Born Curtis Jackson, 50 Cent is probably one of the most recognizable rappers in the world today, with a music career that stretches back to the early 2000s.

Credit: TheBlast

Now, between 2021 and 2022, 50 Cent is worth only $40 million to $60 million. However, lavish spending and expensive court cases ended in him filing for level 11 bankruptcy in 2015.

In 2007, 50 Cent’s net worth soared with the sale of the mineral water company, Glaceau. He was instantly worth over $100 million from that deal alone. 

It all started for 50 Cent with rap music. In 2002, Eminem discovered his latest mix tape at the time – "Guess Who’s Back!" He signed the artist to an initial $1M dollar deal. 

In 2003, his album "Get Rich or Die Trying" was a resounding success, selling 1 million copies in its first 4 days of release. 50’s fame grew massively from then on in.

50 Cent finally ended up with his own record label, called G-Unit Records. He also established a clothing brand to complement the label and to add to his business.

He also took on various movie roles in television and eventually became a co-executive producer for the highly acclaimed "Power" TV series that was aired on Starz from 2014 to 2020.

His biggest financial success was with his involvement with Glaceau Vitamin Water. He managed a last-minute buy-in to the company and derive almost 10% equity in the business. 

Credit: The Drum

Coca-Cola eventually bought the brand for a whopping $4.1 billion. Investment bankers at the time revealed that the sum he earned was closer to $100M to $150M.

But 50 Cent’s luxury lifestyle was not the only drain on his net worth. Court costs and mandated punitive damage payouts were also a big dagger to the heart of his wealth.

50 Cent revealed in bankruptcy proceedings that he owned assets valued at between $20 million and $50 million, with about as much debt to his name.

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