50 Cent is a rapper and record producer with an estimated $150 million net worth, making him one of the wealthiest artists in the hip hop music industry. Many would argue that 50 Cent is one of the most influential rappers in the world with most of his record albums gaining critical as well as commercial success. In 2009, Billboard ranked 50 Cent as the sixth best artist for the 2000s and he was the third best rapper after Eminem and Nelly.
50 Cent’s studio albums The Massacre and Get Rich or Die Tryin’ have been a huge success in terms of record sales, so it’s no surprise that his current net worth is mostly derived from album sales, concert sales, and tour earnings from these albums. On top of that, 50 Cent has also made some rewarding additions to his wealth with investments, film production, endorsements, and acting in TV shows and movies. In spite of 50 Cent’s controversial state of bankruptcy in an ongoing lawsuit, here’s the answer to the question on everybody’s mind: How rich is 50 Cent, really?
|50 Cent Net Worth Comparisons|
|Dr. Dre||$600 million|
|Sean “Puff Daddy” Combs||$700 million|
|Snoop Dogg||$135 million|
|50 Cent Net Worth||$150 million|
Born Curtis Jackson III, 50 Cent grew up in Queens, New York and had an awful upbringing, as his parents were victims of severe drug addiction. He was raised by his mother, who was a cocaine dealer. By the time young Curtis was eight, his mother was drugged and murdered. After her death, he moved in with his grandparents and got involved in the street life. 50 Cent began boxing at a local gym and was eventually pulled into the narcotics business at the age of 12.
After becoming known as a cocaine dealer, 50 Cent was arrested on many occasions and continued dealing drugs to make ends meet. Being on the streets introduced him to the art of rapping and it was during his jail time that he came up with the stage name “50 Cent,” which supposedly was a metaphor for change. As you can imagine, 50 Cent’s early life decisions got him involved in many problems, providing him with money that mostly went into getting him out of jail or back in it.
Signing with Eminem’s Shady Records
In 1988, 50 Cent began working on his musical talents and in addition to making his own tracks, he got into appearing on tracks with other up-and-coming rap artists. His underground track “How To Rob” grabbed the attention of rap stars like Jay Z, DMX, and Kurupt. After surviving a near-fatal shooting in 2001, 50 Cent went ahead with his rapping career and produced a compilation of all his tracks in an album called Guess Who’s Back? In 2002, Eminem discovered the album and invited 50 Cent to meet Dr. Dre in Los Angeles. 50 Cent signed a $1.0 million record deal with Eminem’s Shady Records, a part of Dr. Dre’s record label, Aftermath Entertainment. 50’s No Mercy, No Fear mixtape featured his “Wanksta” track and become his first hit track that paved the way to a studio album deal. His debut album Get Rich or Die Tryin’ released in 2003 and ranked at number one on the Billboard 200 chart.
Record Album Success
50 Cent kept the success going for his next album, The Massacre in 2005; it sold more than a million copies in the first four days. Impressed with his commercial performance, Dr. Dre’s parent label, Interscope Records, gave 50 Cent a shot at his own record label called G-Unit Records, which eventually signed artists like Lloyd Banks and The Game. 50’s G-Unit Records the G-Unit rap group have earned over $125 million in concert sales and record sales, making him a successful record producer. Even though 50 Cent’s following albums Curtis (2007), Before I Self Destruct (2009), and Animal Ambition (2014) did not repeat the success of his debut albums, the rapper is still celebrated for giving us hit singles like “In Da Club,” “Candy Shop,” “21 Questions,” “Ayo Technology,” and “Straight to the Bank.” His music earnings have added more than $100 million to the 50 Cent net worth value.
Endorsements & Investments
50 Cent’s fashion statement says a lot about how rich he really is, considering all the diamond-studded chains hanging that are always hanging around his neck. This makes the rapper quite an appealing choice for endorsing top brands. The rapper has endorsed brands like Vitamin Water and Reebok and has even invested a lot in his own G-Unit line of clothing and accessories. His estimated endorsement salary passes over $4.0 million a year, making him an established face for mainstream popular culture.
50 Cent has invested millions in real estate, liquor companies, and stocks of other privately controlled companies. He has used Twitter to market the companies he’s invested in. He is also involved in South Africa’s mining industry, working with mining billionaire Patrice Motsepe for an excavation of precious metals, like platinum. Moreover, 50 Cent has been promoting boxing events and his holdings in companies like Effen Vodka, SK Energy, and SMS Audio have added huge chunks to his net wealth.
TV & Movie Appearances
50 Cent has acted in several movies and TV shows, giving another boost to his already pumped up net worth. He also also been involved in some of the behind-the-scenes work for movies like The Frozen Ground (2013) and Blood Out (2011), and recently appeared in a small role for last year’s boxing blockbuster Southpaw. The rapper was also seen in Morning Glory (2010), Escape Plan (2013), Last Vegas (2013), and the hit action-comedy Spy (2015). In addition to film, 50 Cent has had countless appearances on television by being a guest on shows like The Howard Stern Show, Jimmy Kimmel Live!, Late Show with David Letterman, and The Tonight Show, and was a producer and host of the reality series 50 Cent: The Money and the Power. He currently stars on and is an executive producer for the television series Power, about a rich New York club owner who moonlights as a drug kingpin.
50 Cent’s Crib & Car Collection
In 2007, 50 Cent was the second wealthiest rapper right behind Jay-Z, and not surprisingly, he bought a $15.0 million mansion in Farmington, Connecticut. Formerly owned by boxing legend Mike Tyson, the 50,000-square-foot house has over 50 rooms and was elegantly designed with luxurious amenities like a Jacuzzi, sauna, gaming room, sports room, salon, and movie theaters for his guests. The place is surrounded by a lake on either side and a thick forest-cover on the other, with a big swimming pool and a gym within the mansion. 50 Cent has been seen cruising around in his Lamborghini Murcielago and Rolls-Royce Phantom.
Apart from him being arrested several times in the beginning of his career, there was one other major blow to 50 Cent’s net worth last year. The rapper shocked everyone by filing for Chapter 11 bankruptcy for protection. 50 Cent declared a $32.0 million debt and has been proving how his wealth isn’t as elaborate as shown in his music videos. It’s speculated that 50 Cent’s “bankruptcy” move is to get rid of paying punitive damages in a sex tape lawsuit, and so far, the rapper has cleared out an actual net worth evaluation closer to just $50 million.
50 Cent’s bankruptcy trials have been developing some shocking turn of events, with his lawyer telling how the rapper “used money” in his videos just to seek the attention of rappers who are generally poor. That being said, these kind of statements are confusing the trade analysts about what’s going on with the rapper and if the 50 Cent brand is still bankable. It’s safe to assume that any possible legal outcome of these bankruptcy trials could very well put 50 Cent’s net worth in major jeopardy.