50 Cent Opens Up About His Legal Fees and Business Structure in Latest Podcast Interview
Rap mogul 50 Cent has recently spoken candidly about his financial journey, revealing that he has spent a staggering $24 million on legal fees throughout his career. The Queens-born rapper made the admission during a recent episode of the Million Dollaz Worth Of Game podcast, where he delved into his career, pop culture opinions, and finances.
In the interview, 50 Cent jokingly remarked, "I’ve spent $24 million in my career, so far. I can’t wait ’till I get rich… Just on lawyers. I’ve spent $24 million in my career on legal fees." He also emphasized the importance of having a strong legal team, stating, "When they agitate me, I’ll send the f**king lawyers."
The Get Rich Or Die Tryin’ creator also discussed his business structure, explaining why he chooses to have legal representation at all times but doesn’t need a management team. "I have general counsel. I don’t have a manager," he said. "Why do I need you to manage me for? I’ve done every deal a 100 f**king times that I would be doing for me as a music artist. Why do I need you to do that for? They all want to work at a percentage and you want a percentage of me? You didn’t build this — I built it."
In addition to his legal fees, 50 Cent also spoke about his $1 million deal with Shady Records and the responses he received from industry professionals. He revealed that the only person who downplayed the deal was Damon Dash, who said the amount was "no money." 50 Cent responded, "The only person that pointed out a million dollars was no money was Damon Dash, and he has no money now. How you gonna say that’s no money?" He also shared Dame’s reasoning at the time, mimicking the record executive’s tone, "After you get you a watch, chain, look out for the homies and then do this, then it’s nothing."
Fif explained why Dame’s response hit him a certain way, stating, "I’m from 134th Street. A million dollars is a lot of money. I think I hit the lotto. How are you gonna say that it’s no money? I just never forgot that because of how it felt."
