What Is 50 Cent’s Net Worth?
As of February 2025, 50 Cent, the American rapper, producer, actor, and entrepreneur, has a net worth of $60 million. This figure reflects his earnings from a diverse range of activities, including music sales, touring, acting roles, television production, and various business ventures.
Early Life and Career Beginnings
Born Curtis James Jackson III on July 6, 1975, in the South Jamaica neighborhood of Queens, New York City, 50 Cent’s early life was marked by hardship. He was raised by his mother, Sabrina, who was a drug dealer. She died when Jackson was just eight years old, after which he was raised by his grandmother. By age 12, he was involved in dealing narcotics after school. In 10th grade, he was arrested when he was caught by metal detectors at his high school attempting to bring in guns and drug money. He was again arrested in 1994 for selling cocaine to an undercover police officer. He was arrested again when a police search of his home uncovered heroin, crack cocaine, and a pistol. He served six months in a boot camp and earned his GED. He gained initial recognition for his controversial underground rap single, “How To Rob.” In May 2000, prior to releasing “Thug Love,” a single with Destiny’s Child, he survived a shooting outside his grandmother’s home in Queens, where he sustained nine gunshot wounds.
Despite signing a publishing deal with Columbia Records while hospitalized, he was later dropped by the label after attempting to release the song “Ghetto Qu’ran.” Blacklisted by the U.S. recording industry, he relocated to Canada to record mixtapes, building his popularity. In 2002, he released the mixtape “Guess Who’s Back?”.
Rise to Fame and Musical Success
Eminem discovered Jackson in 2002 after being impressed by “Guess Who’s Back?” Eminem invited Jackson to Los Angeles to meet Dr. Dre. 50 Cent signed a $1 million record deal and released “No Mercy, No Fear.” Eminem’s movie “8 Mile” featured a 50 Cent song on the soundtrack. 50 Cent’s breakthrough came in 2003 with his debut album, “Get Rich or Die Tryin’,” which debuted at No. 1 on the Billboard charts and sold nearly a million copies in its first four days. The lead single, “In Da Club,” set a record as the most-listened-to song in radio history within a week. Following this success, Interscope granted 50 Cent his own label, G-Unit Records. His second album, “The Massacre,” released in March 2005, sold 1.14 million copies in its first four days and topped the Billboard charts for six weeks. His third album, “Curtis,” was released in 2007 and debuted at No. 2 on the Billboard 200. “Before I Self Destruct,” his fourth album, was released in November 2009. To date, his studio albums have sold over 21 million units.
50 Cent has sold more than 30 million albums worldwide and received a $1 million advance for his first album.
Business Ventures and Investments
Beyond his music career, 50 Cent has made significant strides in business. He founded G-Unit Records and launched the G-Unit clothing company. In 2007, Coca-Cola purchased Glacéau, the maker of Vitamin Water, for $4.1 billion. 50 Cent, who had a minority stake in Vitamin Water in exchange for being a celebrity spokesman and lending his name for the “Formula 50” drink, earned an estimated $100-$150 million (before taxes) from the sale.
In July 2017, it was reported (but not confirmed) that 50 Cent had sold his minority stake in Effen Vodka for $60 million. The rapper confirmed that the deal happened but did not confirm the $60 million number.
In October 2018, 50 Cent signed a four-year overall deal with Starz, the cable home to his drama show “Power.” The deal, which includes a three-series commitment, could ultimately be worth $150 million if all milestones are achieved.
Bankruptcy Filing
On July 13, 2015, 50 Cent filed for Chapter 11 personal bankruptcy protection in the U.S. bankruptcy court in Hartford, Connecticut, where he resided at the time. He reported assets valued between $10 million and $50 million, with debts of equal amounts. This filing followed a jury order for him to pay Lavonia Leviston, Rick Ross’ ex-girlfriend, $5 million for intentionally releasing a sex tape featuring her. A year prior, he was ordered to pay $17.5 million in damages for a trademark infringement related to a former headphone company partner. He would later explain: “When you’re successful and stuff, you become a target. I don’t wanna be a bullseye. I don’t want anybody to pick me as the guy that they just come to with astronomical claims and go through all that. I’m taking precautions that any good business person would take in this situation.”
Real Estate Holdings
In 2003, 50 Cent purchased a 17-acre property in Connecticut that features a 50,000-square-foot residence with 37 bathrooms, 21 bedrooms, a gym, a casino, and a nightclub. Located at 50 Poplar Hill Dr, Farmington, CT 06032, the house had previously been owned by Mike Tyson. In April 2019, he sold the home for $2.9 million, an 84% discount to his original offer price and a $1.2 million loss compared just to his purchase price.
Additional Ventures and Pursuits
50 Cent has also ventured into acting, appearing in several movies alongside actors like Al Pacino and Robert De Niro. In 2012, he established a boxing promotion company called The Money Team.
During his career to date, 50 Cent has earned at least $200-300 million from his various endeavors, notably selling records, touring, and several brand partnership deals.