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Topic: WTF
Submitted By: 1boss
Date Submitted: 08-29-13


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Vitamin Water Money VS Rap Money
50 Cent net worth: 50 Cent is an American rapper and entrepreneur who has a net worth of $260 million. 50 Cent earned his net worth through lucrative endorsement deals and millions in record sales. Ever since bursting onto the scene with his debut album Get Rich or Die Trying, 50 Cent has been launched into the stratosphere of richest rappers. His studio albums alone have sold over 21 million units. In his relatively short time in the spotlight, 50 Cent founded label G-Unit records, launched G-Unit clothing company, and has even acted in several movies with legends like Al Pacino and Robert Deniro. 50 Cent Net Worth – The Vitamin Water Deal: 50 Cent's most brilliant financial investment came when he negotiated a minority stake in Vitamin Water in return for being their celebrity spokesman and lending his name for the "Formula 50″ drink. The Coca Cola Company acquired Vitamin Water from Glaceau for $4.1 billion and made 50 Cent 10 times more money than he had ever made rapping. 50′s equity stake in Vitamin Water was initially reported to be 10% which would have meant $410 million in his pockets. This number was widely dismissed by investment bankers familiar with the deal who intimated that 50 stake was closer to 2.5% which means he made $100-$150 million off the sale. Not bad!

See Full Story @ ...Vitamin Water Money VS Rap Money

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