Common Rapper Net Worth: A Look into the Wealth of a Hip-Hop Icon
Common, born Rashid Lynn, is a renowned American rapper, actor, and activist. With a career spanning over two decades, he has made a significant impact on the music industry and beyond. In this article, we will delve into Common's net worth, exploring his sources of income, investments, and philanthropic endeavors.
Early Life and Career
Born on March 13, 1972, in Chicago, Illinois, Common rose to fame in the mid-1990s with his debut album "Can I Borrow a Dollar?" (1992). His unique lyrical style, which often addressed social issues and told stories of everyday life, quickly gained him recognition in the hip-hop world.
Music Career and Net Worth
Common's net worth is estimated to be around $45 million. His primary sources of income include:
Music Sales and Tours
With 11 studio albums, Common has sold millions of records worldwide. His albums, such as "Like Water for Chocolate" (2000) and "Be" (2005), have been certified gold and platinum by the RIAA. Touring and live performances also contribute significantly to his income.
Acting Career
Common has had a successful acting career, appearing in films like "Smokin' Aces" (2006), "American Gangster" (2007), and "Selma" (2014). His roles in TV series, such as "Hell on Wheels" (2011-2016), have also added to his wealth.
Endorsements and Business Ventures
Common has partnered with various brands, including Adidas, Microsoft, and Coca-Cola. He has also invested in a jazz club in Chicago and a production company, Freedom Road Entertainment.
Philanthropy
Common is known for his philanthropic efforts, particularly in the areas of education and social justice. He founded the Common Ground Foundation, which focuses on empowering youth and supporting community development.
Investments and Assets
Common's investments and assets include:
Real Estate
He owns properties in Los Angeles, Chicago, and New York City, with an estimated value of over $10 million.
Music Catalog
Common owns the rights to his music catalog, which is valued at around $5 million.
Business Ventures
His investments in Freedom Road Entertainment and other ventures contribute to his net worth.
Conclusion
Common's net worth of $45 million is a testament to his hard work and diverse sources of income. As a successful rapper, actor, and entrepreneur, he continues to inspire and give back to his community. His story serves as a reminder that with dedication and passion, one can achieve great things and build a lasting legacy.