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Nipsey Hussle Net Worth
Nipsey Hussle net worth was 8 million dollars as an American rapper before he died. Tragically, 33-year-old Nipsey was killed on March 31, 2019, in front of his LA clothes store. Nipsey has worked with a lot of well-known musicians during his career, including Rick Ross, Drake, and Snoop Dog.
Nipsey had a total net worth of $8 million at the time of his passing in 2019. This comprises assets and investments with short time horizons, such as cash and equities, as well as less liquid assets, such as real estate and trusts. In legal paperwork submitted by his estate over a year and a half after his passing, Nipsey’s estate was valued at $4.2 million.
That evaluation stated that Nipsey’s likeness was only worth $913,000. It excluded the value of his publishing deals or unreleased music. The $4 million estimate also did not take into account any funds contributed to the trust before his passing or the worth of his master recordings, which he did own – unlike many other musicians.
Who is Nipsey Hussle?
Nipsey Hussle, a stage name for Airmiess Joseph Asghedom (August 15, 1985 – March 31, 2019), was a rapper, businessman, and activist from the United States. Midway through the 2000s, Hussle emerged from the West Coast hip-hop side. He self-released his debut mixtape, Slauson Boy Volume 1, to mediocre local success, and as a result, he was signed to Cinematic Music Group and Epic Records.
Ermias Asghedom was born on August 15, 1985, to parents Angelique Smith and Dawit Asghedom in Los Angeles, California. Along with his siblings Samantha and Samuel, he was reared in South Los Angeles’ Crenshaw district. He went to Castle Heights’ Alexander Hamilton High School but left before he could graduate. At the age of 14, he ran away from home to join the Crenshaw-based Crips gang.
When Asghedom was 19 years old, his father accompanied him and his brother Samuel on a three-month vacation to Eritrea in East Africa. Asghedom attributed his decision to become a community activist to the trip.
“Slauson Boy Vol. 1,” Nipsey Hussle’s debut mixtape that was published independently, quickly became the name of the rapper’s own record label. Hussle issued two mixtapes in 2008, “Bullets Ain’t Got No Name,” Vols. 1 and 2. This was after signing deals with Cinematic Music Group and Epic Records. Both “Hussle in the House,” his debut single, and “Bullets Ain’t Got No Name, Vol. 3,” his third mixtape, were released in 2009.
He worked with Drake on the song “Killer” and made appearances alongside Snoop Dog and Problem on the song “Top Down” in 2009, which helped to raise his profile. Nipsey left Epic in 2010 after deciding not to extend his contract with the company.
He made an appearance on “We Are the World 25” for Haiti in 2010. He was named one of the ten up-and-coming musicians for XXL Magazine’s Annual Freshman Top Ten that same year. Late in 2010, Hussle was let go from Epic Records and started his own record company, All Money.
Hussle revealed in 2013 that his upcoming mixtape, “Crenshaw,” would include performances from a number of different artists, including Rick Ross, Dom Kennedy, Slim Thug, James Fauntleroy II, Z-Ro, Skeme, and Sade.
Hussle eventually released his highly anticipated studio album “Victory Lap” in 2018 after numerous delays. On the Billboard 200, it opened at No. 4 and racked up 53,000 first-week sales. The album earned widespread, worldwide praise from critics and was nominated for a Grammy for Best Rap Album, however Cardi B’s “Invasion of Privacy” won the award.
After Hussle’s death on March 31, 2019, the album hit No. 2 on the Billboard 200 more than a year after its release. His song “Racks in the Middle,” which featured Roddy Ricch and Hit-Boy, also hit a new high of No. 44 on the Hot 100 after his passing.
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Hussle’s entrepreneurial mentality is the source of his nickname. At age 11, he worked shining shoes for $2.50 with the intention of shining 100 shoes every day to pay for school clothes.
At the junction of Slauson Avenue and Crenshaw Boulevard, Hussle operated a neighborhood strip mall where he sold mixtapes out of the trunk of his car. He started his own record label after quitting Epic Records. Hussle tested out unconventional business practices by charging for some mixtapes even if the songs were offered for free.
Steve Carless, together with partners Karen Civil and Jorge Peniche, established Marathon Agency in 2013 as a result of being inspired by Hussle’s Marathon branding. The talent-based brand was created with a varied range of clients in mind, at various stages of their careers.
Hussle had contributed “like over six figures” to the Marathon Agency, according to the agency’s CEO Carless, who described Hussle as “kind of like our silent partner” in an interview with Billboard in October 2016.
On June 17, 2017, Hussle officially launched the Marathon Clothing business that he co-founded with his brothers Samiel Asghedom, Carless, and Civil.
He was motivated to invest in and create possibilities in his Hyde Park neighborhood by opening the store at this intersection in the Crenshaw commercial zone.
A software programmer named Iddris Sandu developed an app that users can use to access exclusive music and other content produced by rappers.
This “smart store” is marketed as bridging the gap between culture and technology. In the year before his passing, Hussle and real estate mogul David Gross teamed up to purchase the modest shopping center where his store was situated.
Hussle was committed to helping his community, especially other young black males like himself. Through his music and community service, he opposed gun violence. He was honest about his gang-related experiences. Hussle built a co-working space called Vector 90, contributed to school upgrades, spent time with students, and started the business.
He felt that the Crenshaw neighborhood was severely underserved and that youth would benefit from communal workspaces based on his personal experiences. He was especially interested in STEM education for the region’s underserved youngsters.
Emani is Hussle’s daughter, however, the two were never romantically involved. Lauren London, an actress, and Nipsey started dating in 2013. In 2016, they had a kid together.
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On March 31, 2019, Nipsey Hussle was tragically shot and killed outside of his Los Angeles apparel store. At 33 years old, he was. At 3:19 p.m. on that day, he was shot at least ten times in the parking lot of his business Marathon Clothing in South Los Angeles. The suspect detained on April 2, 2019, was Eric Ronald Holder Jr., 29.
The COVID-19 epidemic caused many delays in his study, which is now scheduled to start in March 2021. After an impressively attended memorial service at the Staples Center in Los Angeles, Hussle was put to rest at the Forest Lawn Memorial Park in Southern California.