50 Cent Net Worth 2023: Assets, Income, Career

50 Cent net worth is $52 million. He is an American rapper and businessman, who has made more than $250 million from his hit music and business deals. However, due to his lavish lifestyle, he has seen his wealth decrease, even filing for bankruptcy in July 2015.

In 1999, 50 Cent became famous after releasing his first single, How to Rob. He signed a publishing deal with Columbia Records but got dropped after being shot nine times in 2000. When he tried to release Ghetto Qu’ran, he got blacklisted and had to record music in Canada. He released the Guess Who’s Back? mixtape in 2002.

50 Cent Net Worth

Record sales have brought 50 Cent a considerable amount of money, but it was the deal with Coca-Cola that had the most significant impact on his income. Furthermore, here is a table that will help you understand how his earning shaped up over the years. 

Additionally, as you can see, his net worth has only decreased over the years. There are a variety of reasons why this has happened. Furthermore, we will take a look at them below. 

Assets

50 Cent has spent a lot of his earnings on extravagant items, including mansions and supercars. In 2003, he purchased Mike Tyson’s old mansion for $4.1 million. The mansion had 21 bedrooms, a gym, a casino, and a nightclub. Also, he likes spending money on lavish items. 

Maintaining and financing the mansion 50 Cent purchased from Mike Tyson cost him $72,000 a month. He has a collection of cars from manufacturers like Lamborghini, Ferrari, and Rolls Royce. Among his collection is a custom Versace-wrapped Lamborghini Aventador, which was taken for a joyride by Snoop Dogg. This shows he likes to acquire expensive assets. It is a good habit. 

Early Life

Furthermore, Curtis James Jackson III was born on July 6th, 1975, and raised in the South Jamaica neighbourhood of Queens in New York City. Additionally, after his mother passed away when he was eight years old, he was raised by his grandmother. Also, at the young age of twelve, he began dealing drugs.

Furthermore, in 1994, Jackson was arrested for trying to bring guns and drugs into school and was eventually sent to a boot camp for six months. It was around this time that he began rapping and released his underground rap single “How To Rob” in 2000.

Moreover, following being shot and hospitalized allegedly by Mike Tyson’s bodyguard, 50 Cent signed a publishing deal with Columbia Records. This deal kick-started his professional rapping career.

Career

Furthermore, 50 Cent’s discovery by Eminem in 2002 and subsequent introduction to Dr Dre launched him into the spotlight with a £1 million record deal. Additionally, his debut album, “Get Rich Or Die Tryin” debuted at number 1 on the Billboard charts and led to a million copies sold in the first four days.

Furthermore, 50 Cent’s success continued with the release of several more albums, including “The Massacre,” “Curtis,” “Before I Self Destruct,” and “Street King Immortal.” Also, these albums earned him numerous awards and nominations in the music industry, contributing to his combined sales of 21 million units.

Personal Life

50 Cent has had public feuds with his ex-girlfriend Shaniqua Tompkins, who is the mother of his son Marquise Jackson. Tompkins attempted to sue 50 Cent for $50 million, but the suit was eventually dismissed. Also, critics accused him of assaulting a janitor in the year 2016. What’s more, it also cast him in a bad light for some time. But then, the janitor’s parents decided to agree to an out-of-court settlement. 

FAQs

1. How old is 50 Cent?

50 Cent is 47 years old. 

2. How much is 50 cent worth?

He is worth $52 million. 

Also read: Celebrities with Questionable Gambling Habits