50 Cent’s Net Worth from 9 shots to 9 figures

Nowadays, he is not making it into the chart-toppers like before. However, that doesn’t mean 50 Cent’s net worth is anyway less. He has the taste of hard work. Nonetheless, he became an American rapper, actor, producer, and entrepreneur from a drug-dealing street gang kind. He has always made out a ‘successful’ way whenever life hits rock bottom.

The Curious Question – What’s 50 Cent’s Net Worth?

As of 2020, his net worth is approximately $30 million. The 45-year-old Curtis James Jackson III, aka Fitty, aka Fiddy, aka 50 Cent, has earned $260 million. This is the least amount in his tenure. His sources of earnings include selling records, brand partnership deals, touring, and other business ventures.

However, he wasn’t a careful guy with his money. His bank worth deteriorated steeply from its peak in 2015. At his zenith, 50 Cent’s net worth was about hundred fifty-five million dollars. In the same year, he was featured in Forbes as one of the wealthiest hip-hop artists.  He spent luxuriously on cars, real estate, and lawsuits. Consequently, he had to file for Chapter 11 bankruptcy in July 2015.

View this post on Instagram

A post shared by 50 Cent (@50cent)

Early Life of Jackson

Curtis James Jackson III entered the world on July 6th, 1975, in Queens, New York City. His mother, Sabrina (a drug dealer), raised him in the Jamaican neighborhood for eight years. She died in an unexplained fire tragedy. Following the incident, his grandmother took him in.

From a very young age, he was already in the drug world. He was arrested numerous times for his illegal business. Moreover, in the tenth grade, he was in custody because he brought a gun to his school! From cocaine bust to house raid, he had done his days. He was in boot camp for six months, where he acclaimed the GED.

Beginning of Career and Shooting

His fame dawned on him after the release of “How to Rob” – a controversial, underground single. Another single – Thug Love with Destiny’s Child, was scheduled to be released in May 2000. However, a gunman and his nine shots postponed the event. 50 Cent was shot! The alleged shooter – Darryl Baum (Mike Tyson’s ex-bodyguard), was killed three weeks later. He was under severe care for 13 days after injuring both the legs, arm, hand, hip, left cheek, and chest.

While being hospitalized, he signed a publishing contract with Columbia Records. Unfortunately, his attempt to publish the song – Ghetto Qur’an, terminated the deal. Furthermore, his name entered the blacklist of the United States recording industry. As a result, he went to Canada to continue his profession. In 2002, he was back as the headline after the release of “Guess Who’s Back?”

Building Popularity

50 Cent came under the radar of Eminem in 2020. The famous and successful rapper was highly impressed with Guess Who’s Back? Eminem roped in 50 Cent for introducing Dr. Dre in Los Angeles. They signed a deal together with $1 million worth and released No Mercy, No Fear. In addition to this, 50 Cent sang in Eminem’s film 8 Mile. Nonetheless, it was just the beginning.

He created the fire widespread after dropping his first album – Get Rich or Die Trying. In 2003, he debuted at the No. 1 spot on the Billboard charts. He sold big numbers in fewer days. Within a week of release, his lead single – In Da Club, became the most-listened song radio in history. Following his milestone, he released The Massacre in March 2005. He sold 1.14 million copies within four days. The success came as a reward from Interscope for gifting him his own G-Unit Records. His third album made the same success on the Billboard charts in 2007. The fourth – Before I Self Destruct, rolled out in November 2009. Finally, it is estimated that his studio record has sold an insane 21 million units.

Bankruptcy

In 2015, he came into Forbes as well as filed for bankruptcy. Life can be so ironic! Jackson had filed for Chapter 11 bankruptcy to have time to organize expenditures and businesses. He resided in Connecticut, where the court ordered him to pay his debts over five years. He owed his creditors an amount of $23 million. However, he took only a few months to return the sum. Following the win in another court case, he paid off his debts.

As well as that he sold off his Connecticut mansion for $8 million. It was the same mansion that he bought from Boxing Legend Mike Tyson.

Business Ventures

While introducing Jackson, aka 50 Cent, we mentioned he was an actor and producer too. The rapper has already acted in 17 films, including Get Rich or Die Trying, Before I Self Destruct, All Things Fall Apart, and Oath. These are the classics where he built his fame quotient.

Among the 17, it is believed that his debut movie – Get Rich or Die Trying, is his autobiography. The film revolves around his life hurdles while traveling to be a Celebrity. The songs of his life come in the “Gangsta Rap” genre. However, his acting career did not sail well. Although he was a talented artist, his movies didn’t side with the critics and box office. Stars and megastars like Samuel L. Jackson (in Home of the Brave), Robert De Niro, and Al Pacino (in Righteous Kill) couldn’t help him.

Afterward, he produced a crime-drama series – Power, which ran for six seasons on Starz television. From 2014 to 2019, the series successfully concluded.

50 Cent’s effective financial planning was when he promoted a minority stake in Vitamin Water. He lent his name, and they sold it as a “Formula 50” drink. When Coca Cola Company bought the brand from Glaceau, 50 Cent’s net worth was increased by $150 million! As of the acquisition year 2007, it was reported that he earned ten times more in this investment than his rapping career!

In 2003, along with Marc Ecko, he created a clothing and accessories brand line. The business was named after his G-Unit members. As last reported in 2019, the store is online now.

The post 50 Cent Net Worth (October 2023) appeared first on Wizard Journal.