Curtis James Jackson III, popularly known as 50 cent, is an American hip hop rapper, actor, entrepreneur, investor and a television producer. We want to find out what 50 Cent net worth is and how he made his money.
He became famous for his streetwise raps and rags to riches life story in the early 2000. 50 Cent has won multiple awards including a Grammy award and is albums has sold over 30 millions copies worldwide.
- Nationality: South Jamaica, Queens, United States of American
- Date of Birth: June 6, 1975
- Occupation: Rapper/Actor/Entrepreneur
- Net Worth: $200 Million
50 Cent’s Biography
Curtis James Jackson III(50 Cent) was born in the district of Queens in New York. Raised by his mother(Sabrina) in the neighborhood South Jamaica.
50 Cent mother was drug dealer before she died in a mysterious fire when he was just 8 years old. So 50 Cent stayed with his grandmother after his father left him at a young age.
50 Cent aspirations at a young age was to become a boxer and he even fought at the junior level. An undercover police officer arrested him while he was still a teenager, 3 weeks later his home was raided by the police where cocaine and heroine was found. 50 Cent was sentenced to three-nine years in prison, he served six months in a boot camp and earned his GED. See Also: Drake Net Worth ($150 Million) House, and Biography
50 Cent went to Andrew Jackson High School in Queens, until he was caught in the 10th grade by metal detectors for bringing guns and drugs to the school at just age 12.
50 Cent relationship with fellow celebs includes dancing diva Ciara, actress Vivica A. Fox, television host Chelsea Handler and many others.
On October 13,1996, 50 Cent girlfriend Shaniqua Tompkins, gave to their son Marquise Jackson.
50 Cent’s Career Path
50 Cent breakthrough came in 1996, when he was introduced to Master Jay of Run-DMC. Impressed with 50 cent rapping ability, Jay signed him to Jam Master Jay Record label. 50 Cent left Jam Master Record label to join Columbia Records in 1999.
In 1999, 50 Cent made his first album “Power of the Dollar”, under his new record label the album was heavily bootlegged, Columbia never released it due to being caught up in the streets and getting shot.
In 2000, 50 Cent was shot multiple times by a gunman outside his grandmother house in South Jamaica, leaving him with several injuries.
He returned to the music industry after making a fast recovery teaming him up with his friends Lloyd Banks and Tony Yayo to form a crew called G-Unit.
After the release of his compilation album “Guess Who’s Back” in 2002, 50 Cent drew the attention of Eminem and Dr.Dre who jointly signed him to their record labels, Shady records and Aftermath Entertainment.
50 Cent’s debut album “Get Rich or Die Tryin(2003)”, was produced by both Eminem and Dre. The album sold an impressive 9 millions copies. See Also: Demi Lovato Net Worth ($40 Million) and Biography
In 2005, 50 Cent dropped his second hit album, “The Massacre”, on which he continued to rap about drugs, crime.
He started his own label under the Interscope umbrella, signing Lloyd Banks and Young Buck, and incorporating them into the G-Unit group on the 2004, album Beg for Mercy, which sold more than 5 million copies worldwide. But subsequent 50 Cent releases, including “Curtis” in 2007 and “Before I Self-Destruct” in 2009, achieved only modest sales. But by then 50 Cent’s had secured his position as an influential figure in hip hop culture.
In 2005, 50 Cent starred in his first major role in the movie tilted “Get Rich or Die Tryin’,” marking the beginning of his acting career.
He’s been in various films, including roles in the 2015 boxing flick “Southpaw”, 2013 action-thriller “Escape Plan” and Den of Thieves . Also, 50 Cent currently stars in and produces Starz series, “Power.”
50 Cent’s Investments
50 Cent followed in the footsteps of hip hop moguls such as Dre and Jay Z who successfully expanded their brand into other markets.
In 2004, 50 Cent was given a minority share in Vitamin Water in exchange for being the face of the beverage. In 2007, the Coca-Cola Company acquired Vitamin Water from Glacéau for $4.1 billion. The rapper reportedly received $100 million.
In 2012 he became a licensed boxing promoter for his new company, The Money Team. He and his friend Floyd Mayweather Jr. signed boxers including IBF featherweight champion Billy Dib. Mayweather and Jackson parted company, with Jackson taking over the promotion company and founding SMS Promotions.
50 Cent is the founder of G-Unit foundation Incorporation. He is also the founder of SMS audio, Sk Energy.
The Game: Being a member of G-Unit, 50 cent felt The Game was disloyal for refusing to participate in the ongoing feud with Nas,Fat Joe and Jadakiss.
Jarule: Jarule and record label Murder Inc, accused 50 Cent for orchestrating the robbery of a jewelry. Crew members of Jarule attacked 50 cent outside the hit factory studios. The stabber was Ja Rules associate Black Child. According to 50 Cent himself he only got away with minor damages from this incident. See Also: Kylian Mbappe Net Worth (Houses, Cars) and Biography
50 Cent Net Worth and Endorsement Deals
In 2003 he signed a five-year deal with Reebok to distribute a G-Unit Sneakers line. He signed a $78m deal with underwear brand FRIGO Revolution in 2014 to become its chief fashion designer.
With millions of album copies sold, books ventures and endorsements deal. We estimates 50 Cent net worth to be $200 million, making him one of the richest rappers in the world.