“I Lost A Couple Million Dollars Already…” 50 Cent

by admin on 12/01/2008 · 7 comments

in Uncategorized

In a recent interview with The Canadian Press the G-Unit founder talked about the effect the recession has had on his $500-million dollar empire:

“I sit with my investors and business managers and accountants looking at the numbers and I’m like, ‘Yo, the values of stocks in different areas that I invested in are decreasing!’ So I take the loss like everybody else…I’m waking up in a room that was previously Mike Tyson’s bedroom, a fighter who earned over $500 million in his actual career, and when I purchased his house from him he was in bankruptcy…If that’s not a strong enough reminder for you, I don’t know what’s going to remind you to be aware of where you are financially and make conscious decisions…Even if I’m not as relevant as I was when I dropped ‘Get Rich or Die Tryin,’ five years from now I’ll still be creating a platform for new artists to come through.

And on fears he’s lending his name to too many brands:

“Ten years ago that was actually taboo, for you to be associated with a major company or corporation – from a hip-hop perspective, you was a sell out…But those artists from that time period are (television) specials, they’re completely broke right now…Of course it helps to have ‘Get Up’ as theme music for my new show. When they run the commercial spots and all those different things it’s a consistent reminder (about) the song.”

Fifty better holler at Jay-Z, he said he’s “recession proof baby”!

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{ 7 comments… read them below or add one }

1 james 12/01/2008 at 6:32 PM

hey….dtas life……money is NOT everything….dats why u always need sumthing to fall back on…

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2 jcrucial09 12/01/2008 at 6:42 PM

I hear fifty, but I find it hard listening to rich people panic about losing their money.

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3 d 12/02/2008 at 9:22 AM

losing a couple still keeps him richer that jay in less time. perhaps jay need to holla at fif

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4 Sugar & Spice 12/02/2008 at 10:29 AM

i feel u jcrucial09…there is nothing like saying i lost a couple million dollars but still have a few hundred. I guess this is their way of telling people “im just like u & i feel it too”.

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5 Johnny Blaze 12/02/2008 at 10:46 AM

impressive, 50 will always have a reminder not to overspend. But when this economy turns he will be even richer.

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6 Rich Yung 12/02/2008 at 4:50 PM

# d Says:
December 2nd, 2008 at 9:22 am

losing a couple still keeps him richer that jay in less time. perhaps jay need to holla at fif

^^^ you must not know how to count…SMH

Reply

7 aaron 12/02/2008 at 7:11 PM

he will make it back!..He is a smart dude!

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