What is 50 Cent’s Net Worth, Biography | Career | Family and more
50 Cent Biography
Curtis James Jackson III, better known as 50 Cent, was born in Queens, New York, on July 6, 1975. His mother, Sabrina, was a heroin dealer in his childhood neighborhood of South Jamaica. When Jackson was eight years old, his mother died. 50 Cent’s grandmother became his primary source of income after that.
|Full Name||Curtis James Jackson III|
|Birth Place:||South Jamaica, New York, United States|
|Date Of Birth/Birthday:||6 July 1975|
|Age/How Old:||46 years old|
|Height/How Tall:||In Centimetres – 180 cm
In Feet and Inches – 5′ 11″
|Weight:||In Kilograms – 93 kg
In Pounds – 250 lbs.
|Eye Colour:||Dark brown|
|Education:||Andrew Jackson High School|
|Social media Accounts:||Instagram, Facebook, YouTube, and Twitter|
|Kids/Children Name:||Marquise Jackson, Sire Jackson|
|Net Worth:||$40 Million|
Jam Master Jay taught 50 Cent in his basement how to write songs, organize bars, and arrange choruses, among other things. Onyx appeared on his debut album, ‘Shut ’em Down.’ Jackson signed with Columbia Records at the end of the year, and his debut album, “Power of the Dollar,” was released.
“How to Rob” was Jay-most Z’s popular song at the time, according to him and other well-known musicians. It was also one of his best-selling singles. Jackson was assassinated outside his home and shot nine times the same year his album was released.
Curtis James Jackson III, better known as 50 Cent, was born on July 6, 1975, in Queens, New York. His mother, Sabrina, was a drug dealer and raised him in the South Jamaica neighborhood. Jackson was eight years old when she died. 50 Cent was raised by his grandmother after that. He began dealing with narcotics after school when he was 12 years old.
He was arrested in 10th grade after metal detectors at his high school detected him attempting to bring in guns and drug money. He was arrested again in 1994 for selling cocaine to an undercover cop, and he was arrested again when a police search of his home turned up heroin, crack cocaine, and a pistol. He attended boot camp for six months and received his GED.
50 Cent Personal Life | Relationship & More
50 Cent has a son from his previous relationship with Shaniqua Tompkins. In October 1996, Marquise Jackson was born. Tompkins later filed a $50 million lawsuit against Jackson, but the case was dismissed. The two have had numerous feuds on social media.
50 backed President George W. Bush after fellow rapper Kanye West chastised him for his slow response to the Hurricane Katrina disaster in 2005. Later, in 2008, Jackson backed Barack Obama, and in 2016, he backed Hillary Clinton. Jackson does not use drugs or alcohol, despite the lyrics in many of his songs.
In May 2016, while walking through Cincinnati International Airport, Jackson harassed and insulted a janitor by accusing him of being drunk. The janitor turned out to be a teenager who was autistic and deaf. After the video went viral, the teenager’s parents decided to sue 50 Cent. They settled for an apology and a $100,000 donation to Autism Speaks from 50 Cent.
|Girlfriend||Model and influencer Jamira Haines|
|Children||Marquise Jackson, Sire Jackson|
During the six months it took him to recover from multiple injuries that could have killed him, he began to wonder if he was still alive for any reason at all. Eminem quickly discovered 50 Cent, who went on to have a string of hits and become a hugely successful businessman.
Awards and Recognition
50 Cent has been nominated for numerous awards, many of which he has gone on to win. He has received the following awards:
- BET Awards: Best New Artist (2003)
- Male Rap/Hip-Hop Artist of the Year at the American Music Awards (AMA) (2003)
- International Breakout Artist at the British Recording Industry (BRIT) Awards (2004)
- The World Music Awards named him Male Pop Artist of the Year (2003, 2005)
- A list of the Billboard Hot 100’s most popular artists (2005)
- Hustler of the Year at the Hip-Hop Awards (2007)
- Best Rap Duo or Group Performance at the Grammys (Crack a Bottle, 2010)
- Power of the Dollar (2000)
- Rare (2003)
- Get Rich or Die Tryin’ (2003)
- The Massacre (2005)
- Curtis (2007)
- Bulletproof (2007)
- 5 (Murder By Numbers (2012)
- Animal Ambition (2014)
- The Kanan Tape (2015)
Despite the lawsuit and bankruptcy filing, 50 Cent is estimated to have a net worth of between 38 and 40 million dollars. One of his most notable characteristics is that he is both a well-known rapper and a wealthy businessman. 50 Cent has collaborated with a number of well-known rappers, including Dr. Dre, 6IX9INE, and many others.
