50 Cent’s Net Worth

What is 50 Cent’s Net Worth?

Net Worth:$40 Million
Profession:Rapper
Age:47
Country:United States of America
Born:July 6, 1975
Salary:$5 Million (Annual)
Last Updated2022

50 Cent is an American rapper, actor, songwriter, and entrepreneur has a net worth of $40 million. His debut album ‘Get Rich Or Die Trying’ was a game-changer in the industry, and the $1 million agreement he made to produce it with Dr. Dre and Eminem.

50 Cent has made nearly $260 million from his numerous ventures, including album sales, touring, and multiple brand partnership deals. Nevertheless, he has overspent on real estate, automobiles, and litigation, leading to his bankruptcy filing in 2015. 50 Cent’s net worth peaked at over $100 million prior to his bankruptcy.

He’s been dubbed a “master of the delicate art of lyrical brevity” for his contributions to the hip-hop business. 50 Cent has marketed roughly 30 million records worldwide and received a Grammy Award, 6 World Music Awards, 13 Billboard Music Awards, 4 BET Awards, and 3 American Music Awards.

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Early Life

Curtis James Jackson III was born in the New York City borough of Queens on July 6, 1975, and was raised in the South Jamaica neighborhood by his mother Sabrina. Jackson’s mother died in a fire when he was eight years old. Jackson was reared by his grandma when his mother passed away.

When he was 14, a neighbor launched a boxing gym for neighborhood kids. “I was competitive in the ring, and hip-hop is competitive as well,” he remarked. During elementary school, he sold crack. He started peddling drugs after school when he was 12 years old. He was jailed in 10th grade after he was detected by metal detectors at his high school trying to bring in a gun and drug money.

He was arrested again in 1994 for selling cocaine to an undercover police officer, and he was detained again when a police patrol of his home turned up and found heroin, crack cocaine, and a pistol. He completed a six-month boot camp and received his GED.

Career and Rise to Popularity

In the year 2000, 50 Cent was shot and taken to a hospital. When he was shot, he was preparing to release “Thug Love,” a record he co-wrote with Destiny’s Child. 50 Cent received injuries to his hand, arm, hip, both legs, chest, and left cheek. A gunman had ambushed him outside his grandmother’s Queens home. Three weeks later, the assailant was dead. For 13 days, 50 Cent was hospitalized. His mixtape “Guess Who’s Back?” was dropped in 2002.

Columbia Records has given 50 Cent a publishing contract. When he tried to release the track “Ghetto Qu’ran,” however, he was dismissed by Columbia.

In 2002, Eminem stumbled onto Jackson. “Guess Who’s Back?” left Eminem so pleased that he urged Jackson to visit Dr. Dre in Los Angeles. “No Mercy, No Fear” was dropped after 50 Cent inked a $1 million deal with a record label. A 50 Cent song appeared on the album of Eminem’s film “8 Mile.”

With his debut album “Get Rich or Die Trying” in 2003, 50 Cent became a worldwide sensation. It launched at No. 1 on the Billboard charts and sold nearly a million units in its first 4 days of release. The lead track, “In Da Club,” broke the record for the most-played track in radio history in just one week. Interscope soon granted 50 his own label, G-Unit Records. Jackson’s next album, “The Massacre,” was dropped in 2005.

“Curtis,” his third album, peaked at No. 2 on the Billboard 200 in 2007. In 2009, the fourth album, “Before I Self Destruct,” was released. Differences of opinion with his record label forced him to postpone the release of his fifth album, “Street King Immortal,” to 2012. His studio albums have marketed over 21 million copies to date.

In 2017, Interscope Records dropped 50 Cent’s final album, Best Of, which was a biggest hits collection. The Universal fire in 2008 ruined the work of various artists, including 50 Cent.

50 Cent Net Worth

Curtis Jackson relocated to Houston for reduced taxes, no income tax, the rapper culture, and other endeavors including screenwriting. In addition, while producing screenplays for new crime shows, Jackson, Horizon United Group, and Houston Independent School District formed a collaboration to assist high schoolers to understand the business fundamentals that characterize sustainable and profitable business.

Pop Smoke’s Shoot for the Stars Aim for the Moon will be released in 2020, and it was produced by Curtis Jackson. He will star in the forthcoming Expendables film in 2021, according to reports. 50 Cent made an unexpected appearance at the Super Bowl LVI Halftime Show in 2022.

