American Rapper 50 Cent Net Worth
According to Forbes 50 Cent is an American rapper, producer, actor, and entrepreneur. As of this writing, 50 Cent’s net worth is $40 million. During his career to date, 50 Cent has earned at least $260 million from his various endeavors, notably selling records, touring, and several brand partnership deals.
Unfortunately, he has also spent lavishly (especially on real estate, cars, and lawsuits), which caused him to file for Chapter 11 bankruptcy in July 2015.
As of 2022, 50 Cent’s net worth is estimated to be $30 million, which is a huge drop from recent years, when his net worth was declared at $150 million by wealthy goralla.
He is one of the richest rappers in the world, despite the news stories on the lawsuit that’s been filed against him, and the decision to file for bankruptcy. This decision is believed to be purely to try and get himself out of paying millions of dollars.
Aside from dominating the rap world, 50 has long been praised by his peers for his business acumen. Not only has he launched successful clothing and footwear lines, but he’s also crossed over into the television world.And with a number of successful shows under his belt, 50 has become the well-rounded entrepreneur that many people aspire to be. Basically, 50 is rolling in dough, and many want to know more about his net worth. Keep reading to get the full scoop.
50 Cent Profile
Net Worth: | $30 Million |
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Age: | 45 |
Born: | July 6, 1975 |
Country of Origin: | Unites States of America |
Source of Wealth: | Professional Rapper |
Last Updated: | March 12 2022 |
Life Story/History
According to Celebraty Net Worth 50 Cent was born Curtis James Jackson III on July 6, 1975, in Queens, New York City. He was raised in the South Jamaica neighborhood by his mother, Sabrina, who was a drug dealer. She died when Jackson was just eight years old. 50 Cent was then raised by his grandmother.
At age 12, he began dealing narcotics after school. In 10th grade, he was arrested when he was caught by metal detectors at his high school attempting to bring in guns and drug money. He was again arrested in 1994 for selling cocaine to an undercover police officer, and was arrested again when a police search of his home uncovered heroin, crack cocaine, and a pistol.
He served six months in a boot camp and earned his GED.
Career
50 Cent began rapping in his basement, and was taught by Jam Master Jay, on how to write songs, structure bars and create choruses etc. His first ever feature was within the album ‘Shut ‘em Down’ by Onyx.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.
Personal life
50 Cent has a son with former girlfriend Shaniqua Tompkins. Marquise Jackson was born in October 1996. Tompkins later sued Jackson for $50 million, but the suit was dismissed. The two have feuded over social media many times.50 supported President George W.
Bush in 2005 after fellow rapper Kanye West criticized the president for a slow response to the Hurricane Katrina disaster. Jackson later supported Barack Obama in 2008 and Hillary Clinton in 2016.
Despite the lyrics found in many of his songs, Jackson does not partake in drugs or alcohol.In May 2016, after walking through Cincinnati International Airport, Jackson harassed a janitor at the airport and insulted him when he accused the janitor of being under the influence.
As it turned out, the janitor was an autistic and hearing impaired teenager. The video went viral and the parents of the teenager wanted to sue 50 Cent. They settled for 50 Cent’s donation of $100,000 to Autism Speaks and an apology.
50 Cent Awards
•BET Awards – Best New Artist (2003)
•American Music Awards – Favorite Rap/Hip-Hop Male Artist (2003)
•BRIT Awards – International Breakthrough Artist (2004)
•World Music Awards – World’s Best Selling Pop Male Artist (2003, 2005)
•Billboard Music Awards – Top Hot 100 Artist (2005)BET Hip-Hop Awards – Hustler of the Year (2007)
•Grammy Awards – Best Rap Performance by a Duo or Group (Crack a Bottle, 2010)
Conclusion
Let’s be honest: Most hip-hop fans always include these four rappers in their Top 10 list of all time: Jay-Z, The Notorious B.I.G, Tupac, and Nas. The impact these MCs have had on the game is unmatched.
Many rappers have shared their opinions about the best rappers dead or alive, but 50 Cent has reignited the conversation after making a declaration that he is in the Top 10 list.
On Dec. 20, 2021, 50 took to Instagram and announced that his next album may be his last, while also dubbing himself one of the Top 10 MCs of all time.