|Net Worth:||$50 million (mostly from the Vitamin Water deal, which landed him $100 million)|
|Profession/Career:||Rapper, songwriter, actor, television producer, and entrepreneur|
|YouTube Channel:||50 Cent (@50Cent)|
|College:||Did not attend|
|Full Name:||Curtis James Jackson III|
|Date of Birth:||July 6, 1975|
|Place of Birth:||South Jamaica, Queens, New York City|
Frequently Associated With
Who is 50 Cent?
50 Cent, whose real name is Curtis James Jackson III, is an American rapper, songwriter, actor, television producer, and entrepreneur. He rose to fame in the early 2000s with hits such as “In Da Club” and “21 Questions.” His debut album, “Get Rich or Die Tryin'”, released in 2003, was a massive success, selling millions of copies and earning him a Grammy nomination.
Get Rich or Die Tryin’
by 50 Cent
Beyond his music career, 50 Cent has been involved in various business ventures, including the popular drink Vitamin Water, and has produced and appeared in several film and television projects. One of the most notable is the crime drama series “Power,” which airs on the Starz network and has become a significant success.
50 Cent’s life story is notable for its rags-to-riches trajectory. He grew up in the drug-infested South Jamaica Queens neighborhood in New York and faced several challenges, including being shot nine times in an assassination attempt in 2000. His experiences informed much of his music, and his gritty, honest storytelling earned him legions of fans worldwide.
Over time, 50 Cent has also been a controversial figure, known for his feuds with other artists and public figures. But that’s also what makes him such a great and entertaining figure to follow.
50 Cent’s Net Worth
50 Cent’s net worth is estimated to be around $50 million, most of it coming from the Vitamin Water deal, which landed him $100 million on its own.
What we know about 50 Cent:
- He made roughly $100 million from his deal with Vitamin Water. This hefty payday came when Coca-Cola acquired Vitamin Water from the original company Glaceau for $4.1 billion. He is known to have said, “People were talking about how much money I made ($100 million), but I was focused on the $4.1 billion that Glaceau made. I think I can do bigger deals in the future.”
- 50 Cent, according to Rick Ross, made $250k from the first season of BMF.
- For the show “Power,” 50 Cent made around $17k per episode. With the number of episodes being over 60 in total, that’s roughly $1 million that he’s made from the show alone.
- Prior to the release of his debut album “Get Rich Or Die Tryin’,” 50 Cent reported that he was making roughly $800 a month. After the release of the album, he went from rags to riches. His album has been certified six-times platinum, earning him an estimated $38 million after he came back from his tour that year.
- At one point, 50 Cent held around $8 million in Bitcoin. His holdings are unclear at the current moment, but he is known to have made at least $460k in Bitcoin sales at least. This came from an unorthodox decision to accept Bitcoin for his album “Animal Ambition,” but it paid off, even if it was in part in an accidental manner.
- For the Super Bowl LVI Halftime Show that he performed with Dr. Dre, Eminem, Kendrick Lamar, Snoop Dogg, and Mary J. Blige, 50 Cent made $0. So did the rest of the crew. In fact, Dr. Dre ponied up $7 million of his own money to make his epic show happen.
50 Cent’s Early Life and Childhood
50 Cent had a challenging early life and childhood that significantly influenced his later music and career.
Birth and Family: Curtis James Jackson III was born on July 6, 1975, in South Jamaica, a neighborhood in the borough of Queens in New York City. He never knew his father, and his mother, Sabrina, was a drug dealer.
Mother’s Death: When 50 Cent was only eight years old, his mother died in a mysterious fire. Sabrina was only 23 years old when she passed away, leaving young Curtis to be raised by his grandmother.
Introduction to Crime: Following in the footsteps of his mother, 50 Cent began selling drugs at the age of twelve during the 1980s crack epidemic. He brought guns and drugs to school, leading to his eventually being sent to a boot camp-style correctional facility.
