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50 Cent Has Made Million Off Bitcoin He 'Forgot' About

50 Cent Has Made Million Off Bitcoin He 'Forgot' About

Remember last year when 50 Cent declared himself bankrupt? Well, the rapper has managed an impressive reversal of fortunes and now says that he's made millions on bitcoin by accident.

Sources told TMZ that Fiddy was the first rapper to accept bitcoin as payment for one of his albums - Animal Ambition back in 2014.

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According to the source, the project earned him 700 bitcoins, which at the time totalled about $463,000. Talk about Get Rich Or Die Trying.

However, fast forward a few years and the crypto-currency has had a remarkable few months, in terms of value, and 50's 700 bitcoins, which are still sitting in his account, are worth more than $7 million and could, of course, rise even further.

In an Instagram post from last Tuesday, the rapper wrote that he 'forgot' about the payment, writing: "I'm a keep it real, I forgot I did that shit. Lol"

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Only 50 Cent could forget about $7 million in the bank and think the whole thing was 'lol'-worthy.

Credit: Instagram
Credit: Instagram

During a Reddit AMA, 50 admitted that he accepted bitcoin as payment to 'stay with the times' and that was a little gamble that certainly paid off, wasn't it? Because despite Animal Ambition being one of his worst selling albums, it has turned out to be one of his best investments yet.

Despite being worth an absolute mint, 50 decided that enough was enough and he didn't fancy talking about it anymore. He shared a video of a dude falling down a hill and landing on his face to his Instagram account (honestly, he did) with the caption: Stop talking about my money. Look at this shit. LOL"

Stop talking about my money,:eyes:look at this shit. LOL#denofthieves #theoath
A post shared by 50 Cent (@50cent) on

Whether 50, real name Curtis Jackson, will take the money and run, as bitcoin has dropped in value over the past few days, or continue to 'forget' about it and see how it turns, we don't know. But either way, we can be pretty sure that's he's happy he decided to accept the little-known currency all the way back in 2014.

I wonder if I've ever been paid in bitcoin and forgot about it? Worth a check, isn't it?

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Featured Image Credit: PA

Topics: Bitcoin, Celebrity, Music, 50 Cent, US Entertainment

Claire Reid

Claire is a journalist at LADbible who, after dossing around for a few years, went to Liverpool John Moores University. She graduated with a degree in Journalism and a whole load of debt. When not writing words in exchange for money she is usually at home watching serial killer documentaries surrounded by cats. You can contact Claire at [email protected]

 

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