Nipsey Hussle was a Grammy-nominated rapper and entrepreneur. Before his untimely death, he achieved both commercial and critical success. During his career, he released multiple albums, mixtapes, and singles that earned him numerous awards and nominations.
In addition to Nipsey Hussle’s music career, he also had investments in various business ventures, including real estate, technology startups, fashion lines, and more.
So, let’s take a look at the net worth of Nipsey Hussle. It reflects his musical accomplishments but also the impact of his other entrepreneurial endeavors. Checking out the Nipsey Hussle net worth figures will tell us how successful he was as an artist as well as a businessman.
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Early Life
Nipsey Hussle, born Ermias Asghedom on August 15, 1985, was raised in the Crenshaw district of Los Angeles, California. He was the son of an Eritrean father and an African American mother. And his unique cultural background had a profound impact on his music.
Growing up, Nipsey was heavily influenced by the music of West Coast rap legends like Tupac, Snoop Dogg, and Ice Cube, as well as the Reggae and Latin music that was popular in his community. He began rapping at a young age. And by the time he was a teenager, he was already starting to make a name for himself in the local Hip-Hop scene.
In addition to his musical influences, Nipsey was also shaped by the gang culture prevalent in his community. He was a member of the Rollin’ 60s Neighborhood Crips, one of the largest and most notorious gangs in Los Angeles. However, as he got older, Nipsey began to distance himself from gang life and focus more on his music.
Early Career
In 2005, Nipsey released his first mixtape, Slauson Boy Volume 1. It was a critical and commercial success. The mixtape featured collaborations with other up-and-coming rappers from Los Angeles. Additionally, it helped establish Nipsey as a rising star in the West Coast Hip-Hop scene.
Over the next few years, Nipsey continued to release a series of independent mixtapes. Including Bullets Ain’t Got No Name and The Marathon. His mixtapes were praised for their introspective lyrics. They touched on topics like gang violence, poverty, and the struggles of everyday life in South Central Los Angeles.
Despite his growing popularity…
Nipsey struggled to gain mainstream attention and faced several setbacks early in his career. In 2010, he was reportedly dropped from his label deal with Epic Records. However, Nipsey remained committed to his independent roots and continued to release music on his terms.
Through his early career, Nipsey also became known for his entrepreneurial spirit. He even established his own independent record label, All Money In, in 2010. This allowed him to have greater creative control over his music. As a result, he built a platform to support other artists from his community.
Overall, Nipsey’s early life and career were defined by his dedication to his craft and staying true to his roots. Through his independent releases and ambitious spirit, he built a loyal fan base and established himself as a rising star in Hip-Hop.
Breakthrough and Mainstream Success
After releasing several independent mixtapes, Nipsey’s career finally started to take off in the mid-2010s. In 2017, he signed a multi-album deal with Atlantic Records.
With the backing of a major label, Nipsey Hussle’s debut album, Victory Lap, was released in 2018. The album was a critical and commercial success. It debuted at #4 on the Billboard 200 and earned a Grammy nomination for Best Rap Album.
Victory Lap showcased Nipsey’s growth as an artist. Also, it featured collaborations with high-profile musicians like Kendrick Lamar, Puff Daddy, and The-Dream. The album was critically acclaimed for its introspective lyrics, lush production, and Nipsey’s distinctive flow, which blended West Coast gangsta rap with personal lyricism.
In addition to his solo work…
Nipsey also became known for his collaborations with other artists. He was featured in songs by fellow rappers like YG, DJ Khaled, and Meek Mill. As well as collaborations with artists from other genres, including John Legend, Jhené Aiko, and James Fauntleroy.
One of Nipsey’s most notable collaborations was “Dedication” featuring Kendrick Lamar. The song was praised for its powerful message about perseverance and the struggles of growing up in a disadvantaged community. Furthermore, it showcased the chemistry between two of the most talented rappers of their generation.
Entrepreneurship and Business Ventures
Nipsey Hussle was also renowned as an entrepreneur. As mentioned, he established his own independent record label, All Money In. He also owned and operated several businesses in the community, including a clothing store and a barbershop.
