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2009-03-21

50 Cent Is Second Highest Earning African American Entertainer


February 05 2009 16:40 PST

The numbers are in and this time around 50 Cent has come out on top… well almost! Forbes Magazine has just released their list of the top earning African American entertainers and 50 has come in number two, second only to Miss Oprah Winfrey! How exciting! With his jewelry, fancy cars, and incredible houses, you can’t be surprised! So just how much did the hip-hop superstar make in a year? Forbes reports from June 2007 to June 2008 he raked in $150 million! If that’s what second place feels like, I wouldn’t mind being runner-up!! Oprah on the other hand took home $275 million from June 2007 to June 2008. Sorry 50, she’s just one person you can’t beat.

So how did he make all that cash? Well, let’s break it down. He has his record label, G-Unit Records and his clothing line and shoe companies of the same name. Then there’s his multi million dollar deal with Vitamin Water as well as deals with Right Guard and General Motors. Plus there’s his social networking website, thisis50.com, his short lived reality series on MTV, ‘The Money and the Power’ (which was canceled after only a month because of poor ratings) and of course revenues from his album, ‘Curtis’ which was released in September 2007. When you work as hard as he has, you can see how he has been able to make this kind of money, and that’s without releasing a solo album! 50 Cent is proving that even in a bad economy, he is recession proof!

Now with 2009 here, 50 Cent is ready to keep his empire going strong. He is all set to release his last contractual album with Interscope Records, ‘Before I Self Destruct,’ and if it does well he might just surpass his $150 million mark. Wow, others can only dream. What do you think? Will 50 be able to break the $150 million mark this year? Drop us a comment with your thoughts!

50 Cent in a suit

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