| Attribute | Details |
|---|---|
| Net Worth | $5 Million |
| Birth name | DeAndre Cortez Way |
| Also known as | Soulja Boy Tell ‘Em Big Draco |
| Birthdate | Jul 28, 1990 |
| Age | 33 years old |
| Birthplace | Chicago, Illinois, U.S. |
| Gender | Male |
| Height | 5 ft 8 in (1.75 m) |
| Profession | Rapper, Songwriter, Record Producer, Actor |
| Nationality | United States of America |
What is Soulja Boy’s net worth?
DeAndre Cortez Way, better known by his stage name Soulja Boy, is a multifaceted American talent, recognized for his contributions as a rapper, record producer, actor, and entrepreneur. As of 2024, Soulja Boy’s financial standing is estimated to be around $10 million.
Breakthrough with “Crank That”
In 2007, Soulja Boy took the music world by storm with his debut single, “Crank That (Soulja Boy).” The track not only topped the charts but also sparked a nationwide dance phenomenon. It enjoyed a remarkable run as the number-one hit in the United States, reigning for seven weeks.
Musical Endeavors and Chart Presence
While his later albums, “iSouljaBoyTellem” and “The DeAndre Way,” released in 2008 and 2010 respectively, didn’t replicate the monumental success of his initial release, they were still significant. They featured tracks that resonated with fans and helped maintain his status in the music industry.
Diversifying into Business Ventures
Soulja Boy’s entrepreneurial spirit led him beyond the music scene. He delved into the fashion world with his own clothing line and embraced the digital age, leveraging social media to enhance his music and brand visibility.
In summary, Soulja Boy’s career trajectory and business acumen have culminated in a substantial net worth, reflecting his success across various industries.
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The Tale of Soulja Boy’s Alleged Private Jet
Soulja Boy, the American rapper and entrepreneur, was at the center of a media whirlwind in 2011 when reports surfaced about a lavish purchase. It was claimed that for his 21st birthday, he treated himself to a $55 million Gulfstream G5 private jet. The narrative detailed an initial expenditure of $35 million for the jet itself, with an extravagant $20 million allocated for bespoke upgrades.
Clarifying the Facts
However, this story of opulence took a turn when Soulja Boy’s spokesperson intervened. The representative addressed the media, stating that the reports of the private jet purchase were, in fact, “elaborate rumors” and not reflective of reality.
Soulja Boy’s Promotional Deal with World Poker Fund Holdings
In a bold move back in May 2016, Soulja Boy announced that he had inked a deal worth $400 million with World Poker Fund Holdings. The rapper expressed that even this staggering amount might have been an undervaluation, hinting at figures like $2 billion or $3 billion as more fitting.
The Reality Behind the Headline
Soulja Boy signed an actual contract to promote CelebrityWorld.com, an innovative platform that blends social networking with the thrill of an online casino. Here, users can mingle with celebrities while enjoying games like slots, blackjack, and poker.
Clarification of the Contract Terms
However, the initial excitement led to some overstatements. A spokesperson for World Poker Fund Holdings clarified that the $400 million figure was the upper limit of a deal based on optimistic future valuations of the company. Given that the company’s market cap was around $50 million at the time, a full $400 million cash deal was not feasible.
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Early Life & Career
The Rise of Soulja Boy: From Chicago to Stardom
DeAndre Cortez Way, globally known as Soulja Boy, embarked on his journey in the music industry from a young age. Born on July 28, 1990, in Chicago, Illinois, he moved to Atlanta, Georgia at six, where his passion for rap began to flourish. By the age of 14, he had relocated to Batesville, Mississippi, where his father’s support and a home recording studio became the launchpad for his future career.
Online Beginnings and Breakthrough
Soulja Boy’s early music postings on SoundClick in November 2005 received positive feedback, prompting him to expand his online presence to YouTube and MySpace. His independent album “Unsigned and Still Major: Da Album Before da Album” and the accompanying low-budget video for “Crank That (Soulja Boy)” catapulted him into the limelight by May 2007.
Chart-Topping Success and Continued Ventures
The single “Crank That” soared to the top of the Billboard Hot 100 by September 2007, earning him a Grammy nomination and leading to a deal with Interscope Records. His debut major-label album, “Souljaboytellem.com,” was released in October 2007, achieving platinum status and peaking at number four on the U.S. Billboard 200.
