Tag Archives: Standart Oil
Last days news told us that 50 Cent get bankruptcy. Yes, 50 personally hasn't money and he is in large debt. But his famous brand-companies like: SMS Audio, Effen vodka and Frigo underware are still stand strong and there is no note about their large debt or some financial problems like SMS Promotion boxing co. has. It' thinking, that 50 transfer his own $155 million to his comapnies assests. for save his capital and avoid pay to his big creditors.
50 Cent's tactic is similar to Oil baron John Rockefeller's moves. When USA goverment srated battel against John Rockefeller's Standart Oil Co. with anti-monopoly law. John Rockefeller divided Standard Oil to 16 small companies. He owed managing shares in every company. And 98% of Oil market was still under his control.
50 Cent like great John Rockefeller, knows how to hustlin under the law.