Rick James Net Worth
Rick James had an estimated net worth of $250 Thousand at the time of his death. African American musician Rick James was a popular performer in the late 1970s and is best known for hits such as “Super Freak”, “Mary Jane” and “You and I”. He earned most of his income from album sales and concerts.
African American musician Rick James was a popular artist in the late 1970s. James began singing at a young age on the street corners of his hometown of Buffalo. His breakthrough song “You and I” on the album Come Get It! was the first of a long string of hits. In the late 1990s, James struggled with his drug addiction and served time in prison for sexual assault.
To calculate the net worth of Rick James, subtract all his liabilities from his 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:||$250 Thousand|
|Monthly Salary:||$10 Thousand|
|Annual Income:||$200 Thousand|
|Source of Wealth:||Record producer, Songwriter, Singer, Bandleader, Musician, Dancer, Composer|
Early Life and Career
Rick James was born on February 1, 1948, in Buffalo, New York, to musician and singer James Ambrose Johnson, Jr. James, the third of eight children, was raised by his single mother in a strict Catholic household. With music in his blood (his uncle was Melvin Franklin, bass vocalist of The Temptations), James pursued a music career from an early age, fleeing the United States Naval Reserve in 1964 to Toronto, Ontario.
The Mynah Birds, which included future Buffalo Springfield members Neil Young and Bruce Palmer, were James’ first band. Despite recording in Motown, the group never released an album, in part due to James’ AWOL status. In 1968, he returned to write and produce under the name Terry Johnson. For the next several years, James played bass for several short-lived bands in Los Angeles, California, including Salt, Pepper ‘N’ Cocaine, and Great White Cane.
James left Los Angeles in 1977 to return to Motown and launch a solo career. His debut album Come and Get It!, which featured the singles “You and I” and “Mary Jane,” catapulted him to fame. James was known as The King of Punk-Funk for his wild brand of danceable funk music and his trademark braids.
Fire It Up and Bustin’ Out of L Seven, both released in 1979, were also successful. His biggest hit, the Grammy-nominated “Super Freak,” was released in 1981 on the album Street Songs, along with other hit singles such as “Give It to Me Baby,” “Fire and Desire,” and “Ghetto Life.” “Teardrops,” “Cold Blooded,” and “Glow” were among the subsequent hits.
Drug Abuse and Death
James’ cocaine use had spiraled out of control by the early 1990s. He served two years in prison and paid $2 million in a civil suit after being convicted of assaulting two women. He attempted a comeback after his release in 1995, but a mild stroke in 1997 ended his career. On August 6, 2004, James died at his home in Burbank, California, of pulmonary and cardiac failure.
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