Coca Cola's (NYSE: KO) purchase of Glaceau, makers of Vitaminwater, earned hip hop star 50 Cent 800 million times as much money as his name suggests he is worth.
It has been reported that 50 Cent will star in a commercial for the drinks, which will feature him conducting a symphony orchestra in a rendition of his hit "In da club."
I can't find information on how much 50 paid for his stake in the company, but it's safe to assume that he a made a massive return on investment here. He's not the first celebrity to make a fortune as an early investor in a company. Adult contemporary star Kenny G was one the original ten Starbucks investors.
But frankly, it's much more heartwarming to see 50 Cent making money, mainly because he's less annoying than Kenny G, although that's not much of an accomplishment.
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Reader Comments (Page 5 of 5)
6-12-2007 @ 6:53PM
Wilma said...
50 Cent LIED about the Vitamin Water sale; a STUNT, like everything else he does.
http://www.hiphopdx.com/index/news/id.5307/title.50-cents-investment-a-publicity-stunt
50 Cent LIED about being shot 9 times.
http://www.b-boys.com/502-50-cent-lied-about-being-shot-9-times
no surprise that he is a sucker in his own neighborhood, but the world is so stupid for not investigating him for the fraud he REALLY is.
6-15-2007 @ 9:04AM
lovegold4eva said...
50 cent ia real businessman and a lot of credit needs to b given 2 him cos he is not making money from drugs or coke.he is making money from wise investments.he has a dream,he has a clothing line shoe line,record comp,film comp,e.t.c. so u guys should just wish him luck cos he is already the richest rapper.LYRICS"AMA TELL YALL WAT BANKS TOLD ME 2 GET IN THERE AND SWITCH UP D GAME AND IF THEY HATE,LET THEM HATE AND WATCH THE MONEY PILE UP".......50 CENT. 2)LYRICS"HATE IT OR LOVE IT,THE UNDERDOG IS ON TOP AND I AM GOING 2 SHINE HOMMIE TILL MY HEART STOPS"....50 CENT
6-20-2007 @ 12:03PM
kris said...
the sale was in the billions retards, and 50 cent owned 10%, pull you heads out of your asses, wipe the crap off your lip and give 50 his props
6-27-2007 @ 9:40AM
Dave said...
Last time I checked guys, this was a blog, not CNN or another news reporting service. I see nothing wrong with the author adding a bit of personal commentary on music, for humor's sake. While everyone will obviously not agree, I don't see the problem with his comments.
7-02-2007 @ 7:58PM
Chachou said...
You people are definitely have no knowledge and understanding for neither the hip hop industry and the sale of vitamin water. Understand the 50 cent bought in to the company and is a 10% share holder. Coca Cola bought Glaceau (the makers of vitamin water) for 4.1 billion dollars making 50 cent 400 mil richer. Get your facts right..... 50 cent is a better business man than artist and hes a great artist. Hating is disease get help....
7-02-2007 @ 6:34PM
nite said...
Please stop people....the truth be told. The deal with coke was for $4.6 Billion. 5o cent owned 10% due to a very bright investment move. now, if you've finished the 6th grade, then you should understand that it means he infact makes $400,600,000. I should know because I work for Glaceau. "here's the part that's going to kill you"
curtis jackson has made over $600 million in only 5 years time. according to forbe's, no other musician in history has done that, alive or dead, rap or rock. so, say what you will about that arrogant asshole..just put wealthy in front of it.....
ps: I'm not even a 50cent fan.
7-04-2007 @ 2:52PM
adam said...
I love Kenny G! Great article but full of bruised ego and sadness. Alot of shit talking going on in here. Spread love and peace people, you're dead in 50 years.
7-31-2007 @ 1:26AM
dre said...
It's really funny to me how some people can comment on this mans soul(Douglas Penneton)It's great that you believe in GOD and want to express it, Im the same way. I'm sure you know no sin is greater than the other also. So instead of judging this man with your eyes, let the almighty LORD do that! As far as everyone else saying 50 cent isn't a good rap artist, I agree that he's not the best but who cares?!?! It's about making money, if not all your favorite artist wouldn't have c.d's in stores.- As far as this reporter, I aploud you!! You did a horrible report but had several people not just read it but leave feedback!!(including myself) I just have one question for you...If the article was about 50 cent being a good invester, why did you have to bring Kenny G into it? It upsets me when an African American is doing something good and the media tries to down play them by a caucasian. I could care less if you like rap. The article was suppose to be about 50 cent and Vitamin Water. - DRE'