How much is Beanie Sigel worth?
| Net Worth: | $300 Thousand |
|---|---|
| Profession: | Professional Rapper |
| Date of Birth: | March 6, 1974 (age 48) |
| Country: | United States of America |
| Height: | 5 ft 8 in (1.75 m) |
About Beanie Sigel
Beanie Sigel is the stage name of Dwight Equan Grant. He’s an American actor and rapper from Pennsylvania that gained attention after associating himself with Jay-Z and his label Roc-A-Fella Records. Since his rise to the top in the hip hop world, Beanie has produced and released six gold-certified studio albums and three collaborative albums with State Property and Freeway.
His debut studio album was released in February 2000 and is titled The Truth. The LP sold over 150,000 copies in its first week and reached number 5 on the US Billboard 200 chart. It also included five collaboration projects with established names in the hip hop world – Jay-Z, Eve, Amil, Memphis Bleek, and Scarface that further helped him achieve popularity.
Dwight was born on March 6, 1974, in South Philadelphia, Pennsylvania. He developed the stage name “Beanie Sigel” during his pre-teen years. It derives from the street in Philadelphia where he was raised (Sigel Street). Beans is what people used to call him when he was a child so he decided to implement that into his professional name.
He dropped out of high school during the mid-1990s and decided to pursue a music career. Almost immediately, he began attending freestyle and rap battles where he improved his skills. He then began recording many tapes that were sent to Jay-Z. After impressing the best-selling rapper and international superstar, Sigel was offered a recording deal with his label – Roc-A-Fella Records in 1999. With Roc-A-Fella, he began working on his debut studio project with many producers such as B!nk, Buckwild, Rockwilder, Just Blaze, and Kanye West.
Just a year later, in June 2001, Beanie signed a multi-year deal with Def Jam Records and released his second album – The Reason. The sophomore project was just as successful as his first and it eventually helped him go mainstream.
Apart from garnering positive reviews from music critics and fans, the hip hop studio album sold 585,000 copies in the US. Record labels generally take from 50-90% of the earnings, however, artists can earn more after the releases through live performances and other related endeavors.
Sigel’s Total Net Worth
Over the course of his career, Sigel has transitioned into various acting roles, which helped add to his earnings. Throughout the rest of the 2000s and 2010s, the rapper continued to release new music. While producing and releasing four more prosperous studio albums – The B. Coming, The Solution, The Broad Street Bully and This Time, he also began proactively working with other artists.
From his work in the music business, as well as his 10 acting credits, it appears that Beanie Sigel has had career earnings in the region of $2 million dollars in pre-tax earnings.
In his personal life, Beanie Sigel has never been married and has no children. His life has been rough at times, at least that is what has been reported. He has been arrested on a number of occasions and it is entirely possible that he may have earned money from the street. If he has, which is unclear, it would point to why he was arrested with 50 grams of marijuana in his vehicle. More than likely, if money was earned that way, it will have been lost or spent; money earned illicitly does not have a tendency to stick around.
What is most likely, is that much of Sigel’s earnings have been mismanaged. This is not a fact but it certainly is an opinion. Overall, it is estimated that he has a net worth of close to $300 thousand dollars.
Among some of his best collaborations are with Snoop Dogg, R. Kelly, 50 Cent, and other best-selling artists. Over the course of his career, he also released five mixtapes and three collaboration albums with State Property and Freeway.
Since his association with Jay-Z and the release of many chart-topping hip hop music, Beanie Sigel has also received a lot of acting opportunities. As part of the Roc-A-Fella Records roster, he appeared in the 2002 action film State Property, which marked his film debut. He then took part of Paper Soldiers, Death of a Dynasty, and State Property: Blood on the Streets. As himself, he has also starred in many TV specials and documentaries like Backstage, Saturday Night Live, Brown Sugar, Beef, Fade to Black, and Rap Fix Live.
Summing-Up
Despite the controversy with the likes of Jay-Z, Jadakiss, Meek Mill, and other hip hop artists, Beanie Sigel is a well-known actor and rapper. He began his career in the mid and late 1990s and quickly established himself as a prominent face of the hip hop world. He has created six studio albums, five mixtapes, and three collaboration albums. Apart from his solo work, he also teamed up with the likes of 50 Cent, R. Kelly, Jay-Z, and Snoop Dogg among many other best-selling artists for international hits like “Don’t Stop”, “I Go Off”, and “All of the Above” to name a few.
