How much is Mystikal worth?
|Net Worth:||$1.5 Million|
|Date of Birth:||September 22, 1970 (age 52)|
|Country:||United States of America|
|Height:||5 ft 10 in (1.8 m)|
Mystikal is the stage name of Michael Lawrence Tyler. He is an American actor, rapper, singer, and songwriter. His career in the entertainment business began in the 1990s with the release of his debut studio album Mind of Mystikal. Since then, he has released a total of six albums, all of which have seen commercial success and some have been certified gold and platinum by RIAA.
The rapper became famous when he released his first studio album. Michael was born September 22, 1970, in New Orleans, Louisiana. His father (who ran a convenience store) passed when he was seven years old. He attended the Cohen High School, from which he graduated in 1988. He then joined the United States Army for several years where he worked as a combat engineer. In the 1990s, inspired by the likes of Grandmaster Flash and the Furious Five, Big Daddy Kane, LL Cool J, Run DMC, and the NWA, he decided to pursue a rapping career.
After being discovered by several producers, he was offered an option to tour with Run DMC and Doug E. Fresh. His big break came when he opened for Run DMC at an outdoor concert that took place at the Treme Center. In 1993, after he impressed Leroy Edwards (known under the stage name “Precise”), he landed a recording deal with his label Big Boy Records. Almost immediately after that, the young rapper and his producer began working on the eponymous debut studio project, which was released in June 1994.
Mystikal became rich when he signed with record labels such as Jive, Universal Republic, and Sony. In early 1995, his album impressed the executives at Jive Records who decided to sign him to the label. Upon his signing with the label, he re-released his debut studio album under the title Mind of Mystikal. The album had far more commercial success after its re-release and it even entered several US Billboard charts earnings his first gold-certified album.
Throughout the next five years of the decade, he released two more studio albums – Unpredictable and Ghetto Fabulous. The two projects were far more successful as they both entered the Us Billboard 100 and its top five. In the early 2000s, Mystikal collaborated with several artists such as Sick the Shocker, OutKast, Nivea, and Butch Cassidy for the creation of chart-topping hit singles such as “Ain’t No Limit”, “Danger (Been so long)”, and “Bouncing Back”.
Also in 2000, he released his fourth studio album Let’s Get Ready, which became his first number one and by far most successful project of all time. The two-times platinum and gold-certified album, its 2 million sales, and triumph at the music charts.
What makes the Southern hip hop artist so successful are his popular roles on television and critically-acclaimed music projects. Concurrently with his music, Mystikal also became an actor in the early years of the new millennium. He made his film debut in the 2003 action film 13 Dead Men. Besides appearing in the music videos of artists such as Skinny Jones, Machine Gun Kelly, and Marc Ronson, the rapper has had several roles in films and series such as We Are the Beginning, My Side Piece, Blue for Life, and Mississippi Turn.
Shortly after the release of his latest album, Tarantula, Mystikal was involved in a legal issue regarding sexual battery and was sentenced to prison for six years in January 2004, according to iHeart. He made his return to music in February 2010 with a concert at the Mahalia Jackson Theatre. Since his return, he hasn’t released a studio album and instead has only collaborated with other artists like Mark Ronson, Stevie Stone, Danny, and Trinidad James.
Mystikal’s Total Net Worth
Mystikal has earned estimated total career income of $7.5 million dollars. As Mystikal lives in the state of Louisiana, he will have had to pay around 41% in taxes on his career income. After tax, it is estimated that his career earnings are at around $4.42 million dollars, having paid $3.08 million dollars in taxes.
Mystikal have never married but he has two children. In his personal life, it is estimated that he has spent $2-3 million dollars of his career earnings, including his legal fees, but also earned $400,000 from his investments. He will have also had to pay around $800,000 in business related costs. Therefore, it is estimated that Mystikal has a net worth of about $1.5 million dollars.
Mystikal is a controversial rapper hailing from New Orleans, Louisiana. He began his career in the 1990s and quickly impressed Jive Records officials who signed him to the label. At the peak of his career, his life took a twist when he was sentenced to prison for six years.
After nearly a decade with no music, the rapper who is worth an estimated $1.5 million, returned to the entertainment business in the 2010s. Since then, he has been proactively working on new music all in all while appearing on television series, films, and reality programs.