50 Cent – Net Worth, Money and More
Net worth: $ 125 million
50 cent
50 cent is an American rapper, actor, investor and entrepreneur. With a net worth of $ 125 million, he is one of the richest figure in Hip Hop. He is also the front-man of the New York based Hip Hop group ‘G-unit’. 50 cent has sold more than 30 million albums world wide and has won numerous awards including a Grammy. His real name is Curtis Jackson III.
Early life
Jackson was born on July 6, 1975 in South Jamaica. His mother, Sabrina, was 15 year old when he was born. Jackson was raised solely by his mother. When he was 8 years old his mother passed away. He then lived with his Grand parents. At the age of 12, Jackson started selling drugs in the streets. He was accustomed with guns and drugs by the age of sixteen. He once got caught in school when they used Metal Detectors. Although Jackson admitted that he never used the drugs he used to sell. Jackson adopted the nickname 50 cent for a change. The name was inspired by a Brooklyn Robber, Kelvin Martin.
Rapping career
50 cent
The 21-year old Jackson started rapping in a friend’s basement. He was soon introduced to Jam master Hay( Run-DMC fame). Jay taught Jackson to write rhymes, count bars and make verses sound better. Jackson released his first unofficial album, Shut em’ down. It was not a commercial hit though 50 cent did receive some underground attention. As a result, Nas took him on his tours. He was supposed to record videos for the album but Jackson got shot 9 times 3 days before. He was severely injured and it was a miracle for him to recover. He was back from the hospital in 15 days and recovered fully within a period of 5 months. Jackson recalls the incidence, “It happens so fast that you don’t even get a chance to shoot back…. I was scared the whole time…. I was looking in the rear-view mirror like, ‘Oh @#!*% , somebody shot me in the face! It burns, burns, burns. After I got shot nine times at close range and didn’t die, I started to think that I must have a purpose in life… How much more damage could that shell have done? Give me an inch in this direction or that one, and I’m gone”.
After fully recovering, Jackson released a mix tape named Guess who’s back?. Eminem through a source got hold of the CD and invited Jackson to fly to Los Angeles. Dr. Dre and Eminem, highly impressed by 50 cent, decided to sign him to a $ 1 million dollar deal. 50 cent’s subsequent album Get rich or Die tryin‘ was declared 8 times platinum. It sold 872,000 copies in the first four days. 50 cent launched his own G-unit records shortly after that.
His subsequent project, The Massacre, was a successful venture as well selling 1.14 Million copies. Rolling stone cited to 50 cent, “50′s secret weapon is his singing voice - the deceptively amateur-sounding tenor croon that he deploys on almost every chorus”. In 2007 Cutis was released which sold about 691,000 units in the first week. 50 cent has been a prominent figure in Hip Hop since 2003.
Business ventures
50′s Mansion!
Jackson has ventured into various businesses and is a shrewd entrepreneur. In 2003, he launched the G-unit sneakers in collaboration with Reebok. Jackson has also founded two film producing companies, G-unit films and Cheetah vision. Jackson recently shifted his business efforts to Philanthropy. He launched an energy drink called Street king. A large portion from its sale will go to charity. He also founded a company named SMS audio and it sells headphones. He lives in the former house of ace boxer Mike Tyson.
Awards and Accolades
50 Cent has won five awards from seven nominations at the annual American Music Awards:
| Year | Nominated work | Award | Result |
|---|---|---|---|
| 2003 | 50 Cent | Favorite Rap/Hip-Hop Male Artist | Won |
| Get Rich or Die Tryin’ | Favorite Rap/Hip-Hop Album | Won | |
| 50 Cent | Fan’s Choice Award | Nominated | |
| 2005 | The Massacre | Favorite Rap/Hip-Hop Album | Won |
| 50 Cent | Favorite Pop/Rock Male Artist | Nominated | |
| 50 Cent | Favorite Rap/Hip-Hop Male Artist | Nominated | |
| 50 Cent | Artist of the Year | Nominated |
Billboard Awards :
| year | Nominated work | Award | Result |
|---|---|---|---|
| 2003 | Get Rich or Die Tryin’ | Album of the Year | Won |
| 50 Cent | Artist of the Year | Won | |
| “In Da Club” | Hot 100 Single of the Year | Won | |
| 50 Cent | R&B/Hip-Hop Artist of the Year | Won | |
| 50 Cent | Rap Artist of the Year | Won | |
| 50 Cent | Hot 100 Male Artist of the Year | Won | |
| 2004 | “In da Club” | Ringtone of the Year | Won |
| “P.I.M.P.” | Ringtone of the Year | Nominated | |
| 2005 | 50 Cent | Artist of the Year | Won |
| 50 Cent | Hot 100 Artist of the Year | Won | |
| The Massacre | Album of the Year | Won | |
| 50 Cent | R&B/Hip-Hop Artist of the Year | Won | |
| 50 Cent | Rap Artist of the Year | Won | |
| “Candy Shop” | Ringtone of the Year | Won | |
| The Massacre | R&B/Hip-Hop Album of the Year | Nominated | |
| The Massacre | Rap Album of the Year | Nominated | |
| “Candy Shop” | Rap Song of the Year | Nominated | |
| “How We Do” | Rap Song of the Year | Nominated |
Grammy awards:
| Year | Nominated work | Award | Result |
|---|---|---|---|
| 2004 | 50 Cent | Best New Artist | Nominated |
| “In da Club” | Best Male Rap Solo Performance | Nominated | |
| Best Rap Song | Nominated | ||
| “Magic Stick” (with Lil’ Kim) | Best Rap Performance by a Duo or Group | Nominated | |
| Get Rich or Die Tryin’ | Best Rap Album | Nominated | |
| 2006 | “Disco Inferno” | Best Male Rap Solo Performance | Nominated |
| “Encore” (with Eminem & Dr. Dre) | Best Rap Performance by a Duo or Group | Nominated | |
| “Hate It or Love It” (with The Game) | Nominated | ||
| “Candy Shop” | Best Rap Song | Nominated | |
| “Hate It or Love It” | Nominated | ||
| The Massacre | Best Rap Album | Nominated | |
| 2008 | “I Get Money” | Best Rap Solo Performance | Nominated |
| “Ayo Technology” (with Justin Timberlake & Timbaland) | Best Rap Song | Nominated | |
| 2010 | “Crack A Bottle”(with Eminem & Dr. Dre) | Best Rap Performance By A Duo Or Group | Won |