Collaborations and Recent Works
Over the years, Soulja Boy has collaborated with notable hip-hop artists like Gucci Mane and Sammie. Despite a delay in the release of his fifth studio album “How Can You Blame Me?” due to legal issues, he continued to produce music, including the mixtape “Pandemic” and the album “Soulja World” featuring Lil B.
Latest Releases and Current Status
As of 2024, Soulja Boy’s latest album, “Swag 6,” is available. It showcases his enduring influence in the music scene. His journey from a teenager with a dream to a recognized artist and entrepreneur illustrates his resilience and adaptability in the ever-evolving world of music.
Record Label
Soulja Boy established his record label, Stacks on Deck Entertainment (SODMG), in 2004. This venture was initiated while he was still under contract with Interscope Records. Over the years, SODMG has seen a variety of artists come and go under its banner.
A Fresh Start for SODMG
In a surprising move on May 30, 2016, Soulja Boy declared that he had released all artists from the SODMG roster. This decision was part of a strategy to refresh the label’s lineup. By 2019, the label saw new energy with the re-signing of Lil 100 and the addition of Atlanta artist 24hr.
Expanding Horizons with Virgin Music
April 2021 marked a significant milestone for Soulja Boy as he secured a record deal with Virgin Music. This deal was indicative of his aspirations to scale new heights in his career.
As of 2024, Soulja Boy continues to make strategic moves with SODMG, including the signing of artist Skinnyfromthe9, signaling a new chapter for the label. His business acumen and adaptability have allowed him to remain a significant figure in the music industry, both as an artist and as an executive.
Controversies
Soulja Boy’s History of Controversies
Soulja Boy, a figure often in the spotlight, has had his share of controversies over the years. In February 2009, he ignited a public dispute with fellow rapper Bow Wow over the authenticity of their luxury cars, leading to a heated exchange and diss tracks from both sides. This feud was later resolved, culminating in a joint mixtape titled “Ignorant Shit” in 2016.
Social Media Feuds and Reconciliations
Another notable incident occurred in April 2013, when Soulja Boy engaged in a serious altercation with rapper Chief Keef via Facebook, involving threats and the sharing of personal contact information. The situation escalated until Soulja Boy claimed his accounts were hacked. Fortunately, the two artists eventually made peace.
Recent Legal Challenges
As of 2024, Soulja Boy has faced significant legal challenges, including a $10 million lawsuit related to allegations of sexual battery, which has been brought to a judge for a decision. He has also been involved in a legal battle with ex-girlfriend Nia Riley, with a default judgment ordering him to pay $10 million, which he is currently contesting.
Personal Life
Soulja Boy’s Personal Milestones and Challenges
Soulja Boy, whose real name is DeAndre Cortez Way, has experienced a mix of personal highs and lows throughout his life. His journey has been marked by both controversy and significant life events.
Facing Criticism and Support in the Industry
In June 2008, Soulja Boy found himself at the center of a heated debate when Ice-T criticized his impact on hip-hop and his hit song “Crank That,” comparing it unfavorably to the works of hip-hop legends. The exchange escalated with traded videos, but Kanye West came to Soulja Boy’s defense, praising his originality in the genre.
A Brush with Violence
The end of 2008 brought a harrowing experience for Soulja Boy when he was the victim of a home invasion. Initial reports claimed six armed men were involved, but later, two individuals claimed responsibility. Soulja Boy recounted the terrifying event, detailing how it unfolded after returning from an album release party.
Tragic Family Loss
Tragedy struck on March 22, 2011, when Soulja Boy’s younger brother, Deion Jenkins, passed away in a car accident, a loss that deeply affected him.
A Transformation for New Roles
In a move to transition into film and television, Soulja Boy decided to remove his face tattoos in 2020. He had expressed the desire to avoid being typecast based on his appearance, a sentiment he had shared since 2016.
Welcoming New Life
In a joyful turn of events, September 2022 saw the birth of Soulja Boy’s son, a new chapter in his personal life.
As of 2024, Soulja Boy continues to navigate his personal and professional life, including his relationship status. He is reportedly dating model Jasmine Sanders, known as Golden Barbie. His commitment to his career and personal growth remains evident as he adapts to the evolving landscape of the entertainment industry.
