50 Cent is widely known as an American wealthiest rapper along with a successful businessman. He had a minor partnership with Glaceau to launch an enhanced drink flavored “Formula 50” named Vitamin Water.
Glaceau is a privately owned subsidiary brand of the Coca-Cola company. Because Coca-Cola purchased the Whitestone-based Energy Brand in 2007. Currently, a common question has arisen, how much did 50 Cent sell Vitamin Water for?
The well-known soft drink brand Coca-Cola has purchased Glaceau, the maker of Vitamin Water, for $4.1 billion. As 50 Cent was a minority shareholder of the company, he earned a certain amount of money according to the previous deal with Glaceau.
How Much Did 50 Cent Make From Vitamin Water Sale?
50 Cent reportedly earned an estimated between $150 and $200 million from Vitamin Water sales without taxes. However, he made roughly $100 million after taxes.
It has been putting his net worth to nearly a half billion dollars due to his minor share in the Vitamin Water company. Now 50 Cent has no longer an equity partnership in the company.
The rapper had continued as a spokesman for Vitamin Water. Whatever the final amount of earnings, it was undoubtedly multiple times more than the rapper had ever gotten from products selling.
This week marks 15 years since Coca-Cola bought Vitaminwater’s parent company Glaceau, and 50 Cent made $100M.— Dan Runcie (@RuncieDan) May 26, 2022
Here’s why it’s still one of the most influential business deals, not just in hip-hop. pic.twitter.com/zpOlOPqQgM
What Was 50 Cent’s Annual Income from Vitamin Water?
50 Cent got massive success by launching Vitamin Water on a global scale. As far as we know, the rapper made an average of $10 million per year from Vitamin Water.
It was one of the most successful ventures that 50 Cent had ever taken. He made a handsome amount of money that helped to increase his net worth within a short time.
In 2004, 50 Cent dealt with Glaceau to launch a healthy water drink Vitamin Water. He agreed to invest multi-million dollars when he was given a minority share in the energy drinks company.
50 Cent is health conscious and a fan of healthy beverages. As a result, he was interested to become a beverage investor. The rapper got around $100 million at the time of selling Vitamin Water to the Coca-Cola company.
How Much Does Vitamin Water Make a Year?
We have noticed the annual revenue of Vitamin Water. After noticing it, we can predict that the annual earnings of the company from $300 million to over $1 billion.
The annual sales of Vitamin Water have soared incredibly. As of 2022, it has an estimated net worth of $7 billion. Within a short time, Vitamin Water sales have exploded in the American sports sector.
In 2006, Vitamin Water had estimated revenue of $350 million before acquiring by Coca-Cola. After a few years, it was controlling about 30% of the U.S. sports water market surprisingly.
As a result, the annual revenue of the company has grown from $300 million to $700 million and then more than $1 billion between 2006 and 2008.
In 2017, about 14 billion gallons of bottled water had sold which has been considered the highest volume of bottled water ever sold in the USA. It was the peak season for Vitamin Water to become one of the most popular water brands.
Who Owns Vitamin Water Now?
Currently, Vitamin Water is owned and controlled by the Coca-Cola company. Vitamin Water is a subsidiary or daughter company of Coca-Cola. Previously, 50 Cent was a minor investor in the company.
He was involved with Vitamin Water in the peak time of his music career in 2004. The rapper is no longer an investor or a part of the company now. In 2007, Coca-Cola has acquired Vitamin Water by spending $4.1 billion.
Who Originally Made Vitamin Water?
Mike Repole is an American successful entrepreneur & businessman who is best known as the maker of Vitamin Water. He is the co-founder of Glaceau.
Some reports said that J. Darius Bikoff had first conceived of the idea of Vitamin Water. Currently, the Coca-Cola company is manufacturing enhanced water drinks.
Between 2008 and 2011, Vitamin Water began its global expansion by launching its products in several countries including the United Kingdom & Australia.
Is Vitamin Water Actually Healthy?
Typically, Vitamin Water contains certain vitamins as well as several ingredients to make it taste good. It is one kind of sugary beverage that you can drink after your workouts.
CNBC reported that Gatorade and Vitamin Water aren’t the same because of the amount of sodium. However, Vitamin Water is one of the top-selling enhanced water brands.