Xzibit has long been a recognizable name in both music and television, particularly with his work as a rapper and as the host of MTV’s Pimp My Ride.
As we dive deeper into Xzibit net worth, we’ll explore how his music career, acting, and financial challenges have shaped his current financial standing.
Let’s take a closer look at the factors contributing to Xzibit’s financial situation in 2024.
Quick Facts
FACT | DETAIL |
---|---|
Real Name | Alvin Nathaniel Joiner |
Popular Name | Xzibit |
Gender | Male |
Birth Date | September 18, 1974 |
Age | 49 (as of 2024) |
Parents | Mother passed away, father unknown |
Siblings | N/A |
Birthplace | Detroit, Michigan, USA |
Nationality | American |
Ethnicity | African-American |
Education | N/A |
Marital Status | Divorced |
Spouse | Krista Joiner (Divorced 2021) |
Children | Tremaine Joiner, Gatlyn, Xavier (deceased) |
Dating | N/A |
Net Worth | $500,000 |
Source of Wealth | Music, TV, Acting, Cannabis Business |
Height | 5 ft 10 in (1.78 m) |
What is the Net Worth of Xzibit in 2024?
As of 2024, Xzibit’s net worth is estimated at $500,000.
His financial journey has been marked by a series of highs and lows, including substantial earnings from music and television, as well as financial setbacks from tax debts and bankruptcy filings.
When compared to others in the industry, Xzibit’s financial standing may seem modest.
Nevertheless, his influence in music and television remains significant. Below are notable names and entities connected to his career:
- Dr. Dre
- Eminem
- Snoop Dogg
- MTV
- Krista Joiner
- IRS
- Fredwreck Nassar
- Woodland Hills real estate
If you’re curious about other influential figures, take a look at some of the wealthiest rappers to explore how Xzibit compares to other major names in the industry.
Xzibit Salary and Finance Overview
Music Career and Key Milestones
Xzibit’s journey in music began with his debut album At the Speed of Life in 1996. This album gained recognition on the charts, peaking at number 74 on the Billboard Hot 200.
His early success in music was followed by more prominent releases like 40 Dayz & 40 Nightz and Restless, which brought him into the limelight, especially with collaborations alongside Dr. Dre, Snoop Dogg, and Eminem.
These albums solidified his place in the hip-hop world, earning him millions in revenue at the height of his music career.
Pimp My Ride: Television Fame and Earnings
One of the most notable chapters of Xzibit’s career is his time hosting Pimp My Ride from 2004 to 2007. The show made him a household name, and for a time, it brought a substantial boost to his income.
He was reportedly earning $497,175 per year at the peak of his time with MTV. However, the show’s cancellation in 2007 had a profound impact on his finances.
Although the show was a major success, it also marked the beginning of Xzibit’s financial struggles, leading to a decline in income and eventual tax issues.
Acting Ventures and Their Financial Impact
In addition to his music and television career, Xzibit ventured into acting, with roles in films like 8 Mile, Gridiron Gang, and the TV show Empire.
These roles provided supplemental income, helping to stabilize his finances during difficult times. While acting wasn’t as financially rewarding as his earlier music and TV work, it still contributed to his overall wealth.
Business Ventures and Other Revenue Streams
Over the years, Xzibit has explored various business ventures, including investments in the cannabis industry.
Allegations from his ex-wife Krista Joiner suggest that he was making around $1 million per month from these ventures, though this claim remains disputed.
His involvement in these businesses, however, showcases his efforts to diversify his income streams beyond music and television.
Real Estate Investments
Xzibit’s real estate investments have played a key role in his financial portfolio. His Woodland Hills home was one of his most notable assets.
Purchased for $670,000, Xzibit attempted to sell it for $1.2 million but ultimately sold it for $610,000. This loss further impacted his financial situation, underscoring the challenges he faced in maintaining financial stability.
Financial Struggles and Bankruptcy Filings
Xzibit’s financial struggles began shortly after the cancellation of Pimp My Ride.
Facing significant tax debts, he owed the IRS approximately $900,000 and filed for bankruptcy twice in 2009 and 2010. Both attempts were dismissed, leaving him with a difficult financial burden.
The sharp decline in his income and these financial challenges highlight how quickly fortunes can change in the entertainment industry.
Personal Life and Legal Issues
Xzibit’s personal life, particularly his divorce from Krista Joiner, has also played a role in his financial troubles.
Legal battles, including divorce settlements, further complicated his financial landscape. Although Xzibit has continued to work in various industries, these legal issues have taken a toll on his wealth.
FAQs About Xzibit
How did Xzibit become famous?
He became famous through his music career and as the host of MTV’s Pimp My Ride.
What movies has he appeared in?
He has appeared in films like 8 Mile, Gridiron Gang, and The X-Files: I Want to Believe.
What is his height?
He is approximately 5 ft 10 in tall.
Who is Xzibit married to?
He was married to Krista Joiner, but they divorced in 2021.
How many children does he have?
He has three children: Tremaine, Gatlyn, and Xavier (who passed away shortly after birth).
Why did he file for bankruptcy?
He filed for bankruptcy due to tax debts owed to the IRS and financial struggles after Pimp My Ride was canceled.
How much was his salary from Pimp My Ride?
At his peak, he earned around $497,175 annually from hosting Pimp My Ride.
What businesses is he involved in?
He is involved in the cannabis business, allegedly earning up to $1 million per month.
Does he still make music?
Yes, Xzibit continues to release music, with his most recent album being Napalm in 2012.
Conclusion
Xzibit’s financial journey is a story of both success and hardship, shaped by his music, television work, and business ventures. If you’re interested in learning more about celebrity finances, feel free to explore more on andomoney.com.