Wale Net Worth: Wale is an American rapper of Nigerian descent. He first rose to prominence in his hometown of Washington DC in 2006 with the song “Dig Dug (Shake It).” His fresh poetic lyrics quickly garnered him a fan following as well as frequent radio airplay. Thankfully, he was rapidly plunged into the mainstream. The Lotus Flower Bomb hitmaker has an estimated net worth of $8 million. Read on to discover more.
Wale Net Worth: Life Before The Fame
Wale was born Olubowale Victor Akintimehin (aka Ralph Victor Folarin) on September 21, 1984, in Northwest, Washington, D.C. as the only son to Nigerian parents who immigrated to the USA from Austria in 1979. His father managed to keep the family comfortable working as a Taxi Driver. For ten years, they lived in a one-bedroom apartment in Northwest, Washington D.C before moving to a bigger place in Montgomery County.
Wale’s early exposure to meagre living motivated him to feed his ambitions. He played football in high school and aspired to become a professional football player. With a football scholarship, Wale proceeded to college where he continued playing football. However, due to reasons related to his academics, Wale dropped out of college and turned his focus towards music.
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Wale Net Worth: Road To Music Breakthrough
Wale officially started his music career in 2006, recording mixtapes. His first ever recorded song “Rhyme of the Century”, received airplay on the local radio. His popularity among the D.C locales surged after he signed with a local label and released the song “Dig Dug (Shake It)” which became his first hit.
Wale’s popularity enjoyed an exponential growth and while still in his debut year, he caught the attention of writers at the Washington Post. He began touring with English singer Mark Ronson in 2007 and signed a $1.3 million joint deal with his label Allido Records and Interscope, shunning record bigwigs like Def Jam, Atlantic and Epic who at the time were scrambling to get his ink on their paper.
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Wale Net Worth: The Big Bang
Wale generated much buzz with the release of a couple more mixtapes before releasing his sophomore effort “Ambition” under Rick Ross‘ Maybach Music Group and Warner Bros following a new $4 million record deal. Thanks to innovative social media promotion, Ambition launched Wale to unprecedented heights. The album peaked at #2 on the Billboard 200 and sold over 164,000 copies in its first week.
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Ambition produced the hit single “Lotus Flower Bomb” which was nominated at the 2013 Grammy Awards for Best Rap song. Wale supported the album with “The Ambition Tour” which grossed over $20,000 per night. The enormous success of the tour, as well as other concerts, saw Wale make his debut on Forbes‘ Cash Prince list with $5 million earned from playing 75 concerts within 12 months.
Wale Net Worth: Continued Success
While working on his solo albums, Wale was also part of the collaborative album series “Self Made” by MMG artists. His third studio album The Gifted released in 2013 became his first Billboard #1 album, selling about 160,000 copies in its first week.
For his fourth studio album, Wale collaborated with ace comedian Jerry Seinfeld. The album titled “The Album About Nothing” was inspired by Seinfeld’s longstanding show and was a continuation of a series of mixtapes they had begun together. Like his third outing, it debuted atop the Billboard 200 charts but first week sales dipped to a mere 88,000 copies.
Wale continues to make new music and often surfaces on the news for the political contents of his lyrics.
Wale Net Worth: Businesses
Like other successful rappers, Wale has dabbled into other money-making ventures. In a 2012 interview with Forbes, Wale hinted that he has invested some of his earnings in a line of hats as well as branded drinking water. The later is known to be vitamin water known as Smart Water. Vitamin water investment has proved to be extremely lucrative for fellow rapper 50 Cent.
Wale has teamed up with Philadelphia retailer Ruvilla, and ASICS for a product called “Bottle Rocket.”
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