“Go, shawty! It’s your birthday. We gon’ party like it’s yo birthday!” Born as Curtis James Jackson III in Queens, New York and raised by his grandmother after his mother mysteriously died in a fire, Jackson spent most of his childhood at the local boxing gym or selling cocaine on the streets. Arrested multiple times during high school, he was sentenced to up to nine years in prison but served six months in boot camp where he earned his GED and adopted the name “50 Cent” to mark the next chapter of his life where music replaced his old, bad habits.
Discovering his talent as a rapper in a friend’s basement, 50 Cent released Guess Who’s Back? in 2002 when Eminem discovered the young artist and encouraged him to sign on with Shady Records, Aftermath Entertainment and Interscope Records. Well on his way to stardom, Eminem and Dr. Dre produced 50 Cent’s first studio album in 2003 titled Get Rich or Die Trying that featured what would become some of his most famous tracks including “In Da Club,” “21 Questions” and “P.I.M.P.” Since then, he’s continued to build his success as a rapper selling over 30 million albums worldwide and earning the title as the third best rapper of the new millennium only behind Eminem and Nelly. His success, of course, doesn’t stop there.
Over the years, the 13-time Billboard Music Award winner has proven his talents beyond the recording studio and the stage as a businessman and investor with a net worth of $155 million! He’s involved in everything from film production and television to apparel, liquor, video games and, you guessed it, even real estate! So, what does the 41-year-old’s portfolio look like and where does he call home? Let’s take a look at his impressive digs!
At the height of his success in 2003, 50 Cent purchased a 17-acre estate in Farmington, Connecticut for $4.1 million from Mike Tyson and his ex-wife, Monica Turner. Immediately after signing the paperwork, the “Candy Shop” singer dropped over $10 million on renovations to ensure his lavish mansion was fit for a rap king. Among the first amenities he added to Tyson’s already functional club was a disco room complete with a dance floor and stripper poles! Next up, he added a full-size gym, billiards room, an indoor basketball court, an outdoor basketball court, an indoor pool, an outdoor infinity pool, a helicopter pad and a movie theater! Talk about living in style!
Undeniably fit for a rap god as one of the biggest homes in the United States with over 50,000 square feet, the Connecticut home has 51 total rooms with 21 bedrooms and 25 bathrooms. Upon entering the home, guests are greeted by a marble foyer with twin staircases. With nine kitchens, late night snacks or impromptu dinner parties are always an option with each kitchen adorned in granite countertops and top of the line appliances. And, speaking of impromptu parties, 50 Cent has certainly had his fair share in his private casino where friends have notoriously gathered for late night poker games with the “I Get Money” artist. However, he’s learned the hard way that being a homeowner is an even bigger gamble than he ever imagined.
With a pond, waterfalls, fountains, helipad, guest house and exquisite landscaping carrying a $5,000 monthly price tag just for upkeep, the massive mansion itself brings a total cost of $70,000 each month simply to maintain. And, as will all of its previous owners, the Farmington estate has proven to be too much for 50 Cent who listed the home for $18 million in 2007 without any signs of interest. Showing off his lavish abode to Oprah Winfrey and her camera crew in 2012 with the hopes of attracting a buyer, the rapper continued to lower the price until his own career fell into a downward spiral in 2015 when he filed for bankruptcy.
Watching his finances rapidly dwindle, 50 Cent had numerous lawsuits with multiple businesses and women including rapper Rick Ross’s girlfriend, Lastonia Leviston, who accused him of leaking a sex tape to draw visitors to his website. With the court ruling in Leviston’s favor, Jackson was ordered to pay $5 million. However, his troubles were far from over. In May 2016, 50 Cent fell from the public’s good graces when he mocked an autistic janitor at an airport on his Twitter feed. Since then, he’s been ordered to donate $100,000 to Autism Speaks.
Still struggling to regain the public’s respect and his former status as a rap god, the 41-year-old rapper finally had some good news come his way this year when, after nine years and a tarnished public image, he sold his Farmington mansion for $8 million. Who was the lucky buyer? Proving it was far too expensive for its last four owners to maintain, the Farmington estate has a much different future ahead as a nursing home management company purchased the property with the intent to transform it into a luxury assisted living facility—without the stripper poles, of course!
As for 50 Cent, he’s been laying low since his bankruptcy with rumors running wild that he has purchased a home in Africa. While no one really knows his whereabouts or his financial status, we do know that the home that once saw legendary, star-studded hip hop parties and casino nights will soon be hosting legendary, nail-biting bingo tournaments. What do we have to say about that? Go, go Granny, it’s ya birthday!