What is Nipsey Hussle Net Worth?
| Net Worth: | $8 million |
|---|---|
| Source of Wealth: | Rapper and Entrepreneur |
| Date of Birth: | August 15th, 1985 |
| Country of Origin: | United States |
| Last Updated: | 2024 |
Nipsey Hussle Net Worth: Nipsey Hussle was an American rapper and entrepreneur with an estimated net worth of $8 million. He began his career in the early 2000s with his debut mixtape, South Central State of Mind, released in 2005. He was also the owner of the Marathon Clothing store.
Nipsey Hussle was awarded a BET award for Best Mixtape in 2010. He was also named one of the 100 most influential people in the world by Time Magazine. Hussle was a two-time Grammy Award nominee in 2019 and 2020.
Nipsey Hussle was a philanthropist who contributed to his community. He received recognition from his community for his good works while he was alive. He was a co-founder of Vector90, a workspace created to connect young people together.
Early Life
Nipsey Hussle, whose original name was Ermias Asghedom, was born in Los Angeles on the 15th of August, 1985. He was raised together with his siblings, Samuel and Samantha, by his parents, Dawit Asghedom and Angelique Smith, in the Crenshaw neighborhood, in South Los Angeles.
Nipsey dropped out of high school (Alexander Hamilton High School) at the age of 14 and joined a gang called Crips. This gang operated in his neighborhood.
His view on life changed after he went on a trip with his father and brother. This trip to Eritrea, East Africa, which lasted for three months, inspired Nipsey to be a community activist.
Career
In 2005, Nipsey Hussle released his debut mixtape, South Central State of Mind. This was the kickstart of his career. In the same year, he released Slauson Boy Volume 1.
This mixtape was a success as it gained him wide attention. His involvement with the gang, Crips, was a huge influence on the success of his mixtapes. He signed a deal with Cinematic Music Group and Epic Records in 2008 and released Bullets Ain’t Got No Game.
Nipsey rose to fame through his music and continued to receive recognition from various artists. He featured in Drake’s song, Killer, and on a single (Upside Down) on Snoop Dogg’s album, Malice in Wonderland.
His mixtapes either made huge successes or sometimes failed to top the charts. One of his albums that failed to top the charts was the rendition of the Bullet Ain’t Got No Name album. A single from the album Hussle in the House; didn’t make it to the charts despite its sample of Kris Kross Jump.
Mixtapes like The Marathon Continues were a huge success. Nipsey collaborated with YG and Dom Kennedy on this mixtape.
The rest of his albums were; Proud of That, released in 2012, this album was a collaborative work with Blanco and also featured Rick Ross on one of its singles; Crenshaw, an album that sold out within 24 hours at $100 for 1,000 limited copies and whose making was turned into a documentary; The Victory, released in 2013; Victory Lap, topped at number 4 at the Billboard 200 and sold 53,000 in its first week. Its singles, Dedication, Last Time I Checc’d, and Double Up made it to the Billboard Hot 100.
In 2014, he released Mailbox Money. This mixtape was made in only 1,000 limited copies and sold for $100. It sold out in 24 hours as well. He featured in Rick Ross’ single, Foundation of Youth, under the album Self Made Vol.2. In 2016, Nipsey released Famous Lies and Unpopular Truths.
Nipsey Hussle net worth is estimated to be $8 million as of 2024.
Career Highlights
- 2005 – South Central State of Mind (Mixtape)
- 2010 – Slauson Boy Volume 1 (Mixtape), South Central State of Mind 2 (Mixtape), Southside (Album)
- 2017 – The Marathon Clothing (Clothing Store)
- 2018 – Victory Lap (Album)
- Nipsey was also an investor in Uber and Tidal.
Personal Life
Nipsey was born with a determined spirit. Nipsey would shine shoes for little pay in order to afford school supplies. When he began his music career, he tried every means possible to get his mixtape out of the world.
He would hawk them on the streets. Nipsey was a rapper and an entrepreneur who diversified his income before his demise. He owned a clothing store called The Marathon Clothing. He made investments in start-ups like Uber and Tidal and also bought a property in 2017 with DJ Khaled in Crenshaw.
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Awards & Achievements
During his lifetime, he received recognition for his songs and his input to society. Nipsey was also nominated for awards, including a Grammy Award nomination for his album Victory Lap. This album was nominated for Best Rap Album in 2019.
In the same year, he won a BET Award for Best Mixtape. In 2020, Racks in the Middle was nominated in the Best Rap Performance category.
Nipsey was also honored by the city of Los Angeles for his business and philanthropic contributions to the community. He was given a Key to the city. In 2019, a street called Slauson Avenue has renamed Nipsey Hussle Boulevard in honor of the rapper. He also appeared in Time magazine’s 100 most influential people in the world. Nipsey would continue to be remembered as an influential personality who made an impact on the lives of others.
Nipsey Hussle Net Worth
Nipsey Hussle net worth was estimated to be $8 million. This net worth is attributed to different sources of income from his record label, real estate, trusts, stocks, and entrepreneurial career.
After his death, it was recorded that his net worth from his real estate was $4.2 million. Beyond music, Nipsey Hussle ventured into entrepreneurship, notably with the launch of his Marathon Clothing store, which became a symbol of empowerment and economic growth within his community.
Real Estate
Nipsey Hussle had real estate properties and trustworthy legal advisers who managed his finances. More than a year after his demise, it was gathered that his estate was worth $4.2 million and that his likeness was worth $913,000.
Nipsey Hussle net worth was estimated to be about $8 million, this is inclusive of his wealth in real estate
Notable Nipsey Hussle’s Quotes
Life Lessons to Learn From Nipsey Hussle’s Success
Here are some notable lessons from Nipsey Hussle’s life;
1. Live a Crime-free Life
Nipsey’s life was cut short in front of his clothing store in 2019. This can be linked to his association with gangs. Steer clear of a life crime. It never ends well.
2. Diversify Your Income
Nipsey was a rapper, investor, and entrepreneur. He made money from different sources–stocks, album sales, grants, etc. Just like Nipsey, they have different sources of income. Don’t put all your eggs in one basket.
3. Live a Good Life
Despite his involvement with the neighborhood gang, Nipsey chose to view life differently and changed for the better. He is remembered as someone who changed the lives of others. It’s never too late to turn a new leaf and live a better life.
Frequently Asked Questions – Nipsey Hussle Net Worth
What is the Worth of Nipsey’s Estate?
From his court documents, Nipsey’s estate has a net worth of approximately $4 million. This includes the property and the gross annual income.
What was Nipsey’s Net Worth?
Before Nipsey’s death, he was worth $8 million. His life was cut short at the age of 33 in front of his clothing store on the 31st of March 2019. He was a rapper and entrepreneur who collaborated with popular artists like Drake, Snoop Dog, and Rick Ross.
What is the Name of Nipsey’s Clothing Store?
Nipsey Hussle owned The Marathon Clothing store, which he launched officially in 2017.
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Final Thoughts
Nipsey Hussle was a philanthropist and dedicated most of his time and resources to impacting people’s lives.
He was a co-founder of Vector90, a communal working space that served as an interactive place for young people and also provided STEM education. Nipsey was a co-founder of Destination Crenshaw, a museum that honored the achievements of African-American artists.
As of 2024, Nipsey Hussle net worth was estimated to be $8 million.