What is 50 Cent invested?
50 Cent’s investments included his equity stake in Vitaminwater. Beverage company Glacéau offered 50 Cent a minority stake in its Vitaminwater brand in 2004. Later, he developed his own Vitaminwater variety, called Formula 50, as ABC News reported in 2007.
What is 50 Cent doing these days?
New York rapper 50 Cent is now living in Houston. Born Curtis Jackson, the rapper and creator of the “Power” television show abruptly announced Tuesday that he was leaving the concrete jungle for H-Town. Curtis “50 Cent” Jackson is a producer on popular Starz televison show, “Power.”
How much money is 50 cents?
50 Cent Net Worth
| Net Worth: | $40 Million |
|---|---|
| Date of Birth: | Jul 6, 1975 (46 years old) |
| Gender: | Male |
| Height: | 6 ft (1.83 m) |
| Profession: | Businessperson, Actor, Investor, Film Producer, Rapper, Screenwriter, Entrepreneur, Songwriter |
How did 50 Cent get rich?
One of Jackson’s first business ventures was a partnership with Glacéau to create an enhanced water drink called Formula 50. In 2007, Coca-Cola purchased Glacéau for $4.1 billion and, according to Forbes, Jackson, who was a minority shareholder, earned $100 million from the deal after taxes.
Where does 50 Cent get his money from?
In 2014, 50 became a minority shareholder in Effen Vodka, which is made in the Netherlands, after investing an undisclosed amount in the company Sire Spirits LLC. Later that year he signed a giant $78 million deal with FRIGO Revolution Wear, a luxury underwear brand, which retails its underwear at about $US100.
Why did 50 Cent declare bankruptcy in 2015?
But in July 2015, in an announcement that shocked fans, 50 Cent declared bankruptcy with a debt of $US32.5 million. According to TMZ, he struck a deal to pay $23 million in debts over five years. The filing came several days after a court ordered him to pay $7 million to Lastonia Leviston whose sex tape he posted online without her consent.
When did 50 Cent release power of dollar?
Columbia Records signed 50 Cent, now 43, in 2000, before canning his first album Power of the Dollar after he was involved in a shooting. 50 was attacked by a gunman in May 2000 outside his grandmother’s former home in South Jamaica, in broad daylight at 11.20am.
How much money did 50 Cent make from Glaceau?
In 2007, Coca-Cola purchased Glacéau for a whopping $4.1 billion and, according to Forbes, 50 earned $100 million from the deal after taxes. VitaminWater was one of 50 Cent’s most profitable business ventures.