How much is Ja Rule’s worth in 2018?
American rappers are known for their fabulous lifestyles, and it is always interesting to know how much they are actually worth. In this post, we will tell you about Ja Rule net worth and talk about the man himself.
Ja Rule net worth
Jeffrey Bruce Atkins who is more commonly known by his stage name Ja Rule is an American artiste that has been on the scene for more than two decades. Which is why it would probably not surprise you that he is a millionaire. Sources vary on the exact number of his net worth. The Richest say that it is $5 million, while CelebrityNetWorth claims that it is $8 million. Either way, the artiste is quite wealthy by all standards.
Most of this money came from the sales albums. Back in the 2000’s, Ja Rule albums topped the charts, so he pumped them out consistently every year from 1999 to 2004. That was probably when he had amassed the bulk of his wealth.
Later on, though, things went downhill. For several years, Ja went on hiatus and when he returned, Ja rule music did not impress the fans as much. What was worse, the artiste started fighting with his fellow rappers, having legal problems and even getting imprisoned several times, which definitely did not help his reputation or net worth.
Apart from being a musician, Ja Rule also tried other lucrative ventures. For instance, he starred in several movies, including The Cookout and I’m in Love with a Church Girl. In addition to that, he has been involved in several entrepreneurship ventures, such as a clothing line by the name of ErvinGeoffrey along with IrvGotti, a liquor company by the name The Mojito and a line of men’s sneakers named Maven x Madden with Steve Madden himself.
What went wrong for Ja Rule in the past few years
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Things would probably not be all that bad for Ja Rule if he had not gotten involved with a man known as Billy McFarland. The two met in 2015 and collaborated on creating a credit card. Their end product called Magnises ended up failing, as it cost $250 per year for no good reason other than just getting money from gullible millennials.
Two years ago, the duo created their own booking agency called Fyre Media, and a year later, they decided to hold Fyre Festival, which, as you might know, figuratively went up in flames. If you do not know, basically Ja Rule and McFarland promised a paradise in the Bahamas with appearances from top musicians, but the place ended up being a dump, and artistes quickly pulled out after finding out about it.
As you might imagine, people that paid big bucks for their tickets expecting to have a great time, were not all that happy when they arrived to Bahamas (and could not even return home for a while). That is why Ja Rule and his associate were drowned in lawsuits.
Even though the festival was supposed to happen in 2017, the legal proceedings continued until a few months ago. The brunt of the blame fell on McFarland’s shoulders, but Ja Rule’s reputation suffered another major blow.
Over the years, the famous and popular rapper has fallen quite far from where he was a decade ago. Nevertheless, he still has several million dollars to his name. Who knows, maybe there is still time for Ja Rule to climb back up.
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