Posted by Robert
Rap News Network
4/8/2004 6:09:12 PM
Tags and topics realted to this article include 50 Cent and Nelly.
Over the last 30 years, black America has experienced growth in its number of millionaires. Most of this “New Black Power,” springs from young African American hip-hop artists’ records, tours and fashion sales.
In this new black power community, Curtis Jackson is at the top of his game. The rapper now known as “50 Cent,” was born in 1976 in South Jamaica, New York to a 15-year-old drug dealer. Six years later, three of which he spent in jail,
Curtis was running his own crack house and making up to $5,000 a day. It was then that he borrowed the name 50 Cent from another dealer.
50 Cent became one of the richest black men in America with hit albums such as “PIMP” and “Get Rich or Die Tryin’”. But, there is controversy about 50 Cent and his persona.
Some blacks have been heard to say, “If the latter album’s title doubles as 50’s mission statement, it would be in the interest of social progress if he reached the latter fate.” An American icon, the thinking 50 Cent displays on his tracks is culturally backward.
Rappers, like 50 Cent, have risen to the forefront of American culture. He dominated hip hop in 2003 and was in the No. 1 position on year-end recaps for Top R&B/Hip-Hop Artists. R. Kelly was No. 2. Sadly, people like 50 Cents, R. Kelly and Nelly use shock techniques and have made the notion of “pimping” synonymous with their image.
Pimping is an underground economy known as “The Game.” Players and pimps are said to “have” game and particular manners and styles of playing the game. They work outside of the formal economy and collect monies from prostitute women belonging to his stable.
Havin’ game is to: have charisma, and a smooth talking, persuasive conversation toward women. The most paramount rule in pimping is, “the pimp must get paid”. Is “Pimp style” the sort of role model self-respecting parents want for their kids or in their communities?
50’s worth over $50 million. Three and a half percent of American households have a net worth of $1 million or more.
Typical millionaires usually live below their means, have strong values and participate in the cornerstones of American wealth building: Owning property; a business; investing in long-term, high-return savings vehicles; and paying as little as possible in taxes.
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