Soulja Boy’s Net Worth 2023

DeAndre Cortez Way, who is known by the stage name Soulja Boy has been enjoying huge success in the United States. The rapper also has a reputation as a record producer with some excellent music to his name. He was born on the 28th of July, in the year 1990, to his father, Tracy Way, and his mother, Lisa Way. His family relocated to Atlanta when he was just six years old. He also has an older brother and also had a half-brother who died in a car accident.

The 32-year-old rapper has been in this industry for a very long time. He was just 14 when he started rapping in the year 2004. This was inspired by his father, who gave him a recording studio to practice his rap music when he was just 14 years of age. Eventually, he continued this passion and successfully established himself as one of the greatest rappers.

Soulja Boy has come a long way since then and amassed a huge amount of wealth. His worth is really high, considering his young age. He’s not only limited to singles but also actively collaborates with other artists all around the world and has various albums too. All this contributes to his immense fan following and earns him a big amount of money too.

Why is Soulja Boy so Popular?

Soulja Boy was a person who aimed high in his career. From a very young age, he wanted to do something big in life. He wanted to be a popular rapper. He realized that it was a very competitive field that he wanted to excel in. Hence he needed to start early.

He relocated to Mississippi to chase his dream of becoming a world-famous rapper. He soon earned respect and popularity from his fans. His track “Crank That” earned him tremendous fame and popularity. It took him to the top of U.S. billboards, top 100 songs list. His song was trending and at the very top. He realized his underlying potential to work even harder. 

The same year, following the release of “Crank That”, he wrote his independent single debut, ”Unsigned And Still Major: Da Album Before Da Album.” With his popularity at its peak during the time, it was no surprise that he was signed within 2 months by Interscope Records. It was an inspiration for several youngsters who were aspiring to become rappers. A young rapper was writing, producing, and performing, all at the same time, and had earned himself such a big name. He also had several soundtracks that made him even more popular later.

But as is the case with most famous stars, they are always surrounded by controversies. Soulja Boy also had problems and legal issues. It was in December, in the year 2007, when Soulja Boy was arrested. The arrest took place in Atlanta, Georgia. He was filming in some location in an empty house. When the police came to look for him, he tried to escape the scene and ran away from the police. This aggravated the issue more, and Soulja Boy was sent to prison following this. He was later released on a $550 bond.

The troubles did not end here for Soulja Boy. 4 years later, in May 2011, Soulja Boy was used by a local promoter. He alleged that Soulja Boy had not paid him the promised amount for a rescheduled concert. The scene gained quite a lot of fan and media attention. The fact that Soulja Boy had been involved in a legal case previously did not help his cause either, and he received quite a lot of flak from the media.

Three years later, Soulja Boy was again sent to jail. This time he was caught with an illegal gun in his car. The span of his imprisonment was pretty long, around 2 years. Soulja Boy tried to defend himself by blaming a neighbor of his. He alleged that a neighbor had kept the gun inside his car. Even Soulja Boy’s manager tried to defend him. But Soulja Boy’s previous record did not help the cause, and he was sentenced to 24 months in prison.

What is Soulja Boy’s Net Worth?

Soulja Boy’s net worth has significantly increased over the past years. As of 2023, the rapper’s net worth has been estimated to be 35 million$. In this article, we will perhaps go through how Soulja Boy has been able to build his entire empire from scratch.

Soulja Boy’s Music career: How did it escalate?

Soulja Boy started rapping as a passion from a very young age. His first breakthrough came in the year 2007, with his music “Crank That (Soulja Boy).” During that time, the music was a huge success and was at number one on the Billboard Hot 100 Chart. Since then, there has been no turning back.

Soulja Boy’s first song came out way back in the year 2007. The song was a huge hit among fans, which kickstarted his career with a bang. The key feature of the song that attributed to its huge success was that it was simple. It was stuck in the listener’s head due to its simple nature, and that’s why it got so popular.

Soulja Boy’s net worth (Credit: Getty Images)

The rapper continued with some more hits, which eventually broke all the records. His albums like The DeAndre Way and iSouljaBoyTellem further were hits and contributed to his increased wealth. Though they were not as popular as his debut breakthrough, they still managed to gather a significant fan base.

How Did Soulja Boy Amass Such A Wealth?

Soulja Boy’s music earns him quite a fortune. Despite his legal issues, which severely impacted his popularity and fan base, his music still gets him quite a big chunk of his fortune. The quality of his rap still attracts a large crowd, and his fan base seems to be quite loyal. He earns an estimated income of $5 million from his music career per year. 

As stated earlier, Soulja Boy’s first song in the year 2007 earned him massive popularity. He was even featured in the Forbes Magazine record of Hip-Hop Cash Kings of 2010. Soulja Boy was ranked an impressive 18th in the magazine, and it helped him earn a tremendous amount of $7 million that year.

In the year 2016, Soulja Boy was offered a huge contract by the World Poker Fund. The details of the deal were never disclosed in public, and people were kept guessing the magnitude of the deal. However, as per unofficial reports and several sources, the agreement is believed to be worth a whopping $400 million. The large sum of money seems absurd to some, but given Soulja Boy’s massive popularity, especially among aspiring youngsters, the World Poker Fund made the bold decision. It is believed that they wanted someone who was really influential, especially among the youth. Hence, they chose Soulja Boy to endorse their events.

Soulja Boy is more than just a rapper. He had already demonstrated his entrepreneurship abilities after launching his own clothing brand. His foray into the fashion industry has also increased his wealth. Soulja Boy unveiled his apparel brand “BLVD Supply,” which specializes in streetwear popular with his following. 

Other than top-notch fashion sense, the rapper also established his own record company, “Stacks on Deck Money Gang.” He not only promoted his own songs through the company but also of other musicians.

He’s also had his own SouljaCoin, which keeps him as a unique entity in the emerging market of digital currency. Again, whether the endeavor of his own digital currency would be successful or not, only time will tell, but it does signify his willingness to venture out and try our newer fields.

Soulja Boy’s Career Overview: Everything To Know

The rapper’s way of living life reflects his wealth indeed. Expensive cars, luxurious clothes, watches, and jewelry to go along with it, high-end mansions, etc., all signify the amount of wealth he has. His collection of extremely valuable watches, studded with over-the-top expensive diamonds and other expensive stones, is sure to be envied.

Soulja Boy's net worth
Soulja Boy’s net worth (Credit: Getty Images)

His endeavors show his willingness to expand beyond the conventional music industry, where he started his career. However, behind every successful person lies a difficult time and story, and the same is with Soulja too. His career has had ups and downs. He’s had his fair share of scandals and difficulties, but it hasn’t stopped him a bit. He still holds relevance in the music industry too, which is much more difficult considering the constantly changing trend and dynamics of the music industry and the arrival of newer artists day by day.

Also Read: Shannen Doherty Net Worth 2023


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