50 Cent – Net Worth, Money and More

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Net worth: $ 125 million

50 cent

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

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!

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

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