A great website to purchase Engagement Rings is JamesAllen. They are the only retailer to feature actual photographs of their loose diamonds.
Diamond News Agency > Celebrities > Rapper 50 Cent Can’t Afford Diamonds :

Rapper 50 Cent Can’t Afford Diamonds

10/27/2009 9:11:09 AM  David Berkovits

Rapper 50 Cent Can’t Afford Diamonds It seems that the recession truly is affecting everyone, including multi-platinum rap stars like 50 Cent. The hip-hop artist recently revealed that he has to sell his old diamonds before buying new ones, thanks to the recession shrinking his fortunes.

50 Cent, born Curtis Jackson, estimates he lost “a few million” during the recession. He is believed to be worth over $300 million. “If you don’t lose money in this recession, it means you didn’t have enough to start off with,” he quips. 

“The credit crunch has hit rap,” he said. “I buy diamonds on a very regular basis, but now I am selling my old stuff before I get something new. These are times when you learn about the value of money.”

 The 34-year-old auteur said it was inevitable that rich people like him would lose money in the current economic climate: “Sure, I lost a few million, but that’s because I have so much. This is a time that will sort out the strong from the weak.”

He also provided free advice to President Barack Obama and other leaders: “Any businessman who wants a piece of the future should learn for me. Obama is great. If he wants me as his financial adviser that would be cool.”



Related Articles:
Signficant Increase In Demand For Rough Diamonds
Tuesday, Aug 31 2010 3:51AM  Diamond news agency, Simona Kogan
Diamonds Signficant Increase In Demand For Rough Diamonds The demand for rough diamonds is rising at a fast pace up significantly from the 2008-2009 season Because of the significant increase in demand prices are going up too Prices have gone up almost 15 to 20 percent from pre-recession levels Sales worldwide in places like the United States and China have all increased says The Times of India Producers like De Beers cut output and rebuilt their stockpiles
Anna Paquin Wears Vintage Jewelry At Wedding To True Blood Co-Star
Tuesday, Aug 24 2010 3:37AM  Diamond news agency, Simona Kogan
Barack Obama Anna Paquin Wears Vintage Jewelry At Wedding To True Blood Co-Star Anna Paquin is a true fan of vintage This becomes obvious when one notices that both her engagement ring and her wedding jewelry were antique and vintage-inspired diamonds First the engagement ring she received from True Blood co-star Stephen Moyer in August 2009 was a Cathy Waterman antique engagement ring with a rustic diamond center stone On Saturday August 21 when the two exchanged vows the Oscar winning actress wore a necklace by celebrity jeweler Neil Lane fitted 50 carats worth of round diamonds
Kimberley Process Certification Of Zimbabwe Diamonds A Milestone
Monday, Aug 23 2010 4:38AM  Diamond news agency, Simona Kogan
Curtis Jackson Kimberley Process Certification Of Zimbabwe Diamonds A Milestone Zimbabwe Finance Minister Tendai Biti says the Kimberley Process certification of Zimbabwe diamonds is a milestone in the way Zimbabwe's capital city Harare controls its resources It's a "glorious occasion" for Zimbabwe Biti added "For me it was the issue of a sovereign country being denied the right to control its own resources… our right to self-determination which was the cause of the war of liberation" He complimented the organization's review soon after the certification of gems from the Marangue diamond minefield
Mandela Children's Fund Head Resigns After Confessing He Has Diamonds
Sunday, Aug 22 2010 7:26AM  Diamond news agency, Simona Kogan
50 Cent Mandela Children's Fund Head Resigns After Confessing He Has Diamonds Things are looking a whole lot worse for Charles Taylor since supermodel Naomi Campbell testified she allegedly received blood diamonds from the former Liberian president Two weeks ago Jeremy Ratcliffe the former leader of the Nelson Mandela Children's Fund admitted he secretly kept diamonds received from the model who received the diamonds from Taylor in 1997 He only confessed this when Campbell mentioned him at the war crimes trial at The Hague in the Netherlands
Naomi Campbell Holidays While Charles Taylor Blood Diamonds Trial Continues
Thursday, Aug 12 2010 4:42AM  Diamond news agency, Simona Kogan
Diamonds Naomi Campbell Holidays While Charles Taylor Blood Diamonds Trial Continues Guess supermodel Naomi Campbell's not as worried about her blood diamonds testimony as she previously let on The model who once appeared with Michael Jackson in his music video In The Closet was previously subpoenaed to The Hague in the Netherlands to provide material evidence that former Liberian president Charles Taylor had given her non conflict-free diamonds at an event at the home of former South African president Nelson Mandela in 1997