Tuesday, May 29, 2007

From 50 Cent to $400 Million

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.