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Curtis James Jackson III (born July 6, 1975), recognized expertly since the 50 Penny,n 1 are an american rap artist, actor, tv manufacturer, number executive, and you may businessman.
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His Connecticut personal bankruptcy processing stated that he possessed seven cars appreciated in the more $five-hundred,000, and an excellent 2010 Moves-Royce and you can a 1966 Chevrolet Coupe. Concurrently, Jackson missing a conflict more than an unsuccessful team offer associated with his Smooth headphones, in which Jackson spent more $2 million. The fresh bankruptcy arrived weeks immediately after a great jury bought your to expend $5 million so you can Rick Ross's ex-girlfriend Lastonia Leviston for invading the woman confidentiality from the post on line a good sex tape of her plus one man. For the July 17, the brand new Court given an order making it possible for a creditor in order to go-ahead with the new punitive problems phase of a go against Jackson inside the a good New york state court regarding the the brand new so-called launch of an exclusive video clips. In the December, Mayweather and Jackson parted organization, that have Jackson taking over the new venture company and you can beginning Texts Advertisements which have Gamboa, Dirrell, Dib, James Kirkland, Luis Olivares, and Donte Strayhorn inside the secure. For the July 21, 2012, Jackson turned an authorized boxing promoter when he formed his the brand new team, TMT (The bucks Party).
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The joint venture is partnered between Jackson, basketball player Carmelo Anthony, baseball player Derek Jeter and Mathias Ingvarsson, the former president of mattress company Tempur-Pedic. In December 2014, Jackson signed a $78 million deal with FRIGO Revolution Wear, a luxury underwear brand. The rapper was asked to take part in two promotional bottle signings, one in Oak Creek and another in Sun Prairie. In 2014, Jackson became a minority shareholder in Effen Vodka, a brand of vodka produced in the Netherlands, when he invested undisclosed amount in the company, Sire Spirits, LLC. Though he no longer has an equity stake in the company, Jackson continues