50 Cent Nets $400 Million From A Coca-Cola Deal

[Ian]

Rapper 50 Cent is going straight to the bank - he's reportedly received a massive $400 million pay check after The Coca-Cola Company bought the firm behind his energy drink Formula 50 last week.

http://www.starpulse.com/news/index.php/2007/05/29/50_cent_nets_400_million_from_a_coca_col

 

[jasdon11]

Wow....nice!

 

[duceman]

If I remember right, Brian Urlacher, Kasey Kahne, and David Ortiz all had some interest in the company as well.

 

[GAMEFINEST]

good deal ..

 

[tonyfloyd]

yeah and David Wright from the Mets was given a .05% ownership in Vitamin Water instead of $$ upfront .......estimated value is about $20 million....Nice move David!!

 

[BiggieBiggie is verified member.]

fiddy was making loot from this wa-wa for some time, as he was the front man for the rap crowd.

coke ain't the "real thing" it used to be!

especially when you gotta buy back market share....from bottled water!

 

[hugegrowth]

Better to be an owner than get paid by the hour, good for him.

 

[seanboy]

fiddy was making loot from this wa-wa for some time, as he was the front man for the rap crowd.

coke ain't the "real thing" it used to be!

especially when you gotta buy back market share....from bottled water!

lol..you said "wa-wa"

 

[hugegrowth]

was also just reading an article how non-carbonated drinks, like vitamin water, is the new growth area for beverages, and that the carbonated market is pretty much saturated. Coke can't grow with coke anymore so they need to buy companies like this. One more buyout...