater. 50 Cent also made money from his acting career. He acted in films like Get Rich or Die Trying, Righteous Kill, Spy and even Escape Plan. He claimed to make $10 million per film. 50 Cents successful business ventures include Formula 50 energy drink, SMS Audio and G-Unit Clothing. He has also invested in boxing promotion company SMS Promotions. 

What is 50 Cent’s claim to fame? 

50 Cent’s childhood was rough in all aspects but that didn’t stop him from becoming a successful artist and entrepreneur. Let's have a look at the series of events that raised him to fame. 

• Releasing, “Guess Who’s Back?”: After being blacklisted in the United States music industry, 50 cent traveled to Canada and released his mixtape in 2002. So, times changed for 50 cent and his mixtape impressed none other than Eminem himself.
• Coming back to LA: Upon Eminem’s invitation, 50 Cent came back and met Dr. Dre. He signed a $1 million deal and released “No Mercy, No Fear”. To add to this success, Eminem’s movie 8 Mile had 50 Cent’s song in it.
• Change of fortunes in 2003: 50 Cent became a recognizable name in the music industry with the release of his debut album in 2003. The first album “Get Rich or Die Tryin” became super popular, reaching number 1 on the Billboard charts, and selling 1 million copies in the first four days itself.
• In Da Club breaks records: 50 Cent’s lead single, “In Da Club” became the most heard song in radio history. It has also become his first RIAA diamond-certified song.
• Birth of G-Unit Records: Founded in 2003 by 50 Cent and operated by Interscope Records and released his new album in 2005, “The Massacre”. As expected it was a massive hit, selling 1.14 million copies in the first four days and held the number one spot on the Billboard for six weeks which is no small feat.
• Acting in movies: After gaining success with multiple album releases, he tried his hands at acting too. He was seen in multiple movies like Get Rich or Die Tryin, Home of the Brave, Righteous Kill, Before I Self Destruct, Streets of Blood, Dead Man Running, Gun, Twelve, Blood Out and the Escape Plan to name a few.
• Bankruptcy Filing: In 2015, 50 Cent filed for bankruptcy protection as he was ordered to pay $5 million in damages caused to Lavonia Leviston for sharing her intimate video and causing emotional distress. He even lost millions in a legal infringement case with a headphone company.

Despite his downfall in 2015, he bounced back stronger and regained a significant amount of wealth via different business ventures and smart investments. 

What businesses does 50 Cent own? 

Well, 50 Cent owns multiple businesses that have aided him to reach a net worth of $40 million. He has also made some wise investments that benefit him in many ways. Some of his ventures are mentioned below: 

• Sire Spirits: Founded in 2014 by 50 Cent, this liquor company is known for its champagne and Cognac brands. As per some reports its annual revenue is between $1M - $5M. However, the company is currently involved in a legal fight that nearly shut it down but 50 Cent is defending it to the best of his efforts.
• SMS Audio: Founded in 2011, the company acquired Kono audio in the same year. It manufactures headphones. However, in a legal battle a judge told 50 Cent to pay $16 million in damages to a competitor brand for stealing design secrets.
• Cheetah Vision: It’s a film production company founded by 50 Cent in 2009. It produced action thrillers for foreign markets globally. Cheetah Vision’s first film was Before I Self Destruct. The company had signed a $200 million contract for a 10-movie deal with Lionsgate. However, the company is not operational anymore.
• G-Unit Clothing: G-Unit Clothing was founded by 50 Cent and Mark Echo in 2003. With multiple products in the clothing and accessories lineup, the brand has generated over $100 million in retail sales since its inception. 

What brands has 50 Cent endorsed

50 Cent has endorsed and invested in some major brands. So, despite his downfall in 2015, 50 Cent has recovered quite well via his business ventures and smart investments. Here are some of the examples: 

• Effen Vodka: In 2014, 50 Cent became a minority stakeholder in Effen Vodka, a Dutch vodka brand, and has even promoted the same.
• Vitamin Water: In 2004, 50 Cent became a minority stakeholder and endorsed Glaceau and Vitamin Water. He even created his own custom flavor, called Formula 50. When the Glaceau group was acquired by Coca-Cola in 2007, 50 Cent raked in $100 million from the deal. 
• Reebok: 50 Cent’s partnership was mutually beneficial for both parties. Reebok’s sale of custom sneakers increased, and 50 Cent made close to $80 million from the deal. 

Besides, 50 Cent has also collaborated with other brands like Marvel, Right Guard, Tempur-Pedic, and some more. Surely, a savvy businessman everyone should learn from.

How does 50 Cent spend his millions?

Being a millionaire, 50 Cent spends lavishly on stuff like real estate, jewelry, watch collection, and of course car collection. He once claimed that he spent $5 million on Rolex. He also owns Audemars Piguet Royal Oak Chandelier and Rose Gold watches worth $236,000 and $200,000, respectively.

