Power is back. And while that means another season of gripping television for fans, it also means a whole lot of money for 50 Cent. Though the rapper filed for Chapter 11 bankruptcy in 2015, Curtis Jackson is not hurting at all when it comes to the money department.
50 Cent as an executive producer
When Power first premiered, no one could tell how the show would do. Most people knew 50 Cent as a rapper and were unsure if he could pull off such a huge producing credit. But he approached the role from a creative standpoint.
“I’m not doing traditional on-set production,” he said in 2015 at the Television Critics Association Press Tour. “I kind of keep up communications with the talent. When you participate by acting in the series at the same time with them, you build that bond on the talent level and communication’s open. Everybody feels comfortable to come to you to tell you what a problem is before creating an additional problem.”
50 Cent’s multimillion-dollar deal
Last year, the rapper secured millions of dollars by signing a four-year overall deal with Starz. In the agreement, it states that 50 Cent will continue to create scripted and unscripted series for the network through the G-Unit Film & Television, Inc. banner.
This deal included a three-series commitment, along with the use of discretionary funds for developing his projects.
According to Variety, this deal could have been worth as much as $150 million.
How much does 50 Cent make for ‘Power’?
No exact details have been released on how much 50 Cent makes from Power, but according to Glassdoor, TV executive producers make an average of $146,538. But judging from the fact that 50 Cent also stars in the show, that amount is probably significantly higher.
What is 50 Cent’s net worth?
When 50 Cent was at the top of his rap game, he was said to be worth $155 million, according to Forbes’ annual Hip Hop’s Wealthiest Artists list.
In 2014, he became a minority shareholder in Effen Vodka, after investing in Sire Spirits LLC.
That same year, he signed a $78 million deal with FRIGO Revolution Wear, a luxury underwear brand.
“50 Cent made around $300 million in two years,” Zack O’Malley Greenburg, Forbes’ senior editor, once told The Post.
“He has always been really good at profiting off whatever his situation is. He even marketed getting shot nine times.”
But after his career began to tank and he made a few bad business decisions, he ended up actually being $32.5 million in debt and had to file for bankruptcy.
Power revived the rapper’s bank account and he is now worth millions again, $30 million to be exact.
50 Cent’s drama
Though 50 Cent is just coming into money again, he has never been shy about giving people loans. Most recently, he got into a very public argument with producer Randall Emmett after Emmett failed to repay a loan. Emmett begged the rapper to stop blasting him on social media. Eventually, the two were able to come to an agreement and all of the posts about the feud were deleted from 50 Cent’s Instagram.