Soulja Boy Net Worth (Money & Salary)

Soulja Boy Net Worth (Money & Salary)

October 7, 2024

What is the net worth of Soulja Boy?

$5 million is the net worth of Soulja Boy, an American rapper, record producer, actor, and entrepreneur. DeAndre Cortez Way, also known as Soulja Boy, released his first single in 2007. The song “Crank That (Soulja Boy)” was a tremendous hit that sparked a dance craze, reaching number one on the charts. Holding the number one spot in the United States for seven non-consecutive weeks starting in September 2007.

Soulja Boy’s subsequent albums, such as “iSouljaBoyTellem” (2008) and “The DeAndre Way” (2010), did not reach the same level of commercial success as his debut. However, they did produce some noteworthy tracks. Despite this, he remained known for his infectious hooks and self-produced beats, sustaining his presence in the music charts.

Aside from his music career, Soulja Boy delved into various business ventures, including fashion and technology. He established his own clothing line and explored digital and social media platforms to enhance his music and personal brand.

Soulja Boy Net Worth (Money & Salary)

(Frederick M. Brown/Getty Images)

Private Jet Costing $55 Million

In 2011, news outlets reported that Soulja Boy had bought a $55 million private jet, a Gulfstream G5, to celebrate his 21st birthday. The purchase allegedly involved $35 million for the Gulfstream G5 jet itself and an additional $20 million for upgrades. The upgrades supposedly included custom Italian leather seats, multiple liquor bars, several flat-screen TVs, as well as upgraded bathrooms, floors, and cabinets. Subsequently, a representative for Soulja clarified in various interviews that the extravagant rumors were unfounded.

$400 Million Contract

In May 2016, Soulja Boy claimed he had inked a $400 million record deal. However, he expressed feeling undervalued, stating he believed he deserved “2 or 3 billion.” Upon scrutiny, it was revealed that he had indeed signed an agreement with a company named World Poker Fund Holdings to promote an online game called CelebrityWorld.com. This game aimed to enable players to interact with their favorite celebrities through various activities. It combined elements of a social network with features of an online casino, offering games like slots, blackjack, and poker. When asked about the $400 million contract, a spokesperson for World Poker Fund Holdings clarified:

“The $400 million figure was premature. The deal is capped at $400 million and is based on a forward-looking valuation of the company. Soulja Boy, at 25, became overzealous with his announcement, possibly succumbing to industry pressure. The company’s total market cap stood at $51.8 million, making a $400 million deal unfeasible. Endorsement agreements consider a range of factors. This arrangement does not involve a direct cash payout.”

Early Life & Career

DeAndre Cortez Way, known as Soulja Boy, was born on July 28, 1990, in Chicago, Illinois. His family relocated to Atlanta, Georgia, when he was six, where his fascination with rap music began. At 14, he moved to Batesville, Mississippi. His father fostered his interest in music by setting up a recording studio in their home. Soulja Boy uploaded his songs on SoundClick in November 2005, receiving positive feedback, leading him to create accounts on YouTube and MySpace.

In March 2007, he recorded “Crank That (Soulja Boy)” and released his first independent album, “Unsigned and Still Major: Da Album Before da Album.” He accompanied the single with a low-budget video to showcase the “Crank That” dance. By the end of May 2007, “Crank That (Soulja Boy)” received radio play, securing him a deal with Interscope Records. Within months, the track topped the Billboard Hot 100 chart for seven consecutive weeks and earned a Grammy nomination.

His debut major-label album, “Souljaboytellem.com,” was released in October 2007, reaching number four on the U.S. Billboard 200 and later certified platinum by the RIAA. Fourteen months later, he released his follow-up, “¡SouljaBoyTellem.”

His third studio album, “The DeAndre Way,” launched in 2010. The fourth, “Loyalty,” debuted in 2015. Soulja Boy collaborated with various hip-hop artists like Gucci Mane, Sammie, Shawty Lo, and Arab. Although his fifth studio album, “How Can You Blame Me,” was slated for release in 2019, it was postponed due to his incarceration. He continued to release mixtapes and singles, including “Pandemic” in 2021. In February 2021, he dropped “Soulja World” featuring Lil B.

Soulja Boy

(Photo by Marcus Ingram/Getty Images for BET)

Record Label

In 2004, Way established his record label Stacks on Deck Entertainment (SODMG) while signed to Interscope. After founding the label, he signed several artists. On May 30, 2016, Way announced the release of all artists signed to SODMG. In 2019, Way re-signed Lil 100 and welcomed Atlanta artist 24hr. In April 2021, Soulja Boy secured a record deal with Virgin Music.

