As the representative of Andomoney, I’m here to break down the fascinating journey of Memphis Bleek net worth in 2024.
From his early days as Jay-Z’s protégé to building his own record labels, Memphis Bleek has experienced highs and lows in his career.
So, let’s delve into the key moments that have shaped his wealth, achievements, and financial standing over the years.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Malik Deshawn Cox |
| Popular Name | Memphis Bleek |
| Gender | Male |
| Birth Date | June 23, 1978 |
| Age | 46 |
| Parents | N/A |
| Siblings | Older brother |
| Birthplace | Brooklyn, New York, USA |
| Nationality | American |
| Ethnicity | African-American |
| Education | N/A |
| Marital Status | Married |
| Spouse | Ashley Coombs |
| Children | 2 (One son, one daughter) |
| Dating | N/A |
| Net Worth | $200,000 |
| Source of Wealth | Music, Record Labels |
| Height | 5 ft 9 in (1.75 m) |
What is the Net Worth Of Memphis Bleek in 2024?
Memphis Bleek’s net worth in 2024 is estimated to be around $200,000, which may seem modest compared to other major players in the industry.
Despite financial setbacks, he remains a notable figure in hip-hop. When compared to his peers, it’s clear that Memphis Bleek has faced challenges but still holds his own among his contemporaries.
Related People:
- Jay-Z
- Sean Price
- Rihanna
- Missy Elliott
- DMX
- T.I.
- Beanie Sigel
- Ja Rule
- Def Jam Recordings
- Roc-A-Fella Records
If you want to explore more about the richest rappers, you can check out the latest updates on this page.
Salary and Finance Overview
How Did He Build His Wealth and Financial Success?
He started as a protégé of Jay-Z and quickly made his mark in the industry. Being one of the first artists signed to Roc-A-Fella Records gave him a head start, and his association with Jay-Z was a key factor in his initial financial growth.
His debut album, Coming of Age, peaked at number seven on the Billboard 200, selling nearly 120,000 units in its first week, proving to be a significant financial success.
Milestones and Achievements That Contributed to His Wealth
Memphis Bleek released several albums that contributed to his earnings. The most notable include:
- The Understanding and M.A.D.E., both achieving Gold certification, marking them as successful commercial ventures.
- His album 534, which featured collaborations with major artists like Jay-Z and Rihanna, also added to his earnings.
- The hit single Is That Yo Chick featuring Missy Elliott and Jay-Z peaked at number 7 on the Hot Rap Singles Billboard chart, making it his most successful single to date.
His Role and Contributions in the Music Industry
Working closely with Jay-Z as his hype man increased Memphis Bleek’s exposure and credibility in the music industry, leading to numerous opportunities.
This role not only earned him recognition but also allowed him to participate in multiple collaborative projects with famous artists like DMX, Ja Rule, T.I., and Beanie Sigel. These collaborations provided him with income streams and cemented his place in the hip-hop community.
The Evolution of His Own Record Labels
He took his financial destiny into his own hands by establishing Get Low Records in 1998 and Warehouse Music Group in 2016.
These ventures allowed him to explore different revenue streams beyond his music career and proved that he had a keen business sense. Though not as successful as major labels, they offered him independence and control over his career.
Financial Struggles and Bankruptcy
In 2016, he faced financial difficulties and filed for Chapter 13 bankruptcy. He listed his assets at $274,190 and liabilities at $384,804.
This was a challenging period, with his monthly income totaling about $6,000 and expenses at $5,350, leaving him with very little margin.
This was a turning point, as it forced him to reassess his financial situation and strategy.
Collaborations and Partnerships That Boosted His Earnings
Apart from working with Jay-Z, his collaborations with artists like Rihanna and Missy Elliott were pivotal.
These partnerships not only boosted his earnings but also kept him relevant in a competitive industry. Working with such big names expanded his audience and helped maintain his income streams.
Film and Video Game Appearances as Additional Revenue Streams
Beyond music, Memphis Bleek ventured into acting, with roles in State Property and Paper Soldiers.
He also appeared as a playable character in the video game Def Jam: Fight for NY, providing an alternative source of income. These ventures added to his wealth and showed his versatility as an artist.
Personal Life and Its Influence on His Financial Journey
His marriage to Ashley Coombs and the birth of their children have played a role in shaping his financial priorities.
These responsibilities likely contributed to the shifts in his financial strategies over time, influencing how he managed his assets and liabilities.
The Impact of Mentorship and Relationships on His Career and Wealth
The influence of Jay-Z cannot be understated. Their relationship was more than just business; it was a mentorship that greatly impacted Memphis Bleek’s career trajectory and wealth accumulation.
His cousin, Sean Price, also played a role in guiding his journey within the music industry, offering him a support system.
Real Estate and Assets
Despite his financial struggles, Memphis Bleek still owns a residence in New Jersey and other assets like a Chevy Impala, clothing, and wedding rings.
These possessions form part of his total assets and showcase that he still has valuable resources.
FAQs about Memphis Bleek
How many children does Memphis Bleek have?
He has two children.
Which record label did he first sign with?
He first signed with Roc-A-Fella Records, founded by Jay-Z.
Did he own any record labels?
Yes, he founded Get Low Records and later Warehouse Music Group.
How many albums has he released?
He has released four studio albums: Coming of Age, The Understanding, M.A.D.E., and 534.
Who are some artists he collaborated with?
He has collaborated with artists like Jay-Z, Missy Elliott, Rihanna, DMX, and Beanie Sigel.
What video game was he featured in?
He was featured as a playable character in Def Jam: Fight for NY.
Is he related to any other famous artists?
Yes, he is a cousin of fellow Brooklyn rapper Sean Price.
Who is Memphis Bleek’s wife?
His wife is Ashley Coombs.
Conclusion
In summary, Memphis Bleek’s financial journey is a story of resilience, adaptability, and perseverance. Feel free to leave your thoughts or read more on andomoney.com to stay updated on the latest celebrity financial news.
