We Speak Entertainment
50 Cent reportedly made millions selling his album for bitcoin
The rapper 50 Cent accepted bitcoin as payment for his 2014 album, “Animal Ambition,” according to TMZ.
The 700 bitcoins he is said to have raked in are now worth $7 million to $8.5 million, and he reportedly hasn’t offloaded his stake yet.
50 Cent looks to have figured out a way to make a killing in the struggling music industry, and it involves everyone’s favorite cryptocurrency.
The rapper, best known for his string of chart-topping hits in the early 2000s, accepted bitcoin as payment for his 2014 album, “Animal Ambition,” according to a report from TMZ. The digital currency was worth roughly $662 a coin back then, and TMZ cited sources as saying 50 Cent was able to rake in 700 bitcoins.
Now that the red-hot cryptocurrency has exploded higher, trading at about $11,300, a 700-bitcoin stash would be worth $7 million to $8.5 million, TMZ calculates.
This wouldn’t be 50 Cent’s first time finding himself in a lucrative investment situation. About a decade ago, he became a minority shareholder and celebrity spokesman for VitaminWater, only to make a whopping $100 million after taxes after its parent company was purchased for $4.1 billion, according to Forbes.
While 50 Cent would certainly have been ahead of the curve in terms of transacting bitcoin, he would not be alone. In a recent op-ed article for Business Insider, the Seattle Seahawks superstar Richard Sherman said his online store started accepting the cryptocurrency “long before people were campaigning for Amazon to allow virtual currencies as a payment method.”
We Speak Entertainment
William Keck Guests On “If These Walls Could Talk” With Hosts Wendy Stuart and Tym Moss Wednesday, November 27th, 2024
Who else but hosts Wendy Stuart and Tym Moss could “spill the tea” on their weekly show “If These Walls Could Talk” live from Pangea Restaurant on the Lower Eastside of NYC, with their unique style of honest, and emotional interviews, sharing the fascinating backstory of celebrities, entertainers, recording artists, writers and artists and bringing their audience along for a fantastic ride.
William Keck will be a featured guest on “If These Walls Could Talk” with hosts Wendy Stuart and Tym Moss on Wednesday, November 27th, 2024 at 2 PM ET live from the infamous Pangea Restaurant.
Wendy Stuart is an author, celebrity interviewer, model, filmmaker and along with If These Walls Could Talk she hosts TriVersity Talk, a weekly web series with featured guests discussing their lives, activism and pressing issues in the LGBTQ Community.
Tym Moss is a popular NYC singer, actor, and radio/tv host who recently starred in the hit indie film “JUNK” to critical acclaim.
With the recent release of William Keck’s best-selling “When You Step Upon A Star: Cringeworthy Confessions of a Tabloid Bad Boy” (https://whenyoustepuponastar.com/), William Keck writes about the hundreds of public personalities he reported and spied on. Keck openly discusses both the famous and infamous who feared or hated him, and those who transitioned to admiration or friendship.
Drawing from his three decades working as an entertainment reporter for such publications as the National Enquirer, People, Entertainment Weekly, USA Today and the Los Angeles Times, and as an Emmy-nominated producer for Hallmark Channel, Discovery Channel and NBC, Keck confesses ALL about his most memorable celebrity encounters that (for one reason or another) went horribly wrong. Far more than a shocking admission of past sins, When You Step Upon A Star chronicles the repentant author’s own evolution from a lonely only child obsessed with Hollywood stars, to an eager tabloid snoop keeping personal secrets of his own, to a well-respected journalist who ultimately learns from his mistakes, changes his wicked ways and befriends the celebrities he’d once wronged.
Watch William Keck on “If These Walls Could Talk” with hosts Wendy Stuart and Tym Moss on YouTube here:
Subscribe and listen to “If These Walls Could Talk” on Apple Podcasts/iTunes here:
https://podcasts.apple.com/us/podcast/if-these-walls-could-talk/id1561221158
-
We Speak Actors1 day agoChi Lewis-Parry takes on the role of Phoebus in Ridley Scott’s ‘Gladiator II’
-
We Speak Actors1 day agoThe Inspiring Journey of Gala Botero: An Actress Reflects on Her Career and Future Projects
-
We Speak Music1 week agoTony DeYoung: Defying Doubt, Redefining Success
-
We Speak Actors6 days agoThe Indomitable Dr. Meleeka Clary: A Beacon of Resilience and Hope