Tag Archives: Curtis Jackson

Celebrity Cyber Report – Snoop Dogg, 50 Cent

Rapper/Entrepreneur Snoop Dogg

Rapper Snoop Dogg, like many rappers, is hell bent on growing his money. He has transformed his career in music into other businesses most notably the weed industry.

Now, according to TechCrunch, the D-O double G’s Casa Verde Capital venture firm recently closed its debut fund with a $45 million take.

Cannabis, weed, reefer, whatever you call it, is expanding nationwide as a business as legalization becomes the norm. Snoop’s venture firm invests seed money and Series A investments in businesses working alongside the cannabis industry. Casa Verde Capital’s website defines an ancillary cannabis business as company that it is “not touching the plant.”

Casa Verde Capital targets its investment capital on  marijuana businesses developing ag-tech, health and wellness, financial services, technology, media, compliance, and laboratory technology. According to Karan Wadhera, the firm’s managing partner,  Casa Verde has made eight “seed-stage to Series A-size investments” of “$1 million plus” so far, with the largest going to LeafLink, a marijuana marketplace for retailers and brands.

50 Cent

Now did he or didn’t he find millions of dollars in bitcoin he didn’t know he owned? The AACR reported that 50 Cent, born Curtis Jackson, claimed that he found he owned nearly $8 million dollars in bitcoins that he received off sales of a previous album.

But now Curtis Jackson is rapping a different lyric. According to TheBlast.com court documents showed that 50 admitted he never owned any bitcoin and knew the story was bull but went along because it enhanced him image. 50 Cent admitted that he never owned $8 million in bitcoin and said “so long as a press story is not irreparably damaging to my image or brand, I usually do not feel the need to publicly deny the reporting.”

But 50 Cent did a little bit more than just go along with the story. He  bragged about his sudden bitcoin windfall on Instagram and Twitter. The rapper posted  “Not bad for a kid from South Side, I’m so proud of me.” and “A little bitcoin anyone? LOL. l know l make you sick but excuse me…I’m getting to the bag.” On Instagram 50 said to his fans,  “Ima keep it real, I forgot I did that shit lol.”

 

 

Celebrity Cyber Report – 50 Cent, Drake

50 Cent

How would you like to find $8 million dollars you didn’t know you had? Rapper 50Cent did just that.

The rapper and actor recently learned that he was sitting on a stack of 700 bitcoins. 50 Cent, whose real name is Curtis Jackson, forgot he had accepted the bitcoins from some fans as payment for his 2014 album, “Animal Ambition.”

According to IBTimes 50 Cent said he wanted to “stay with the times,”  when he released the album so he allowed fans to pay for it with the new cryptocurrency. At the time the bitcoins were worth about $660 each. Purchases made with bitcoin made up about a half a million dollars from album sales. But as bitcoin values skyrocketed past $10,000 that half a mil became a helluva lot more.  Jackson now owns 700 bitcoins in total worth close to $8 million.

The iconic rapper has had his share of controversy surrounding money. In 2015 he filed for bankruptcy but managed to hold on to properties and was photographed around that time with stacks of cash. At the time he had the 700 bitcoin but their actually worth was closer to $200,000.

Drake

Rapper Drake has dethroned singer Taylor Swift as the Queen of daily downloads. The new King took the throne at Apple Music and Spotify. According to Beats 1 host Zane Lowe, Drakes’ “God’s Plan” broke the first-day streaming record on that service as well with 14 million spins worldwide.

Spotify confirmed the news with Engadget. In a statement Spotify said,  “We can confirm ‘God’s Plan’ by Drake now holds the U.S. record as the most streamed track in a single day on Spotify.” Setting records is nothing new for Drake. In 2016 he was the most streamed artist and also set the record for Spotify’s most-streamed song of all time, “One Dance.”