50 Cent Net Worth

50 Cent net worth

Current Net Worth – $30 Million (USD – 3 Crores), (Rupees – 228 Crores)

50 Cent short biography

50 Cent has a net worth of $30 Million (Rupees – 228 Crores), one of the top American rappers, entrepreneurs, actors, television producers, television directors, record executives with 12.9 million+ subscribers on YouTube.

50 Cent is an American rapper, actor, and entrepreneur.

His real name is Curtis James Jackson III. He has been dubbed a “master of the delicate art of lyrical brevity” for his contributions to the hip-hop business.

Jackson, who was born in Queens’ South Jamaica community, began selling narcotics at the age of 12 during the 1980s crack epidemic.

Later, he pursued a musical career, producing Columbia Records’ Power of the Dollar in 2000, but he was shot days before the album’s scheduled release, and it was never published.

Eminem found 50 Cent in 2002 when he released the mixtape Guess Who’s Back? and signed him to Shady Records, which is owned by Dr. Dre’s Aftermath Entertainment and Interscope Records.

50 Cent has sold more than 30 million albums worldwide and has received several prizes, including a Grammy, thirteen Billboard Music Awards, six World Music Awards, three American Music Awards, and four BET Awards.

Jackson had appearances in the semi-autobiographical film Get Rich or Die Trying (2005), the military picture Home of the Brave (2006), and the crime thriller film Righteous Kill (2007) as an actor (2008).

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50 Cent biography

Jackson was born on July 6, 1975, in the Queens borough of New York City and raised by his mother Sabrina in the South Jamaica area.

Sabrina, a heroin dealer, reared Jackson until she perished in a fire when he was eight years old.

Jackson stated that his mother was a lesbian in an interview.

Jackson was raised by his grandma when his mother died and his father left.

When he was approximately 11 years old, he began boxing, and when he was 14, a neighbor built a boxing gym for local kids.

Jackson was arrested on June 29, 1994, for selling four vials of cocaine to an undercover cop.

Three weeks later, he was detained again after police raided his residence and discovered heroin, ten ounces of crack cocaine, and a starter gun.

Jackson completed six months in a boot camp and received his GED while being sentenced to three to nine years in jail.

He has stated that he has never used cocaine. As a metaphor for transition, Jackson acquired the moniker “50 Cent.” Kelvin Martin, a 1980s Brooklyn robber known as “50 Cent,” inspired the moniker, which Jackson picked “because it expresses everything I want it to say.”

50 Cent social media handles:

• Twitter
• Instagram
• Facebook
• YouTube

Education

When Jackson was 12, his grandparents mistook him for a student in after-school programs and brought firearms and drug money to school.

Metal detectors at Andrew Jackson High School captured him in the tenth grade: “I was mortified that I had been arrested in such a manner… I stopped hiding it when I was arrested. ‘I sell drugs,’ I told my grandma outright.”

Career

I’m the same type of guy as 50 Cent. I take care of myself in whatever way I can.”

Jackson made his debut appearance with Onyx on the song “React” off their 1998 album Shut ‘Em Down.

After Jackson departed Jam Master Jay in 1999, he was signed to Columbia Records by the platinum-selling producer Trackmasters.

A shooter shot Jackson outside his grandmother’s former home in South Jamaica on May 24, 2000.

Jackson’s fame grew, and he released the mixtape Guess Who’s Back? in 2002.

In 2003, Interscope Records awarded Jackson his own label, G-Unit Records.

Before I Self Destruct, Jackson’s fourth studio album, will be “done and released in November,” according to a September 10, 2008 edition of Total Request Live.

On November 9, 2009, Before I Self Destruct was released.

On June 16, 2011, Jackson posted “Outlaw,” a song from his fifth album, on the Internet.

Jackson’s fifth album, Street King Immortal, was originally set to be released in the summer of 2012 but was pushed back to November 13.

Jackson said in January 2014 that Animal Ambition would be released in the first quarter of 2014, followed by Street King Immortal.

Interscope Records released 50 Cent’s final album with the company, the greatest hits collection titled Best Of, on March 31, 2017.

Jackson, who was one of Pop Smoke’s main influences, led the executive-producer responsibilities for late rapper Pop Smoke’s debut album, Shoot for the Stars, Aim for the Moon, in 2020.

He was one of the headliners of the Golden Sand music festival in Riviera Maya in 2021.

He was set to feature in the forthcoming The Expendables film in August 2021.

50 Cent was a surprise performer at the Super Bowl LVI Halftime Show on February 13, 2022.

Corporate positions

Ventures into business

Jackson has a long and illustrious business career. He has a wide range of industries to which he is financially committed.

Following his mainstream breakthrough, he founded his own record company, G-Unit Records, in 2003.

On January 4, 2007, Jackson launched G-Unit Books, a book publishing label based in New York’s Time Warner Building.

