Nelly’s Net Worth – The Story Of A Successful Celebrity
Nelly’s net worth stands at a nice $70 million.
He is among the top American rappers juggling with vocals and performing arts. He was born in Austin Texas but later on moved to Missouri where he kick started his musical career performing with the rap bunch The Lunatics. He first recorded with Universal Records making his major debut with his hit single, Country Grammar skyrocketing to top position in 2000.
His stardom kept on rising as he continued to sell even more album copies of more than 20 million records globally.
Nelly had been doing great financially with over $40 million records sold globally that helped him to the number one position. He has continually received $50 bars from big acts like Fergie, Kelly Rowland, N Sync, Fat Joe among others. With a whopping 5 platinum collections and 6 platinum singles, Nelly has been the most amazing rappers of all time.
Nelly continued to drop smashing hits and albums such as Sweat Suit with its hit single Sweat debuting at number 2 on the Billboard top 200 chart having sold over 342,000 copies at just a week after its release.
Suit was another great hit that debuted at number one on the chart Billboard 200. It managed to beat its preceding single Sweat by selling over 396,000 copies also on its first week! He went ahead to produce crowd favorite hit songs and collaborations that earned millions of dollars in ticket and album sales such as Party people featuring Fergie, Body on Me with ex-girlfriend Ashanti and Akon, and the latest Stepped on my J’s.
Nelly’s greatest single and the highest earning was the heartthrob Just a Dream that was triple certified platinum by the RIAA. The RIAA also ranks the star as 4th in the highest rap celebrities of his time with more than 21 million albums sold just in the US.
On top to his musical career, Nelly added more to his wealth by launching two women clothing lines – Apple Bottoms and Vokal. This clothing line came with over $800 million in business deals the greatest being with Macy’s store. This saw huge success to the rapper since it carried his clothing lines in all their country wide outlets.
His Reebok deal was a major hit with even the famous Nike Air Force 1. He also ventured into drink business with his caffeinated beverage named Pimp Juice that made over $1 million deals in only its first month. Despite this great success the beverage did not do so well in the market with many citing its name did not appeal to a greater market demography.
Along with the many endorsements under Nelly’s belt was his deal with Nike for a one year contract to release the limited edition retro sneaker-Air Dirty, which was a sort of a remake of the famous signature sneaker of Charles Barkley.
He has also signed huge dollar deals for big brands like Ford Motor and Got Milk. Despite all this huge deals and endorsements, there were rumors that Nelly was going broke and then his girlfriend Ashanti was supporting him.
His million dollar net worth is also as a result of being a former part-owner of the Charlotte Bobcats before Michael Jordan bought him out. Currently he is a professional poker player and stars on the BET show, Real Husbands of Hollywood alongside major names like Kevin Hart, Nick Cannon among others.