Other Ventures and Investments

In his brief moment in the limelight, 50 Cent has formed the G-Unit record label, established the G-Unit apparel line, and even starred in multiple films alongside giants such as Al Pacino and Robert Deniro. In 2012, he founded The Money Team, a boxing marketing organization.

Vitamin water

When 50 Cent secured a minority share in Vitamin Water, he made his most genius financial decision. Vitamin Water was purchased for $4.1 billion by Coca-Cola from Glaceau. 50 Cent made nearly ten times as much money as he had ever made rapping as a result of this. He made $100-$150 million upon the deal before taxes.

Effen Vodka

For $60 million, 50 Cent marketed his Effen Vodka share. The number was reported by DJ Envy, but no source or confirmation was provided. 50 Cent confirmed the contract on Instagram, although he didn’t reveal his net worth.

Starz

In 2018, 50 Cent inked a four-year deal with Starz, the cable network that airs his drama “Power.” If all of the agreed-upon criteria are met, the arrangement, which comprises a three-series guarantee, may be valued at $150 million.

Personal Life

Jackson’s former girlfriend Shaniqua Tompkins, gave birth to a kid, Marquise Jackson. Tompkins later filed a $50 million lawsuit against Jackson, saying that he promised to take care of her for life, but it was dropped later. In several instances, they both have feuded over social sites.

Daphne Joy, a model, who was Jackson’s girlfriend had his second son, Sire Jackson. Sire began modeling for Kidz Safe, a children’s headphone company, when he was two years old, generating $700,000 from his contract.

After fellow rapper Kanye West chastised President George W. Bush for his sluggish reaction to Hurricane Katrina, 50 rallied behind him in 2005. In 2008, Jackson backed Barack Obama, and in 2016, he backed Hillary Clinton. Jackson does not use drugs or drink alcohol, despite the content of several of his tracks.

Due to his distaste for Joe Biden’s tax ideas, he endorsed Donald Trump in 2020. He rescinded his endorsement a week after, writing on Twitter, “Fu*k Donald Trump, I never liked him,” and endorsing Biden instead.

50 Cent Net Worth and Income

Legal Issues

In 1994, Jackson was charged with selling four packets of cocaine to an undercover detective. He claims that he does not use cocaine. Despite the fact that Jackson was condemned to three to nine years in jail, he spent six months in a boot camp earning his high school diploma.

In 2002, Jackson was arrested along with four members of his entourage. In a parked automobile, cops discovered a.25 caliber handgun and a.45 caliber pistol. Two counts of illicit weapon possession have been filed against the rapper.

After being hit by a water bottle, Jackson was accused of 3 charges of assault and battery. In 2005, Jackson received a two-year probationary term for an altercation at the MTV Video Music Awards in Los Angeles in 2004.

Bankruptcy Filing

50 Cent filed for Chapter 11 bankruptcy protection in 2015. 50 was residing in Mike Tyson’s old mansion at 50 Poplar Hill Dr, Farmington, CT 06032 at the period of the petition. The filing came just days after a jury ordered 50 to pay Lavonia Leviston, Rick Ross’ ex-girlfriend, $5 million in damages for knowingly leaking a sex tape in which she was involved.

Lawsuits

Jackson sued an advertising company for allegedly endangering his safety by utilizing his image in a commercial. “Shoot the rapper and you will win $5000 or 5 ringtones guaranteed,” the ad said, with a cartoon image of the rapper.

Despite the fact that the advertisement did not include his name, the image purportedly resembled him and implied that he approved of the goods. Jackson asked for specified civil sanctions and a permanent injunction preventing the use of his image without his authorization.

Jackson filed a lawsuit against Taco Bell in 2008 over a marketing campaign. He had been asked to modify his name to 79 Cent, 89 Cent, or 99 Cent by Taco Bell. They agreed to make a $10,000 charitable donation of his choosing. The dispute was resolved without the need for a court appearance. Brandon Parrott authorized Dr. Dre and 50 Cent the privileges to “Bamba” for the track “P.I.M.P.” in 2016, according to a judge.

Civil and Criminal Issues

In 2008, a fire broke out in one of Michael Jackson’s New York properties. In a Los Angeles County court in 2013, Jackson pleaded not guilty to one charge of domestic abuse and 4 charges of vandalism.

