DJ Khaled Net Worth: Here’s How he Makes and Spends His Millions

Gone are the days when DJs were throwaway backups to musicians and artists, simply there to help them play their music when they request it. Today, they are music producers and are superstars in their own right with the wealth to go with it. One only need look at the career of DJ Khaled, who has become a global superstar through his career as a DJ. DJ Khaled’s net worth has also reached heights comparable to artistes and A-list movie stars.

Through brand endorsement deals, social media influence and millions in album sales, DJ Khaled is not only one of the richest DJs in the world but also one of the most popular. Take a look below as we explore the net worth of the music producer as well as how he spends his millions.

DJ Khaled’s Net Worth

According to the website, CelebrityNetWorth.com, the Louisiana-born DJ has a net worth of $65 million. The DJ, who is also a songwriter, record producer, and media personality has been in the music industry since 1998.

The road to a net worth of $65 million for DJ Khaled began when in the early 90s when he became acquainted with a host of musicians who would later go on to become major names in the industry like Lil Wayne and Birdman. He got his first job as a DJ working at a record store, Odyssey, in New Orleans where he met both artists.

His early DJ career saw him work for a pirate station for his first radio work before he relocated to Miami where he joined 99 Jamz, a hip-hop radio station. After his time with the station, he joined the hip-hop group, Terror Squad as the group’s official DJ and thus began life as a member of the hip-hop community for the record producer.

The first major boost for DJ Khaled’s career came in 2006 when his debut album, Listenn…the Album peaked on the US Billboard 200 at number 12 and featured hit tracks like I’m So Hood and We Takin Over. It was the beginning of a long career of collaborations with major musicians and multiple hit tracks for the DJ.

Since he released his first album, he has released over 10 albums and has sold several million units of albums, with two of his albums, Grateful and Father of Asahd clocking over 5 billion streams alone. A combination of a high number of albums, several successful singles and owning his label (We the Best Music Group), which allows him a greater percentage of album sales, has ensured DJ Khaled’s net worth continues to rise with each track and album release.

READ   This Is How NBA King Lebron James Makes and Spends His Millions

Outside of his income via music, DJ Khaled, whose real name is Khaled Bin Abdul Khaled is also a writer. His published book, The Keys hit the New York Times Best Seller List and he is also an actor, with a couple of credits to his name.

Also, by attaining global attention as a media personality in 2015, he has earned considerably via social media, with over 16 million followers across all three major social media platforms. Through his social media standing, he has signed lucrative product endorsement deals with brands like Snapchat, Apple, Champ Sports, Mentos, and a few others.

He also earns considerably for his DJ gigs, with DJ Khaled estimated to earn in the six figures per show.

Through a combination of all his ventures, including his investments, DJ Khaled has had estimated career earnings of over $120 million and has amassed a net worth of $65 million from it.

How He Spends His Millions

DJ Khaled net worth
DJ Khaled with one of his frequent collaborators, Drake

DJ Khaled had a net worth estimated at $3 million in 2013 but has since grown it to $65 million through hard work, talent, and skill. Since his fortune changed, he has indulged himself in a string of luxurious purchases. One only need to go through his Snapchat or Instagram feed to witness how the DJ spends some of his fortunes.

See Also: What is Lil Wayne’s Net Worth and How Does He Make His Money?

Aside from spending on expensive designer wears and a long line of sneakers and jewelry, DJ Khaled’s huge net worth has enabled him to buy a mansion in Miami. He bought the waterfront mansion for $25.9 million in 2018. The house has nine bedrooms and 10 bathrooms. Aside from his luxurious mansion, DJ Khaled has a number of luxury cars like Rolls Royce, Porsche, Bugatti.

Adeola Seun
Adeola Seun
Seun is a CCNA certified graduate of FUTA. He has been writing on various subjects that include finance, economics, celebrity net worth, lifestyle, biographies and politics for over 7 years, Other than writing, he enjoys movies, video games, and sports

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