He also owns the RM 57-01 Tourbillon Jackie Chan costing $1.2 million. Coming to jewelry, he owns a diamond “50” pendant worth $50,000. Adding to his collection is a Green Light Gang diamond necklace costing $750,000. To celebrate his son Sire, he made a custom diamond necklace with his name and that cost him $50,000. 

How many houses does 50 Cent own? 

50 Cent owns some of the most expensive and beautiful real estate that one could only dream of. Here is the list of his most luxurious and known properties: 

• Queens’ Childhood House: Despite being a bigshot in every aspect, 50 Cent still feels for his childhood memories. To keep them alive he bought his childhood home in Jamaica, Queens for an undisclosed amount.
• Atlanta Mansion: 50 Cent owns a massive mansion in Atlanta with modern architecture and luxurious interiors. It surely suits 50 Cent’s bold lifestyle.
• Houston Villa: 50 Cent announced in an Instagram post that he’s moving to Houston. The stunning villa in Houston is said to have Mediterranean aesthetics with massive living space.
• Hollywood Hills Home: Just like other successful celebrities, 50 Cent also owns a lavish LA home. Its contemporary build offers panoramic views of the beautiful city.
• Shreveport Properties: 50 Cent’s most recent real estate purchase comes in the form of multiple Shreveport properties. As per reports, 50 Cent spent nearly $2,398,122 for buying around 8 different properties in the city's downtown area. 

How many cars and other high-end vehicles does 50 Cent own? 

Well, 50 Cent had affirmed that he’s almost had all the cars he desired, and his car collection speaks volumes of it. Here is the list of some of the beauties on four wheels in 50 Cent’s garage. 

• Bugatti Chiron: What’s a millionaire without a Bugatti in his collection? So, this French beauty is a beast too, with the claim of being one of the fastest cars on the face of the planet. 50 Cent spent $3.2 million for this hypercar in 2020.
• Custom Lamborghini Aventador: 50 Cent clearly showcased his love for his custom Aventador. This prime example boasts a Versace blue and yellow wrap, looking unlike any other car in his collection. Being a custom, the price tag would be much higher than the standard version.
• Maserati MC12: The Italian masterpiece is worthy of a museum. It’s fast, sleek, and expensive. With a price tag of $2.4 million, it is one of the most rare units of the FIA GT Championship car. He owns one in white with blue accents.
• Ferrari Enzo: Named after the founder of the legendary carmaker, Ferrari Enzo can be worth anywhere from $1 million to $1.5 million. He owns one in signature red color, as seen on his social media accounts.
• White Lightning Jet Car: The White Lightning Jet Car is unlike any other car you see on the road. Created by Parker Brothers Concepts for a whopping $1.5 million, this car looks like a hybrid of a Formula 1 car and lunar module.

Private Jet 

• Hawker 400 XP Private Jet: 50 Cent shared a video with his fans, making it clear that he owns a Hawker 400 XP N424SK private jet. It features a customized interior with beige leather seats and can carry up to eight passengers. Currently, it’s not clear whether he still owns it or not. However, recently, when flying with his son Sire or even solo, he prefers to use charter airline service in an Embraer Legacy 650 jet. IT can carry up to 13 passengers. 

What are 50 Cent’s charitable contributions? 

50 Cent believes in giving back to the community in multiple ways. Here are some of the causes that he supports in making a difference: 

• G-Unity Foundation: The G-Unity Foundation helps the hungry, poverty-ridden communities. The $2.9 million received from the sale of his Farmington property was donated to this foundation.
• LIFEbeat: 50 Cent has been associated with the LIFEbeat charity for empowering the underprivileged.
• Motion Picture and Television Fund Foundation: 50 Cent was selected for one of the positions of governor within the foundation that offers affordable health and social services to the retired members within the entertainment industry.
• New York Restoration Project: The Baisley Park Community Garden was transformed into the Curtis “50 Cent” Jackson Community Garden with overwhelming support from the G-Unity Foundation.
• Orca Network: 50 Cent has been associated with this foundation that works to raise awareness about the need for safe and healthy habitats for the whales of the Pacific Northwest. 

What’s next for 50 Cent? 

With his recent purchase of multiple properties at Shreveport, 50 Cent announced that the G-Dome will be a permanent fixture in the future. On the recent successful completion of 50 Cent’s Humor and Harmony festival in Shreveport, 50 Cent paid $500,000 to cover the cost of law enforcement. 

Besides the recent launch of the Power series, he plans to work on new shows outside the Power universe. 50 Cent will continue to make new music for his fans and continue to venture into the entertainment industry while focusing on different charity endeavors as well. 

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