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50 Cent rich now , wants to emulate Eminem
Last month, HipHopRX.com, reported that 50 Cent “Curtis Jackson��? earned $400 million dollars after an announced buy of the company Glaceau/Engery Brands, Inc. by Coca-Cola. 50 Cent invested in Glacéau in 2004 and owns 10% of the company. Sources told AllHipHop.com that Coca-Cola's purchase of Glacéau earned the rapper an estimated $400 million dollars. Glacéau markets and sells popular energy drinks named vitamin water. The company markets and distributes a grape flavored energy drink inspired by 50 Cent named "Formula 50." "This is an outstanding opportunity for both of our companies to build an expanded active lifestyle business, first in the United States and then around the world," said Muhtar Kent, president and chief operating officer of The Coca-Cola Company. "Glacéau and its brands also provide us with highly attractive longer-term international opportunities. We look forward to discussing with glacéau's distributors and our bottling partners the best operating model for glacéau's routes-to-market." |
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