This Is How 50 Cent Rebuilt His Net Worth After Going Bankrupt

Posted by Christie Applegate on Sunday, April 21, 2024

Highlights

  • After filing for bankruptcy in 2015, 50 Cent has controlled to rebuild his net worth.
  • Some of 50 Cent's most profitable monetary achievements previous to 2015 come with a $a hundred and fifty million care for Vitamin Water.
  • 50 Cent has additionally found luck in the appearing industry, signing a four-year care for Starz Network.

Considered the final of a demise breed of rappers within the hip-hop community, Curtis Jackson III, higher referred to as 50 Cent, took the sector by means of hurricane in the early 2000s with his underground gangster-rap music style. His actual life reports as a drug broker added a component of intensity and authenticity to his personality, which simplest added to his huge success as a musical artist and actor.

After promoting 12 million copies of his debut album, 'Get Rich or Die Tryin', and going on multiple industry ventures, by means of 2010, 50 Cent's net worth used to be a staggering $500 million. Then, the rapper recklessly blew thru $470 million and went bankrupt in 2015. However, he is managed to rebuild his net worth since then, and this is how he did it.

6 What Is 50 Cent's Current Net Worth?

Net Worth: $Forty million

At the start of his profession, 50 Cent hit the bottom working with chart-topping albums, his own online game, a e-book deal, a $a hundred and fifty million deal with Vitamin Water, and even a boxing promotion corporate called The Money Team, which he based with Floyd Mayweather in 2012. But after submitting for chapter because of gross mismanagement of finances followed via quite a lot of felony troubles, 50 Cent has restored a net worth of $40 million.

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50 Cent bought over 30 million albums worldwide from his debut album with the assistance of Eminem and Dr. Dre, who signed him to Shady Records and Aftermath Entertainment. He additionally helped to post his personal action video game called '50 Cent: Bulletproof', which sold greater than 2.Five million copies. His net worth also increased with a series of books he wrote under his personal publishing imprint called G-Unit Books, the first of which was once called 'From Pieces to Weight', earning him $1.9 million.

These are some of 50 Cent's maximum profitable monetary achievements previous to 2015:

Business Venture/Endorsement

Revenue Gained

Year

Vitamin Water (Glaceau & Coca-Cola)

$100-$150 million

2007

G-Unit Books

$1.9 million

2005

Ecko/G-Unit Clothing Line

$75 million

2006

50 Cent: Bulletproof Video Game

$one hundred twenty five million

2005

Music Album Sales & Tours

$2 hundred million

2003-2014

5 How Much Has 50 Cent Made From His Deal With Starz Network?

Starz Network Deal Cost: $150 million

Even with a booming music profession at his top of luck, 50 Cent temporarily branched into performing and located really extensive success in that box. In 2018, he signed a four-year maintain Starz Network which came as an investment in his drama collection, 'Power'. The deal consists of a three-series commitment which could end up to be worth up to $150 million. Power has proved to be a hit series with an average of 7.3 million viewers or even gained 3 2018 NAACP Image Awards along with being the most watched Starz Network series in historical past.

As a success as the sequence has been, 50 Cent was most effective paid $17,000 in keeping with episode to wear the hats of actor, govt producer, and track creator for the sequence, consistent with HipHopDX. There are an estimated 10 episodes in line with season, which means that he is making no less than $170,000. Between June 2014 and February 2020, the display aired 63 episodes in total, which means that it made $1.07 million in overall.

4 How Much Did 50 Cent Make From His Shares In Effen Vodka?

Effen Vodka Returned Investment: $60 million

Skillful as he is as a businessman, 50 Cent has confirmed to be strategic in his investments. In 2014, he partnered with the Holland-based vodka logo, Effen Vodka, and bought a minority stake in the company. Although the 'Candy Shop' rapper admittedly doesn't drink alcohol, smoke, or do different drugs, he capitalized at the needs of those who do, particularly in the track trade. He would steadily be noticed promoting Effen Vodka in song videos and commercials.

