50 Cent’s Net Worth Proves Financial Recovery Is Possible

50 Cent has been a major player in the hip hop industry ever since he hit the scene in the early 2000s. At age 47, the rapper has sold more than 30 million albums around the world and earned several awards, including a Grammy and 13 Billboard Music Awards.

His surprise, upside-down entrance at the Pepsi Super Bowl LVI Halftime Show in February 2022 in Los Angeles, California, was one for the books, proving that he’s very much still got it. With 50 Cent’s net worth currently at about $40 million, we’re here to remind you about his road to success, his bankruptcy filing and the financial recovery that followed.

50 Cent was born Curtis James Jackson III in the South Jamaica neighborhood of Queens, New York, on July 6, 1975. He was initially raised by his single mother, Sabrina, before going to live with his grandparents following her passing. The rapper had a rough upbringing and lifestyle filled with gang violence and drug dealers. 

In fact, he was arrested several times — the first time was in 10th grade when he was caught by metal detectors in high school. Then, in 1994, an undercover police officer caught him selling drugs. He was sentenced to between three and nine years in prison. Luckily, he only served six months in boot camp.

Ready for change, he adopted the nickname “50 Cent” after a famous Brooklyn robber who chose to provide for himself by any means necessary, according to the rapper.

Under the mentorship of Jam Master Jay in the 1990s, he started working on his 2000 album, “Power of the Dollar.” He produced the album for Columbia Records, but it was never released because he was famously shot nine times just days before its debut. The attack was gang-related and occurred in front of 50 Cent’s grandmother’s former home. It took about five months for him to fully recover, but the incident left him feeling like he had a bigger purpose in life.

50 Cent eventually came to the attention of Eminem and Dr. Dre in the 2000s. The two helped produce his debut album, “Get Rich or Die Tryin,’” featuring the break-out single “In Da Club.” 50 Cent had other hits and eventually formed G-Unit Records under Interscope in 2003.

Considered one of the best rappers of the 2000s, 50 Cent earned several music awards during this time, including a Grammy Award, three American Music Awards, four BET Awards, six World Music Awards and 13 Billboard Music Awards. He also appeared in three movies during this time — “Get Rich or Die Tryin'” in 2005, “Home of the Brave” in 2006 and “Righteous Kill” in 2008.

Considered one of the best rappers of the 2000s, 50 Cent earned several music awards during this time, including a Grammy Award, three American Music Awards, four BET Awards, six World Music Awards and 13 Billboard Music Awards.

He also appeared in three movies during this time — “Get Rich or Die Tryin'” in 2005, “Home of the Brave” in 2006 and “Righteous Kill” in 2008.