50 Cent Net Worth

50 Cent Net Worth 2021, Age, Height, Weight, Bio and Career Details

50 Cent (Curtis James Jackson III) is an American rapper, television producer, actor, and entrepreneur. 50 CENt has been credited for significantly impacting the hip-hop industry. As

In 2000, after leaving drug dealing to pursue a rap career, Jackson released his debut album, Get Rich or Die Tryin’, which has sold about 8 million copies in the United States and was certified six times platinum by RIAA. His following album, The Massacre, earned him an additional $50 million.

Jackson is known for being involved in feuds with other rappers including Ja Rule and fellow G-Unit rapper Tony Yayo, his G-Unit crew members , Lil’ Kim, Rick Ross, Fat Joe, Tru Life, The Game among many others.

50 Cent has sold over 30 million albums worldwide and won several awards, including a Grammy Award, thirteen Billboard Music Awards, six World Music Awards, three American Music Awards and four BET Awards.

50 Cent’s net worth is $40 million. 50 Cent’s career to date has generated at least $260 million in revenue from his various projects, including selling CDs, touring, and sponsorship deals. He has, however, spent extravagantly (particularly on real estate, cars, and lawsuits), which led him to declare bankruptcy in July 2015 under Chapter 11.

50 Cent Fast Facts

Net Worth In 2021: $35 Million
Real Name/Full Name Curtis James Jackson III
Nick Name: 50 Cent
Date Of Birth/Birthday: 6 July 1975
Age/How Old: 46 years old
Siblings N/A
Profession: Rapper, Songwriter, Television Producer, Actor, Businessman
Height/How Tall: In Centimetres – 183 cm
In Feet and Inches – 6′ 0″
Weight: In Kilograms – 94 Kg
In Pounds – 207 lbs
Parents Name: Father – Curtis James Jackson
Mother – Sabrina Jackson
Zodiac Sign: Cancer
Religion: Christianity
Gay Or Straight? Straight
Marital Status: Not Married
Girlfriend: N/A
Wife/Spouse Name: N/A
Kids/Children Name: Marquise Jackson
Sire Johnson
Education: Andrew Jackson High School

Early Life

50 cent was born in South Jamaica, Queens, New York .His mother Sabrina was a cocaine dealer and his father Arthur was a driver for one of her suppliers. Upon hearing the news that she had given birth to him, his biological father Darrin immediately deserted her. During 50 Cent’s early life he resided with his mother in the notorious Queensbridge Projects.

When he was 8 years old, his mother nearly died from a heart attack, later succumbing to her addiction to cocaine. After his mother’s death and his father’s departure, Jackson was raised by his grandmother.

He endured many hardships during this time and despite living in poverty 50 Cent tried to maintain some sense of normalcy. He enrolled at the private school preparatory Andrew Jackson High School but failed.

At the age of 11, he started boxing, and a neighbor opened a gym for local kids when he was 14. “I was sparring in the gym or peddling crack on the street instead of spending time in school,” Jackson remembered.

He began selling drugs at age 12 and was involved in carjackings, robberies and muggings for a little more than the following year.

On June 29, 1994, while Jackson was selling four vials of cocaine to an undercover police officer, he was arrested. He was detained again three weeks later after police searched his home and discovered heroin, ten ounces of crack cocaine, and a starting pistol. Despite the fact that Jackson received a three-to-nine year jail sentence, he served 6 months in a boot camp.

Career

In the summer of 2002, 50 Cent began rapping in his basement and was taught by Jam Master Jay on how to compose songs, arrange bars, and develop choruses etc.

He made his feature debut in the song “Biggie” from Onyx’s album “Shut ‘Em Down.”

Jackson was signed to Columbia Records in 1999, and a year later he released his debut album, ‘Power of the Dollar’. One of his big breakthroughs came when he released the single “How to Rob”, which gained the attention of the likes of Jay-Z, DMX and other major artists at the time.

In the same year of his album’s release, Jackson was targeted by an assailant outside his house, and shot nine times.

With multiple injuries, which could have easily killed him, after 6 months he was healed, and start to think that he might have a true purpose as to why he’s alive.

Eminem discovered 50 Cent in the early 2000’s, and since then he’s released multiple albums; and also earned a great deal of money as an entrepreneur.

In 2005 he created G-Unit records, and signed on new rappers such as Lloyd Banks and Tony Yayo.

His second album ‘The Massacre’ sold over 1 million copies in America in its first week of release, and went on to sell more than 5 million copies. Since then his net worth has increased significantly and he’s managed to branch out into other business ventures such as creating his own record label, G-Unit clothing line and energy drinks.

50 Cent went on to release another 3 solo albums and 2 collaborative albums with G-Unit.

On March 31, 2017, Interscope Records released 50 Cent’s final album for the label, a greatest hits album titled Best Of.

In 2020, Jackson led the executive-producer duties for late rapper Pop Smoke’s debut album, Shoot for the Stars, Aim for the Moon, having been one of Pop Smoke’s biggest inspirations.

In 2021, he became one of the headliners of the music festival Golden Sand in Riviera Maya. Also in August 2021, he announced he was starring in “The Expendables” new movie.

How Old Is 50 Cent? What’s His Weight, Height & Zodiac Sign

Jackson was born on July 6, 1975 making him 45 years old. His weight in Kilograms – 94 Kg. In Pounds – 207 lbs. In Centimetres – 183 cm and In Feet and Inches – 6′ 0″. His star sign Zodiac is Cancer.

