DMX is an American rapper and actor. During the peak of his career, DMX was worth in excess of $10 million. Sometime in 2012, he was worth $2 million. Hoever he filled for Chapter 11 bankruptcy in 2013 claiming $10 million in debts. Consequently, that put his net worth at – $10 million. With years past since he filled for bankruptcy, DMX has been working hard to manage his finances more carefully.
DMX Net Worth: How He Began
DMX was born Earl Simmons on December 18, 1970 in Mount Vernon, New York. He began his music career as a beatboxer, and recorded several demos which included “Unstoppable Force” and “Three Little Pigs”. He signed his first recording deal with Ruffhouse record label in 1992 and released his debut single “Born Loser”. After the single received only few airplays, he was released from the contract.
He went on to record music and released a second single in 1994 “Make A Move”. He then started making guest appearances in music videos of rappers such as Ja Rule, Jay Z, LL Cool J and more. This helped to bring him more to the limelight.
DMX would later release his first major label single in 1998 under Def Jam Recordings in February 1998 titled “Get Me A Dog”. Later the same year, he released his first major album “It’s Dark and Hell is Hot”. It debuted at #1 on the Billboard 200 and sold over 5 million copies.
DMX Net Worth: More Music Success
The next five albums that followed all debuted at #1 on Billboard 200, making DMX the only musician in history to accomplish such feat. The second album “Flesh of My Flesh, Blood of My Blood” was released in 1998, the same year as the first, making DMX the first rapper in history to release two Billboard #1 albums the same year. It remained at top spot for 3 weeks and sold over 600,000 copies abroad.
The third album “…And Then There Was X” produced the R&B chart topping single “Party Up”, other singles from the album included “What These Bitches Want” and “What’s My Name?”.
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After his fifth album Grand Champ (2004), DMX publicly announced his retirement from music but later signed to Columbia Records in 2006 and released his sixth studio album “Year of The Dog…Again”. This became his first album not to top the Billboard 200. His seventh and final studio album “Undisputed” (2012) was later released. It featured productions from Swizz Beatz. DMX has sold about 30 million album copies worldwide.
DMX Net Worth: Dwindling Net Worth
As DMX’s legal issues grew as well as his alleged mental illness, so did his success with music. Since his rise to fame, DMX has been arrested and incarcerated for a number of charges including Driving without licence and under the influence, animal cruelty, identity falsification and drugs and weapons possession.
DMX filled for Chapter 11 bankruptcy in 2013 claiming the major issue to be his child support obligations. He stated $10 million in debts to various creditors.
His latest problem with the law was in July 2015 where he was arrested for failure to pay $400,000 in child support. The father of 12 was sentenced to 6 months behind bars but was released two months later but arrested again in December 2015 for failing to attend a court hearing with regards to child support issues with his ex-wife Tashera Simmons. He was later released.
DMX is currently holding shows with the help of his current producer Swizz Beatz. Apparently, he is working towards his redemption. In February 2016, he was found unconscious in Ramanda Inn hotel parking lot in Yonkers, New York but was rescued by policemen and taken to the hospital. While some speculated a drug overdose, others including his lawyer claimed that Deacon X suffered an asthma attack.
Throughout his active musical career, DMX also starred in a handful of movies, some of them include “Romeo Must Die” which featured Jet Li, “Exit Wounds” and “Never Die Alone”. He also starred in a number of reality TV series. In 2003, he released his memoir titled “E.A.R.L.: The Autobiography of DMX”.
DMX has received 3 Grammy Award nominations and 5 MTV Video Awards nominations. He has won an American Misic Award in 2000 for favorite rap/hip-hop artist in 2000.
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