50 Cent is a famous American rapper that was born under the name Curtis James Jackson III. He has also acted in films and is an entrepreneur, as he has started many of his own businesses.
He was born in the South Jamaica area of New York, where he eventually begin pursuing a music and rapping career.
Since 50 Cent is one of the most famous American rappers, many people wonder about his net worth and his professional career.
Keep reading to find out how much 50 Cent is worth and if he is one of the richest rappers in the world.
Who is 50 Cent?
50 Cent is an American rapper who is known worldwide. He released one of his first albums in 2002. After the release, he was discovered by Eminem, who helped get him signed to Shady records.
He has sold over 30 million albums worldwide and has won Grammys, Billboard Music Awards, World Music Awards, and American Music Awards.
Not only is he a rapper, but he has starred in many different movies. Most of them were crime thrillers and other action-based movies.
What is 50 Cent’s Net Worth in 2023?
50 Cent’s net worth is said to be about $30 million. This might seem like a lot, but he was actually valued at over $150 million at some point in time.
He lost most of his money in just a few short years, though. He, unfortunately, made some very poor business investments and had a plummeting music career that caused his net worth to drop by more than $200 million.
He also had some legal battles that took much of his money. Despite losing much of his money, though, he is still invested in many businesses and making money though.
|Year||50 Cent’s Net Worth Growth At A Glance|
|2023||$52 million +|
|2022||$40 million +|
|2021||$30 million +|
|2020||$50 million +|
|2019||$30 million +|
|2018||$20 million +|
|2017||$15 million +|
|2016||$16.5 million +|
|2015||$155 million +|
How Does 50 Cent Make His Money?
At the beginning of his career, he made the bulk of his money from releasing albums and touring. He has had some financial issues, though, and is not as famous as he used to be.
Many people have started to wonder how he makes his money currently since he does not make music as much.
He did release an album in 2021, but it was not a full album. His last full album, which sold many copies, was released a while ago in 2014. He has been able to make some money by releasing singles here and there and collaborating on projects and songs with other artists.
He makes the bulk of the money from his champagne brand. He also has a cognac brand. These brands (Le Chemin Du Roi Brut and Brandon Cognac) are pretty popular.
He also makes money from his Glaceau-flavored water brand since it was bought by Coca-Cola. He gets a cut of the sell proceeds since he is still a shareholder in the company.
50 Cent is also still associated with celebrity ambassadors that he does projects with. These ambassadors also vacation with him and live a life full of expense and luxury.
He has also invested in several successful businesses, including being the Founder of the G-Unity Foundation and the owner of Sire Spirits. He is also the CEO of SMS promotions and the CEO and founder of SMS Audio.
50 Cent’s Early Life and Rise to Fame
50 Cent lived a difficult life before his rise to fame. He worked hard to get where is now. Here is a little bit about his history and how he became a famous rapper.
|Full Name||Curtis James Jackson III|
|Screen/Stage Name||50 Cent|
|Profession||Actor, Investor, Film Producer, Record Producer, Rapper, Screenwriter, Entrepreneur, Songwriter|
|Date of Birth||July 6, 1975|
|Place of Birth||South Jamaica, Queens, New York City|
|Children||Marquise Jackson, Sire Jackson|
|Height||183 cm (6′ 0″)|
|Parents||Sabrina Jackson (Mother)|
|Years Active in Profession||1996 – Present|
|Distinguished Awards||Grammy Awards Best Rap Performance By a Duo or Group (2010)World Music Awards Best Selling Hip Hop Artist (2007)Songwriter of the Year (2006)Top R&B/Hip-Hop Artist (2005)Best International Breakthrough Artist (2004)MTV Video Music Awards Best Rap Video (2003)Mobo Awards Best Hip-Hop Act (2003)Billboard Music Awards Album of the Year (2003)|
|Annual Income||$5 Million +|
|Net Worth||$52 million +|
50 Cent was born in Queens in New York City. He was raised by his mother in the South Jamaica neighborhood of Queens. She died in a fire when he was only eight years old, and then he was raised by his grandmother.
