Wiz Khalifa's Net Worth: The Rise of a Rap Icon
Wiz Khalifa is one of the most successful rappers of the past decade, known for his catchy hooks, laid-back flow, and weed-smoking persona. But have you ever wondered how much the Pittsburgh-born rapper is worth? Let's take a closer look at Wiz Khalifa's net worth and how he's built his fortune.
Early Life and Career
Born Cameron Jibril Thomaz on September 8, 1987, Wiz Khalifa grew up in a military family and moved around a lot during his childhood. He started rapping at a young age and released his debut mixtape, "Prince of the City: Welcome to Pistolvania," in 2005. After gaining local recognition, he signed with Rostrum Records and released his debut album, "Show and Prove," in 2006.
Breakthrough and Rise to Fame
Wiz Khalifa's big break came in 2010 when he released the single "Black and Yellow," which became a massive hit and peaked at number one on the US Billboard Hot 100 chart. The song's success led to a deal with Atlantic Records, and he released his third studio album, "Rolling Papers," in 2011. The album was certified gold by the RIAA and sold over 500,000 copies in the US.
Business Ventures and Endorsements
Wiz Khalifa's entrepreneurial spirit has contributed significantly to his net worth. He co-founded the Taylor Gang Entertainment record label, which has signed artists like Juicy J, Berner, and Chevy Woods. He's also launched a line of cannabis products called Khalifa Kush, which is available in select dispensaries in California and Colorado.
Wiz Khalifa has also partnered with various brands, including Converse, Raw Rolling Papers, and MusclePharm. He's appeared in several TV shows and movies, including "Mac & Devin Go to High School" alongside Snoop Dogg.
Net Worth
As of 2023, Wiz Khalifa's net worth is estimated to be around $50 million. His net worth comes from a combination of album sales, touring revenue, endorsement deals, and business ventures.
Album Sales
Wiz Khalifa has released six studio albums, including "Rolling Papers," "O.N.I.F.C.," "Blacc Hollywood," "Khalifa," "Laugh Now, Fly Later," and "Rolling Papers 2." According to the RIAA, his albums have sold over 10 million copies in the US alone, generating revenue of over $100 million.
Touring Revenue
Wiz Khalifa has embarked on several lucrative tours, including the "Rolling Papers Tour," "Under the Influence Tour," and "The High Road Summer Tour." According to Pollstar, his tours have grossed over $50 million in ticket sales.
Endorsement Deals
Wiz Khalifa has partnered with several brands, earning an estimated $2 million per year from endorsement deals.
Business Ventures
Wiz Khalifa's record label, Taylor Gang Entertainment, generates revenue from artist signings, album sales, and touring. His cannabis company, Khalifa Kush, is also a profitable venture.
Conclusion
Wiz Khalifa's net worth is a testament to his hard work, entrepreneurial spirit, and dedication to his craft. From his early days as a struggling rapper to his current status as a rap icon, Wiz Khalifa has built a business empire that will continue to generate revenue for years to come.