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Would you like to know how to become a millionaire by using Twitter?
Try asking rapper-turned-mogul Curtis "50 Cent" Jackson, who made a cool $8.7 million yesterday from a series of weekend tweets stemming from his appearance at this year's annual Consumer Electronics Show in Las Vegas. During his visit, Jackson shared knowledge about his latest business venture with H&H Imports (HNHI), which serves as the distributor of his forthcoming line of wireless headphones.
The no-name company's stock was up by 240 percent on Monday, raising its stock to 39 cents per share and netting the business $50 million, according to the New York Post.
"You can double your money right now. Just get what you can afford," the 35-year-old tweeted to his 3.8 million followers about H&H Imports, which also owns the Kevin Harrington-founded marketing firm TV Goods. Adding, "They are no joke get in now...Check out TVGoods.com official site of Kevin Harrington."
According to various reports, last October during a private placement, Jackson received 30 million shares of H&H, including options granting him the opportunity to cash in as the company's stock increases.
Not bad for a weekend gig, considering the company closed yesterday at 39 cents raising his 30 million share stake by $8.7 million.
Sleek by 50 Cent Platinum headphones are set to arrive in stores in April.
Comments: (24)
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By: ADMR on 1/11/2011 3:26PM
Curt Scored Half A BILLION....Chillin.....That's Somthing(-:
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By: wb7ptr on 1/13/2011 12:28PM
Great ... he can share some with me. I owe 600 bucks on my college classes! LOL!
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By: "DimePiece" on 1/11/2011 4:27PM
ISH, he don't have to make $$$$ by doing any acting gigs, any albums, for a minute and can chill by just "Tweetin"? Look, on his next single should be called,"Tweetin,Chillin, and makin some BILLIONS". I'm just sayin? 50 is a SMART BUSIN$$$ MAN! All I can say is "WOW"? Must be nice!
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By: mskaddy31 on 1/11/2011 7:23PM
Hey...I just have to say I'm proud of him. He came a long way from the park bench in Rochdale. I hope he sees this message. I've listen to him rap on those same benches and told him that he was going to be BIG. I am truly proud of him and wish him all the best and to keep being the best. Remember the lady in the Black Trans Am.
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By: cuttie_ebony on 1/12/2011 5:24AM
rodney price god bless him
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By: bruce williams on 1/11/2011 9:04PM
The amount of value generated in the increased value of his shares certainly is an indication of the size of his fan base. He continues to show he has business savvy.
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By: Hi Ken on 1/11/2011 8:37PM
I didn't kill Nicole. I think.
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By: OJSimpson on 1/11/2011 8:39PM
OJ Simpson did.
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By: Margaret clark on 1/11/2011 9:21PM
I am also proud of him to. I just wish I could get someone eo help keep my home care business from flopping. I love helping the handicapp and elderly but if things dont pick up soon I have know Idea what will happen to the patients that cant afford the service or the low rates I have to charge to they can afford the service. I guess Im what they would call the little people. Pray for Patientaidehomecare.com
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By: TIFFANY LEBOUEF on 1/12/2011 10:38AM
PLEASE WATCH MY VIDEO ON YOUTUBE=TIFFANY LEBOUEF SEEKS JUSTICE
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