Is 50 Cent still making money from Vitamin Water?

Is 50 Cent still making money from Vitamin Water?

50 Cent was previously one of the world's wealthiest rappers, largely thanks to his minority stake in Vitamin Water. In 2007, the Coca-Cola Company acquired Vitamin Water from Glacéau for $4.1 billion. ... While the rapper no longer has an equity stake in the company, he continued to act as a spokesman for Vitamin Water.

How much did 59 Cent make from Vitamin Water?

On , Rohan Oza's old company acquired Vitamin Water's parent company Glaceau for a mind-boggling $4.1 billion in cash. That purchase price reportedly earned 50 Cent an estimated $150 – $200 million before taxes, roughly $75 million – $100 million after taxes.

What year did 50 Cent selling Vitamin Water?

In October 2004 50 Cent did a deal with Glacéau Vitamin Water that would go on to become one of the biggest and most successful in hip hop history. In 2007, the Coca-Cola Company acquired Vitamin Water from Glacéau for $4.1 billion.

How much did Vitamin Water make last year?

The years subsequent to the Vitaminwater purchase saw Coca-Cola's marketing team do wonders: Vitaminwater went from annual sales of $350 million to more than $1 billion.

What is 50cent worth?

His assets were listed as between $10 million and $50 million in his bankruptcy petition, though he testified under oath that he is worth $4.4 million.

What is 50 Cent worth?

His assets were listed as between $10 million and $50 million in his bankruptcy petition, though he testified under oath that he is worth $4.4 million.

What is Coca-Cola's net worth?

Coca Cola Net Worth is $230 Billion in 2021. Coca-Cola is a very famous multinational beverage company of America.

Does Coke own Vitaminwater?

Summary Vitaminwater is a brand of beverages owned by the Coca-Cola Company. It contains added vitamins and minerals and is generally sweetened with sugar. There is also a “Zero” line without added sugar.

How many copies of Vitamin Water did 50 Cent sell?

• Between March and July the album sold an impressive 5 million copies in the United States alone and would eventually sell over 15 million records world wide. This news was actually bitter sweet for 50 Cent's manager Chris Lighty.

How much money did Vitamin Water make in a year?

• Within a year, Vitamin Water's sales exploded to the point where it controlled 30% of the U.S. sports water market. Annual revenues grew from $100 million, to $355 million to $700 million between 20. On , Rohan Oza's old company acquired Vitamin Water's parent company Glaceau for a mind-boggling $4.1 billion in cash.

What kind of water does 50 Cent drink?

• Rohan was now the brand manager for a company called Gleceau which owned a fledgling sports drink called Vitamin Water. To Rohan's shock and amazement, at the end of the Reebok commercial 50 Cent took a big swig of Vitamin Water. After growing up around alcoholics and drug addicts, 50 Cent does not drink alcohol and is a total health nut.

Who was the first celebrity to endorse Vitamin Water?

• When the meeting was done, 50 Cent agreed to be Vitamin Water's first celebrity endorser in exchange for a $5 million fee and a 5% equity stake in the company.