50 Cent Net Worth (Money & Salary)

50 Cent Net Worth (Money & Salary)

50 Cent Net Worth (Money & Salary) February 9, 2025

What is the net worth of 50 Cent?

American rapper, producer, actor, and entrepreneur, 50 Cent, has a net worth of $40 million. Rising to worldwide fame in the early 2000s with his debut album “Get Rich or Die Tryin'”, which went platinum multiple times and featured hits like “In Da Club”. His subsequent albums, including “The Massacre”, also achieved considerable success. Known for his unique style, blending aggressive lyrics with catchy hooks, 50 Cent has sold millions of albums globally. He has also excelled in business, notably through his investment in Vitamin Water, which resulted in a substantial payout when the company was acquired by Coca-Cola. Additionally, 50 Cent has made successful forays into film and television, both as an actor and producer. His semi-autobiographical series “Power” has been a success, leading to several spin-offs.

Throughout his career, 50 Cent has earned at least $200-300 million from various ventures, including record sales, tours, and brand partnerships. However, lavish spending on real estate, cars, and legal battles led to him filing for Chapter 11 bankruptcy in July 2015. Prior to the bankruptcy, 50 Cent’s fortune had surpassed $100 million.

Key Facts
  • Received $1m advance for first album
  • Has sold more than 30 million albums worldwide
  • Earned $100-$150 million off Vitamin Water sale
  • Filed for bankruptcy in June 2015
  • In October 2018 signed a deal with STARZ that could be worth $150 million over time

Early Life

Curtis James Jackson III, known as 50 Cent, was born on July 6, 1975, in Queens, New York City. Raised in the South Jamaica neighborhood by his mother, Sabrina, who was a drug dealer. After his mother’s death when he was just eight, his grandmother raised him. At 12, he began dealing drugs after school. Arrested in 10th grade for attempting to bring guns and drug money to school, he faced further arrests in 1994 for selling cocaine to an undercover officer and later for possessing heroin, crack cocaine, and a gun. He served six months in boot camp and obtained his GED.

Early Career and Shooting

50 Cent’s fame rose with the release of the controversial single “How To Rob”. Despite being shot and hospitalized in May 2000, he signed a publishing deal with Columbia Records while in the hospital. Later blacklisted by the US recording industry, he recorded songs in Canada to build his popularity. His mixtape “Guess Who’s Back?” came out in 2002.

Rise to Fame

Discovered by Eminem in 2002, 50 Cent signed a $1 million contract and released “No Mercy, No Fear”. The success continued with his debut album “Get Rich or Die Trying” in 2003, which sold nearly a million copies in four days. Subsequent albums like “The Massacre” and “Curtis” also achieved immense success, with over 21 million units sold to date.

50 Cent Net Worth (Money & Salary)

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Other pursuits

In addition to his music career, 50 Cent founded G-Unit records, a clothing company, and ventured into acting alongside legends like Al Pacino and Robert De Niro. He established a boxing promotion company, The Money Team, in 2012.

Bankruptcy Filing

Reported on July 13, 2015, by the Wall Street Journal, 50 Cent filed for Chapter 11 personal bankruptcy protection.

Living in Mike Tyson’s old mansion at the time of filing, the bankruptcy was initiated in the US bankruptcy court in Hartford, Connecticut, where 50 Cent was a resident.

In Farmington, CT 06032, 50 Cent’s reported assets in the filing were valued in the range of $10 million to $50 million, with claimed debts of equal amounts. The filing came days after a jury ordered 50 to pay Rick Ross’ ex-girlfriend, Lavonia Leviston, a $5 million judgment for intentionally releasing a sex tape featuring her. The judgment comprised $2.5 million for using her image without permission and another $2.5 million for emotional distress. Before punitive damages were determined, another judge earlier ordered 50 to pay $17.5 million in damages related to a trademark infringement case. The total potential legal judgments amounted to $22.5 million before any additional punitive damages.

The bankruptcy filing was a strategic move for several reasons: To prevent the judgment creditor (Lavonia Leviston) from disrupting business operations, negotiating the $5 million judgment down, and avoiding further punitive damages. 50 Cent explained the move as a precaution to protect himself from extravagant claims due to his success. His lawyer stated that the filing allows Mr. Jackson to retain involvement in business interests and entertainment while reorganizing his financial matters.

50 Cent made a significant financial investment by securing a minority stake in Vitamin Water in exchange for endorsing the brand and the “Formula 50” drink. Coca-Cola’s acquisition of Glacéau, the maker of Vitamin Water, in 2007 for $4.1 billion, reportedly earned 50 Cent substantially more than his music career income to that point.

Annual earnings ranged from $32 million in 2007 to $4 million in 2019, totaling $261 million over the years. In July 2017, the unconfirmed reports suggested 50 sold his minority stake in Effen Vodka for $60 million. In October 2018, he signed a lucrative four-year overall deal with Starz cable network.

In his personal life, 50 Cent has a son with former girlfriend Shaniqua Tompkins. He engaged in political endorsements and has had public conflicts, including an incident with an autistic teen. 50 Cent owns a lavish Connecticut mansion, purchased from Mike Tyson, which he sold at an 84% discount in April 2019 after attempting to sell it unsuccessfully since 2007.


[aio_post_title] Data is from 2023 and 2024 with forecast data for 2025, 2026, 2027, and 2028.
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