With "G Unit" and countless other ventures, 50 Cent has shown how to turn street cred into Wall Street cred. In a recent deal, 50 leveraged his celebrity for a 10% stake in a small beverage company. When Coca Cola took it over, 50 netted $400 million.
While I wouldn't want my daughter humming "Candy Shop", it'll be interesting to see how he continues to develop as an African-American entrepreneur.
Tuesday, May 29, 2007
From 50 Cent to $400 Million
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