50 cent net worth – what is 50 cent’s net worth? The net worth of 50 cent is estimated to be $30 million as of 2022. This is however a huge drop from recent years when his net worth was declared by Forbes to be $150 million.
50 Cent Net Worth
Born Curtis Jackson, 50 cent is an American rapper, actor, producer, and entrepreneur from New York. According to various sources, he is one of the richest rappers in the world despite the new stories in regards to the lawsuit that has been filed against him and also the decision to file for bankruptcy. Many people however believe that the decision is simply a stunt to try and get him out of paying millions of dollars.
Curtis ’50 cent’ Jackson was born in Queens, New York on the 6th day of July 1975. He was raised by his mother Sabrina single-handedly who at the time was a drug dealer. 50 cent however went to live with his grandparents after his mother passed away.
Jackson was just 12 years old when he started selling drugs. He would go out into the streets and spend time selling narcotics while with his grandmother but however, but he was taking an interest and participating in after-school programs.
50’s been arrested on numerous occasions; the first being the point at which he wrongly brought drugs, drug money, and his gun to school. The school’s metal finders got him out. Jackson was arrested on two more occasions; once for selling cocaine to an undercover cop, and the second for unlawful substances and a firearm in his home.
Curtis popularly known as 50 cent started rapping in his basement. He was taught how to write songs, structure bars and create choruses, and many more by Jam Master Jay. His very first feature was inside the album ‘Shut them Down’ by Onyx.
Jackson was signed to Columbia Records in 1999, and after a year he released his first and debut album, ‘power of the Dollar’. One of his great breakthroughs came when he released the single “How to Rob”, which gained the consideration and attention of some of the best in the industry at the time such as the likes of Jay-Z, DMX, and other significant artists at that point.
Around the same time as releasing his album, Jackson was targeted by an attacker outside his home, and shot multiple times, nine times to be precise.
With various wounds and injuries, which might have effortlessly killed him, following a half year he was mended and treated, and beginning to imagine that he could have a genuine reason regarding the reason as to why he’s alive.
Eminem found 50 Cent in the mid-2000s, and from that point forward he’s delivered numerous albums; and furthermore brought in a lot of cash as an entrepreneur.
How 50 Cent Spend His Money
50 Cent is maybe one of the most popular names in the music business at the moment. Be that as it may, as of late the rapper has been making headlines due to his financial woes. He has recorded his monthly income at up to $184,969, the majority of which comes from his G-Unit branded entertainment deals in music, film, and also TV. The main home of 50 Cent is the previous property of fighter and boxer Mike Tyson.
The 21 room home has an eight-vehicle garage, a racquetball court, and a home cinema. The property is esteemed at $8.25 million. He likewise has other properties, and this is including investment properties in Atlanta and Long Island and a New Jersey apartment that the rapper leases.
Altogether, he spends around $70,000 per month to maintain his three main homes alone. One of Jackson’s first business undertakings was an organization with Glacéau to make an upgraded water drink called Formula 50. In October 2004, Jackson turned into a beverage investor when he was given a minority share in the organization in return for turning into a spokesperson subsequent to discovering that he had been a fan of the beverage.
Jackson has established two film production organizations: G-Unit Films in 2003 and Cheetah Vision in 2008. Cheetah Vision creates low-budget thrillers for film markets across the world. At the point when G-Unit Films collapsed, he focused more on Cheetah Vision and the organization got $200 million in financing in 2010.