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-   -   Wow, 50 Cent just made $400 mil off Vitamin Water (http://www.insidehoops.com/forum/showthread.php?t=42796)

konex 05-26-2007 12:02 AM

Wow, 50 Cent just made $400 mil off Vitamin Water
 
http://www.urbannetwork.com/cms/index.php?news=960

Quote:

New York Rapper 50 CENT is drinking Vitamin Water Straight to the Bank. Glaceau, the makers of the popular brand was acquired by the Coca-Cola Company (May 25) for $4.1 billion dollars. The multi-millionaire who is planning for the September 4th release of his curtis album owns a 10% share of the Glaceau company which he invested in 2004, earning him $400 million dollars. The company markets and distributes a grape flavored energy drink inspired by 50 named Formula 50. “This is an outstanding opportunity for both of our companies to build an expanded active lifestyle business, first in the United States and then around the world,” says Muhtar Kent, President of the Coca Cola Company.

Written By: Britani Dixon

:applause:

jjswifty 05-26-2007 12:09 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
daaaaaaamn. :eek:

He cant even give back to the hood. :lol:

konex 05-26-2007 12:10 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
He's a smart guy though. What a great investment...

Bobcat4Ever 05-26-2007 12:13 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
:applause:

kaiteng 05-26-2007 12:13 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
I just know 50 Cent invested on this drink. I tried once during NY trip last August and like it.....

Randy 05-26-2007 12:19 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
Formula 50 is the best Vitamin Water flavor too, I always hated buying it because I figured he got a residual cut off of it.

GoRapz 05-26-2007 12:38 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
Wow. 400 Million. Does this move him infront of Jay-Z or what?

Nashformvp 05-26-2007 12:53 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
Quote:

Originally Posted by GoRapz
Wow. 400 Million. Does this move him infront of Jay-Z or what?


Come on man Jay-Z is the CEO of hiP-HOP.

geeWiz15 05-26-2007 01:09 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
I like it. the commercial is awesome. vitamin water is the greatest invention of the last decade. 50 "gets money" or whatever. great for both sides.

IBLEEDGREEN43 05-26-2007 01:15 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
fiftys a business man.. and his new song straight to the bank is insane

B-Low 05-26-2007 01:22 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
See Cam can talk all his stupid high school "no snitchin" crap he wants, but the point is 50 is makin money. I'll take $400 million over a little street cred any day of the year

bigboi_baller 05-26-2007 01:37 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
$400 million?


I'm going to seriously consider getting shot 9 times now

Chalkmaze 05-26-2007 01:49 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
I wonder how much he paid for the 10% though... Certainly not around $400 million, but.. like what $40 million? Anyone know?

I'm not sure if he's a smart business man, or got lucky... Wonder if it was his idea, or if he has someone who advises him on investment oppurtunities.

Randy 05-26-2007 02:05 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
Quote:

Originally Posted by Chalkmaze
I wonder how much he paid for the 10% though... Certainly not around $400 million, but.. like what $40 million? Anyone know?

I'm not sure if he's a smart business man, or got lucky... Wonder if it was his idea, or if he has someone who advises him on investment oppurtunities.


$400 million was his 10% cut of the $4.1 billion that Coca Cola paid for Vitamin Water.

Chalkmaze 05-26-2007 02:15 AM

Re: Wow, 50 Cent just made $400 mil off Vitamin Water
 
Quote:

Originally Posted by Randy
$400 million was his 10% cut of the $4.1 billion that Coca Cola paid for Vitamin Water.


Right, but how much did he pay for the 10% originally?


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