People News
50 Cent's insanely rich now, thanks to Vitamin Water
Jun 14, 2007, 13:00 GMT
50 Cent is set to make $100 million.
The rapper-and-actor is about to become considerably richer after Coca-Cola bought his Vitamin Water drink, Formula 50.
The soft drinks giant has just paid a staggering $4.1 billion to drinks company Glaceau, which 50 joined as a shareholder in 2004.
In exchange for his share in the company's profits, Glaceau named a Vitamin Water drink, Formula 50, after the artist.
The rapper - also known as Fiddy - personally endorsed the product.
As a ten per cent shareholder in the beverage, 50 Cent will see his fortune rocket from the Coca-Cola deal.
The 'Get Rich or Die Tryin' star was profiled by finance magazine Forbes last year, after transforming his urban image into a multi-million dollar empire.
Fiddy - real name Curtis Jackson - recently announced the release of his new album 'Curtis' had been pushed back to September.
The 31-year-old wrote on his official website: "I'm an international artist. My fans worldwide deserve to receive my album at the same time as my fans here in the US. Taking that into consideration, moving the album to September was a necessary course of action."
(C) BANG Media International
COMMENT
blog comments powered by DisqusLatest Headlines in People
- 1. Kate Moss dog ruining home
- 2. David Beckham would love to move back to UK
- 3. Simon Cowell ex writing tell-all book?
- 4. Alexander Skarsgard: Rihanna is a hard worker
- 5. Channing Tatum: Ryan Gosling's kiss better than mine
Older Talkback
page: 1
Now I have to boycot my favorite Soda manufactuter because they bought this clowns water !
page: 1


CongratulationsJun 14th, 2007 - 15:59:09
Hope he uses it wisely.
Report this comment