Soulja Boy’s Legal Encounters
Soulja Boy has faced various legal challenges throughout his career. In 2009, he was arrested for obstruction in Atlanta, Georgia, while filming in an abandoned house and was later released on bond. He has also dealt with accusations of weapon violations, death threats, and a denied rape allegation.
Serious Allegations and Lawsuits
In 2021, Soulja Boy’s ex-girlfriend Nia Riley accused him of threatening behavior and causing physical harm, which allegedly resulted in a miscarriage. These claims have led to a significant legal battle, with a default judgment ordering Soulja Boy to pay $10 million.
Cryptocurrency Controversy
Soulja Boy was implicated in a class-action lawsuit against the cryptocurrency company SafeMoon in 2022. The lawsuit alleges that the company operated a pump-and-dump scheme, which Soulja Boy had promoted on social media alongside other celebrities.
Kidnapping and Assault Claims
In 2019, an incident involving the alleged kidnapping and assault of an ex-girlfriend named Kayla Myers at his Malibu rental led to a court order in 2023. Soulja Boy was directed to pay $471,000 in damages. To satisfy the judgment, authorities were authorized to seize property from his home in Bell Canyon, California.
As of 2024, Soulja Boy continues to address these legal issues, including fighting a $10 million judgment in a legal battle with ex-girlfriend Nia Riley. He has been contesting the ruling, citing a lack of awareness of the proceedings due to his busy touring schedule and a period without legal representation.
Soulja Boy’s Earnings Overview
Soulja Boy, the American rapper and entrepreneur, has had a lucrative career with several financial highlights. In 2012, he earned over $7 million, securing his spot among the Hip Hop Cash Kings for that year.
“Kiss Me thru the Phone” Financial Success
One of his most notable income streams was from the song “Kiss Me thru the Phone.” Soulja Boy claimed that the phone number featured in the song, 678-999-8212, generated about $100,000 a month for him during its peak popularity. The song featured Sammie and was a massive hit and reached No. 3 on the Billboard Hot 100.
Current Financial Status
As of 2024, Soulja Boy’s net worth is estimated to be around $10 million. His annual income and salary are over $6 million, accruing from his music career and other ventures.
Additionally, with over 3.19 million YouTube subscribers and over 1.7 billion views, he earns over $390,000 yearly from the platform. It’s also estimated that he could be earning up to $1.18 million a year from various sources.
Soulja Boy’s financial achievements reflect his success in the music industry and his savvy business ventures. His ability to capitalize on his musical hits and diversify his income streams has contributed significantly to his wealth.
Soulja Boy’s Real Estate Ventures
Soulja Boy has been associated with various real estate dealings in Los Angeles. Reports in November 2016 suggested he bought a $6 million penthouse in Hollywood, which was later clarified to be an Airbnb rental, actually listed for sale at $3.2 million.
Rental Strategy in Los Angeles
It seems that Soulja Boy has preferred renting properties in LA, including a mansion in Northridge for about $8,000 per month. His rental in the Hollywood Hills was the site of his 2016 arrest for probation violation.
Ownership and Sales
Previously, Soulja Boy owned a mansion in McDonough, Georgia, purchased for $330,000 in October 2008 and sold in 2010 for $132,000. As of 2024, he owns multiple properties, including a luxurious Los Angeles mansion purchased for $6 million in 2016, contributing to his net worth.
FAQs on Soulja Boy’s Net Worth
Soulja Boy’s estimated net worth is around $10 million as of 2024.
Soulja Boy gained fame with his debut single “Crank That (Soulja Boy)” in 2007, which topped the charts and sparked a dance craze.
Yes, Soulja Boy has explored entrepreneurship, including launching his own clothing line and promoting digital platforms.
Reports emerged in 2011 claiming Soulja Boy bought a $55 million private jet for his 21st birthday, but his spokesperson later clarified it as false.
In 2016, Soulja Boy signed a promotional deal with World Poker Fund Holdings to promote CelebrityWorld.com, a gaming platform.
Soulja Boy has encountered various legal issues, including accusations of weapon violations, threats, and lawsuits related to personal disputes and business dealings.
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