50 Cent Net Worth 2020, Biography, Career, and Relationship
50 Cent Net Worth 2020 – Curtis Jackson, known as 50 Cent, is a hip hop artist and businessman who became famous for his streetwise raps and rags-to-riches life story.
After an early life of crime, drugs, and violence, he turned to rap, rocketing to stardom with the album Get Rich or Die Tryin’ in 2003. One of the leading figures in early 21st-century “gangsta” rap, with side projects including the hip hop group G-Unit, investments in soda water companies and video games.
50 Cent was born Curtis James Jackson III on July 6, 1975, in the borough of Queens in New York City. He was raised by a single mother in the rough neighborhood of Jamaica. His mom worked as a drug dealer and died in an unexplained fire when Jackson was only eight years old; after her death, he was raised by his grandmother.
He had boyhood aspirations to be a boxer, and fought at the junior level, but began selling drugs when he was 12. At the age of 19, an undercover police officer arrested Jackson for selling four vials of cocaine and when his home was raided three weeks later, police found crack and heroin.
Sentenced to three-to-nine years, he instead went to a boot camp and got his GED. By now, he was already rapping and took on the name 50 Cent, which was the original moniker of a Brooklyn crook from the 1980s.
To some extent, Jackson’s young cousin nicknamed Two Five and 25 Cent introduced the world of hip-hop to Curtis. As the young man got rid of the legal troubles, he realized he should not follow the evil path and decided to direct his energy to the better place.
He started practicing in his friend’s cellar and took the nickname “50 Cent” in honor of the famous gangster who lived in Brooklyn in the 1980s. The young man used an old phonograph to have a musical accompaniment.
In 1996, Curtis’s friend introduced him to the popular DJ Jason William Mizell, the member of the mainstream rap group Run-D.M.C. This hip-hop band was the leader of music charts along with Beastie Boys and Public Enemy.
This meeting was useful for Curtis: the master of hip-hop taught 50 Cent how to feel the rhythm. At that period, Jam Master Jay Records should have released Jackson’s debuting album, but it never happened.
The rapper prefers to keep his personal life secret and believes that the details of out-of-stage life should remain private. Journalists discovered that Jackson has a son Marquise with some Shaniqua Tompkins. Curtis often posts photos with his second son Sire on his Instagram page.
Curtis is a successful businessman; he voiced several video games, signed a five-year agreement with Reebok (2003), and starred in the ad of the energy drink “Vitamin Water.”
50 Cent’s net worth
As of July 2020, 50 Cent has estimated net worth of $30 million. This is five times less than his net worth in 2018 was $150 million. Because of bad investment decisions, he suffered huge losses, and although being successful, he stands at $30 million as at date.
Apart from singing and acting in movies, 50 Cent has his ventures adding to his revenues. The Coca Cola deal with Glaceau of $4.1 billion earned him $100 million as he was a minor shareholder.
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