How much does 50 Cent make with vitamin water?
50 Cent Aimed to Keep Vitaminwater Revenue Confidential In 2007, Coca-Cola bought Glacéau for a whopping $4.1 billion. According to Forbes, 50 Cent made around $100 million. He never disclosed how much he earned from the deal and later in 2015 sought to keep the amount secret during bankruptcy proceedings.
Did 50 Cent invent vitamin water?
Jackson even helped develop his own VitaminWater, a 50 vitamin-enriched, grape-flavored formula. Jackson’s support has helped Glacéau with young consumers. And that’s one of the reasons beverage giant Coca-Cola ko bought the company in May for $4.1 billion.
How much did the Vitamin Water offer cost?
Coca-Cola purchased Glaceau’s vitamin water in 2007 for $4.1 billion. Vitaminwater grew from annual sales of $350 million to over $1 billion, and the purchase was considered one of Coca-Cola’s most ambitious and successful.
How did 50 Cent make money selling water?
In October 2004, 50 Cent struck a deal with Glacéau Vitamin Water that would go on to become one of the biggest and most successful in hip hop history. In 2007, The Coca-Cola Company acquired Vitamin Water from Glacéau for $4.1 billion.
How did 50 Cent make millions with Vitamin Water?
Revealed: How 50 Cent Made Millions With Vitamin Water. In October 2004, 50 Cent struck a deal with Glacéau Vitamin Water that would go on to become one of the biggest and most successful in hip hop history. In 2007, The Coca-Cola Company acquired Vitamin Water from Glacéau for $4.1 billion. According to the Washington Post at the time.
How much money did Vitamin Water make in a year?
Within a year, sales of Vitamin Water soared to the point of controlling 30% of the US sports water market. Annual revenues grew from $100 million to $355 million to $700 million between 2005 and 2007. On May 25, 2007, Rohan Oza’s former company acquired Vitamin Water’s parent company, Glaceau, for a a staggering $4.1 billion in cash.
Who’s the guy in the Vitamin Water ad?
After seeing the ad, Rohan Oza summoned 50 Cent and Chris Lighty to Vitamin Water’s headquarters. Luckily, Vitamin Water’s headquarters were located in Queens, New York, just a few blocks from where 50 Cent grew up.
How did 50 Cent make half a billion dollars?
Stealing a page from the hip-hop street crew and word-of-mouth philosophy, Oza created a fleet of 10 “Glaceau Vitamin Water Tasting Vehicles,” staffed by 200 “hydrologists,” to cross the country and spread the gospel of vitamin The growing line of water.