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Rapper 50 Cent surprised fans on a recent episode of Million Dollaz Worth of Game by revealing that he's spent nearly $24 million on legal fees over the years. Sharing how he does it for “recreational purposes,” 50 Cent revealed to Gillie Da Kid and Wallo:
“I’ll do it for recreational purposes. When they agitate me, I’ll send the f*ckin’ lawyers. $24 million in my career so far. I can't wait till I get rich. Just on lawyers. I've spent $24 million in my career on legal fees.”
50 Cent went on and also state that he does not have a manager, instead, his entire business is managed by a “general council.” He explained:
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"Why would I need you to manage me for? I've done every deal a 100 f**king times. They all want to work at a percentage and you want a percentage from me? You didn't build this, I built this."
Ever since 50 Cent rose to fame, he has been involved in several legal battles. The first one started in June 1994, when he was arrested for allegedly selling cocaine to an undercover police officer. Thereafter, he has filed several lawsuits against many individuals and entities including Taco Bell, an advertising company, Traffix of Pearl River, and many more.
As per Celebrity Net Worth, 50 Cent has a whopping net worth of $40 million, as he has sold millions of albums worldwide. Apart from this, he also has many businesses running, which fetch him a massive fortune.
50 Cent has a net worth of $40 million: More details revealed
While 50 Cent is extremely popular for his rap songs, however, he is also a producer and entrepreneur. The rapper established his own record label, G-Unite Records in 2003, and gained massive success.
He then signed a deal with Reebok and launched his own sneakers line for the brand, which was also extremely popular amongst the masses.
Apart from this, 50 Cent also has a successfully running book publishing company, G-Unit Books, and two movie production houses, G-Unit Films and Cheetah Vision. As per Wall Street Journal, the rapper also has a small stake in Effen Vodka.
Business Insider also reported in 2012, that he had become a licensed boxing promoter after he formed his own company, The Money Team, to promote the sport in the country.
All of this, and his super hit raps have built him a massive net worth of $40 million. However, in an August interview with US Weekly, he claimed that he does not want to “quantify the level of successes and wins,” and is in “no hurry to reach the billionaire status.” He said:
"I’m not in a hurry to reach billionaire status. I’ve reached a point where I don’t want anything I don’t have. What’s the rush? I’ve bought every car I wanted, multiple times over. I would rather be described as, simply, very rich rather than a billionaire.”
Over the years, the rapper has released 7 studio albums, including Get Rich or Die Tryin’, The Massacre, Curtis, Before I Self Destruct, Animal Ambition, Beg for Mercy, T.O.S, and many more. Many of his singles including In Da Club, Baby by Me, 21 Questions and many more also topped charts globally, and fetched the rapper many prestigious awards and nominations.
