50 Cent makes 8 million selling stock on Twitter
Rapper, entrepreneur -- and hustler? 50 Cent is coming under criticism for encouraging Twitter followers to invest in stocks that ultimately made him over $8 million in one weekend.
50 Cent made $8.7 million in one weekend, thanks to Twitter. The NY Post reports that the rapper and Vitamin Water entrepreneur tweeted to his followers (all 3.8 million of them) to invest in H&H imports, which is a stock he just happens to own 30 million shares in.
The company is $3.3 million in debt and also is selling 50 Cent's line of sunglasses, called Sleek By 50. The rapper reportedly tweeted, "HNHI is the stock symbol for TVG sleek by 50 is one of the 15 products this year. If you get in technically I work for you. BIG MONEY."
"Ok ok ok my friends just told me stop tweeting about HNHI so we can get all the money. Hahaha check it out it's the real deal."
"HNHI is the stock symbol for TVG there launching 15 different products. They are no joke get in now."
"You can double your money right now. Just get what you can afford."
All tweets have since been removed from his page.
The rapper backed off yesterday, tweeting, "HNHI is the right investment for me it may or may not be right for u! Do ur homework."
The stock started at $0.10 before his tweeting, and ended at $0.41 this morning, earning 50 Cent a cool $8.7 million.