50 Cent’s Spending Habits
With his impressive earnings over the years, 50 Cent has purchased some truly extravagant items. While much of his previous earnings have gone to various wise investments, 50 Cent is no stranger to mansions and supercars.
He made headlines in 2003 when he paid $4.1 million for Mike Tyson’s old mansion, which included 21 bedrooms, a gym, a casino, and a nightclub. The mansion was said to have cost 50 Cent $72,000 per month in maintenance and financing, with $18,000 in utility costs.
50 has always been interested in cars and has amassed quite a collection from manufacturers such as Lamborghini, Ferrari, and Rolls-Royce over the years. A custom Versace-wrapped Lamborghini Aventador is one of his most unusual car purchases. You know, the one Snoop Dogg took for a spin in.
Ascend to Fame
Eminem discovered Jackson in 2002. Eminem was so taken with “Guess Who’s Back?” that he invited Jackson to meet Dr. Dre in Los Angeles. 50 Cent signed a record deal for $1 million and released “No Mercy, No Fear.” The soundtrack to Eminem’s film “8 Mile” included a song by 50 Cent.
50 Cent shot to fame in 2003 with his debut album “Get Rich or Die Trying.” It debuted at the top of the Billboard charts and sold nearly a million copies in the first four days. In just one week, the lead single, “In Da Club,” became the most-played song in radio history. Interscope soon gave 50 his own label, G-Unit Records.
“The Massacre,” Jackson’s next album, was released in March 2005. It was another smash hit, selling 1.14 million copies in its first four days and remaining at the top of the Billboard charts for six weeks. In 2007, his third album, “Curtis,” debuted at No. 2 on the Billboard 200.
The fourth album, “Before I Self Destruct,” was released in November 2009. Disagreements with his record label forced him to postpone the release of his fifth album, “Street King Immortal,” until November 2012. His studio albums have sold over 21 million units to date.
Offer on Vitamin Water
50 Cent made his most brilliant financial investment when he agreed to take a minority stake in Vitamin Water in exchange for being their celebrity spokesman and lending his name to the “Formula 50” drink. The Coca-Cola Company purchased Vitamin Water from Glaceau for $4.1 billion, making 50 Cent roughly ten times his previous rap earnings.50’s initial equity stake in Vitamin Water was reported to be 10%, which equated to $410 million in his pocket. This figure was widely rejected by investment bankers familiar with the transaction, who suggested that 50’s stake was closer to 2.5 percent, implying that he made $100-$150 million from the sale (before taxes). Not bad!
50 Cent purchased a 17-acre property in Connecticut in 2003, which includes a 50,000-square-foot home with 37 bathrooms, 21 bedrooms, a gym, a casino, and a nightclub. He bought the house from a bank that had recently evicted the previous owner, Mike Tyson, out of foreclosure. 50 Cent paid $4.1 million for the property and then added a private movie theater, infinity pool, and helicopter pad.
We learned from 50’s lawyers during the bankruptcy proceedings that the house typically costs around $72,000 per month to maintain and finance. His utilities alone cost him $18,000 per year. 50 attempted unsuccessfully to sell the home in 2007 for $18.5 million.
He has been attempting to sell the house ever since, with no success. In September 2018, he reduced the price to $4.995 million, but there were no takers. He finally sold the house in April 2019 for $2.9 million, an 84 percent discount from his original offer price and a $1.2 million loss compared to the purchase price alone.
50 Cent’s fame has grown as a result of his illustrious career and multiple studio albums as a professional rapper spanning decades. As 50 Cent continues to produce music and act in films, we’ll update this article with the most recent information, so keep checking back.
what is 50 cent’s net worth is expected to be $40 Million.
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