What is DMX’s net worth?
|Net Worth:||$-10 Million|
|Income Sources:||His music and acting careers|
|Age/Date of Birth:||December 18, 1970|
|Height:||5 ft 11 in or 180 cm|
DMX is an American rapper, songwriter, and actor. During the peak of his career in the late 1990s and early 2000s, he was worth in excess of $10 million. Sometime in 2012, he was worth $2 million but in July 2013 he filed for Chapter 11 bankruptcy, claiming $10 million in debts as he got embroiled in numerous legal battles. While the filing was later dismissed by the U.S. Bankruptcy Court in Manhattan on November 11, 2013, after it was challenged by the Department of Justice’s bankruptcy watchdog trustee program, DMX’s wealth has since been valued at $-10 million. With years past since he filed for bankruptcy, X has been working hard to manage his finances more carefully. He is currently holding shows with the help of his longtime friend and producer Swizz Beatz.
How DMX Managed To Build a Net Worth of More Than $10 Million During His Prime
DMX enjoyed great success as a rapper in the late 1990s and early 2000s. At some point, it felt like the New York native could never go wrong with the music he was putting out as he released two albums in one year in 1998 that both sold multiple platinum according to the Recording Industry Association of America (RIAA). His first five albums further all received platinum certifications. He has been able to sell about 30 million album copies worldwide.
On the film acting front, X also got to star in a few projects like Romeo Must Die, Exit Wounds, and Cradle 2 the Grave which featured big-name actors and performed very well in the Box Office.
DMX’s musical journey began with him performing as a beatboxer. He would later write his own lyrics and record the demos; Unstoppable Force and Three Little Pigs in 1991, the same year he would feature in the Unsigned Hype column of The Source magazine.
In 1992, music looked like it was beginning to pay off as X signed his first recording deal with Ruffhouse record label, a subsidiary of Columbia Records. He subsequently released his debut single “Born Loser” which received very little airplay, prompting the label to release him from his contract.
Despite the setback, DMX remained focused and continued to make music. He released his second single in 1994 titled “Make A Move”. He was then able to make guest appearances in the music of rappers such as Ja Rule, Jay Z, and LL Cool J which helped to bring him more to the limelight.
By 1998, X had become a big-time rapper following the release of the single “Get Me A Dog” under Def Jam Recordings. Later in the year in May, he released his debut album It’s Dark and Hell is Hot which debuted at #1 on the Billboard 200 chart and sold over 5 million copies. The next five albums that followed all debuted at #1 on Billboard 200, making DMX the only musician in history to accomplish such feat. His second album, Flesh of My Flesh, Blood of My Blood was released in December 1998 and it debuted at #1 on the Billboard 200 chart, making DMX the first rapper in history to release two Billboard #1 albums in the same year. Over 3 million copies of the project was sold.
X’s third album in 1999 titled …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?”. It was certified six-times Platinum. His fourth album, The Great Depression, did not do as well as its predecessors but it still managed to get triple Platinum certifications. Popular songs from the album include “Who We Be”, “We Right Here”, and “Shorty Was The Bomb”.
After his fifth album Grand Champ in 2004 which received Platinum certifications from the RIAA and featured singles like “Where Tha Hood At” and “Get it on the Floor”, DMX publicly announced his retirement from music. He would, however, make a comeback in 2006 when he signed to Columbia Records and released his sixth studio album, Year of The Dog…Again. The album sold 125,000 copies in its first week and became X’s first album not to top the Billboard 200.
DMX’s seventh and final studio album, Undisputed, was released in 2012. The album debuted at #19 on the Billboard 200 after selling 17,000 copies in its first week.
- 1998 – It’s Dark and Hell Is Hot & Flesh of My Flesh, Blood of My Blood sold a joint total of over 8 million copies
- 1999 – … And Then There Was X sold over 6 million copies
- 2000 – The Great Depression sold over 1 million copies in the U.S. alone
- 2003 – Grand Champ sold over 1 million copies
Only rapper in history to have his first 5 full-length releases go No. 1 on the Billboard 200
Those albums have 14 Million RIAA Certifications
281 Billboard 200 Weeks
It was almost 6! Year of the Dog went No. 2 – beaten by compilation NOW 22 by just 1k units
— Hip Hop By The Numbers (@HipHopNumbers) September 4, 2019
Film Acting Career
While going about his music career, DMX starred in a handful of movies. The first one was Belly in 1998 which featured rappers Nas and Method Man as well as Taral Hicks and R&B singer T-Boz. Famed music video director Hype Williams made his film directing debut on the crime drama film project that made over $9.5 million at the box office on a budget of $3 million.
X’s second film was Romeo Must Die in 2000. It starred Jet Li and Aaliyah and grossed $91 million against a production budget of $25 million. 2001 action film, Exit Wounds, which starred Steven Seagal alongside the rapper received negative reviews from critics but performed well at the box office as it made a worldwide total of $79.9 million against a budget of $33 million.
Following the success of Romeo Must Die, Jet Li and DMX teamed up again for Cradle 2 the Grave in 2003. The movie received largely negative reviews but enjoyed modest commercial success as it grossed over $56 million on a budget of $25 million. X has since then not featured in any successful film project as his next major roles were Direct-to-DVD releases.
