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December 28, 2007

Forbes Turns Rumors Into Facts: 50 Cent's Glaceau Take

While you can probably find plenty of outlets that still say that 50 Cent got $400 million from his cut of the sale of Glaceau to Coke, most have moved on to the $100 million figure originally described by Forbes as an "estimated take" and now simply presented as a fact without any support whatsoever at any point.

Forbes never revealed how this figure was estimated or by whom though "Forbes" sometimes takes credit for the estimate.

Is this another rumor turned fact by simply repeating it multiple times in a mainstream media source that's trying to look hip by covering rap?

Or does it not really matter since we're talking about rappers and that's entertainment news?

Related ProHipHop Coverage:
50 Cent/Glaceau Ownership Figures to Remain Unresolved
Rumor of 50 Cent's 10% Share in Glaceau Likely PR Move


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