You can call Curtis “50 Cent” Jackson a lot of things just don’t call him broke. The antics of the brash 35-year-old MC from Queens, usually overshadows his keen business sense. If you didn’t know, G-Unit’s head man has a knack for putting himself in positions to win. Namely, Jackson boasts an extremely diverse portfolio with ventures in music (100% ownership) film, fragrances, video games, and various high-priced stock. Black Enterprise recently sat down with the mogul to talk business, and life beyond the microphone.
Movin’ On Up
Despite the diversified portfolio of ventures, music remains Jackson’s passion and main focus since his 2003 debut album, Get Rich or Die Tryin’ which sold more than 15 million copies. That same year, he founded G-Unit Records, a division of Interscope. Today, the label is operating more independently and the lineup of artists includes Lloyd Banks and Tony Yayo, with plans to add a few others. With 100% ownership of the label, Jackson can receive anywhere from 50% to 80% profit from an artists’ success depending on the terms of the contract.
Read the entire interview here