Songwriter, Actor,Businessperson, Investor, Film Producer, Rapper, Screenwriter, Entrepreneur,
50 Cent Net Worth
50 Cent is an American rapper, songwriter, television producer, actor, and entrepreneur whose net worth is $30 million. Known for his impact in the hip hop industry, he has been described as a “master of the nuanced art of lyrical brevity”
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. Much more on that filing later in this article. At his peak, 50 Cent’s net worth was $100 million.
Born in the South Jamaica neighborhood of Queens, Jackson began selling drugs at age 12 during the 1980s crack epidemic. He later began pursuing a musical career and in 2000 he produced Power of the Dollar for Columbia Records, but days before the planned release he was shot and the album was never released. In 2002, after Jackson released the compilation album Guess Who’s Back?, he was discovered by Eminem and signed to Shady Records, under the aegis of Dr. Dre’s Aftermath Entertainment and Interscope Records.
With the aid of Eminem and Dr. Dre (who produced his first major-label album Get Rich or Die Tryin’), Jackson became one of the world’s best selling rappers and rose to prominence with East Coast hip hop group G-Unit (which he leads de facto). In 2003, he founded G-Unit Records, signing his G-Unit associates Young Buck, Lloyd Banks and Tony Yayo. Jackson had similar commercial and critical success with his second album, The Massacre, which was released in 2005. He released his fifth studio album, Animal Ambition, in 2014 and as of 2019 is working on his sixth studio album, Street King Immortal. He executive-produces and stars in the show Power, which airs on Starz.
Jackson has sold over 30 million albums worldwide and won several awards, including a Grammy Award, thirteen Billboard Music Awards, six World Music Awards, three American Music Awards and four BET Awards. He has pursued an acting career, appearing in the semi-autobiographical film Get Rich or Die Tryin’ (2005), the Iraq War film Home of the Brave (2006) and Righteous Kill (2008). 50 Cent was ranked the sixth-best artist of the 2000s and the third-best rapper (behind Eminem and Nelly) by Billboard. Rolling Stone ranked Get Rich or Die Tryin’ and “In da Club” in its lists of “100 Best Albums of the 2000s” and “100 Best Songs of the 2000s” at numbers 37 and 13 respectively
