Rapper 50 Cent Wins Lawsuit Against His Former Employee, Seizes All His Assets
50 Cent, whose real name is Curtis James Jackson III, is an American rapper, songwriter, actor, producer, and entrepreneur. He was born on July 6, 1975, in Queens, New York City.. Rapper & Entrepreneur 50 cent former employee stole $6.2M from his liquor brand Branson Cognac.
Rapper and entrepreneur 50 Cent has emerged victorious in a lawsuit against his former employee, Mitchell Green, who was caught embezzling $2.2 million in kickbacks from 50 Cent’s Sire Spirits brand since 2018. Green was fired and taken to court by the rap star’s company, and in October 2021, the court ruled in favor of Sire Spirits, awarding them $6,194,293 in damages, interest, compensation, and legal fees.
Despite Green’s attempts to appeal the decision, his request was denied by the court in June 2022. Subsequently, in November 2022, the court awarded an additional $89,305.50 in attorneys’ fees and costs to Sire Spirits.
Recently, the court ordered Mitchell Green, 50 Cent’s former employee, to pay $6,283,598.50 in compensatory damages and interest. In case Green does not pay, 50 Cent plans to seize his bank accounts, personal property, and any other assets he has to fulfill the judgment. Green admitted to overcharging for Branson cognac and Le Chemin du Roi champagne and pocketing the excess profit as “agency fees,” totaling $2.2 million over two years.
50 Cent, whose real name is Curtis James Jackson III, is a rapper, actor, and entrepreneur from Queens, New York City. He gained fame in the early 2000s with his first album “Get Rich or Die Tryin’,” which has sold over 8 million copies in the United States.
Along with his music and acting, 50 Cent is also known for his successful business ventures, including his record label G-Unit and his partnership with Vitamin Water. He has appeared in various films, such as “Get Rich or Die Tryin’,” “Escape Plan,” and “Spy.”
