50 Cent Net Worth
$40 Million
Name: | 50 Cent |
Date of Birth: | July 6, 1975 |
Age: | 46 years old |
Height: | 5 ft 10 in (1.88 m) |
Profession: | Businessperson/Film Producer/Rapper/Screenwriter/Entrepreneur/Songwriter |
Nationality: | United States of America |
Religion: | Christianity |
Net Worth: | $40 million |
50 Cent Early Life
50 Cent was born in Queens, NY, on the 6th of July, 1975. He was raised singlehandedly by his mother Sabrina who was a drug dealer After her death, he moved to live in his grandparents’ house.
Cent was only twelve years old when he started selling drugs. He would go out onto the streets and spend time selling drugs whilst his grandmother thought he was attending after-school programs.
50 has been arrested multiple times. The first time was for bringing drugs, drug money, and his gun into school, which got him expelled. The metal detector caught him out.
Jackson was arrested again, this time for selling cocaine to an undercover police officer, and for illegal substances and a firearm at his home.
50 Cent started rapping in his basement and was taught by JamMaster Jay, how to rap, structure bars and create chorus, etc.
His first-ever feature came within the album ‘Shoot Ya’ by Onyx.
Jackson was signed to Sony Records in 1999 and released his debut album Power of the Dollar in 1999. His biggest breakthrough came when he released the song “How to Rob,” which gained the attention of Jay-Z, DMX, and other major artists at that time.
After surviving an accident that could have easily killed him and having multiple injuries, after 6 months he had recovered and started to wonder if he had a true purpose as to what he was doing here.
Eminem discovered 50 Cent back in the early 2000s, and since then he has released several albums; and also made a lot of money as an entrepreneur.
50 Cent Personal Life
Jackson’s personal life hasn’t been very good. He had a very rough childhood. As he was involved in drug deals at the early age of 14. At the age of 21, he dated Shanique Tompkins, who gave birth to his son Marquise. But Shaniqua filed for divorce, and their feud was apparent on their social media accounts as well. After dating Daphne Joy, Jackson later dated her again and had a son with him named Sire. He is rumored to date Jamira Haines at the moment.
Jackson, who has had several arrests for drug dealing, has never been caught using drugs or alcohol. 50 Cent filed for bankruptcy in 2015, citing debts of $36 million.
50 Cent Age, Height, and Weight
Being born in 1975, on the 6th, of July “50 Cent” age is 46 years old as of today’s date and his height is 5 feet 10 inches tall, (1.88 m) and his weight is 94 kilograms as of 2022.
Awards and Achievements
He has been the best-known rapper in terms of accolade nominations, having been nominated for 138 awards. He has received 88 of them, which means that he has won at least 7 out of 10 of the awards that he was nominated for. He has been honored by 16 Billboard Hip Hop artists for his music, 3 BET awards for his music, 6 Vibe awards for his music, and 6 World Music awards for his music. He has also received two Grammys and eleven ASCAP awards so far
50 Cent has had a lot of success and has built an empire for himself. However, due to poor management, he lost it. He will still be considered the king of hardcore rap for the years to come, no doubt.
50 Cent Career
50 Cent went on from the year 1998 to pursue a music career. He started by rapping in his house’s basement. He was guided by his mentor, Jam Master Ray, who helped him learn to write, create chorus, and rap. He released his first album, “Shut ‘Em Down,” through Oynx.
After signing 50 Cent, Columbia Records released his first album ‘Power of the Dollar’ in 1999. His single ‘How To Rob’ was a turning point in 50 Cent’s life as DMX, Jigga, and others noticed him But the very same day he was shot outside his house repeatedly nine times. It was a miracle he survived and recovered after taking only six months to do so.
After returning from a long hiatus, Jackson released the album “Thriller” in 1982, which led to his discovery by Eminem in 2002. He later signed shady records. He then went on and became one of the best rappers ever with albums Get Rich or die trying, The Massacre, Street king Mortal, Animal Ambition, and Curtis in his kittie. Has done some collaborations as well.
Curtis Jackson made his film debut as himself in getting Rich or Die Trying, and since then he hasn’t looked back. His last movie was made in 2019, Escape Plan – The Extractors.
50 Cent Net Worth
50 Cent net worth as of 2022 is $40 million. His net worth in 2018 was five times lower than it was in 2018 (150 million). He lost his entire fortune because of bad investments. Despite being successful, he now has only $40 million left. Apart from singing and starring in movies, 50 Cent also has his ventures which add to his revenues. The Coca-Cola Company’s $4.1 billion deal with Glaceau earned him $100 million because he was a minor shareholder in the company.
Jackson signed a $ 78 million deal with a luxury underwear company called FRIGO Revolution Wear.
Apart from this, 50 cents had $18.5 million worth of a mansion has 52 bedrooms, which were sold at $2.9 million dollars. Jackson owns seven luxury cars having a total value of over $5,00,000. His monthly expenditure is estimated at $1,08,500 whereas his income is $185,000 per month.
Jackson is a philanthropic man who runs his charitable organization called G Unity. He donated $2.9 million of the money he earned from selling his mansion to charity. He filed for bankruptcy two years ago.
50 Cent led a luxurious lifestyle and built a huge house. Due to some wrong financial decisions, his wealth has been reduced to less than many rappers in the industry. His fans love him and are lovers of his hardcore rap style.
Conclusion
50 Cent is a powerful figure in the business industry. Despite the tough times he has gone through from childhood to this moment, he still manages to come back stronger every single time.
When he was just 12 years old, he joined a gang called the Crips. At first, he didn’t like it but later decided to stick with it because of the money. The Crips were known for their drug dealing and extortion activities. They also had a lot of guns.
He is an approximately net worth of around $40 million as of 2022.