50 Cent Sells Off Stake in Effen Vodka for $60M?

50 Cent
via Instagram / 50 Cent

Three years after first endorsing Effen Vodka, 50 Cent has reportedly sold off his minority stake.

The news comes from the “Rumor Report” on The Breakfast Club, with host DJ Envy claiming the hip-hop mogul was bought out in June for $60 million. FYI: DJ Envy has been paid endorser of the brand for some time, so he may have some insider info.

Following the news of this rumored deal, 50 Cent clarified, saying he’s actually still involved in Effen Vodka and has only received some sort of a cash distribution.