No one can call rapper 50 Cent a dummy. He had been drinking buying so many Vitamin Water drinks, he doesn't drink alcohol, that in 2004 he decided to invest in the company that owns it, Glaceau.
50 Cent, (Curtis James Jackson III), has his bank account increased now that Coca Cola has bought Glaceau, the makers of the popular brand Vitaminwater, for $4.1 billion in cash.
The rapper invested in Glaceau in 2004, and owns a chunk of the company, who in turn put out the grape flavored water and called it "Formula 50."
With Coca Cola acquiring Glaceau by May 25th, 50 Cent stands to make roughly $400 million US, which is his percentage of ownership in the company. Glaceau, whereas, will operate as separate business unit within Coca-Cola North America (CCNA), allowing the company to continue to grow in the marketplace, while taking advantage of Coca-Cola's marketing, management and distribution resources globally.
From the man who brought the world, "Get Rich Or Die Tryin'", I'd say he's done that. Geez.
source via ontd
50 Cent, (Curtis James Jackson III), has his bank account increased now that Coca Cola has bought Glaceau, the makers of the popular brand Vitaminwater, for $4.1 billion in cash.
The rapper invested in Glaceau in 2004, and owns a chunk of the company, who in turn put out the grape flavored water and called it "Formula 50."
With Coca Cola acquiring Glaceau by May 25th, 50 Cent stands to make roughly $400 million US, which is his percentage of ownership in the company. Glaceau, whereas, will operate as separate business unit within Coca-Cola North America (CCNA), allowing the company to continue to grow in the marketplace, while taking advantage of Coca-Cola's marketing, management and distribution resources globally.
From the man who brought the world, "Get Rich Or Die Tryin'", I'd say he's done that. Geez.
source via ontd
1 comment:
Wow, that's a hot investment. What a smartypants!
Post a Comment