According to 50 Cent, he has been a billionaire since 2007.
However, he notes the “public perception” would say otherwise.
On “The Enthusiast” podcast, 50 Cent elaborates on his declaration by noting everyone around him is compensated and he can purchase what he pleases.
“When they financially say, ‘Oh you’re a billionaire, this person is a billionaire’, it’s like, I’ve been a billionaire since 2007,” 50 Cent said during an interview with “The Enthusiast” podcast. “I’m that far from where I came from that I’ve been a billionaire financially because everybody around me is being paid. 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.”
In 2015, 50 Cent did file for Chapter 11 bankruptcy, as AfroTech previously told you.
However, for 50 Cent, the filing wasn’t a concern for him. He saw it as a means to position himself for his next business move.
“Businesspeople will do that in a heartbeat before losing money. Because it means they have the ability to be secure and invest again,” he said, according to The Guardian.
After the financial ordeal, 50 Cent’s name was later attached to more hopeful news that included a $150 million television deal with Starz, which spawned the “Power” franchise.
He now has taken his talents to Fox and will be working with the network under a non-exclusive broadcast direct deal to create scripted dramas, live-action comedies, and animated series engineered through G-Unit Film & Television.
You can read more here.
Most recently, the Timberwolves announced that they are joining the growing list of NBA teams to green light his spirit brand.
“We are excited to launch this partnership with Sire Spirits and to introduce Wolves fans to Sire’s award-winning cognac and champagne,” Timberwolves and Lynx Chief Operating Officer Ryan Tanke said in a news release. “Moreover, Curtis’ (50 Cent’s) commitment through his G-Unity Foundation aligns with our community programming to not only grow the game of basketball but cultivate and foster life skills for our local youth.”
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