In addition to these businesses, he also made real estate investments. In 2007, he purchased an apartment complex in South Central Los Angeles to provide affordable housing for those living in the neighborhood. He also renovated two other buildings in the area, creating jobs for the local community and investing in its future.
Besides providing jobs and developing the local economy through these ventures, Nipsey wanted to use his business skills to inspire others who grew up with similar struggles. He referred to himself as a “hustler” and took pride in his ability to rise from poverty and make something of himself.
Giving Back
The late rapper was particularly passionate about providing opportunities for young people. Especially those in under-served neighborhoods. One of Nipsey Hussle’s most notable philanthropic initiatives was the creation of the “Too Big To Fail” program.
This aimed to teach financial literacy and entrepreneurship to young people. He also donated generously to schools in the Los Angeles area to support music and arts programs. And he even paid the college tuition for some students.
In addition to his financial contributions…
Nipsey also invested his time and energy in community centers and other programs to uplift the people of South Los Angeles. He was a vocal advocate for criminal justice reform, and he worked tirelessly to promote positive change in his neighborhood.
He believed in investing in young people. For Nipsey, providing them with the resources they need to succeed was the key to breaking the cycle of poverty and violence in his community.
Legacy
Nipsey Hussle was one of the most successful rappers of his generation. He was also renowned for his philanthropic activities and business ventures, which provided jobs and opportunities for those living in disadvantaged inner-city neighborhoods. Yet, he was tragically killed on March 31, 2019, in Los Angeles, California.
The 33-year-old rapper was shot multiple times outside his clothing store and died shortly after at a nearby hospital. The alleged shooter, Eric Holder, was arrested and charged with murder. It is believed that the shooting was the result of a personal dispute between Holder and Hussle.
The news of Nipsey Hussle’s death sent shockwaves throughout the world. Many fans, friends, and fellow artists expressed their grief on social media. Thousands of people gathered for a vigil outside Marathon Clothing to pay their respects to the rapper and community activist.
In the aftermath of his death…
Hussle’s legacy as a rapper, entrepreneur, and philanthropist was widely celebrated. Many highlighted his efforts to revitalize the South Los Angeles neighborhood where he grew up, including his support for small businesses and creating job opportunities for young people.
Several high-profile figures, including Jay-Z, Rihanna, and LeBron James, mourned Hussle’s death and praised his contributions to his community. His passing also sparked a renewed conversation about gun violence and its devastating impact on communities across the United States.
Nipsey Hussle’s death left an indelible mark on the music industry. He will forever be remembered by fans as a beacon of hope for future generations. And he will continue to be honored for doing what many thought was impossible. Namely, staying true to himself while becoming one of the most successful rappers of all time.
Nipsey Hussle Net Worth
Nipsey Hussle’s net worth was estimated to be $8 million at the time of his passing in 2019. He accumulated his wealth through his successful music career, along with business ventures such as the Marathon Clothing store, real estate investments, and even cryptocurrency.
His net worth fluctuated throughout his career. With estimates ranging from $4.5 million in 2013 to nearly double that amount by the time of his passing. The exact breakdown of his net worth is unknown. But, it is believed that his music and business ventures were the primary sources of his wealth.
Despite this figure…
Eighteen months after his death, the estate’s value dropped to $4.2 million. This valuation did not include the rights to his unpublished albums nor the value for the masters of his music. Nipsey’s family did not accept posthumous donations from the Hip-Hop community. Instead, they relied on his clever business decisions and financial planning to support themselves.
Following his death, sales of Nipsey’s music and merchandise surged. That’s because many fans wanted to pay tribute to his legacy. His impact on the music industry and his community has continued to grow in the years since his passing. Nipsey’s ownership of his masters means that his family will continue to receive passive income from his music, ensuring that his legacy lives on.
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Final Thoughts
Nipsey Hussle was an inspirational figure. He achieved success through his music, business ventures, and philanthropic activities. His death in 2019 left a lasting impact on the Hip-Hop community and beyond. True, Nipsey Hussle’s estate has since decreased in value. But, his family is still able to benefit from sales of his masters and merchandise.
As we reflect on Nipsey Hussle’s life and legacy, it is important that we also discuss celebrity net worth, not only as a measure of financial success but also as an indicator of their influence on society at large.
Until next time, may you always find success.