Controversies

Back in early February 2009, Soulja Boy challenged rapper Bow Wow to a race involving their luxury sports cars. Both drove Lamborghinis at the time. Soulja Boy went as far as claiming Bow Wow’s car was rented to spark controversy. Bow Wow retaliated by proving ownership, leading to a Twitter feud. The dispute escalated to the point where both rappers released diss tracks within a short span. Eventually, they settled their differences and in 2016 dropped a collaborative mixtape titled “Ignorant Shit.”

In mid-April 2013, Soulja Boy took to Facebook to issue several death

Within a threatening scenario involving rapper Chief Keef, Soulja Boy shared Keef’s phone number with fans, urging them to inform Keef of Soulja Boy’s intentions and armed status. Despite further social media posts by Soulja Boy, Keef later revealed that he was presently in London. Ultimately, Soulja Boy claimed that his social media and email were hacked, disavowing the previous messages. In the end, the two musicians settled their dispute.

Soulja Boy

(Photo by Bennett Raglin/Getty Images for BET)

Soulja Boy

Getty

Personal Life

Ice-T criticized Soulja Boy on DJ Cisco’s Urban Legend mixtape in June 2008, prompting a back-and-forth of online videos. Kanye West defended Soulja Boy’s uniqueness in creating hip-hop content. A 2010 episode of The Boondocks spoofed their feud.

Following a 2008 robbery incident at his home, Soulja Boy detailed the events to MTV News, recounting how masked assailants barged in with guns during a late-night recording session.

In a tragic event in March 2011, Soulja Boy’s younger brother, Deion Jenkins, lost his life in a car accident.

In a bid to venture into film and TV roles, Soulja Boy had his face tattoos removed in 2020. Despite his mother’s disapproval of his initial tattoo at 16, Soulja Boy had contemplated removal since 2016 to avoid being typecast in stereotypical roles.

In September 2022, Soulja Boy welcomed his first child, a son, with his girlfriend Jackie.

In Atlanta in October 2009, Soulja Boy faced arrest for obstructing police instructions during a video shoot at an abandoned house. He was later released on bond. Legal confrontations also included firearm violations, alleged threats, and a rape accusation, which Soulja Boy’s spokesperson denied.

In a distressing revelation in 2021, Soulja Boy’s ex-girlfriend Nia Riley accused him of pointing a gun at her when she wanted to leave, alleging physical abuse that caused a miscarriage during her pregnancy.

A class-action lawsuit in February 2022 implicated Soulja Boy in a SafeMoon pump-and-dump scheme following his social media endorsement of the cryptocurrency. These misleading promotions prompted legal action.

Further legal trouble arose in 2019 when Soulja Boy was accused of kidnapping his ex-girlfriend Kayla Myers after a party, keeping her at gunpoint for hours. A subsequent court ruling ordered Soulja Boy to pay Kayla $471,000 in damages, leading to the seizure of his assets.

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Taylor Hill/Getty Images

Earnings Highlights

In 2012, Soulja Boy’s earnings surpassed $7 million, securing his spot among the Hip Hop Cash Kings for that year.

Soulja Boy claimed substantial monthly revenue from the song “Kiss Me thru the Phone,” particularly from the number 678-999-8212 mentioned in the lyrics. The 2008 hit’s success on the Billboard Hot 100 chart contributed significantly to his income.

Real Estate

Reports over the years indicated Soulja Boy’s acquisition of various Los Angeles properties. Notably, a purported $6 million Hollywood penthouse was later revealed to be an Airbnb rental listed for sale at a lower price. Records suggest Soulja Boy predominantly rented mansions around LA, including locations where legal incidents occurred, like his arrest in the Hollywood Hills and the subsequent Malibu altercation in early 2019.

Past real estate transactions show Soulja Boy once owned a property in McDonough, Georgia, before selling it at a reduced price, alongside renting properties in Northridge and Malibu. Recent legal entanglements led to asset seizure following a court verdict, highlighting notable events in Soulja Boy’s real estate and financial history.

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Data is from 2023 and 2024 and forecast data is for 2025 and 2026. The forecast data is also being expanded to cover 2027 and 2028.

Post Title: Soulja Boy Net Worth (Money & Salary)
Last Updated: February 12, 2025