Although you may recall him from his peak in the 2000s, you may be unaware of the financial roller coaster that 50 Cent has been on recently. The bankruptcy descent of the Grammy-winning artist was virtually as precipitous as the celebrity’s ascent to prominence. His private jet, a fleet of automobiles, and even a turbine car all demonstrate that he enjoys lavishing money.

Frank Michael Smith, the TikToker, detailed the rapper’s financial trajectory for the platform’s 1.7 million subscribers. Smith describes the meteoric ascent to prominence that 50 Cent, whose actual nаme was Curtis James Jackson III, experienced in 2003.

“Get Rich or Ԁie Tryin” was sold by 50 Cent to the tune of 30 million copies, making it one of the most successful albums of all time. A music enthusiast would still pay $15 for a CD at that time. Initially, apart from his musical endeavors, he executed a series of astute business judgments.

One of these was the purchаse of a stake in VitaminWater in 2004. Approximately $100 million was garnered by him after Coca-Cola acquired the brand for a substantial sum of $4.1 billiоn. Indeed, estimates placed his net worth at $500 million in 2010. Nonetheless, the rapper’s “living beyond his means” reflected the ineffectiveness of additional financial choices. Reportedly, 50 Cent made unprofitable stock investments during the global recession of 2008.

Ongoing legal disputes and renovations to his eighteen-bedroom mansion in Connecticut caused a portion of his wealth to dissipate. His legal issues, on the other hand, drained him empty, as he has incurred $23 million in legal fees over the last two decades. In one ongoing, five-year legal dispute, Rick Ross’s fiancée was featured on a leaked recording.

Ross possesses a substantial financial means to sustain his legal battles on account of his enormous net worth. A second legal dispute with a headphone manufacturer expensed him $22 million. The reason so few individuals were aware of this is probably because the majority of his financial maneuvers were fronts.

More precisely, he leased Bentleys, private aircraft, and jewelry to project the impression that he could still attain the aforementioned lifestyle. He was nevertheless cоmpelled to declare bankruptcy in 2015, even though his cash on hand may not have been as meager as one might expect.

In 2020, he stated to The Guardian that the financial decision had assisted him in beginning again. “Businesspeople would do that immediately to avoid financial loss,” he stated. “Because it signifies that they can once again invest with confidence.” A short time after filing for bankruptcy, 50 Cent was extended an offer to executive produce and appear on the television series ‘Power’. He agreed to a $150 million contract.