What was Nipsey Hussle’s Net Worth?

Nipsey Hussle, the American rapper, had a net worth of $8 million at the time of his death. He was tragically murdered on March 31, 2019, at the age of 33 outside of his LA clothing store.

Throughout his career, Nipsey worked with various high-profile artists such as Rick Ross, Drake, and Snoop Dog.

Early Life and Background

Nipsey Hussle, born Ermias Asghedom on August 15, 1985 in Los Angeles, California, grew up in the Crenshaw neighborhood of South Los Angeles with his brother Samuel and sister Samantha. He dropped out of Alexander Hamilton High School in the Castle Heights neighborhood before graduating. As a teenager, he joined the Crips gang, which was primarily based in his neighborhood. Despite his troubled background, a trip to his father’s native Eritrea, East Africa in 2004 with his brother and father inspired him to become a community activist.

Nipsey Hussle’s Career

Nipsey Hussle released his first independently produced mixtape “Slauson Boy Vol. 1” in 2005. He followed this up with two mixtapes “Bullets Ain’t Got No Name,” Vol. 1 and Vol. 2 in 2008 after signing with Cinematic Music Group and Epic Records. Hussle’s debut single “Hussle in the House” was released in 2009, and he collaborated with Drake on the song “Killer” that year. In 2010, he left his label and founded his own, All Money.

Hussle’s mixtape “Crenshaw” was released in 2013, featuring guest appearances from Rick Ross, Dom Kennedy, and Sade. In 2018, he released his first major studio album “Victory Lap,” which reached No. 4 on the Billboard 200 and received critical acclaim. It was nominated for a Grammy for Best Rap Album, but lost out to Cardi B’s “Invasion of Privacy.”

After his murder in March 2019, “Victory Lap” reached No. 2 on the Billboard 200, and his single “Racks in the Middle” featuring Roddy Ricch and Hit-Boy reached a new peak of No. 44 on the Hot 100.

Nipsey Hussle’s Legacy

Nipsey Hussle was a rapper from the Crenshaw neighborhood of Los Angeles who was deeply committed to giving back to his community. He worked to denounce gun violence and improve schools, and he started a co-working environment called Vector 90 to provide under-served youths with access to community workspaces. He also encouraged young people in the area to focus on STEM classes.

Hussle had a daughter named Emani and was in a relationship with actress Lauren London, with whom he welcomed a child in 2016.

Tragically, Nipsey Hussle was shot and killed outside of his Los Angeles clothing store in 2019. His suspected killer, Eric Ronald Holder Jr., was arrested several days later and is set to stand trial in March 2021. Hussle was laid to rest at the Forest Lawn Memorial Park in Southern California after a well-attended memorial service at the Staples Center in Los Angeles.

Nipsey Hussle’s Estate Valued at $4.2 Million

At the time of his death in 2019, Nipsey Hussle’s net worth was $8 million, which included short term investments, assets like cash and stocks, and less liquid assets such as real estate and trusts. However, a year and a half after his death, his estate was valued at $4.2 million, which did not include the value of his publishing or unreleased albums.

Despite multiple crowdfunding pages popping up to support his kids, Nipsey’s family declined these fundraising efforts as his children are reportedly set for life. Thanks to wise financial planning and trusts set up before his death, Nipsey’s children will never need to rely on other people for money.

One of Nipsey’s greatest assets was that he owned all of his master recordings, which could provide a lifetime of income. This was not included in the $4 million estimate of his estate, which also did not include any money that was put into the trust prior to his death.

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