Soulja Boy Net Worth (Money & Salary) October 4, 2024
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Find Out Soulja Boy’s Net Worth
Soulja Boy, the American rapper, record producer, actor, and entrepreneur, has an estimated net worth of $5 million. Also known as DeAndre Cortez Way, he debuted with his single in 2007, “Crank That (Soulja Boy),” which became a massive hit and sparked a dance craze resulting in a number-one chart position for seven weeks from September 2007.
Despite not repeating the commercial success of his debut, his subsequent albums like “iSouljaBoyTellem” (2008) and “The DeAndre Way” (2010) produced notable tracks, reflecting his talent for catchy hooks and self-produced beats that kept him in the music charts.
Expanding beyond music, Soulja Boy delved into fashion and technology, launching his own clothing line and leveraging digital and social media platforms to promote both his music and personal brand.
(Frederick M. Brown/Getty Images)
A Luxury Private Jet Valued at $55 Million
Reports in 2011 claimed that Soulja Boy had spent $55 million to buy a Gulfstream G5 private jet, splurging $35 million on the craft and $20 million on upgrades that allegedly involved custom Italian leather seats, multiple liquor bars, various flat-screen TVs, and enhanced bathrooms, floors, and cabinets. However, his spokesperson later clarified that these reports were not accurate.
The $400 Million Contract Speculation
In May 2016, Soulja Boy made headlines by announcing a supposed $400 million record deal, stating he was aiming for a higher figure closer to “2 or 3 billion.” However, the reality behind the deal involved a partnership with a company, World Poker Fund Holdings, to endorse an online gaming platform, CelebrityWorld.com. Despite the exaggerated figures, the actual deal was valued considering the company’s market cap at the time, not as a direct cash transaction.
Early Beginnings and Musical Journey
Soulja Boy, born as DeAndre Cortez Way on July 28, 1990, in Chicago, Illinois, developed an interest in rap music during his childhood, relocating to Atlanta, Georgia, at a young age. His early recordings posted online received positive feedback, leading to the release of his breakout song, “Crank That (Soulja Boy),” that propelled him to sign with Interscope Records and earn a Grammy nomination.
Subsequent albums, like the platinum-certified “Souljaboytellem.com” in 2007 and “The DeAndre Way” in 2010, maintained his presence in the music industry. Collaborations with artists such as Gucci Mane and a venture into record label ownership with Stacks on Deck Entertainment further expanded Soulja Boy’s career.
His entrepreneurial pursuits included fashion, technology, and gaming ventures, showcasing his diverse interests beyond music. Despite controversies and public spats, Soulja Boy’s journey in the music and entertainment industry continues to evolve, with new projects and collaborations adding to his legacy.
(Photo by Marcus Ingram/Getty Images for BET)
Record Label Ventures and Collaborations
Establishing Stacks on Deck Entertainment (SODMG) in 2004 while signed with Interscope, Soulja Boy expanded his portfolio by signing various artists. Following a label restructuring in 2016, he relaunched the label, signing new talents and partnering with Virgin Music in 2021 to further his imprint in the industry.
Public Persona and Controversies
Throughout his career, Soulja Boy has faced controversies and public conflicts, notably sparring with fellow artists like Bow Wow. Their back-and-forth exchanges often spilled over to social media and music releases, reflecting the competitive nature of the industry and the dynamics between artists.
Despite the controversies, Soulja Boy’s impact on the music and entertainment scene remains significant, with his entrepreneurial spirit driving him to explore different avenues and establish a lasting legacy in the industry.
Soulja Boy issued several death threats to rapper Chief Keef, posting Keef’s phone number and asking fans to inform Keef that Soulja Boy was coming for him armed with a gun. Subsequently, Keef revealed he was in London, leading Soulja Boy to claim his social media and email had been hacked, denying sending those messages. Fortunately, the two have reconciled.
(Photo by Bennett Raglin/Getty Images for BET)
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Personal Life
In June 2008, legendary rapper Ice-T criticized Soulja Boy’s work, leading to online exchanges. Kanye West defended Soulja Boy, claiming he brought innovation to hip-hop. This feud was later parodied on The Boondocks.
In December 2008, Soulja Boy was robbed and assaulted in his home, with conflicting reports on the incident. Subsequently, Soulja Boy faced personal tragedy with the loss of his younger brother in a car accident in March 2011.
In 2020, Soulja Boy had his face tattoos removed to pursue acting roles, a decision opposed by his mother. In September 2022, his son was born.
Legal Issues
In several incidents, Soulja Boy faced legal troubles, including arrest for obstruction in 2009 and allegations of weapon violations, death threats, and a denied rape accusation. He was also involved in lawsuits related to cryptocurrency and domestic abuse allegations.
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Earnings Highlights
In 2012, Soulja Boy earned over $7 million, establishing him as one of the Hip Hop Cash Kings for that year. Notably, his song “Kiss Me thru the Phone” contributed significantly to his earnings.
Real Estate
Reports suggest Soulja Boy predominantly rented mansions in Los Angeles over buying properties. Despite owning a home in Georgia, he mainly rented high-end properties in LA. Instances of legal trouble have been associated with his rental properties, including violations and altercations.
His real estate dealings include purchasing a mansion in Georgia, subsequently selling it at a considerable loss.
Data provided is from the years 2023 and 2024, with forecast data available for 2025, 2026, 2027, and 2028.
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