Net Worth
US$50 million
Birthday
July 6, 1975
Country
Queens, New York, U.S.
Status
Single
Source(-s) of wealth
Rapper, actor, television producer, record executive, record producer, businessman.
Who is 50 Cent?
50 Cent is an American rapper, businessman, actor, and producer. He is well known for his hip-hop style in the music industry. At the age of 12, 50 Cent began selling drugs in the Queens neighborhood. 50 Cent later started in music and was signed by Columbia Records, and his first album, Power of the Dollar, was produced. He did not get to release the album, as he was shot a few days before the album’s release. Eminem’s Shady Records signed 50 Cent in 2002. Dr. Dre and Eminem helped 50 Cent release the Get Rich or Die Tryin’ album, which became a global hit. 50 Cent rose to fame after that and created G-Unit records, signing his gang members to the label.
He signed Lloyd Banks, Tony Yayo, and Young Buck to the label. He has released several other albums which were global successes. He is the executive producer of Power, a television series. 50 Cent has a record of more than 30 million copies of albums sold globally. He has won several music awards such as a Grammy Award, 6 World Music Awards, 13 Billboard music awards, 3 American music awards, a Primetime Emmy Award, 4 BET Awards, and many others. He also starred in 31 movies such as Den of Thieves, Righteous Kill, and many others.
A brief history of 50 Cent
50 Cent Childhood & Education
Born Curtis James Jackson III on July 6, 1975, he is popularly known as 50 Cent. 50 Cent was raised by his mother Sabrina, who passed away when 50 Cent was 8. At age 11, 50 Cent began boxing and spending time at the local gym. 50 Cent was dealing drugs while at Andrew Jackson High School. He was arrested and incarcerated and earned a GED while serving time. He got the inspiration from 1980s Brooklyn robber Kelvin Martin to use the stage name 50 Cent.
50 Cent Music Career Music Career
50 Cent started rapping at an early age, using turntables while in a friend’s basement. Jam Master Jay taught 50 Cent to structure songs, write a chorus, make records, and count bars in 1996. Trackmasters signed 50 Cent to Columbia Records in 1999. 50 Cent make the song “How to rob” which made him famous. The song drew the attention of other hip-hop stars like Big Pun, Kurupt, DMX, Jay-Z, Wyclef Jean, and many others.
After being shot in 2000, 50 Cent released an album titled “Guess Who’s Back?”. Eminem signed 50 Cent and introduced him to Dr. Dre in 2002 after listening to his album in a $1 million record deal. 50 Cent released his debut album in 2003 with a lead single “In da Club” which won several awards. The album sold 872,000 copies in the first week. 50 Cent signed his gang members Tony Yayo, Young Buck, and Lloyd Banks to G-Unit Records in 2003.
He later signed The Game, Olivia, Spider Loc, Mobb Deep, 40 Glocc, and M.O.P to the record. His second album hit 1.4 million copies sold in 2005. 50 Cent has released several other successful albums and collaborated with other top artists. He has won several top awards, such as the Grammy Award and Primetime Emmy Award.
Business career
50 Cent found success in music as well as business. He is involved in talent management, record production, film production, clothing line, headphones, books, liquor, and fragrances. He started by establishing G-Unit Records for recording and talent management, which is a major success. He established the G-Unit Clothing line in 2003 in partnership with Reebok. In 2007, he established G-Unit Books, a company he uses for publishing books he has written. 50 Cent started enhanced drinking water called Formula 50 with the company Glaceau in 2004. In 2007, 50 Cent earned $100 million from the sale of the company to Coca-Cola for $4.1 billion.
50 Cent produced his body spray called Pure 50 RGX in partnership with Right Guard. He founded G-Unit Films and Cheetah Visions in 2003 and 2008 respectively, for film production. Cheetah Vision obtained $200 million in funding for film production in 2010. In 2011, 50 Cent founded a consumer electronics company called SMS Audio. 50 Cent invested in Effen Vodka in the Netherlands in 2014. In 2014, 50 Cent signed with FRIGO Revolution Wear in a deal worth $78 million. In 2011, 50 Cent made $10 million from Twitter promotions. He has several other investments.
50 Cent’s Net Worth
Accumulated wealth 50 Cent has earned millions from music, endorsements, investments, and business throughout his career. His net worth keeps rising as the values of the businesses increase. Currently, he is amongst the wealthiest rappers in the world with a worth of over US$50 billion.
