Curtis James Jackson III, aka 50 Cent, is an American rapper, actor, businessman, investor and now executive producer. Following his successful career as a rapper after being discovered by Eminem and Dr. Dre, he has gone on to star in movies including Get Rich or Die Tryin, All Things Fall Apart and Den of Thieves. Despite making a big name for himself as a famous rapper and actor, 50 Cent hasn’t had the easiest of rides. Let’s check out what has gone on in his life over the past decade, including the now-infamous 50 Cent house!
Where does 50 Cent live?
That’s a great question! He’s a tough one to nail down and his current home is unknown (yes, even we couldn’t find it!), but we do know the scoop on his former mansion in Connecticut. It’s absolutely huge, and boasts 19 bedrooms and 25 bathrooms! It features the kind of facilities you would find at a hotel including an indoor pool with a hot tub, multiple games rooms, a recording studio, a room with a green-screen, a home cinema, a gym, a ‘substantial nightclub’ and a fully equipped gym.
50 Cent house has an amazing 17 acres of land which has an outdoor pool, basketball court, guest house, huge and beautiful gardens, a pond with a massive water feature and a grotto. And how many square feet is 50 Cents house? It spreads across an incredible 51,657 square foot.
ArrayEven more photos and 50 Cent house address here!
How much did 50 Cent’s house cost?
The home has had some famous names connected to it before. It was previously owned by superstar boxer Mike Tyson. In 1996, Tyson handed the home over to his ex-wife Monica Turner in a divorce settlement. Turner then sold the home to 50 Cent for around $4.1 million in 2003.
Here’s a pretty haunting video of 50 Cent on Oprah’s Next Chapter discussing the home and money management. He seems quite confident in his ability to manage not only his own money but the people he put in place to help him. Check it out here:
Why can’t 50 Cent sell his house?
50 Cent has really struggled to sell his incredible house for almost 10 years. He originally put the mansion on the market back in 2007 for a whopping $18 million, which is an amazing $13.9 million more than how much 50 Cent paid for Mike Tyson’s house in 2003. Whilst he was living there though, the star spent around $10 million working on renovations and transforming the home into a work of art.
After the agonizing wait, it was reported that 50 Cent finally sold his property, but not for anything near his original asking price. In 2016, the rapper was said to have sold his 50+ room mansion to a nursing home company for $8 million. The home was to be transformed once again into a care home for the elderly, who were sure will enjoy the great abundance of amenities.
In 2017, the home was burgled and was dubbed by the media that ‘50 Cent’s home was robbed’. The rapper laughed off the headlines, and even tweeted, ‘What my house got robbed, I thought I sold that MF. LOL’.
Little did he know, the deal with the developer fell through, so no, he didn’t sell that MF. LOL.
Finally, in March 2019, 50 Cent sold the infamous mansion for $2.9 million. As the Wall Street Journal stated, that’s 84% off!
50 Cent Africa House
In 2015, 50 Cent posted a photo to his social media pages which showed a giant home located in Africa, which was complete with a pool and large balcony. He claimed that the mansion was his, but when he filed for bankruptcy and during the court rulings, it came to light that he actually never even owned a home in Africa at all. He admitted that his ‘luxurious lifestyle’ portrayed on the likes of Instagram and Twitter and in his songs were all staged, faked or made up.
How old is 50 Cent?
50 Cent was born on the 6th July 1975, making him 42 years old as of this post.
How tall is 50 Cent?
50 Cent is 6 feet tall!
How much is 50 Cent worth?
From his albums, music ventures, acting roles, and work as a producer, 50 Cent is now worth around $20 million. This is quite a loss from previous estimates before his bankruptcy which valued his estate at $150 million.
How much does 50 Cent make per year?
50 Cent is currently making his living by working as an executive producer on the popular Starz series Power. Because of who he is, we expect he will have haggled a pretty hefty salary from the show. The star actors are said to be earning between $150,000 – $1 million per episode! The show has been extremely well received and is currently in it’s 5th season!
What happened to 50 Cent?
In July of 2015, 50 Cent filed for bankruptcy protection after the court ruled that he owed Lastonia Leviston $6 million after he let out a sex tape that she featured in with her partner of the time. He admitted to having debts amounting to debts of around $36 million, and with assets totaling $20 million. When he filed for bankruptcy, the judge agreed to a financial plan which would enable him to pay back $23 million over a 5 year period.
Fans and critics rushed to Twitter to tweet that the rapper was broke, and 50 Cent hit back by posting a photo of wads of cash on his social media pages. After he was called out by the court, he admitted that it was ‘prop money’ and was not real.
Although it wasn’t the smoothest few years, the star has been able to clear his debts and rid himself of bankruptcy in just 3 years rather than the 5 years he was given.
50 Cent’s Old Neighborhood
50 Cent didn’t have the best start in life. He was born to a single mother who sold drugs and sadly died when the rapper was just 8 years old. He was born and grew up in Southside, which is a nickname for South Jamaica, a neighborhood in Queens in New York. He was raised mostly by his grandparents.
When 50 Cent was growing up in the neighborhood, it was filled with violence and drugs. The star found himself wound up in trouble from time to time and even served some time in prison for dealing drugs on the streets. In 2000, he was shot in his childhood area. He now prefers to stay far away from the place which caused him hard times in the past.
Sources
https://www.theguardian.com/music/2017/feb/03/50-cent-discharged-bankruptcy
https://www.vibe.com/2017/09/50-cent-confirms-season-5-of-power-inks-new-deal-with-starz/
https://www.bankrate.com/lifestyle/celebrity-money/50-cent-net-worth/
https://www.tripsavvy.com/southside-queens-50-cents-south-jamaica-2819248
https://www.tripsavvy.com/southside-queens-50-cents-south-jamaica-2819248
http://people.com/home/million-dollar-listing-new-york-fredrik-eklund-selling-50-cent-connecticut-house/
https://www.vibe.com/2016/03/50-cent-mansion-africa-fake/
http://www.dailymail.co.uk/news/article-3484560/LIAR-LIAR-50-Cent-admits-never-owned-Africa-mansion-stacks-cash-poses-just-props-make-sure-keeps-P-M-P-image.html
http://www.dailymail.co.uk/tvshowbiz/article-4490216/50-Cent-laughs-burglary-Connecticut-mansion.html