How much is DMX worth?
|Net Worth:||-$1 Million|
|Date of Birth:||December 18, 1970|
|Country:||United States of America|
Who Is DMX
DMX, born Earl Simmons, is an American rapper who became best known in the late 90s and has held records for his five best selling albums. He is known for his fast and sharp delivery and his lyrics are full of storytelling that rival Tupac. The rapper had a great relationship with Jay Z and was one of Def Jam’s best selling artists in the 90s. Most recently, DMX’s run ins with the law and the mounting list of crimes he continues to commit have overshadowed his rap legacy. Some of DMX’s most popular tracks include “Party Up (Up In Here)”, “What’s My Name?”, and “X Gon Give It To Ya”.
How Did DMX Get So Rich?
DMX has had five albums that have all peaked at the top of the Billboard 200, and not only that, but those albums have gone multi platinum by the Recording Industry Association of America. His debut album, It’s Dark and Hell Is Hot, has sold more than five million copies to date, and his best selling record is his third effort, …and Then There Was X, which went 5x platinum in much quicker succession than his debut. DMX continues to make money through streaming services such as Spotify, as he has more than six million monthly listeners on the platform and his track “X Gon Give It To Ya” has more than 380 million plays. Up to now, DMX has sold more than 70 million records worldwide.
Though DMX has made millions of dollars through record sales, he has also lost millions through tax evasion. And though DMX is a household name in gangster rap and known across the world, his net worth is actually in negative figures. After being found guilty of 14 counts of tax fraud for the years between 2010 and 2015, he was ordered to pay back $2.3 million. Not only this, but DMX is a father to 15 children, all of which he has to pay child support to, which is something that the rapper has claimed to be the reason he filed for bankruptcy.
Why Is He So Famous?
Though DMX had a rough childhood in the 80s, it was thanks to this that helped him become successful. As he was in and out of children’s homes, DMX got his stage name from the name of the Oberheim DMX drum machine, which was what he used to make music when he was in the children’s homes. Though the meaning of the pseudonym has retroactively been changed to be an acronym for Dark Man X, it was the drum machine that helped him get the attention that he did due to the distinct sound the instrument has.
The rapper’s debut album arrived in 1998, titled It’s Dark and Hell Is Hot, which was a massive success as it not only sold well and was a commercial hit, but DMX was praised by critics for his lyrical delivery too. The following year, the rapper’s sophomore effort, …And Then There Was X, was an even bigger success as it went straight to number one on the Billboard 200 album chart, and it was helped significantly by the huge lead single, “Party Up (Up In Here)”. At this point in his career, DMX has released eight full albums, with five of which topping the Billboard 200 chart.
In the late 90s, DMX’s profile grew due to his feud with Ja Rule and Jay Z. Though the three had all grown close to one another by featuring on each others’ tracks and had even formed a rap group called Murder Inc., the friendship went sour. DMX began calling Ja Rule a “copycat” and that the rapper stole his flows. Though Ja Rule never got involved or responded, DMX released the diss track “They Want War”, which was the start of DMX’s downfall. However, in 2009 DMX and Ja put their feud to an end at that year’s VH1’s Hip Hop Honors.
Now the rapper is most known for his many stints in jail and and his growing list of felonies. His first sentence was way back in 1986 when he stole a dog from a junkyard, but the crimes he committed steadily got more and more serious. A couple of years after that, he was convicted for a carjacking, and then moved to a higher security prison for trying to extort another inmate for drugs. Even after his rise to stardom, he still took part in several crimes including theft, animal cruelty, drug possession, and speeding. Most recently, he was charged for 14 federal counts of tax fraud in 2017, and he spent a year in jail.
What Made DMX Successful Early On?
Though DMX has had his problems, if he was anything it was authentic. His persona as a gangster rapper was the reason why he accomplished getting five consecutive albums to number one on the Billboard 200 chart. DMX never sacrificed his personality or sold out. Even in the movies he starred in, such as Cradle 2 The Grave and Exit Wounds, he was always the tough guy and he never traded that in to star in family movies like many of the famous gangster rappers of the 90s. The rapper’s deranged dual-minded like narrative was also a major impact on audiences, as he would switch between warning listeners of the dangers of greed and violence, and then rap about holding up a liquor store, sometimes even within the same song.
He is the only rapper to have two multi-platinum albums released in the same year, and it’s not only thanks to his delivery, but the producers too. DMX was smart enough to work with some of the best producers working today, but were relatively unknown at the time they worked on DMX’s music. Producers such as Swizz Beats, P. Killer, and Irv Gotti all featured on his sophomore album, which helped it go triple platinum. DMX’s production on music coupled with his rap flow and lyrical content is the reason why he was undoubtedly Def Jam’s biggest artist in the late 90s.
DMX earned his critically acclaimed and chart topping album success thanks to his fly on the wall approach to lyrical storytelling and his ferocious rap delivery, but his inability to stay away from crime and his constant tax evasion have left him with an estimated net worth as little as -$10 million. That could all change in the future however, as he has officially reunited with Def Jam, the label that started it all, and is in the process of recording an album of new material.