Brushes with Death: As he became more involved in drug dealing, 50 Cent faced numerous life-threatening situations. The most famous of these incidents occurred in 2000 when he was shot nine times at close range. He spent several days in the hospital and went through a long recovery process. This experience, along with others from his youth, became central themes in his music.
Early Interest in Music: While still involved in criminal activities, 50 Cent began to take an interest in music. He was introduced to Jam Master Jay of Run-DMC by his then-girlfriend. Jam Master Jay taught him how to count bars, write choruses, structure songs, and make records. This was his first formal introduction to the music industry.
Rise in the Music Industry: 50 Cent’s early music endeavors, combined with his street credibility due to his tumultuous past, caught the attention of influential people in the music industry. His first significant break came with the controversial track “How to Rob,” which detailed how he would rob various famous artists. The song caught the attention of several industry figures, including Jay-Z, DMX, and Big Pun, and helped him gain traction in the hip-hop community.
The struggles and challenges 50 Cent faced during his early life and childhood became foundational elements of his music, contributing to his authenticity and appeal to many of his fans.
50 Cent’s Business Ventures and Philanthropy
50 Cent is not just known for his illustrious career in music but also for his remarkable business acumen and charitable endeavors. Over the years, he has ventured into various business domains, one of the most notable being his investment in Vitamin Water. The savvy business move led to a substantial payout when the brand was bought by Coca-Cola. Beyond beverages, 50 Cent has explored the world of entertainment, producing the hit television series “Power” and even venturing into the world of headphones with his SMS Audio brand.
50 Cent’s journey as an entrepreneur also extended into the realm of apparel and footwear with his G-Unit Clothing Company, which at its peak, saw significant retail sales and had partnerships with major outlets. Beyond traditional businesses, he embraced the digital era wholeheartedly. He developed an interest in mobile apps, one of which was the “50th Law” mobile app, an interactive adaptation of the book he co-authored with Robert Greene.
In the realm of film and television, he not only produced but also acted in various projects. His venture into the world of film began with the semi-autobiographical drama “Get Rich or Die Tryin'” in 2005, where he played the lead role. The film, directed by Jim Sheridan, chronicles the life of a young drug dealer who turns away from crime to pursue his passion for rap music.
Post the release of “Get Rich or Die Tryin'”, 50 Cent starred in a number of films, showcasing his versatility as an actor. “Righteous Kill” (2008) saw him sharing screen space with legends Al Pacino and Robert De Niro. He also took on roles in films like “Home of the Brave” (2006), where he portrayed a soldier returning home from the Iraq War, and “Freelancers” (2012) where he starred alongside Robert De Niro and Forest Whitaker.
In addition to acting, 50 Cent has been involved in film production. He founded the production company G-Unit Films and Television Inc., which has been responsible for producing a variety of content. Through this venture, he showcased his prowess as a producer with films like “Gun” (2010), in which he also starred, and “Setup” (2011), starring Bruce Willis.
One of his most notable contributions in the realm of television production has been the immensely popular crime drama series “Power,” where he served not only as an executive producer but also occasionally stepped in front of the camera in the role of Kanan Stark. “Power” went on to spawn spin-offs, expanding the universe of the show and solidifying 50 Cent’s position as a television mogul.
Furthermore, his involvement in “For Life,” a legal drama series based on the life of Isaac Wright Jr., who was wrongfully convicted and then became a licensed attorney, has been significant. 50 Cent not only produced the series but also had a recurring role, highlighting his continual blend of creative and executive roles in the industry.
However, his successes aren’t confined solely to profit-making; Jackson is equally recognized for his philanthropic efforts. He has made significant contributions to various causes, such as supporting initiatives focused on education and providing for disaster relief efforts.
His philanthropic endeavors further expanded with the formation of the G-Unity Foundation, aimed at providing grants to non-profit organizations that focus on improving the quality of life for low-income or underserved communities. This foundation has been instrumental in various projects, including the renovation of parks and providing school supplies to children.
In 2012, he also made a commitment to feed a billion people in Africa. To this end, Jackson partnered with Pure Growth Partners to launch the Street King energy drink; every purchase supported a child in need.