50 Cent Recalls First Purchase After Signing Deal With Eminem & Dr. Dre In 2002

24x7 Team

50 Cent Recalls First Purchase After Signing Deal With Eminem & Dr. Dre In 2002

50 Cent reveals what he did with the money after his deal with Eminem and Dr. Dre.

50 Cent is currently on the London leg of his worldwide Final Lap Tour, and the rapper sat down with Apple Music’s Rebecca Judd for a backstage interview. During the conversation, the POWER mogul revealed what he did after signing $1 million deal with Eminem and Dr. Dre in 2002.

“I bought my grandmother a C220 Benz,” he reveals. “I’ll never forget because when I got the car, I got it right away is the first thing I bought when the deal was done.”

“And then I went on the tour and I came back and my grandfather was on the porch and he was having a moment. So he was like, ‘I just went to work. I went to work, hurt my back, came back, and she done brainwashed my kids.’

“And he was talking about my grandmother because he was looking at her car in the front yard and he didn’t have a car. He had the older car and he said, ‘I went to work, hurt my back. Until my back hurt, everything.’”

In the interview, the rapper reveals how he started buying things to save taxes after his world tour in support of hit debut album Get Rich or Die Tryin’. “We went on a world tour and we came back. I had $38 million in my account,” he reveals. “The IRS are coming, [so it’s like] — buy it. Whatever you want, buy that shit because they’re just going to take the money anyway. You need expenses. That’s when I ended up buying the Tyson estate, the house and stuff.

He continued, “I needed expenses. I didn’t know what would create a bigger comfortability for me at the time. And then anybody that you talked to in finances would look at it and say, yeah, you can… If you buy a property, it’s $3 million or $4 million and you just made $38 million. And yes, this is good for your taxes actually, that you made the purchase and you should buy some cars.”

 

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