50 Cent Concerned About His Money In Bad Economy
December 1st, 2008 | Posted in Celebrity Gossip
Hip-hop superstar 50 Cent is reportedly concerned about his financial assets as real estate values plummet, stock markets struggle, and a recession looms.
“I lost a couple million dollars already,” the rap mogul told Canadian Press. “I sit with my investors and business managers and accountants looking at the numbers and I’m like, ‘Yo, the values of stocks in different areas that I invested in are decreasing!’ So I take the loss like everybody else.”
The sagging economy also persuaded Fif to delay the release of his new album, “Before I Self Destruct,” which was supposed to hit stores in time for Christmas. The release has been pushed back into 2009 to get more radio play for singles and build up as much hype as possible to ensure that CD sales aren’t disappointing.
“Pushing it back was to position myself a little better. I want to make sure (buyers) hear some things before I actually get my CD physically on sale,” he said.
Over the past year, the 33-year-old rapper has also been trying to sell his $18.5 million dollar mansion that was purchased from Mike Tyson. Every night that he sleeps in the home he’s reminded of the former world champion boxer’s fall from grace.
“I’m waking up in a room that was previously Mike Tyson’s bedroom, a fighter who earned over $500 million in his actual career, and when I purchased his house from him he was in bankruptcy,” said 50. “If that’s not a strong enough reminder for you, I don’t know what’s going to remind you to be aware of where you are financially and make conscious decisions.”
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Jamie Foxx: I’ll Have An Ear With Hot Sauce
February 25th, 2008 | Posted in Celebrity Gossip, Celebrity News, Movies, Sports
Oscar-winner Jamie Foxx is set to portray Mike Tyson in an upcoming film about his life.
The legendary boxer, who chomped off part of Evander Holyfield’s ear in a 1997 title fight, is preparing a Hollywood blockbuster about his controversial career.
He says, “Jamie Foxx and I will be working together. He will play me in the film about my life. We already talked about it several times.”
Jamie was a natural choice for the role as he has the looks and personality to match such an outrageous character. …on the edge of your seat? Keep reading!
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50 Cent Sells Tyson’s Old Mansion On MTV’s Cribs
November 29th, 2007 | Posted in Music News, Television
50 Cent has put his luxurious Connecticut mansion on the market for a massive $18.5 million.
The Candy Shop rapper bought the extensive Farmington estate, which was once owned by boxer Mike Tyson, in 2004 and has turned part of the 19-bedroom property into his own private nightclub, where the rapper hosts celebrity parties. He has also installed his own state-of-the-art music studio, where he recorded his most recent hits tracks.
Hoping it will help him make a quick sale, 50 has agreed to let MTV cameras into his home to record a special edition of MTV’s Cribs, which will air tonight.
Well, I for one am going to check out this episode of MTV’s Cribs. After all, how often do you get to see a rapper showing off something that appreciates in value?
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Mike Tyson Released From Jail
November 21st, 2007 | Posted in Celebrity News, Sports
Mike Tyson has been released from Arizona’s infamous Tent City Jail, after serving his 24-hour sentence overnight.
The 41-year-old former heavyweight champion was handed the one-day sentence on Monday after pleading guilty to one felony count of cocaine possession and one misdemeanour count of driving under influence.
According to a Fox News report, the shamed boxer spent his time reading the Mark Jacobson book, American Gangster, which inspired the big screen adaptation starring Denzel Washington and Russell Crowe.
Mike Tyson will also serve three years probation and perform 360 hours of community service.
