50 Cent’s MTV Cribs featured Farmington, CT estate - sold for $2,900,000

Born on the Southside of Jamaica Queens, Curtis James Jackson III better known as 50 Cent – is what some would consider a mogul but according to 50 “don’t call him that – he doesn’t want the title and for good reason. Earlier in his career, shortly after recording his debut album “Power of the Dollar” – 50 was struck by 9 bullets during a May 2000 shooting.

After his 2002 mixtape was discovered by Marshall Mathers aka Eminem – Eminem signed 50 to his label, Shady Records which is an imprint of Dr. Dre’s Aftermath Entertainment and Interscope Records.

50’s debut album “Get Rich or Die Tryin” was released in February of 2003 – peaking at the top of the Billboard 200. The album featured popular songs like “In Da Club”, “21 Questions” featuring Nate Dogg, “P.I.M.P” which featured Snoop Dogg, “Many Men”, he subsequently released a film in 2005 with the same title - with 50 playing the character of Marcus - the film contained autobiographical elements from 50 Cent's life and used it as inspiration - such as his childhood experiences as a drug dealer.

In 2003 he launched the record label G-Unit Records and G-Unit Films and Television - originally known as G-Unit Films. G-Unit Records consisted of artist such as Lloyd Banks, Tony Yayo, Young Buck, Olivia, Mobb Deep and M.O.P.

The Game was later signed in a joint venture with Dr. Dre's Aftermath Entertainment.

50 released his 2nd album – ‘The Massacre’ in 2005, it experienced similar success and he went on to create three more studio albums and focused on other business ventures and investments – business ventures, such as VitaminWater for instance. Back in 2004, Glacéau offered 50 a stake in VitaminWater and he went on to do ads and promos for the brand. Originally, he wanted to invest in the Vitaminwater brand alone – however sources state that all parties eventually came to the final deal. The company’s sales reportedly grew from $100 million to $700 million within three years with help from 50 Cent. The Coca-Cola company snatched up Glacéau for $4.1 billion and 50 himself pocketed an estimated $100 million.

There’s one purchase that 50 Cent acknowledges was his tuition into the school of experience when it comes to money and business and that’s the former home of Mike Tyson, that he purchased back in 2003.

This Farmington, CT estate has quit the history in regards to its owners – dating back to 1985 when it was originally built. Professional boxer, Mike Tyson purchased the estate in 1996 for $2.8 million and promptly spent millions to make it his own.

After completing some massive renovations to the property – just a year later, Tyson put the home up for sale with a price tag of $22 million – even with furnishings included – it did not find a buyer.

In 2003 the home was awarded to Mike Tyson’s ex-wife Monica Turner in a divorce settlement – 50 Cent then purchased the home from her a few months later for $4.1 million dollars. It was reported that 50 spent $6 million on renovations to the property.

Situated on just over 17 acres of land the home has over 50,000 square feet of living space. Including the separate guesthouse – there’s 21 bedrooms and 35 bathrooms. According to 50 – he stated that the property even has 3 full kitchens and 3 half kitchens.

The main home has double winding staircases – and a formal dining area.

There’s hardwood and tile flooring throughout the home – with carpet in most of the bedrooms and movie theatre.

There’s an indoor pool as well as an outdoor pool with a grotto.

Indoor and Outdoor Basketball Court along with a full gym and if those property highlights weren’t enough – we can’t forget the recording studio, nightclub, pool hall as well as a strip club.

After a few years of ownership – 50 listed the property for $18.5 million dollars and over the years - the listing price would be reduced.

One could understand why 50 Cent was adamant about unloading this property – in an interview he did on Big Boy’s Neighborhood, 50 explained that the upkeep on the home was roughly about $700,000 annually.

When asked why he purchased such a large home – so early on his career, he stated:

“My character has changed... at that point it was allowing me to bring everybody and still have my space...that type of place is a facility for entertainment... it’s not a home... it was ridiculously big.”

50 ended up selling the home in 2019 at a loss for $2,900,000 but there was essentially a positive outcome because it was reported that the nearly $3 million in proceeds went to The G-Unity Foundation - a nonprofit public foundation established by rapper 50 Cent. The foundation provides grants to nonprofit organizations that focus on improving the quality of life for low-income and underserved communities across the United States.