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”!



{ 7 comments… read them below or add one }
hey….dtas life……money is NOT everything….dats why u always need sumthing to fall back on…
I hear fifty, but I find it hard listening to rich people panic about losing their money.
losing a couple still keeps him richer that jay in less time. perhaps jay need to holla at fif
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”.
impressive, 50 will always have a reminder not to overspend. But when this economy turns he will be even richer.
# 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
he will make it back!..He is a smart dude!