50 Cent ends The Sleek by 50 only months after Launch

By Mr. Hollywood
JR Staff Writer

Once he was able to break into the game, 50 Cent broke in a major way. For only a few short months was 50 Cent just a rapper. It did not take long for 50 to establish himself as one of the moguls in the hip hop game. Through several business ventures, 50 Cent amassed a net worth over $100 million.

While 50 Cent has had several successful business ventures, he has also had several unsuccessful ventures. Before he made it big, 50 Cent had another label, Full Clip. Through this label, 50 released some independent albums. G-Unit was signed to the label, but Full Clip fell apart.

Early in his career, 50 Cent launched G-Unit Clothing to much fanfare. But, eight years later, the clothing line is no longer in circulation. His most recent venture was a new headphone line, The Sleek by 50. The line follows in the footsteps of Dr. Dre's groundbreaking Beats by Dre line. After he launched the line, 50 Cent said Dr. Dre was angry at him for doing so.

50 Cent accused Dr. Dre of dissing him several times. When confronted, Dr. Dre claimed he did not even know 50 Cent had a headphone line. Not only did 50 Cent have a headphone line, he had purchased enough stock in the parent company, H&H Imports, to become a board member. Through this stock, 50 Cent generated $8 million in one day. Only three months after this fast star, 50 Cent has decided to end the headphone line.

Sleek Headphones said they wanted to move in a different direction and The Sleek by 50 has been pulled off their inventory list.

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50 Cent takes credit for H&H Imports stock increase

By Mr. Hollywood
JR Staff Writer

Shortly after announcing his deal with Sleek headphones, which made him millions, 50 Cent wanted more money. Over the years, he has presented himself as more of a businessman and less of a rapper. Keeping the trend going, 50 Cent purchased stock in the parent company of Sleek, H&H Imports.

Upon investing in the company, 50 Cent made $8 million. He immediately went on his Twitter and announced his earnings. The stock in the company went up from $0.10 to $0.39. 50 Cent is now a major player in the company. In the near future, he will be named as a board member in the company.

H&H Imports is currently booming, making news in the Wall Street Journal and other business publications. Things are going well and the executives are very happy. 50 Cent promised all of those who followed his lead that something bigger was right around the corner. He made a similar investment in Vitamin Water and they were purchased by Coc-a-Cola and all the stockholders were paid well.

50 Cent says a similar situation may come with H&H Imports and that it is all because of him. He feels every executive in the company owes him for making them richer. 50 Cent made more boastful tweets about the stock, but removed some because he could come under investigation for insider trading. The Security Exchange Commission could investigate him for guaranteeing an investment in the company could double their money. Now a wealthy man, 50 Cent no longer seeks to break the law.

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