50 Cent has a room of pulling money out of sparse air by making prescient early investment . Though he has n’t been doing so smashing of late , he ’s still got some tricks up his sleeve . It turn out he accepted Bitcoin payments for his 2014 album Animal Ambition and never cashed them out . Suddenly , he ’s deep than he realise .
In 2004 , Fiddy signed an warrant hand with a little company called Vitamin Water that ended up netting himhalf a billion dollars . In the meanwhile , he ’s had his ups and John L. H. Down on the sale chart , got hurt in the 2008recession , misconduct his cash , and filed forbankruptcy . Animal Ambition was n’t much of a hitting and in a 2014articletitled , “ 9 Albums That Flopped in 2014 ( Or Did They ? ) , ” Billboard reported that it only sell 124,000 copies . Well , Billboard was right to query if it was an actual failure , because sports fan pay him 700 bitcoin that apparently have been sitting in an report with no one pay off attending . Today , that stash isworthabout $ 7.8 million .
At the time of the album ’s release , one bitcoin was deserving about $ 660 , so his haul in 2014 was still around $ 400,000 . That ’d be a lot of money to most people , but the hip - hop star seemingly forgot about it . “ I ’m a keep it real . I forgot I did that shit , ” he wrote in anow - deletedcomment on Instagram . At the time of the album ’s dismission , he did a Reddit AMA in whichhe saidhe was take cryptocurrency as a way to “ stay with times . ”
It ’s a little curious why 50 Cent deleted his original Instagram post bragging aboutTMZ’sreport on his windfall . He still hasother poststhat cite it , including a videocaptioned , “ Stop talking about my money, 👀 look at this red cent . LOL . ” One reason might be that hehad toexplain himself in failure court after post exposure of Johnny Cash on the social web . Let ’s just hope he did n’t forget hisprivate keys .
[ NPR , TMZ ]
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