Hip-hop star 50 Cent is a world-class business man. Last month, his financial stake in Glacéau made him $400 million richer, according to AllHipHop.com which broke the news. On May 25, the company was sold to Coca-Cola as part of a package when Coke bought Energy Brands for $4.1 billion. Fiddy had invested in Glacéau in 2004 and holds an estimated 10% in the company. Glacéau also produces 50 Cent's Formula 50 energy drink.
Fiddy's manager Chris Lighty told AllHipHop.com: "He has equity [in the company]. I am not telling anyone what we made, but it is very substantial and this was a great deal for everyone."
While 50 Cent's actual income from purchase of Glacéau is unknown, The New York Post reported that New York Mets baseball player David Wright made over $20 million dollars from his 0.5% stake, a figure Wright denied.
Will all that cash, Fiddy is also looking to take a break from music. He says, "For me, right now, I feel like I love music, so (fans) should expect me to make music afterwards. But I'll make it organically, like (Dr.) Dre makes a record. It may take five or seven years. ... They'll be looking for my record, like, 'Yo, come on, when you making a record?'
"Em ain't put out an album in five years. It builds anticipation because he's away. And he really doesn't enjoy what comes with the success. He likes to just be away a lot more, just be shy toward people. And then the less common you appear, the bigger your celebrity. So then he isolates himself, (and) he becomes more popular. People are more excited."