One of Jackson’s early commercial initiatives was a collaboration with Glacéau to produce Formula 50, an improved water drink. Jackson became a beverage investor in October 2004 when he was granted a minority stake in the firm in return for becoming a spokesman when it was discovered that he was a fan of the beverage.

G-Unit Films, created in 2003, and Cheetah Vision, launched in 2008, are two of Jackson’s film production firms.

Jackson is a co-star, co-creator, and executive television producer on the STARZ network drama, for which he signed a two-year deal with the Agency for the Performing Arts as his agent.

Jackson applied to the US Patent and Trademark Office in 2002 to have the name “50 Cent” registered as a trademark for clothes, sound recordings, and live performances.

Jackson and Pure Growth Partners introduced Street King in July 2011, as part of a humanitarian mission to feed one billion hungry people in Africa by 2016.

When he invested an unknown sum in the firm Sire Spirits LLC in 2014, Jackson became minority ownership in Effen Vodka, a brand of vodka made in the Netherlands.

Jackson struck a $78 million agreement with FRIGO Revolution Wear, a luxury underwear company, in December 2014.

Investments

Jackson spent his revenues from music and celebrity endorsements in a variety of privately held businesses, real estate, and stocks and bonds over the years.

His Farmington estate on 50 Poplar Hill Drive, which he sought to sell for years and eventually filed for bankruptcy in Connecticut in 2015, had an asking price of $10 million in 2012 but was evaluated at $8.3 million in 2015.

Jackson reportedly gained $10 million in January 2011 after using Twitter to promote a marketing firm in which he was a shareholder.

Jackson invested in Hang w/, a live video streaming smartphone app utilized by hundreds of celebrities to broadcast their everyday activities and talk with followers, as a minority shareholder in 2013.

Bankruptcy

With a debt of $32,509,549.91, Jackson filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Connecticut on July 13, 2015. The Court granted an order on July 17, 2015, enabling a creditor to proceed with the punitive damages phase of a trial against Jackson in a New York state court for the alleged publication of a private film.

In his disclosures, he named 32 companies in which he had an interest. Lastonia Leviston, Rick Ross’s ex-girlfriend, was awarded $5 million by a jury for breaching her privacy by publishing a sex film of her and another guy online.

In the bankruptcy paperwork, there was also information regarding two arrangements in which he sold the right to collect royalties from the on-air play of his songs.

Discography

50 Cent some movies

50 Cent income model

Private & early life

Shaniqua Tompkins, Jackson’s girlfriend, gave birth to Marquise Jackson on October 13, 1996. Tompkins then sued Jackson for $50 million, claiming that Jackson pledged to look for her for the rest of her life.

A court rejected the lawsuit, which included 15 causes of action, calling it “an awful tale of a love connection gone sour.” They’ve been feuding for years, and their squabbles have often spilled over onto social media.

“When my son came into my life, my priorities shifted, because I wanted to have the relationship with him that I didn’t have with my father,” Jackson said of Marquise’s birth. He thanked his son for igniting his career and providing “inspiration to choose a different path.”

Despite this, the two have had a strained relationship since Jackson and Tompkins divorced in 2008. Their disagreement has been documented on social media several times, most recently in 2020 when Jackson admitted that he “used to” love his kid.

In 2005, Jackson came out in favor of President George W. Bush when rapper Kanye West chastised Bush for his poor response to Hurricane Katrina victims. He stated he would have voted for the president if his criminal convictions had not prevented him from doing so.

Six months later, the rapper told MTV News that after hearing Barack Obama speak, he had shifted his allegiance to him but had lost interest in politics. He has previously been chastised for anti-gay remarks.

In 2007, Forbes listed Jackson’s net worth as second only to Jay-Z in the rap business. He is selling his Farmington, Connecticut, estate, which was once owned by ex-boxer Mike Tyson, for $18.5 million in order to be closer to his kid (who lives on Long Island with his ex-girlfriend).

On May 31, 2008, while filming in Louisiana, one of Jackson’s New York residences caught fire. The home was acquired in January 2007 for $2.4 million and was the subject of litigation between Jackson and Shaniqua Tompkins.

He informed the Canadian press in December 2008 that he had lost several million dollars in the stock market. Jackson won a lawsuit against Taco Bell in November 2009 over the fast-food chain’s unauthorized use of his name.

In 2016, he said in response to a public fight with rapper Meek Mill, “He’s not all that intelligent, you know. While you’re producing music, the easiest thing you can do is include other people in the remarks you’re making.”

In the run-up to the 2016 U.S. presidential election, Jackson backed Democratic contender Hillary Clinton. He turned down a $500,000 offer from the Trump campaign to appear on the candidate’s behalf. Due to his distaste for Joe Biden’s tax ideas, he backed Donald Trump in 2020. He reversed his endorsement a week later, writing on Twitter, “Fu*k Donald Trump, I never liked him,” before endorsing Biden.

Awards

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