50 Cent is a well-known rapper and actor, allowing him to amass a net worth of $40 million. 50 Cent has released hit songs such as “In da Club,” “P.I.M.P.,” “I’m the Man,” “Inferno,” “Window Shopper,” “Ayo Technology” and many more. He is also a Primetime Emmy Award winner and an American Music Award winner. Let’s look at 50 Cent’s net worth in 2024.
What is 50 Cent’s net worth in 2024?: $40 million (estimate)
50 Cent’s net worth in 2024 is $40 million. This is according to reputable outlets such as Celebrity Net Worth.
50 Cent, whose real name is Curtis James Jackson III, was born on July 6th, 1975, in Queens, New York. He attended Andrew Jackson High School. During this time, 50 Cent engaged in boxing and rapping. However, after 50 Cent’s mother passed away, things got out of control for the famous rapper.
As early as 12, police arrested 50 Cent on drug-related charges while he was in class. Three weeks later, he was caught by the police again selling cocaine. For 50 Cent, it was a means of financial security.
50 Cent's early rap career
The judge presiding over 50 Cent's case chose to be sent to a boot camp instead of prison. There, he also earned his GED. 50 Cent eventually turned to music as his means of escape. He eventually inked a deal with Columbia Records that included a signing bonus worth $65,000. Taking inspiration from robber Kelvin Martin's nickname, 50 Cent coined his rap name as a sign of change and putting in the work to survive.
In 2000, 50 Cent was supposed to drop his debut studio album “Power of the Dollar”. However, after he was the victim of a shooting, the album was never released, and Columbia Records ended its partnership with 50 Cent. This led to him signing with Shady Records on a deal worth $1 million.
With the guidance of Dr. Dre, it wasn't long before 50 Cent finally hit it big time.
Three years after the failed release of Power of the Dollar, 50 Cent dropped the album “Get Rich or Die Tryin’.” Headlined by the hit song “In Da Club,” the album would sell 12 million copies worldwide and became certified 9x Platinum. “Get Rich or Die Tryin'” sold 872,000 units and topped the Billboard charts during its first week.
After breaking out with “Get Rich or Die Tryin’,” 50 Cent became one of the most notable rappers in the industry. He eventually released other notable albums including “The Massacre,” “Curtis,” “Before I Self Destruct,” “Guess Who’s Back” and many more. As of this writing, 50 Cent has sold over 30 million album copies.
50 Cent's concert income
Aside from album sales, 50 Cent also earns income from his concerts. 50 Cent confessed that he used to make $80,000 per concert. However, after hitting it big, that paycheck has increased to $1 million.
One of his most notable performances was the Super Bowl LVI halftime show alongside fellow established musical artists Snoop Dogg, Dr. Dre, Eminem, Kendrick Lamar, and Mary J. Blige. Although 50 Cent and the other performers weren’t paid a single dime, the iconic performance earned 50 Cent his first Primetime Emmy Award, the first time an Emmy was awarded to a Super Bowl Halftime concert. Despite the accolades, 50 Cent later admitted hanging upside down during the concert was a mistake.
50 Cent's business success
While 50 Cent has carved out a decorated career as a rapper, in 2015 he had to file for bankruptcy. After a scandalous affair with Lastonia Leviston and a trademark infringement case, the rapper had to pay $22.5 million for his legal troubles.
Although his earnings took a hit, 50 Cent made up for it with his smart business decisions. The rapper had a stake in Effen Vodka, one he sold via buyout for a whopping $60 million.
Furthermore, 50 Cent signed a four-year contract with STARZ to air his TV series “Power,” a deal worth up to $150 million. 50 Cent also runs the show “Black Mafia Family” on the same network. While the Emmy Award winner eventually ended his partnership with STARZ in ugly fashion, 50 Cent recently agreed to a long-term broadcast deal with network giant FOX.
However, 50 Cent earned the most from his stake in Vitamin Water. The Coca-Cola Company eventually bought Vitamin Water in a $4.1 billion acquisition. According to sources, 50 Cent reportedly bagged at least $100 million as part of the sale.
Another business he owns is Sire Spirits, which 50 Cent is trying to sell in all NBA arenas. He reportedly attempted to purchase the BET Network in a partnership with Shaquille O'Neal, among others.
However, his brand and future earning potential may have taken a hit when 50 Cent expressed support for Bill Cosby.
Nevertheless, were you stunned by 50 Cent’s net worth in 2024?
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