He may face up to five years in prison and a $46,000 penalty if guilty of all charges. Daphne Joy, a model, and actress, charged Jackson with kicking her and ransacking her bedroom during an altercation at her Los Angeles condo, inflicting $7,100 in the destruction of property when fleeing before cops came.

Because of Instagram posts, he posted over many months, a judge has summoned Michael Jackson to court. Jackson was not completely transparent about his finances, according to the judge, who pointed to pictures of the artist holding heaps of cash.

Jackson announced in 2016 that he would stop using Insta and instead have his user profile managed by anyone else. In the year 2021, actor Samuel L. Jackson will pass away. Jackson was involved in a viral video of him offering to pay for a Burger King restaurant in 2020, which stirred outrage. Later, he was caught and charged with Bitcoin fraud, as well as assaulting and kidnapping his victims.

Feuds

Jackson had a public fight with rapper Ja Rule and his music label, Murder Inc. Records, prior to contracting with Interscope Records. An IRS affidavit alleged links between Ja Rule’s label and a New York drug kingpin suspected of murdering Jam Master Jay and shooting Michael Jackson.

The conflict between the two rappers was revived later after Ja Rule provided social follower feedback on a comparable dispute between Meek Mill and Drake via Twitter. Because he didn’t need to get involved in G-feuds units with other rappers, 50 Cent thought The Game was being unfaithful. When the two were at the Ace of Diamonds Strip Club in 2016, 50 Cent resolved his twelve-year feud with The Game.

The animosity between 50 Cent and Rick Ross originated with an alleged altercation at the 2008 BET Hip Hop Awards, which 50 Cent has refuted.

In 2009, 50 Cent debuted the first of several “Officer Ricky” cartoons and a video (“Warning Shot”). Their animosity erupted again during the 2012 BET Hip-Hop Awards when members of Jackson’s G-Unit were caught on camera attacking Gunplay. Ross’ botched drive-by shooting 3 days before his birthday, according to Jackson, was staged. The feud between 50 Cent and Rick Ross came to an end in 2020.

50 Cent Wealth

Honors and Recognition

In the entertainment sector, 50 Cent is well-known as a rapper. Despite his graph’s peaks and troughs, he has received numerous honors and recognitions. BET Awards for Best New Artist and Best Female Artist were given out in 2003. Favorite Rap/Hip-Hop Male Artist at the American Music Awards. In 2004, he was also awarded the BRIT Award for International Breakthrough Artist.

In 2003 and 2005, he won the World Music Awards for Best Selling Pop Male Artist in the World. He received Billboard Music Awards in 2005 for Top Hot 100 Artist, BET Hip-Hop Awards in 2007 for Hustler of the Year, and Grammy Awards in 2010 for Best Rap Performance by a Duo or Group (Crack a Bottle).

Assets and Properties

50 Cent purchased a 17-acre estate in Connecticut that includes a 50,000-square-foot mansion with 37 restrooms, 21 bedrooms, a gym, a casino, and a nightclub. He purchased the house from a bank that had just evicted the former owner, Mike Tyson, out of default.

50 Cent invested $4.1 million in buying the estate and another $6 million on renovations such as a private movie theater, infinity pool, and helicopter pad. During the course of his bankruptcy process, 50’s lawyers revealed that the residence normally costs roughly $72,000 monthly to upkeep and fund. The expense of his amenities on its own is $18,000 a month.

50 sought unsuccessfully to sell the mansion in 2007 for $18.5 million. He has been attempting to sell up every while but has had no luck. In 2018, he reduced the price to $4.995 million, but there were no buyers. He nonetheless owns the property to this date.

About

Name50 Cent
Net Worth$40 Million
Age47
Height(1.76 m)
Weight80KG (Approx)
ProfessionRapper
Date Of BirthJuly 6, 1975
BirthplaceUnited States
NationalityAmerican
Income$5 Million (Annual)
SpouseN/A

Summary

As of 2022, 50 Cent’s net worth is estimated at $40 million. This is a fivefold decrease from his net worth of $150 million in 2018. He made $100 million as a minor shareholder in the $4.1 billion Coca-Cola transaction with Glaceau and struck a $78 million agreement with a premium underwear brand called FRIGO Revolution Wear, among his many other earnings.

Apart from singing and appearing in films, 50 Cent has a number of businesses that contribute to his earnings. 50 Cent is a philanthropist who manages the G Unity humanitarian organization. The $2.9 million he collected from the sale of the property went to his organization. In 2015, he declared bankruptcy.

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