50 Cent Hit By The Recession, Must Sell Old Diamonds Before Buying New Ones
Oh, boo hoo!
Rapper 50 Cent revealed that even he has been hit by the recession losing "a few million" from his fortune. He's also had to change some of his spending habits, mainly his penchant for jewelry.
"I buy diamonds on a very regular basis, but now I am selling my old stuff before I get something new. These are times when you learn about the value of money.
If you don't lose money in this recession, it means you didn't have enough to start off with. Sure, I lost a few million, but that's because I have so much. This is a time that will sort out the strong from the weak."
In fact, 50 is so confident in his money-handling abilities he confidently states:
"Any businessman who wants a piece of the future should learn from me. Obama is great. If he wants me as his financial adviser that would be cool."
We seriously doubt the President would have the same reaction.
[Image via WENN.]
A Worthwhile Cause
Mamma Mia Minus ABBA?
i doubt felons could get jobs with the white house, but then again considering this administration anything goes
50 cent, I'll take one piece of jewelry off your hands just let me know!
It so funny how he pretends to be someone he's not. Yah he's rich, but that only takes you so far. You cant buy brains or modesty apparently. Dont forget where you came from!
What a lame ass. "I had so much." does he wanna brag like that to his fans who have been hit much harder by the recession because they're NORMAL people?! Asshole. I used to be a big fan of his, but for the past few years, his music & his attitude have sucked. I have no desire to buy his new album.
Boo-Hooo and fuck off. There are people who can't feed their families and this douche wants to talk about his diamonds….. like someone else already said.. REMEMBER WHERE YOU CAME FROM!
50 Cent has it wrong…he should hire Obama to help organize his diamonds
hahahahahahahahahahahahahahhahahaahah.
I thought I liked fitty - but he sounds like a complete douche-monger in this interview.
50 does know where he came from. He is also very intelligent. He earned his money. He got most of it from taking up stock in Vitamin water. Anybody, INCLUDING ALL OF YOU, can earn that money the way he did.
He made 150 million in one year from Vitamin Water. He is smart.
what an idiot! People are struggling just to make ends meet and to keep thier homes, and this crackhead talks about diamonds?
typical black monkey: big lips, small brain
Thank you guys for never letting me down! I knew some insecure jealous poor white trash ass hole was gonna come with something hatful!! You guys give me a laugh! THANKS! You will never have 50’s money, success, or fame! Just your trailer….LOL. Perez IDK how you get the most racist ppl to follow ur blog!????(NOT) But you ass holes never fail to make me laugh with your racist comments…like I know Imma get it.
It's vulgar to talk about your own personal wealth like that.
Actually 50 has an amazing financial team and has made EXCELLENT financial decisions…Vitamin Water anyone?? He is also involved in the financial backing of SEVERAL Broadway shows…hmmm not quite the homophobe Perez makes him out to be.
LOL what a toolbag
"Omg i lost a few million but i have so much money i'm saw smarts w mah monies"
Hey a tip, maybe stop buying unnecessary shit? God I hate these nouveau-riche tacky douchebags who don't know what to do with their money.
Re: Catha –
He's not talented or a musician. He's just lucky, very lucky and should thank the stars he has what he has because it is definitely not because of hard work.
if black entertainers would stop spending money like its going out of style then maybe…..just maybe they wouldnt go thru all this financial drama and be positive rolemodels for all blacks world wide
and i am black…at least half.. lol
His teeth scare me.
AW!!!!!! poor bb he has to sell his jewlery before buying more?!?!?! BULLSHIT…..who the fuck cares how much he lost, he definatly has millions more
Re: h8terboi – racist = unecessary. whats really wrong with you?
What is it with celebrities and big, huge, glow-in-the-dark dental veneers? Seriously…who decided that this was a good look? Wait, I think I know. The same people that give middle-aged women chipmunk cheeks…
I bet he uses the cash for gold envelope.
Another person with too much money for what he's actually worth.
What is your beef with 50? Are you pissed that he is a successful black man and actually has made a small fortune on his "brand"? Are you jealous much? Personally, I like 50 and he's not whining in this article. You make it sound that way. He's obviously been smart with him money so what's the big deal? Your such a petty, pissy, jealous little bitch Perez. Getting tired of it really.
Re: lpycb42 – Luck has nothing to do with it in this economy. He IS smart about his decisions whether you agree or not and that's why he made so much money. Sounds like your a jealous little bitch too.
"It's because I have so much"?! Really?! How cocky can you get?? He needs to STFU before he wakes up to find he's totally bankrupt!! What an ass!
Re: h8terboi – Typical white trash, racist asswipe coment from same.
Too bad money can't buy class.
Translation: "You can still get new shit, just make sure and put your old shit up on EBay first. Don't let shit sit around costing you money."
"We seriously doubt the President would have the same reaction."
Wow, if you hadn't said it, nobody would've thought it!
obviously pulling a kanye by saying stupid things to get noticed.
good job!
Re: gopatriots! – me too!!
Me too that's what I do - I sell my old diamonds before I buy new ones now and I've only lost a few million so I'll be okay!!!!!
Dude doesn't handle his own money. He hires people to do it for him. Prob shouldn't take credit for your financial advisors work. What's with rappers, athletes or celebrities in general thinking that cause they are paid such gross ammounts they must be so smart and wise when it comes to things they know nothing about? Money does not buy intelligence but apparently it buys terrifying glow under black light teeth.
Re: TorontoBitch – oh i know!!!! they remind me of fake "snap on teeth" i once saw on a late night infomerical. he looked so much better with his own teeth.
Thug
What a delusional, retarded money obsessed lump of thick shit.
Well at least we know the money is not being spent on the 'Get Fresh Crew" entourage that were occupying his ex-girlfriend's (son's mother) house?
Personally, I have never been a fan of 50 Cents. But I will have to admit, this man has savvy business skills, and has a general understanding of how Corporate America works.
Good Luck 50!
Re: h8terboi – Racist people suck.
You've come a long way baby! Now how about forgoing one itty bitty diamond and helping a Grandma get a new roof! curly-19@hotmail.com
Thanks! My granddaughter and I appreciate it!