50 Cent was recognized for his strides as a businessman at The Network for Teaching Entrepreneurship (NFTE) 2024 Entrepreneurial Spirits Awards Gala on Wednesday night (May 1). Emceed by Emmy-winning journalist and MSNBC host Ari Melber, the event recognizes outstanding individuals and organizations for their exceptional contributions to entrepreneurial leadership and education.  

The Queens, NY, native was presented the Entrepreneurial Leadership Award by Power Book IV: Force star Joseph Sikora. He was honored for his efforts in music, entertainment, and beyond, including G-Unit Records, G-Unit Film and Television, Inc., G-Unity Foundation, and Sire Spirits.

A clip uploaded to the This Is 50 Instagram account showcases the rapper taking the stage at the Gala, walking out to an instrumental of his 2003 chart-topper “P.I.M.P.”

The honor comes just as the 48-year-old announced another business expansion. Last month, 50 Cent revealed a brand new G-Unit studio location in Shreveport, La.

“As someone who has always believed in the transformative power of music, film, and television, I’m beyond excited to introduce the expansion of my G-Unit Film & Television through the launch of G-Unit Studios right here in Shreveport. From the gritty narratives of the streets to the compelling stories that define our era, G-Unit has always been more than just entertainment; it’s a platform for voices that need to be heard, stories that need to be told,” detailed the Grammy Award-winning performer.

He continued to detail, “Bringing G-Unit Studios to Shreveport is not just a business decision; it’s a commitment to fostering talent, creating opportunities, and building a community that thrives through creativity and innovation. We see Shreveport as a beacon of inspiration and creativity.”

Take a look inside the 2024 Entrepreneurial Spirit Awards Gala below.

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