12/02/2008 12:11:58 PM

add your comments

50 CENT - 50 CENT HIT BY FINANCIAL CRISIS

50 Cent picture
Caption: 50 Cent BET Hip Hop Awards 2008 - arrivals Atlanta, USA ....

50 Cent picture 2221525
50 Cent picture 2221522

Click for the 50 CENT Gallery


Rapper 50 CENT is adamant no one is safe from the current global economic downturn - the crisis has already caused him some major financial problems.
The hip-hop star's new album, Before I Self-Destruct, was slated to hit stores in the U.S. on 9 December (08). But he was forced to postpone the release until early 2009, because of fears that struggling music fans will be reluctant to splash out on luxuries like CDs.
And the star admits the credit crunch has also begun to affect his investments, losing him "millions of dollars" in decreasing stock values.
He says, "Pushing (the album) back was to position myself a little better. I've lost a couple of million dollars already. 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 are decreasing.' So I take loss like everyone."


12/02/2008 12:11:58 PM


Also see: 50 Cent



50 CENT News Letter

Subscribe to this news alert service to receive news and reviews on 50 CENT

Sign Up Now


add your comments





©2008 Contactmusic.com Ltd, all rights reserved