Palm Beach County judge Peter Blanc’s ruling that 50 Cent had to pay $16 million to Sleek Audio brought the Queens rapper’s run of great investments to a temporary end. It was a bit of a shocker given 50’s history of surprisingly profitable investments.
50’s payout and Lady Gaga and Kanye West’s investment in now-defunct Turntable FM represent the ugly side of what happens when stars put on their CEO hats. Meanwhile other celebs, such as Ashton Kutcher have seen nice profits with diverse portfolio offerings.
It goes both ways, but here we look at stars who cashed out in the business world with sound investments.