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50 Cent Net Worth: How Does an American Rapper Achieve Huge Wealth?

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50 Cent is an American rapper, actor, and business owner. 50 Cent is one of the richest rappers in the world. His first album, “Get Rich or Die Trying,” and the $1 million deal he made with Dr. Dre and Eminem to produce it changed the game.

Because of what he has done for the hip-hop business, he has been called a “master of the delicate art of lyrical brevity.” 50 Cent has sold about 30 million records around the world and has won a Grammy Award, 6 World Music Awards, 13 Billboard Music Awards, 4 BET Awards, and 3 American Music Awards.

Early Life of 50 Cent

Curtis James Jackson was born on July 6, 1975, in the New York City neighborhood of Queens. His mother Sabrina raised him on her own in the South Jamaica neighborhood. When he was eight years old, his mother, who sold drugs, died in a fire. Jackson went to live with his grandparents after that.

When he got home from school at age 12, he started dealing drugs on the streets. His grandmother thought that he was doing something after school. A police officer picked him up when he was in the 10th grade. The next time he made a mistake by bringing a gun, drugs, and money to school, which he did again.

He got caught by the school’s metal detectors. At age 14, a neighbor started a boxing gym for kids in the neighborhood. He said, “I was competitive in the ring, and hip-hop is also competitive.”

He sold crack when he was in first grade. He was arrested twice more. The first time was because he sold cocaine to an undercover police officer. The second time was because he had illegal drugs and a gun in his house.

Personal Life of 50 Cent

50 Cent’s 21-bedroom house has a racquetball court, an 8-car garage, and a home theatre. Marquise Jackson was born to Jackson’s girlfriend Shaniqua Tompkins.

Later, his girlfriend, Tompkins, sued him for $50 million, saying that he had promised to take care of her for the rest of her life. The case was dropped, though. They have fought with each other over social sites more than once.

Jackson’s second son, Sire Jackson, was born to the model Daphne Joy, who he was seeing at the time. Sire started modeling for Kidz Safe, a company that makes headphones for kids when he was two years old. His contract with the company earned him $700,000.

50 cent net worth

After that, another scandal made the news and got a lot of attention. Someone was being mean to him, and a video of it went viral. Kanye West criticized President George W. Bush for how slowly he responded to Hurricane Katrina in 2005, and 50 stood with him.

Jackson voted for Barack Obama in 2008, and he voted for Hillary Clinton in 2016. In spite of what some of his songs say, Jackson does not use drugs or drink alcohol. Because he didn’t like Joe Biden’s ideas about taxes, he backed Donald Trump in 2020. A week later, he took back his support and wrote on Twitter, “Fu*ck Donald Trump, I never liked him.” He then backed Joe Biden instead.

Career Life of 50 Cent

He began rapping practice in his basement. Jam Master Jay taught him how to compose songs, structure bars and choruses, etc. In 1999, Jackson was signed to Columbia Records, and his debut album, ‘Power of the Dollar,’ was released.

When he released the single “How to Rob,” he experienced a significant career advancement. It garnered the interest of prominent artists at the time. In the year 2000, when his album “Thug Love” was released, 50 Cent was attacked outside his home.

He was shot nine times before being transported to the hospital. With these severe injuries, it is nearly impossible for anyone to survive, so it was a miracle that the patient did.

50 cent net worth

After six months, he was better, and he began to wonder if there was a real reason he was still alive. He met Eminem the same year, and she was so moved by him. After that, he put out more than one album. As a business owner, he made a lot of money.

In 2003, he put out the album “Get Rich or Die Trying,” which made him famous all over the world. It went straight to the top of the Billboard charts and sold almost a million copies in its first four days.

The next album was “The Massacre,” which came out in 2005. In 2007, his third “Curtis” album was at its best and reached No. 2 on the Billboard 200. “Before I Self Destroy,” their fourth album, came out in 2009.

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Because of different ideas, he was forced to put out his fifth album, “Street King Immortal,” in 2012. Over 21 million copies of his studio albums have been sold up to this point. 50 Cent’s last album, “Best Of,” came out in 2017 on Interscope Records. It was a collection of his biggest hits. In 2008, the fire at Universal destroyed the work of a number of artists, including 50 Cent.

50 Cent Net Worth

50 Cent’s estimated net worth in 2022 is approximately $30 million. His income is primarily derived from brand endorsements and agreements. Among his many other earnings, he made $100 million as a minor shareholder in the $4.1 billion Coca-Cola transaction with Glaceau and signed a $78 million contract with a premium underwear brand called FRIGO Revolution Wear.

Also Read: Kathy Najimy’s Net Worth: Is She a Feminist and Social Justice Warrior?

How Does 50 Cent Spend His Money?

The value of Jackson’s property is $8.25 million. He also owns investment properties in Atlanta and Long Island, as well as an apartment rented by a rapper in New Jersey. Statistics indicate that these are the largest investments.

He spends approximately $70,000 per month to maintain his three primary residences. His first business venture was a collaboration with Glacéau to create Formula 50, an enhanced water beverage.

In October of 2004, Jackson was recognized as a beverage investor. After learning that he was a fan of the drink, he gave a minority stake in the company in exchange for becoming a spokesperson.

50 Cent Involvement in Legal Issues

Jackson was accused of selling four packets of cocaine to an undercover detective in 1994. He claims to not be a cocaine user. Jackson, despite being sentenced to three to nine years in prison, spent six months in boot camp earning his high school diploma.

50 cent net worth

In 2002, Jackson and four members of his entourage were arrested. Police discovered a.25 caliber handgun and a.45 caliber handgun in a parked vehicle. Two counts of unlawful possession of a weapon have been filed against the rapper.

After being struck with a water bottle, Jackson was charged with three counts of assault and battery. Jackson was sentenced to two years of probation in 2005 for an altercation at the 2004 MTV Video Music Awards in Los Angeles.

50 Cent Involvement in Criminal Issues

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

If found guilty, he could face up to five years in prison and a $46,000 fine.

Model and actress Daphne Joy accused Jackson of kicking her and ransacking her bedroom during an altercation at her Los Angeles condominium, causing $7,100 in property damage before fleeing before police arrived.

A judge summoned Michael Jackson to court as a result of the Instagram posts he made over many months. According to the judge, who cited photographs of Jackson holding large amounts of cash, Jackson’s financial dealings were not entirely transparent.

50 cent net worth

Later, in 2016, Jackson said he would stop using Instagram and let someone else take care of his account. The actor Samuel L. Jackson will die in the year 2021.

Jackson was in a video that went viral in which he offered to pay for a Burger King in 2020. This made people angry. Later, he was caught and charged with Bitcoin fraud, as well as assaulting and kidnapping his victims.

Awards and Honors to 50 Cent

50 Cent is well known as a rapper in the entertainment world. Even though his graph has peaks and valleys, he has won many awards and honors. Also, the Best New Artist and Best Female Artist BET Awards were both given out in 2003.

At the American Music Awards, he was named Favorite Rap/Hip-Hop Male Artist. He was also given the International Breakthrough Artist BRIT Award in 2004.

50 cent net worth

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

Final Words

50 Cent was born Curtis James Jackson on July 6, 1975, in the New York City neighborhood of Queens. He has sold about 30 million records around the world. 50 Cent’s 21-bedroom house has a racquetball court, an 8-car garage, and a home theatre. 50 Cent was signed to Columbia Records when his debut album ‘Power of the Dollar’ was released. He does not use drugs or drink alcohol.

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