Replies to This Discussion

Permalink Reply by Natty - X on April 23, 2012 at 8:51pm

Diddy got that ninja money

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Permalink Reply by cini (SEE-NEE) on April 23, 2012 at 8:56pm

lmao

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Permalink Reply by AJ(The One & Only) on April 23, 2012 at 8:56pm

Cant believe some dudes actually thought 50 was richer than Diddy or Jay lol

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Permalink Reply by Yezzir on April 23, 2012 at 9:04pm

thats some b******* a** reasons.
" jayz had a big song otis" yeah nicca like otis made him hundereds of millions. explain the bulk of the money not a few milly lol.
"50 cent not made enough , just made to maintain" wtf????? this dude high

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Permalink Reply by NATE \m/ (-_-) \m/ on April 23, 2012 at 9:21pm

see how much he doubt 50 lol juss laughing at him

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Permalink Reply by Still D.R.E on April 23, 2012 at 9:51pm

damn Diddy...ciroc is smooth as f*** tho'...

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Permalink Reply by Natty - X on April 24, 2012 at 7:23pm

Hell naw ciroc is a**

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Permalink Reply by Trev -2012 SUB HUMANS on April 23, 2012 at 10:59pm

Its Clear u Sub Humans have no idea what NET WORTH Actually is Smh

Diddy's businesses and his Stake in Ciroq bring his Net Worth to over 500MM

50s brands ie: SMS Audio, SK energy, G-Unit, Cheetah Vision Films, book licensing bring his Net Worth to 110MM

This has nothing to do with Liquid Cash sitting in their personal Bank Accounts

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Permalink Reply by SonGetWrec on April 23, 2012 at 11:14pm

but didn't 50 make 100 mil off the vitamin water deal alone? i thought he'd be worth way more than 110 mil by now. just sayin...

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Permalink Reply by Lex on April 23, 2012 at 11:34pm

FDIC only insures up to 250K so most likely rich people don't keep all their wealth in banks. They normally buy stocks and bonds with their millions. They don't have to worry about loosing that much money in the stock market since they will most likely have inside information on certain stocks that will tank so they can move their money.
But you are right. Forbes don't take into account these type of finances. This informations are not disclose to the public. Most of forbes numbers are based on public information such as record sales, tour, value of the company, and assets that are public records such as property.
Back to 50 cent, he did mentioned that he lost a lot of money when the market crash, but now that the market has been doing good, most likely his value has gone up. In all reality, no one really knows what these moguls make. These guys might be already billionaires who knows.
http://www.forbes.com/sites/zackomalleygreenburg/2012/04/17/forbes-five-vs-hip-hop-cash-kings-whats-the-difference/

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Permalink Reply by Trev -2012 SUB HUMANS on April 23, 2012 at 11:59pm

Correct

Commercial banks only insure up to 250K

Most Large Sums of capital from wealthy investors are held in brokerage accounts which are not tax exempt with that Said Forbes has no access to Wealthy individuals personal Bank accounts

50s Net Worth and what he holds in Personal Bank Accounts as Liquid Cash are 2 DIFFERENT THINGS

If 50 were to sell all of his Businesses he would Net 110MM of course after partners and taxes were taken into consideration, so it would be less His Net Worth doesnt account for the total Net Cash he has available

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Permalink Reply by Natty - X on April 24, 2012 at 7:23pm

For an individual, the value of a person's assets, INCLUDING CASH, minus all liabilities. The amount by which the individual's assets exceed their liabilities is considered the net worth of that person.

Read more: http://www.investorwords.com/3267/net_worth.html#ixzz1t0FUS6or http://www.investorwords.com/3267/net_worth.html

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