Nipsey Hussle was a rapper from Los Angeles, California, with an estimated net worth of $8 million dollars at the time of his death.
Nipsey Hussle was shot and killed outside of his Los Angeles apparel store on March 31, 2019, at the age of 33. Nipsey worked with a number of high-profile artists over his career, including Rick Ross, Drake, and Snoop Dog.
Ermias Asghedom was born in Los Angeles, California on August 15, 1985, to Angelique Smith and Dawit Asghedom. With his brother Samuel and sister Samantha, he grew up in the Crenshaw district of South Los Angeles.
He was a student at Alexander Hamilton High School in Castle Heights, but he dropped out before graduating.
He fled home at the age of 14 to join the Crips, a gang rooted in his Crenshaw area. When Asghedom was 19, his father brought him and his brother Samuel on a three-month tour to his father’s homeland of Eritrea in East Africa.
Asghedom attributes his decision to become a community activist to the trip.
“Slauson Boy Vol. 1,” Nipsey Hussle’s first independently released mixtape, became the name of his own record label. Hussle released two mixtapes, “Bullets Ain’t Got No Name,” Vol. 1 and Vol. 2, after signing with Cinematic Music Group and Epic Records in 2008.
In 2009, he released his debut song “Hussle in the House,” as well as a third mixtape, “Bullets Ain’t Got No Name, Vol. 3,” in the same year.
In 2009, he worked with Drake on the song “Killer” and participated in the song “Upside Down” alongside Snoop Dog and Problem, raising his fame.
Nipsey left Epic in 2010 after deciding not to renew his contract with the label.
In 2010, he sang for Haiti on the song “We Are the World 25.” He was named one of XXL Magazine’s Annual Freshman Top 10, a group of ten up-and-coming musicians, in the same year. Hussle left Epic Records in late 2010 and started his own label, All Money Records.
Hussle announced the release of his latest mixtape, “Crenshaw,” in 2013, which included Rick Ross, Dom Kennedy, Slim Thug, James Fauntleroy II, Z-Ro, Skeme, and Sade among others.
Hussle finally released a big studio album named “Victory Lap” in 2018 after several delays. In its first week, it debuted at No. 4 on the Billboard 200, selling 53,000 copies.
The album earned a lot of positive press and was nominated for a Grammy for Best Rap Album, but it lost to Cardi B’s “Invasion of Privacy.”
After Hussle’s assassination on March 31, the album hit No. 2 on the Billboard 200, more than a year after its release. His track “Racks in the Middle,” featuring Roddy Ricch and Hit-Boy, hit a new high of No. 44 on the Hot 100 following his death.
Nipsey Hussle Net Worth at Death:
Nipsey Hussle was passionate about giving back to his community, especially young black males like himself. Through his community activism and music, he spoke out against gun violence. He spoke candidly about his gang-related experiences.
Hussle contributed to school reforms, spent time with students, and founded Vector 90, a co-working space. He believed that the Crenshaw neighborhood was underserved and that communal workspaces would benefit young people based on his personal experience.
He emphasized the importance of STEM education for underserved youngsters in the neighborhood.
Hussle has a daughter named Emani, however, he was never married to her mother. In 2013, Nipsey began dating actress Lauren London. In 2016, they had a kid together.
Nipsey Hussle was fatally shot outside of his Los Angeles apparel store on March 31, 2019. He was 33 years old at the time. At 3:19 p.m. that day, he was shot at least ten times in the parking lot of his store Marathon Clothing in South Los Angeles.
The suspect, Eric Ronald Holder Jr., 29, was apprehended on April 2, 2019. Due to the COVID-10 epidemic, his trial was repeatedly postponed, and it is now expected to commence in March 2021.
After a well-attended memorial service at the Staples Center in Los Angeles, Hussle was put to rest at the Forest Lawn Memorial Park in Southern California.
Nipsey Hussle (Nipsey Hussle) Net Worth at Death: Nipsey Hussle’s net worth was $8 million at the time of his death in 2019.
Short-term investments and assets such as cash and equities, as well as less liquid assets such as real estate and trusts, fall into this category.
Nipsey’s assets were valued at $4.2 million a year and a half after his death, according to legal records submitted by his estate. According to that evaluation, Nipsey’s likeness was only worth $913,000.
It didn’t take into account his publishing or unreleased albums. The $4 million figure excluded any funds placed in the trust before his death, as well as the value of his master recordings, which he did own — unlike many other musicians.
Nipsey’s estate was powerful enough to turn down various crowdfunding pages set up to help his children.
Nipsey’s family graciously rebuffed all fundraising efforts, including those from fellow celebs like Reggie Bush, because his children are apparently financially secure for the rest of their lives.
Nipsey’s children would never need to rely on others for money because of prudent financial planning and trusts established before his death.
Perhaps most crucially, as previously said, Nipsey held all of his master recordings, which might supply him with a lifetime’s worth of revenue.