Ganymede
05-30-07, 11:39 PM
Queens, NY rapper 50 Cent may have good reason to brag on his new single "Straight to the Bank."
Glacéau, the company that produces vitaminwater, was acquired by The Coca-Cola Company today (May 25) for $4.1 billion dollars in cash.
50 Cent invested in Glacéau in 2004 and owns 10% of the company.
Sources told AllHipHop.com that Coca-Cola's purchase of Glacéau earned the rapper an estimated $400 million dollars.
Glacéau markets and sells popular energy drinks named vitaminwater.
The company markets and distributes a grape flavored energy drink inspired by 50 Cent named "Formula 50."
http://www.allhiphop.com/hiphopnews/?ID=7138
Kudos! A smart Rapper who invests in stocks, instead of useless BLING!
Glacéau, the company that produces vitaminwater, was acquired by The Coca-Cola Company today (May 25) for $4.1 billion dollars in cash.
50 Cent invested in Glacéau in 2004 and owns 10% of the company.
Sources told AllHipHop.com that Coca-Cola's purchase of Glacéau earned the rapper an estimated $400 million dollars.
Glacéau markets and sells popular energy drinks named vitaminwater.
The company markets and distributes a grape flavored energy drink inspired by 50 Cent named "Formula 50."
http://www.allhiphop.com/hiphopnews/?ID=7138
Kudos! A smart Rapper who invests in stocks, instead of useless BLING!