Marlon WaChamillionaire Net Worth: $50 Million
What is Chamillionaire’s Net Worth?
Chamillionaire is an American singer, rap artist and business owner that has a net worth of $50 million. Along with his own successful songs profession, he has made much of his net worth from his different investment endeavors along with his role as chief executive officer of amusement firm Chamillitary Entertainment
Early Life
Hakeem Seriki, best known by his stage name Chamillionaire, was birthed in Washington DC. on November 28, 1979. The family members relocated to Houston, Texas, when he was 3 years old. He participated in Jacket Village High School, where he came to be thinking about rap songs. He has a more youthful bro, Rasaq Seriki, who is additionally a rap artist.
Music Job
The stage name “Chamillionaire” is a portmanteau of the words “chameleon” and “millionaire.” Seriki and also fellow rapper and good friend Paul Wall surface were advertising at an occasion when they satisfied Michael “5000” Watts, a preferred mixtape DJ energetic in the Houston location. They proposed to aid advertise Watt’s business Swishahouse, and likewise persuaded him to allow them freestyle on an introduction to his radio program on Houston hip-hop station KBXX-FM. Watt’s put their freestyles on among his mixtapes, and also they quickly came to be regulars in the Houston rap scene and also mixtape circuit. Seriki and also Wall began the team The Shade Changin’ Click. They also collaborated on the album “Obtain Ya Mind Correct” (2002 ), which marketed over 150,000 duplicates. The cd was chosen by The Resource Publication for independent album of the year in 2002, and also they started to make a name on their own, with the Color Changin’ Click also doing at the SXSW music celebration in 2004.
Seriki released his solo launching cd “The Noise of Vengeance” in 2005, via Chamilitary Entertainment and also Universal Records. It debuted as well as came to a head at No. 10 on the Signboard 200 chart in the USA, and also was ultimately accredited platinum by the RIAA. The album also generated hit single “Ridin'”, which was No. 1 on the Billboard Hot 100 and won him the 2007 Grammy Award for Best Rap Efficiency by a Duo or Group.
” Ultimate Victory” (2007) was Seriki’s 2nd workshop album, as well as featured visitors such as UGK, Lil Wayne, Devin the Dude and Lloyd. He had plans for a 3rd cd entitled “Poison,” initially set up to be released in 2011, however the project was ultimately scrapped after he parted means with Universal Records. He dropped an EP “Ammo” in March 2012, as well as was meant to release a third album “Poison” in 2013. However, as of February 2020, it continues to be unreleased.
Along with his studio cds, Seriki’s various mixtape jobs have actually been extremely successful. In 2004, he had launched “The Mixtape Messiah,” which featured 61 tracks over 3 CDs and is the longest as well as most purchased mixtape in Texas history. It was also the very first mixtape in what would become among his most popular and also very expected jobs, the Mixtape Messiah series. The collection had 7 mixtapes in overall, with subsequent launches in 2005, 2007, 2008 as well as 2009. Seriki started a brand-new mixtape series labelled “Significant Pain” in 2009, going down the first disc in February 2010. He went down the second “Major Pain” installment in April 2011, complied with by the mixtapes “Badazz Freemixes,” “Badazz Freemixes 2” and “Badazz Slowmixes.”
Company and Investments
In 2004, he founded Chamillitary Entertainment, his own record tag. He is authorized as a musician, along with Lil Ken as well as Troy Henry. Previous musicians include Yung Ro, 50/50 Twin and Seriki’s younger brother Rasaq. In between mixtapes and also albums, the tag has more than 20 launches. Chamillitary Amusement was formerly distributed by Universal Records, yet has been independent because Seriki parted methods with the major tag in January 2011.
In 2003, Seriki bought a Houston-based auto dealership, Fly Rydes. The business specializes in customizing vehicles, something which he noted is incredibly popular in Texas. Seriki additionally started the modelling business Masterpiece Mind Structure. Together With Quincy Jones III, Seriki released the Global Advancement Competition as part of the Stanford Entrepreneurial Idea Leaders Seminar Collection in 2009. Likewise in 2009, he invested in Maker Studios, an online video clip ability network, which Disney eventually got for $500 million. Seriki’s first investment in Manufacturer Studios was $1.5 million, and his payment from the sale was apparently over $20 million. He additionally began a collaboration with the Maker Studios founder Mark Suster, a managing partner at equity capital company Upfront Ventures, which aided him obtain appointed as business owner in house for the firm in 2015. He has because gone back a little from music, devoting even more focus to his entrepreneurial occupation.
Seriki’s other endeavors include a financial investment in self-driving automation technology business Cruise ship Automation in 2013, which was an extremely successful investment since the business was marketed to General Motors for over $1 billion in 2016. In May 2019 he as well as rapper E-40 announced that they were going to spend $25,000 in a startup started and also handled by a woman or individual of shade. That September, they purchased the shoes firm Atoms, which provides footwear in quarter sizes.