He began boxing when he was 11 years old. He was 14 when he started boxing formally in a gym and not just around the neighborhood.
When he wasn’t at school or boxing, he sold cocaine on the streets. His grandmother thought he was doing after-school programs when he was really off selling narcotics. He was also caught bringing guns and drug money to school.
He was arrested several times for being in possession of drugs or firearms. He eventually came clean to his grandmother and told her about the arrests and the selling of drugs. He never did drugs himself and was eventually able to earn his GED.
He then adopted the name 50 Cent because he was ready to make a major life change and start doing something with his life.
Beginning of His Music Career
Starting in 1996, he and some friends begin rapping and recording in their basements. His friend taught him to write choruses, count bars, and make records. He also taught him how to structure songs properly.
He continued making informal music in his friends’ basement until he was discovered in 2002.
Music and Movies
In 2002, 50 Cent was discovered by Eminem after the release of his album Guess Who’s Back? He then was signed onto a $1 million record deal and released No Mercy No Fear. His debut album was later released and called Get Rich or Die Tryin.
He continued to release popular albums until 2014.
Wife and Kids
50 Cent is not married, but he has two kids. His son was born in 1996 with his girlfriend Shaniqua Tompkins. He later has a daughter with his then-girlfriend Daphne Joy in 2012.
50 Cent is six feet tall and weighs 185 pounds.
Business Ventures and Sponsorships
50 Cent is invested in a number of different industries. He is mostly involved in artist and talent management. He also has his own businesses for liquor, fragrances, footwear, and health drinks.
He has his own record label called G United Records. He also works as a spokesperson for many different businesses.
50 Cent filed for bankruptcy in 2015. He was said to have a debt of over 32 million dollars. He also lost a large portion of money when he was made to pay money in legal settlements after he allegedly released sex tapes of Rick Ross’s girlfriend.
He also had to sell the rights to most of his music.
Source of Wealth
In his younger life, 50 Cent made his money from releasing albums. He now makes his money from business ventures and investments.
50 Cent has won many awards including:
- 3 American music awards
- 11 ASCAP awards
- 2 AVN awards
- 3 BET awards
- 1 BET hip hop award
- 13 Billboard music awards
- 16 Billboard R&B/Hip Hop Awards
- 1 Grammy Award
- 3 MOBO awards
- 2 MTV video music awards
- 3 The Source awards
- 6 vibe awards
- 6 World music awards
How Does 50 Cent Spend His Money?
50 Cent spends his money on items similar to other celebrities, like clothes, jet plane rides, and designer items. He also spends money on his children and the things they need for everyday life and school.
Favorite Quotes from 50 Cent
Quote About Life
“I don’t necessarily view death as something negative. Death gives meaning to life Living in fear of death is living in denial. Actually, it’s not really living at all because there is no life without death.”
Quote About Music
“My music is a soundtrack. The film is my life. My music matches things I’ve experienced or felt. Even if the whole thing is made up.”
Quote About Success and Money
“I’ve spent four years being what people call successful and all the rest of my life not having it. And maybe because of that, the painful moments are more visible in my memory. If I’m writing about the environment I grew up in, then guns are gonna be goin’ off.”
50 Cent Highlights
50 Cent had a lot of bad press when he was going through legal battles and bankruptcy. Many people criticized his behavior.
More recently, though, people have come to like the 50 Cent record label. He also made a cameo at the 2022 Super Bowl.
He mostly stays outside of the news and presses these days, though.
50 Cent FAQS
How Rich is 50 Cent?
50 Cent has a net worth of about $30 million.
How old is 50 Cent?
50 Cent was born on July 6, 1975. As of 2022, he is 46 years old.
How many kids does 50 Cent have?
50 Cent has two kids, a boy named Marquise Jackson and a girl named Sire Jackson.
Who is richer 50 Cent or Rick Ross?
As of 2022, Rick Ross has a net worth of $42 million which makes him richer than 50 Cent.
Who is the richest rapper in America?
The richest rapper in America is Jay Z. As of 2022, he has a net worth of about $1 billion. 50 Cent has a net worth of about $30 million. He is not one of the richest rappers in America even though he has had a successful music and business career.