He then switched camps and launched an earphones line with rival company SMS Audio, which Sleek Audio executives claimed he ripped off. Finance experts predict it came down to several of his investments and businesses going bad and reckless spending, including renovations on his bedroom mansion in Connecticut and a string of luxury cars. In addition, his movie production company G-Unit was shut down. His second movie company, Cheetah Vision, has not proved a huge financial success.
Remarkably, 50 emerged from bankruptcy earlier than expected in February , after reportedly paying off all his debt. Despite being debt free and performing shows here and there, as well as maintaining several investments, it seems 50 is still in need of cash. Only last week, he issued a bizarre warning on Instagram, seemingly directed at people that owe him money. The actress has reportedly been hit with a wrongful-death lawsuit after a worker was killed after falling from the roof of her Los Angeles home.
Although they are usually very private and protective over their kids, the royal couple has given a shred of insight into the music taste of their son.
He started an oil and gas exploration company with his brother and co-founder of Cash Money Records that never got off the ground, despite Bryan getting a tattoo of an oil pump on the side of his head which has been covered with another tattoo since.
Dre protege that spawned his own record label, Shady Records, and launched his own set of super stars. He has earned 15 Grammy Awards and is the first rapper to receive the Academy Award for Best Original Song from his movie 8 Mile, in which he was the lead actor.
Mathers is author as well. He'd absolutely be in a higher position on this list if he invested outside of music as much as other artists have, and not have been sued countless times. He's one of the only few on this list to also feature in the list of best rappers of all time. Trivia Fact: Eminem was once assaulted by a bully in elementary school, receiving a serious head injury.
His family sued the school but the judge dismissed the case, saying schools are immune from lawsuits. Marshall wrote about this experience in the song 'Brain Damage,' and his bully later sued him for invading his privacy and placing him in a negative light.
The judge dismissed this case too, delivering the verdict in rhyme form. Eminem has been sued by his own mother for slander, too. He was sought after by the most successful rappers for years for his beats. Ultimately he was allowed to release his own record which was a huge success, launching his career as an all-time top emcee.
He's won 21 Grammys so far, making him one of the most awarded artists of all time. His clothing line Yeezy has released shoes and other merchandise with companies such as Nike and Louis Vuitton. He's broken into acting, architecture, politics, design, and many other industries. He was in a car wreck and broke his jaw. The song "Through the Wire" is about this event and features slurred vocals, recorded while his jaw was wired shut.
He launched countless stars in that time, striking while the iron was hot and releasing as much as ten times the number of albums as previous years.
He managed to sign Snoop Dogg for a three album deal in the late 90's. Thought he broke into television, movies, and even professional wrestling, he's broken into the travel, real estate, stocks, toys, sports, cars, and other industries.
He managed to do all of this without winning any of the major music awards. He's the king of diversified income. Trivia Fact: Percy had a contract to play for both the Charlotte Hornets and Toronto Raptors in the pre-season, out of which he did not graduate. He played in minor leagues successfully though. He also appeared in season 2 of Dancing with the Stars.
He's not only one of the richest rappers but one of the top 10 richest musicians in the world. He's had major success with his Sean John clothing company and line of perfumes. He's appeared in a handful of movies, invested into countless businesses, including being the brand ambassador for Ciroc.
His music has earned him countless awards, including 12 Grammys. He quit his business major, and that didn't stop him from one of the top 40 entrepreneurs under the age of 40 in , according to Forbes. His focus on creating other superstars has limited his personal time, leading to only two of his own album releases. This effort has also led him to being one of the top 10 best producers in the game. His early work with N. Trivia Fact: Dr. But that's just a fraction of the income he gets from his label Roc-A-Fella Records and his clothing line Rocawear.
He also invests in several projects, like the music streaming service Tidal and his company Roc Nation Sports, in which he's a licensed sports agent. He was raised single handily by his mother Sabrina, who was a drug dealer. When she passed away, he moved to live with his grandparents. Jackson was only 12 when he began selling drugs.
He would go out into the streets and spend time slinging narcotics whilst his grandmother though he was participating in after school programs. Jackson was arrested twice more; once for selling cocaine to an undercover police officer, and the second illegal substances and a firearm in his home. However, recently the rapper has been making headlines due to his financial woes.
The 21 bedroom home has an eight-car garage, a racquetball court, and a home movie theater. He also has other properties, including investment properties in Atlanta and Long Island and a New Jersey apartment that the rapper leases. In October , Jackson became a beverage investor when he was given a minority share in the company in exchange for becoming a spokesperson after learning that he was a fan of the beverage.
Cheetah Vision produces low budget action thrillers for foreign film markets across the world. The bad things that happen to me, I somehow make them good. Before me is endless possibility, around me is boundless opportunity.
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