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Cent net worth: How he lost his fortune - Film Daily

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Cent net worth: How he lost his fortune - Film Daily
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Curtis Jackson, known as 50 Cent, reportedly cleared nearly $100 million from a single beverage deal, later filing for bankruptcy about a decade afterward. The account highlights a peak year for business windfalls and then a steep rise in legal costs and fixed expenses that the rapper could not sustain. Jackson’s major early payout came in 2007 after Coca-Cola bought Glacéau for $4.1 billion, with his Vitaminwater stake paying out between $60 million and $100 million after taxes. By 2010, cumulative earnings from albums, touring, and endorsements exceeded $200 million. Litigation and other obligations mounted, including a $17.5 million judgment tied to Sleek Audio and additional legal damages and fees, with Chapter 11 filed in July 2015 citing assets of $24.8 million against debts of $32.5 million.

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