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SOURCE: Go Banking Rates
Because consumers are heavily influenced by the actions of celebrities, leading personal finance site http://www.GoBankingRates.com examines the savings and investment decisions of actors, musicians and other A-listers to identify positive financial role models. In its latest report, Go Banking Rates profiles rapper 50 Cent and how regular people can emulate his smart money management decisions to grow their own wealth.
EL SEGUNDO, CA (PRWEB) January 22, 2013
While Curtis Jackson, better known as rapper 50 Cent, has garnered a reputation for living a rough lifestyle as a leading name in the “gangsta rap” music genre, personal finance resource Go Banking Rates finds that the rapper also breaks many of the stereotypes set forth by similar, high-earning artists when it comes to his own money management. In order to help readers make financially savvy choices with their money, Go Banking Rates profiles 50 Cent's financial history and highlights the smart investing and money saving tips regular individuals can learn from his decisions.
In April of 2012, Forbes cited 50 Cent's net worth at $110 million and designated him as #5 on the magazine’s list of Hip Hop’s Wealthiest Artists, also known as Forbes’ Five. In fact, over the past decade, 50 Cent has taken part in a number of ventures that have earned him tremendous wealth and it appears that he has even more irons in the fire.
Go Banking Rates managing editor, Casey Bond, states, "Jackson challenges the conventional image of a 'gangsta rapper' by not only making calculated investment decisions that result in impressive earnings, but shrewdly managing his accumulated wealth and making his money work for him."
She adds, "Regardless of how you may feel about his music, we can all learn an important lesson from 50 Cent about how to identify smart investment opportunities and maximize the money we have to help us earn more."
Go Banking Rates delves into the numerous deals that have earned 50 Cent millions, such as his Vitamin Water investment that resulted a $100 million profit when Coca-Cola purchased Glaceau in 2007, as reported by Dan Charnas for the Washington Post in December 2010.
Although 50 Cent may seem like an unlikely financial role model, but it’s clear from Go Banking Rates' examination that he has plenty of knowledge to offer those interested in growing their savings and wealth.
About Go Banking Rates
GoBankingRates.com is a national website dedicated to connecting readers with the best interest rates on financial services nationwide, as well as informative personal finance content, news and tools. Go Banking Rates collects interest rate information from more than 4,000 U.S. banks and credit unions, making it the only online rates aggregator with the ability to provide the most comprehensive and authentic local interest rate information.
Additionally, Go Banking Rates partners with a number of major media outlets such as Business Insider and US News & World Report to provide compelling and edifying personal finance content, and its expert editors have been featured and quoted on several premier finance websites like Yahoo! Finance, Forbes, The Street, Huffington Post and more.
For questions or comments, or to schedule an interview with a Go Banking Rates editor, please contact Jaime Catmull, Director of Public Relations, at JaimeC(@)GoBankingRates(dot)com, or 310.297.9233 x261.
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