What is Chamillionaire Net Worth? American rapper & Entrepreneur earning from Albums Sales along with his Property details
Chamillionaire is an American rapper, entrepreneur, as well as and investor who is the winner of the Viewer’s Choice Award 2007. Since the year 1997, the rapper has earned a hefty sum and fame with his career of more than 20 years. As of now, he owns a net worth of around $25 million.
What is Chamillionaire Net Worth?
Chamillionaire Net Worth & Salary: Chamillionaire has an estimated net worth of around $25 million as of 2019. The major source of his income is his career as a rapper, while his business venture also aids his fortune. Back in the year 2018, his net worth was around $15 million. Besides his rap career, he also earns a hefty salary from his investments, as Los Angeles-based venture capital firm Upfront Ventures and as the CEO of Chamillitary Entertainment. However, the actual amount of his salary is not available at the moment.
|Net Worth in 2019||$25 million|
|Net Worth in 2018||$15 million|
|Annual Salary||Under Review|
|Income Source||Rapper, Entrepreneur|
His Album Sales and Earnings
His Social Media Earnings
As per some online resources, his Instagram account sum up to $881-$1.4k per sponsored post. Moreover, he also owns a YouTube channel ChamillionaireVEVO created on 11th May 2009. The channel with more than 692k subscribers can earn $8.4k- $134.8k per year.
His Assets, lifestyle, and Expenses
Chamillionaire lives in his house in Houston, Texas, but has not opened up about the worth of his house. The median house price in Houston is around $186.9k, along with the house insurance premium of $1.2k per year. Back in the year 2010, his 7,583 sq foot Houston home featuring 5 bedrooms and 5 bathrooms was listed in the market for $1.8 million, later it was foreclosed on 24th August 2010.
He originally bought the property for $2.125 million in the year 2006. Without a doubt, he lives a lavish lifestyle and owns an impressive property empire. Chamillionaire owns a jaw-dropping collection of cars including:
- Custom Chevy Impala SS- Features Leather upholstered, powerful music system and LCD Screen,
- Custom 1967 Plymouth Fury- 6.3 liters 8 cylinder motor,
- Dodge Durango SRT AWD- costs around $70k
- Range Rover- Starts from $41k and so on.
Moreover, he surely has a list of huge expenses which is inclusive of travel, jewelry, costly clothes, and accommodations. He owns a Chameleon chain coated with diamond, worth around $100k.
His big empire does make him liable to taxes: property and income tax. His house in Houston, Texas calls 2.259% of the asset’s assessed value as property tax.
While the income of almost $1 million, his income tax seeks $360.9k inclusive of 33.12% Federal tax and 2.97% FICA.
Besides, he is also active in charity works and formed the Robin’s Heart Foundation which aims to raise fund for relief efforts. He has an association with various charitable organizations. Well, he donated around $25k personally for Hurricane Harvey’s victim’s welfare.
Awards and Achievements
Chamillionaire received ten nominations and won four awards, including Rookie of the Year and Viewer’s Choice Award (Wireless People’s Champ) at the BET Hip Hop Awards; Best Rap Video at the MTV Video Music Awards in the year 2006. In 2007, he received four nominations and won one, Best Rap Performance by a Duo or Group at the Grammy Awards.
In the year 2008, Chamillionaire received two nominations and won one, Best Mixtape/Street Album at the Ozone Awards. Overall, he has won 6 awards from 16 nominations.
What company did Chamillionaire Invest in?
Chamillionaire is also a business investor and has invested in companies such as Maker Studios (acquired by Disney for $700 million,) Cruise (acquired by General Motors for $1 billion), and Lyft. He is the co-owner of a Houston based auto dealer Fly Rydes with a partner.
Also, he is the founder of the record label Chamillitary Entertainment, founded in 2004. To date, the record label has made around 20 releases so far in collaboration with stars like Yung Ro, 50/50 Twin, Lil Ken, and Troy Henry.
Chamillionaire gained recognition for the first time with his freestyle stuff on a radio station. After that, he progressed gradually.
He released the album ‘Get Ya Mind Correct’ with Paul Wall which sold 150,000 copies. Their group was called The Color Changin’ Click which again released Controversy Sells in the year 2005. His debut solo album was The Sound of Revenge in 2005 followed by Ultimate Victory in the year 2007.
Chamillionaire has also explored his skills in acting. In the year 2007, he appeared in a couple of TV roles such as Pimp My Ride and Punk’d and The Game.
Chamillionaire’s Interesting Facts
- Chamillionaire was born as Hakeem Seriki on 28th November 1979, in Washington, DC, the United States of America.
- As of 2019, he is 40 years old and his horoscope is Sagittarius.
- Chamillionaire is born to a Muslim Nigerian father and an African-American Christian mother.
- He has a younger brother named Rasaq Seriki who is an occasional rapper.
- Chamillionaire holds an American nationality and belongs to mixed ethnicity.
- Chamillionaire has an estimated net worth of around $25 million as of 2019.
- He is married to Deetra Seriki.
- He stands at the height of 5 feet 10 inches and his body weight is around 78 kg.
- Chamillionaire is active on various social networking sites like Facebook, Instagram, Twitter, and YouTube.