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However, in 2017, DJ Envy from The Breakfast Club announced that 50 Cent had sold his share in Effen Vodka for $60 million. Jackson later went on to confirm this in an Instagram post which read: "I got the bag, EFFEN Vodka Can you say 60M's since they like counting my money DO THE MATH. Lol." This was once just the start of the restoration of his wealth just two years after mentioning chapter.

3 How Much Is 50 Cent Paid To Act In Movies?

Total Number of Films: 25

Ever since his debut acting role in Get Rich or Die Tryin', 50 Cent has felt a calling to the movie business, in spite of the film being a bomb on the box workplace. Besides his appearance in the TV series Power and Power Book II: Ghost, he has additionally lately been in a few newer films, a lot of them with A-list actor Sylvester Stallone. Earlier this 12 months, on September 22, (*50*), the fourth installment in The Expendables movie sequence.

50 Cent's Get Rich or Die Tryin' movie become a cult vintage and showcased his acting attainable, surroundings him up for long term appearing opportunities. At the time, the multi-million-dollar success of his music and other ventures allowed him to speak with movie manufacturer Avi Lerner, who shared business ideas with Jackson. This inspired him to develop his own film manufacturing company, known as Cheetah Vision, which he co-founded in 2009 with Randall Emmett.

50 Cent was once then ready to land a $200 million deal for the corporate, which might fund and liberate 10 movies to be disbursed through Gindstone/Lionsgate. Each of the flicks would have a budget of $20 million every, and Jackson was ready to pay himself $10 million for his position in them.

These are a few of 50 Cent's maximum notable films of his appearing occupation:

Film/Year of Release

Notable Actors

Box workplace gross sales

Get Rich or Die Tryin' (2005)

Terrance Howard, Joy Bryant, Bill Duke, Ashley Walters

$46.Four million

Home of the Brave (2006)

Samuel L. Jackson, Jessica Biel

$499,620

Righteous Kill (2008)

Robert De Niro, Al Pacino, Carla Gugino

$79.Four million

Freelancers (2012)

Forest Whitaker, Robert De Niro

$456,350

The Frozen Ground (2013)

Nicolas Cage, John Cusack

$5.6 million

Escape Plan (2013)

Sylvester Stallone, Arnold Schwarzenegger, Jim Caviezel

$137.Three million

The Expendables 4 (2023)

Jason Statham, Sylvester Stallone, Megan Fox, Andy Garica

$51 million

2 How Much Does 50 Cent Get Paid For Stage Performances?

Salary Per Peformance: $1 million

Amid all the financial woes and legal troubles 50 Cent has had through the years, he has nonetheless controlled to stick related within the leisure industry, even if it means being arguable at times. And even if he hasn't launched an actual song album since 2014, his songs are so iconic that he is able to demand an enormous wage for level performances.

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According to Business Insider, 50 Cent charges $900,000 to $1 million for his are living performances. As a rap artist who understands the ability of being a global famous person, he knows that he is still beloved by means of countless lovers world wide who are willing to pay to look him in the flesh. Now, that's a person who is aware of his self-worth.

1 How Much Is 50 Cent's Real Estate Portfolio Worth?

Maintenance Cost: $72,000 Per Month

Shortly after the luck of his first album in 2003, 50 Cent purchased a 50,000 square-foot residence perched atop 17 acres of belongings in Connecticut. The estate, which previously belonged to Mike Tyson, used to be bought for $4.1 million, plus Jackson spent an extra $6 million on upgrades comparable to a private film theater and a helicopter pad. But the house quickly proved to be an excessive amount of to handle, and via 2007, he used to be eager to promote it.

However, 50 Cent did not to find immediate success in selling the valuables. It used to be most effective in 2019, at an 84% loss, that he used to be in a position to promote the home for $2.Nine million. This proved to be another one in every of his primary monetary miscalculations early in his occupation.

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