Nipsey Hussle Net Worth
Nipsey Hussle had an estimated net worth of $9 million at death. Nipsey Hussle was a noted American rapper from the ‘West Coast Hip Hop’ scene. Thanks to his popularity, Nipsey earned millions from album sales, concerts and music streaming.
According to his estate filed legal documents, the value of Nipsey’s estate was $4.2 million, which didn’t include the value of his unreleased albums or the value of his master recordings. Nipsey also had some money put into his trust before his death. With income from his royalties and returns on investments, his children will never have to rely on other people’s generosity.
Born in Crenshaw neighborhood of South Los Angeles, Nipsey was raised amidst an atmosphere of gun violence, drug hustling and police brutality and eventually became drawn towards it.
At the age of 14, he left home to join the local ‘Rollin 60’s Neighborhood Crips’ (a street gang based in Los Angeles), mainly because he felt it was important to carry on the “legacy” of his community. He made a U-turn when at the age of 19, his emigrant father took him to his homeland Eritrea, which was torn by war and poverty.
He returned home to concentrate on his music career, releasing one mixtapes after another, sending positive messages through them. He also founded a record label and a flagship store as a symbol of economic self-sufficiency.
He died at the age of 33, after being fatally shot in front of his store, possibly due to personal enmity.
To calculate the net worth of Nipsey Hussle, subtract all his liabilities from her total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets.
All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$9 Million|
|Monthly Salary:||$200 Thousand|
|Annual Income:||$4 Million|
|Source of Wealth:||Rapper|
Nipsey Hussle was born Ermias Joseph Asghedom in Los Angeles, California on August 15, 1985. His father, Dawit Asghedom, was a first-generation immigrant from Eritrea, and his mother, Angelique Smith, was of African-American descent.
He had two siblings: a younger sister named Samantha Smith and an older brother named Samiel Ghebrehet Asghedom. They grew up in South Los Angeles’ Crenshaw neighborhood, which is known for its gang rivalry.
He was drawn to music as a child, writing his first song at the age of nine and idolizing rappers such as Snoop Dogg and Ice T. His mother also encouraged him to do well in school. However, because he lived in a violent environment, he naturally felt drawn to it.
Nipsey Hussle was allegedly placed in a boot camp in 1999, while attending Hamilton High School, for an attempted school robbery. He left home soon after his release, joining the local Rollin 60’s Neighborhood Crips.
It is unknown how long he remained with the gang, but he eventually emerged unscathed. During this time, he witnessed the deaths or maiming of many of his friends, which had a profound impact on him.
At the age of 19, his father took him and his brother to Eritrea for three months. The cultural shock of the visit completely transformed him, and he returned home with a new vision and a desire to work for his community.
When he returned home, Ermias Asghedom began working on his music and took the stage name Nipsey Hussle. He released his first mixtape, ‘Slauson Boy Volume 1’, in December 2005, in which he attempted to send a message to his community through his music.
The mixtape was a moderate success, assisting him not only in developing a small fan base, but also in attracting the attention of music labels. He was eventually signed to Epic Records as well as Cinematic Music Group.
In 2007, he made his film debut, playing a minor role in ‘I Tried,’ a semi-autobiographical film about the rap group ‘Bone Thugs-n-Harmony.’ He continued to work on his music at the same time.
He followed up with two more mixtapes in 2008, ‘Bullets Ain’t Got No Name Vol. 1’ and ‘Bullets Ain’t Got No Name Vol. 2’. They were followed in August 2009 by ‘Bullets Ain’t Got No Name Vol. 3’, which he released. The series was released under the Cinematic Music Group label.
He left Epic Records in 2010 to launch his own music label, ‘All Money In, No Money Out,’ as a symbol of Black entrepreneurship, releasing his fourth mixtape, ‘The Marathon,’ through it on December 21. In 2010, he also played Ricky in his second film, ‘Caged Animal.’
‘The Marathon,’ which peaked at 179 on the Billboard 200 in the United States, was followed by ‘The Marathon Continues.’ It was released in November 2011 and received a lot of downloads on mixtape hosting sites. Nipsey Hussle also went on tour to promote it, and a sequel, ‘The Victory Lap,’ was planned.
Although he had planned to release ‘Victory Lap’ in 2013, he changed his mind and instead released it as his debut studio album in 2018. Meanwhile, in October 2013, he released ‘Crenshaw,’ his eighth mixtape.
He kept making mixtapes, releasing ‘Mailbox Money’ in 2014, ‘Slauson Boy Volume 2’ in 2016, ‘Famous Lies and Unpopular Truths’ in 2016, and ‘No Pressure’ in 2017.
In 2017, he also opened the ‘Marathon Clothing’ store with Steve Carless, Karen Civil, and his brother Samiel.
Hussle released his official debut full-length, Victory Lap, in early 2018, which featured YG, Puff Daddy, Kendrick Lamar, the-Dream, Cee Lo Green, and others. The album debuted in the Billboard 200’s Top Five and was later nominated for Best Rap Album at the 61st Grammy Awards. His only official album release would be the critically acclaimed set.
Nipsey Hussle is best known for his studio album “Victory Lap.” It debuted at number four on the US Billboard 200 chart and number three on the US Top R&B/Hip-Hop Albums chart in 2018. It peaked at number two on the US Billboard 200 after his death in 2019.
Personal Life & Wife
Nipsey Hussle has been dating actress Lauren London since 2013. Kross, their son, was born in 2016.
He also has a daughter named Emani from his previous relationship with Tanisha Foster, who was born in 2009. Samantha Smith, Nipsey Hussle’s sister, won custody of Emani after his death.
Eric Holder shot Nipsey Hussle multiple times in the parking lot of his Marathon Clothing store around 3:25 p.m. on March 31, 2019. He was rushed to the hospital and pronounced dead at 3:55 p.m. He was laid to rest at Forest Lawn Memorial Park.
The city named the intersection of Slauson Avenue and Crenshaw Boulevard Ermias “Nipsey Hussle” Asghedom Square to honor Hussle’s contributions to the community.
Hussle’s legacy was honored with a tribute at the 62nd Grammy Awards in January 2020, where he had also received three posthumous nominations. He took home trophies for Best Rap Performance (“Racks in the Middle” featuring Roddy Ricch and Hit-Boy) and Best Rap/Sung Performance for his contribution to DJ Khaled’s “Higher.”
Nipsey Hussle Quotes
“It sounds simple telling people to work hard and never quit, but to really execute and demonstrate those principles takes discipline and faith.”
“I believe that economics is based on scarcity of markets, and it’s possible to monetize your art without compromising the integrity of it for commerce.”
“If you’ve got a plan, it’s not just like a pipe dream. You have a step-by-step list of things to do to get to your goal.”
“We don’t want to wait on someone to hire us and give us a check. We want to create our own opportunities.”
“When you say ‘follow me on Twitter’ and you get ten million people to follow you, y just leveraged your influence to add values to an app that you have no ownership in.”
“As is the case with most people in this game, I am driven by financial motives and creative motives. The question I had to answer is which motive will I give priority to?”
“It’s not called quitting if you quit while you’re ahead.”
View our larger collection of the best Nipsey Hussle Quotes.
Related Lists of Celebrities’ Net Worth
- Businessmen Net Worth
- Actors Net Worth
- Authors Net Worth
- Athletes Net Worth
- Singers Net Worth
- Rappers Net Worth
- Politicians Net Worth
Who Are The 30 Richest People In The World?
The list of the world’s richest people can change from year to year, depending on their current net worth and financial performance. Here is the current list of the 30 richest people in the world, based on the latest Forbes list, and some interesting facts about each of them.