50 Cent’s Homes

Jackson spent $2.4 million on an 11,000 square-foot home in Farmington, Connecticut. Despite several attempts to sell the property for months it has yet to find a buyer.

He also owns multiple properties in South Florida which are worth around $10 million altogether.

In July 2012 50 Cent finalised a deal to purchase seven luxurious condos in the Trump International Hotel & Tower for over $15 million. Unfortunately, he was unable to sell his Connecticut house and decided to rent it out instead; the property is currently listed on Zillow for $6.5 million.

50 Cent doesn’t seem interested in having an extravagant lifestyle; he lives in a relatively modest house in Connecticut, where he lives with his son.

He’s also sold the ultra-luxurious Connecticut mansion that he’d originally purchased for $4.1 million to rapper Rick Ross for just under half of that price ($2.5 million).

Personal Life: Dating, Girlfriends, Wife, Kids

On October 13, 1996, Jackson’s girlfriend, Shaniqua Tompkins, gave birth to son Marquise Jackson. Tompkins later sued Jackson for $50 million, saying he promised to take care of her for life. The suit, with 15 causes of action, was dismissed by a judge who called it “an unfortunate tale of a love relationship gone sour.” The two have bickered for years, and have even taken their feud to social media many times.

Marquise’s birth changed Jackson’s outlook on life. He credited his son for inspiring his career and being the “motivation to go in a different direction”. Despite this, the two have endured a fractured relationship that began when Jackson and Tompkins separated in 2008. Their feud has been taken to social media numerous times, including in 2020 when Jackson disclosed that he “used to” love his son. 

Jackson dated model Daphne Joy and had his second son, Sire Jackson, with her, on September 1, 2012. At the age of two years, Sire modeled for Kidz Safe, a headphone brand for kids, earning $700,000 through his contract

Despite having allegedly earned over $100 million from various business deals, including beverage brands, films and book publishing, Jackson filed for bankruptcy due to various lawsuits against him.

How Does 50 Cent Spend His Money

Over the years, he poured his earnings from music and celebrity endorsements into a variety of privately held businesses, real estate, and equities and bonds. During the 2008 recession, a portion of his assets dropped in value. In December 2008, after telling the Canadian press that he had been affected by the financial crisis, losing millions on the stock market.

50 Cent’s greatest financial success came when he struck a minority interest in Vitamin Water in exchange for being the company’s celebrity spokesman and lending his name to the “Formula 50” drink. Coca-Cola bought Glaceau and acquired Vitamin Water for $4.1 billion, resulting in 50 Cent making ten times more money than he had previously made in his music career. This number was widely dismissed by investment bankers familiar with the deal who intimated that 50’s stake was closer to 2.5%, which means he made $100-$150 million from the sale (before taxes).

In January 2011, it was reported that Jackson made $10 million by using Twitter to advertise a marketing firm in which he held a stake.

In 2014, a court ruled that Jackson had copied the “Sleek by 50” headphones design from his ex-partner. As a result, the partner was awarded more than $17 million in damages. According to his Connecticut bankruptcy filing, he owns seven cars with values ranging from $500,000 to $1 million, including a 2010 Rolls-Royce Ghost. His expenses of $108,000 a month include $5,000 for gardening along with a monthly income of $185,000, mainly from royalties and income from his external businesses and investments.

On July 13, 2015, the singer filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Connecticut with a debt north of $32 million. On July 17, 2015, the court issued an order allowing a creditor to proceed with the punitive damages phase of a trial against Jackson in connection with the alleged release of a private video.

In July 2017, it was reported (but not confirmed), that 50 Cent had sold his minority stake in Effen Vodka for $60 million. 50 Cent confirmed the transaction on Instagram but did not reveal the $60 million price tag.

In October 2018, 50 Cent inked a four-year overall deal with Starz, which aired his drama program “Power.” The agreement, which includes three series commitments, is potentially worth $150 million if all goals are met.

50 Cent Net Worth

50 Cent’s net worth is $40 million at this time. From his various activities to date, 50 Cent has earned at least $260 million from his albums sales, live performances, and other brand partnership arrangements.

Unfortunately, he has also spent excessively (particularly on real estate, automobiles, and lawsuits), which resulted in his declaring Chapter 11 bankruptcy in July 2015.

50 Cent Quotes

Every negative is a positive. The bad things that happen to me, I somehow make them good. That means you can’t do anything to hurt me.

Behind me is infinite power. Before me is endless possibility, around me is boundless opportunity. My strength is mental, physical and spiritual.

I don't think people really understand the value of money yet. I'm not just talking about rappers; it's a lot of people who come from nothing and think that the things they do will be valued by other people. You have to remember, I was 17 years old with $300,000 in the bank. That changes your perspective on how money works.

50 Cents Lessons Of Success

Work hard – I never got a check which could stop me from going out to perform. I do it because I love it, but there are no checks which could replace the feeling that comes with performing in front of thousands of people. That’s why I’m still here doing it today.

Even though you may not know your end goal, Khaled encourages that you at least pursue something. Just like DJ Khaled, you can turn whatever talent or hobby you’re pursuing into a career.

Use your assets – It’s not about having assets. It’s about using those assets as your leverage to make something bigger and better for yourself. Nobody is going to give you anything, so go out there and get it!

Conquer Your Fear – Live your life with no regrets. This is the most powerful tool we have in life. You can’t do anything when you are dead, but before you die, make sure to take some risks and go after what it is you want in life.

Summary

Despite the lawsuit and bankruptcy filing, 50 Cent’s net worth is still thought to be $30 million. He is one of the most important hip-hop artists in history, as well as a successful businessman.

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