- 1998 – Belly made $9.5 million
- 2000 – Romeo Must Die made $91 million
- 2001 – Exit Wounds grossed $79.9 million
- 2003 – Cradle 2 the Grave made $56 million
DMX’s Net Worth in 2020 and How He Lost His Fortune
DMX is reported to be worth $-10 million in 2020. This may be surprising to all his fans who followed his career and were witnesses to the kind of success he enjoyed from his film acting and musical career. Those close to the New York native would have, however, seen this coming as he was addicted to drugs and had multiple run-ins with law enforcement, thus facing numerous legal issues.
X has admitted and openly spoken about his addiction to crack cocaine. He says it began when he was 14 years old after he smoked a marijuana cigarette laced with the drug. The entertainer has since then used drugs, which has been the basis of his arrest on multiple occasions. As you would expect, X was no longer able to perform at a high standard and so he was no longer able to make quality music. He has since further claimed to have bipolar disorder which could have further contributed to the decline in his work.
Another factor that evidently contributed to his dwindling finances is the numerous extramarital affairs he had while he was married. While most of these affairs never made the light of day, DMX had children with some of these women who took him to court demanding child support. In 2007, he was ordered to pay her $1.5 million to a woman named Monique Wayne who had a son for him in 2004. In July 2015, he was arrested and locked up for failure to pay $400,000 in child support.
The Rapper is a Father to Fifteen Children
As earlier stated, DMX had multiple extramarital affairs. From all, including his marriage to his wife Tashera Simmons, he fathered fifteen children. X and Tashera, who got married in 1999 and separated in 2010, have just four children together. They are Xavier Simmons, Praise Mary Ella Simmons, Tocoma Simmons, and Shawn Simmons. The other eleven are from different women.
Tashera and X were married for a long and excruciating eleven-year period, a time during which the rapper took other women to bed all across the United States. Speaking at an interview, Tashera revealed that she felt bad about getting a divorce even after everything her husband put her through. She said she took her vows very seriously but could not continue to damage herself especially after X’s continued infidelity and frequent run-ins with the law.
Most of DMX’s children are not known to the public. He has refuted being a parent to some of them but DNA tests proved otherwise as was the case in 2004 with Monique Wayne. For many years, X denied being the father of Wayne’s son until DNA tests proved the child to be his. The rapper’s youngest and fifteenth child, Exodus Simmons, was welcomed to the world in August 2016 from his relationship with his longtime girlfriend, Desiree Lindstrom.
The Numerous Legal Issues That Led To DMX Spending A Lot of Time Behind Bars
Since he was released from prison on January 25, 2019, DMX has remained a free man and is working on himself in order to not get involved/do anything that would see him go back to jail. Before that, the rapper had been in and out of jail for several reasons that include animal cruelty, resisting arrest, carjacking, reckless driving, driving without a license, drug possession, and identity falsification.
DMX’s first run-in with the law was as a sixteen-year-old in 1986 when he stole a dog from a junkyard. He was sentenced to two years in a juvenile facility for the crime. While X and his cellmate would later escape, his mother was able to force him to turn himself in and finish his sentence. In 1988, he spent a short time in prison for carjacking.
In the 1990s, DMX continued to have run-ins with law enforcement however none of them led to him facing jail time. In 2000, this changed as X was sentenced to 15 days in jail for possession of marijuana. He served another jail sentence in 2001 for marijuana possession and driving without a license.
Between June and December of 2004, X was locked up on charges of cocaine possession, criminal impersonation, criminal possession of a weapon, criminal mischief, menacing, attempted carjacking, and driving under the influence of drugs or alcohol, while claiming to be a federal agent. He was given a conditional discharge but in late 2005, he was sentenced to 70 days in jail for violating parole.
In 2009, DMX spent 90 days in jail after pleading guilty to charges of drug possession, theft, and animal cruelty. The following year, he had two stints behind bars; first for four months for violating drug probation and the second for ninety days for a reckless driving charge he received in 2002 in Los Angeles.
While X was arrested a few times in the next few years, he never got to spend a long time behind bars until 2015 when he was sentenced to 6 months in jail for failing to pay $400,000 in child support. In 2018, he was sentenced to one year in prison followed by three years of supervised release after he pleaded guilty to a single count of tax fraud. He was released in January 2019.
|Estimated Net Worth:||$-10 Million|
|Source of Wealth:||His music and acting careers|
|Also Known As:||Dark Man X, The Dog, X, D|
|Profession:||Rapper and actor|
|Famous For:||The huge commercial success of his 1999 album titled And Then There Was X.|
|Colleges/Universities Attended:||Yonkers High School, Yonkers.|
|Educational Qualifications:||Not available|
|Birthday & Zodiac |
|Age/Date of Birth:||December 18, 1970|
|Birth Place:||Mount Vernon, New York, United States|
|Country of Residence: ||USA|
|Height:||5 ft 11 in or 180 cm|
|Weight:||81 kg or 178.5 lbs|
|Eye Colour:||Dark Brown|
|Other Body Measurements:||Chest: 44", waist: 30", hips: 35", biceps: 22"|
|Family and Relatives|
|Children:||He has 15 children, including Xavier Simmons, Praise Mary Ella Simmons, Tocoma Simmons, Shawn Simmons, and Exodus Simmons|
|Siblings:||Two stepbrother and two stepsisters named Bonita Simmons and Shayla Simmons|
|Other Relatives:||Not available|