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The New King Of Hip-Hop cash

     It's been some year for Shawn "Jay-Z" Carter. In the past 12 months, the Brooklyn, N.Y.-born hip-hop demigod released a platinum album, signed a 10-year, $150 million deal with concert promoter Live Nation and tied the knot with longtime girlfriend Beyonce Knowles. Quite a record. But only good enough for a silver medal.

While Jay-Z topped Forbes.com's inaugural Hip-Hop Cash Kings list of the top-earning people in the business last year, in 2008 he cedes the throne to Curtis "50 Cent" Jackson, who raked in $150 million over the past 12 months--almost twice what Jay-Z made.

The new king of hip-hop wealth banked $100 million after taxes on one deal alone when his stake in VitaminWater's parent, Glaceau, was bought by Coca-Cola as part of a $4.1 billion deal. 50's portfolio also includes the popular G-Unit clothing line and record label, plus films, videogames and a slew of platinum albums, including last year's Curtis. Also in the works: a mining partnership with South African billionaire Partrice Motsepe (see "The 50 Cent Machine").

50 Cent isn't the only star in the growing firmament of "hip-hopreneurs." After years of violent rivalry marked by the murders of such icons as Tupac Shakur and the Notorious B.I.G., rap's focus has shifted from beef to cake--making money, that is. Unlike most pop and rock musicians, who make the bulk of their earnings from record sales and tours, rappers have more diversified portfolios.

 

 

 

 

 


   

 


 

 

   

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Welcome To Weekend Global.Com!!!                                                                                                                                                                                                                        A Global Business Initiative & Entertainment Portal...                                                                                                                                                                                               Expand your ideas, talents & business beyond continental boundries...                                                                                                                                             Contact us now...!!!

 

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