50 Cent has said that he’s technically been a billionaire since 2007, but that “public perception” made it so he hasn’t been deemed a billionaire.
The G-Unit mogul spoke about public perceptions in an interview with The Enthusiast Podcast, and said he’s been a billionaire for years, but that he’s constantly employing people and shelling out full-blown salaries. He also noted there are very few things he can’t have if he wants them.
“So when they financially say, ‘Oh you’re a billionaire, this person is a billionaire’, it’s like, ‘I’ve been a billionaire since 2007. I’m that far from where I came from that I’ve been a billionaire financially because everybody around me is being paid,” 50 Cent said. “Resources that I compensate for people to be there and I really don’t see things that I want that I can’t go get it.”
He continued: “You got givers and takers, right? People they’ll come and you’ll feel them looking at you like, ‘I’m excited because he’s such and such…,’ or, ‘I wanna meet him because I wanna talk to him and maybe this will happen for me,’ or, ‘Maybe he’ll finance my idea’, right? Those people are takers ’cause you see them once. Then you have the guy that hears you talking about an idea and says, ‘Yeah that’s a good idea, let’s do it man.’ That’s a giver because finance means nothing to ’em.”
50 Cent has financially rebounded in a massive way since declaring bankruptcy back in 2015, mostly thanks to his ongoing TV empire and Sire Spirits collection, which in the past year struck massive deals with NBA teams including the Minnesota Timberwolves, Houston Rockets, Sacramento Kings and Indiana Pacers. The deals will all see Sire Spirits become the team’s official spirit partner moving forward.
As 50 Cent’s business ventures continue to take off, whether it be in sports, TV or even film, the Queens legend admitted on Ebro In The Morning last October that music hasn’t been as high on his to-do list recently. His last full-length project was 2014’s Animal Ambition: An Untamed Desire To Win.
“If I give [my fans] an EP and they feel is a monster;” Fif said, “if I call it a soundtrack and I put five or six songs of my material inside it and they love it, I’ll still have the same gratification. I’m on tour right now, I just did Prague last night, the O2 [Arena] sold out; I do it again tonight. You see what I’m saying?”
He continued: “I’m on a world tour right now. What I need, a new CD to do it? We’re starting to enter that stage where Prince was at, where he could say, ‘Yo, I’ma do a show tonight,’ and it sells out.”
Meanwhile, in other 50 Cent news, Nicki Minaj is set to star in a new animated comic book series called Lady Dangerous, which is being executive produced by the G-Unit mogul.
Based on the Dark Horse comic book series of the same name, the Amazon Freevee show is set in 2075 and follows a government field agent who’s left for dead by her team after discovering a dangerous secret, before being resurrected as Lady Danger.
credit where credit is due, 50 is seemingly good at business. Fortunately for him too, because he wasn’t that great of a rapper. Like many that came before him, he got hot off of being gangster, but when you have millions in the bank, that street shit gets old fast because we all know you’re not that anymore. His music was trash after GRODT.
lol Beg for Mercy GRODT Soundtrack The Massacre all solid projects Curtis even had hits on it do your history first lol
50 was on fire in the streets of NYC way before GRODT just check Power of the Dollar which was his real first album that got shelved by the record company because they were too scared to release it after he got shot and also all the mixtapes he did before GRODT came out. I agree his music AFTER GRODT wasn’t as good as his previous stuff but it definitely wasn’t “trash” either.
50 is one of the best rap artists of all time. Get rich… is considered one of the best track for track albums in the history of hip hop. To say he isn’t one of the greatest is crazy. Just foolishness.
These hoes got a thang for the kid, i hit it once, roll a blunt the bitch’ll gimmie keys to the crib
You tweaking the kanan tape was his last full album and it was🔥
I prefer Game
People forget the best songs on The Documentary came from The Massacre. Even without those, that album is alot better than niggas pretend it is.
Billionaire means one thing. It’s not an opinion or a feeling. If you have cash and assets that total $1 billion, above and beyond debts (such as a mortgage or other loans), you are a billionaire. That means if you have $400 million cash in the bank, homes with no loans against them that you could sell tomorrow for $100 million, and a company that you could also sell tomorrow for $500 million, and you owe no money to anyone, that means your net worth is $1 billion, making you a billionaire.
50 was not a billy in 2007 and if he is now it would probably come from his ability to sell his hit shows. But he doesn’t own most of his shows. The studies/networks (like Showtime), own his shows. They have the right to sell them off if they choose to. He gets a cut of everything but not the whole pie.
In the 2000s when Vitamin Water was sold, his cut landed him his biggest payday of $150 million (don’t forget he had to pay state and federal tax on that payout).
The fact that he says “billionaire financially” tells us that he doesn’t know what he’s talking about. That’s like saying “I like to eat food by consuming it in my mouth.” Billionaire is financial, about personal finance, and nothing else. Then he goes on to claim he’s a billy because of all the employees he pays. Umm, no! Every company pays people. What you have left over after you pay people is what counts towards your net worth.
You missed the whole point of the billionaire part the convo smh he said he shelled his money into other businesses..which is smart because if he get sued he can say he doesn’t have that money like he did before.
You’re slow, you can do that as a billionaire idiot. Trump has filed for bankruptcy 4-5 times he’s still a billionaire. If you’re a billionaire you can still owe people money and have ways to basically say you don’t have it. Idk why 50 has felt this need to compete with Jay lately. It gets announced Jay almost doubled his wealth now you have 50 talking about how he is “kinda but not really” a billionaire.