Rapper Wiz Khalifa has earned quite a lot of money and fame in the music industry, so it comes as no surprise that Wiz Khalifa’s net worth is estimated to be $45.0 million in 2017. Now, he’s officially announced his plans to sell his own line of marijuana products.
Constantly advertising for his own strain of marijuana called Khalifa Kush, the famed rapper has partnered with Colorado-based “RiverRock Cannabis” to put his stamp of approval on a weed line all his own. As you can imagine, this is only going to increase Wiz Khalifa’s net worth, and with marijuana on the brink of being legalized, this is one business venture that might prove to be quite profitable. Let us take a detailed look at where exactly Wiz Khalifa’s net worth has come from.
Currently, Wiz Khalifa is in the midst of controversy. Wiz Khalifa performed at a festival in Medellin and during his visit to Colombia, the “See You Again” singer decided to visit late Colombian drug lord, Pablo Escobar’s grave. He paid tribute to the drug mafia with colorful flowers at the gravestone. Wiz also posted several photos of what looks like him smoking marijuana, standing a little away from the grave.
This act of visiting Pablo’s grave has enraged several people in Colombia, especially Medellin’s mayor, Federico Gutierrez. In an interview with local media, the mayor said, “That scoundrel, instead of bringing flowers to Pablo Escobar, he should have brought flowers to the victims of violence in this city.” Federico Gutierrez further added, “He must offer an apology to the city.”
Several upset people took to social media to criticize Wiz’s act, and many called him disrespectful. However, a lot of his fans came to his defense. Wiz’s visit to Pablo Escobar’s grave has undoubtedly fueled rage among many people. Does this mean there will be a change in Wiz Khalifa’s net worth or his fan following? To date, Wiz has earned more money and followers than most of us could only imagine having, so let us find out just how rich Wiz Khalifa is.
Wiz Khalifa’s Earnings Over the Years
Wiz Khalifa’s Net Worth Breakdown
Wiz earns a lot of money from the sales of his songs, concerts, endorsements, YouTube, and selling merchandise. Given below is the breakdown of Khalifa’s source of income.
|Wiz Khalifa Net Worth Breakdown|
|Earnings from Concerts||$32 million|
|Album sales||$2.6 million|
|Single Sales||$3.8 million|
|Money from Endorsement deals and contracts||$11.4 million|
|YouTube money||$15 million|
|Estimated annual salary||$8.5 million|
|Wiz Khalifa’s Net Worth (2017)||45.0 million|
Wiz Khalifa’s Parents Served in the Military
He was born Cameron Jibril Thomaz on September 8, 1987 in Minot, North Dakota. If you are wondering about Wiz Khalifa’s age, the talented rapper has earned a name for himself in the industry and he’s only 29. He is known by his stage name Wiz Khalifa. Wiz’s mother and father were in the military and, because of his parents’ deployment, Wiz has lived in different parts of the world, including Germany, the United Kingdom, and Japan. When Wiz was three years old, his parents got divorced. He has spent most of his time in Pittsburgh and he attended Taylor Allderdice High School. His stage name “Wiz Khalifa” comes up from the Arabic word Khalifa, which means successor and Wiz is derived from the word “wisdom.” Khalifa even has a tattoo of his stage name, which he got inked on his body on his 17th birthday.
Wiz’s Thriving Career is Due to Album Sales, Tours, and Concerts
Though Wiz is known in the industry for his extensive use of marijuana, last year it was revealed that the rapper is partnering with a Colorado-based company known as RiverRock Cannabis to produce his own line of regulated marijuana strains, products, and concentrates. He has already branded them as Khalifa Kush.
However, weed aside, we certainly can’t ignore the man’s talent as a rap artist. In 2006, Khalifa released his very first album, Show and Prove. In 2007, he signed a contract with Warner Bros. Records, and due to the success of his debut album, Wiz was named as an artist to watch out for. His 2007 debut single, “Say Yeah” was a major hit and ranked number 25 on the Billboard Rhythmic Top 40 list.
Throughout his career, Wiz delivered several hit albums and songs. He has released a total of six albums such as, Show and Prove, Deal or No Deal, Rolling Papers, O.N.I.F.C., Blacc Hollywood, and Khalifa. Wiz is now working on his seventh album, Rolling Papers 2: The Weed Album, which is set to be released later this year.
In 2016, Wiz collaborated with several other artists like Lil Wayne, Logic, Ty Dolla Sign, and X Ambassadors. He also hooked up with Imagine Dragons to collaborate on the song “Sucker for Pain” for the movie, Suicide Squad. The song received a positive response from the listeners. It ranked at number 15 on the U.S. Billboard Hot 100 and peaked at number three on the Hot R&B/Hip-Hop songs!
Besides singing, Wiz has also appeared in several movies such as Gangs of Roses 2: Next Generation and Mac & Devin Go to High School. He has also appeared in TV series like The Eric Andre Show, Ridiculousness, and American Dad!
Wiz earns a huge amount of money because of his concerts. He is renowned for going on tour almost every year. It has been estimated that he gets around 75% of his income from concert sales. Wiz’s American Beauty/American Tour helped him earn $1.05 million. His last album, Khalifa was released on February 5, 2016 and also had a hand in earning him a nice chunk of change. Recently, Wiz worked with Young Thug, 2 Chainz, and PnB Rock for the song “Gang Up” for the movie, Fate of the Furious.
Wiz Khalifa’s Son and Failed Marriage to Amber Rose
Wiz Khalifa has dated quite a lot of women in the past. But the only lady who he walked down the aisle with was fashion designer, model, and actress, Amber Rose. They dated for over a year before their engagement in March 2012. In 2013, one year after their courtship, the pair decided to get married. Amber gave birth to their son, Sebastian Taylor Thomaz on February 21, 2013. However, their married life was not all hunky-dory. In 2014, Amber filed for a divorce. Their divorce was not a normal one as they decided to celebrate the dissolution of their marriage at a strip club together! According to sources, they filed their settlement agreement with the court and as per the documents, Amber received $1.0 million.
That’s not it! Amber also receives a monthly $14, 800 as part of child support for their four-year-old son, Sebastian, who Amber and Wiz share legal and physical custody of. It was a pretty sweet deal for Wiz because he got to keep the Pennsylvania home and his 10 cars, which includes a ’69 Chevelle, a ’68 Camaro, a ’62 and a ’64 Impala, and a Porsche. Talk about an amicable divorce! Even after the divorce, Amber and Wiz have maintained cordial relations with each other for the sake of their child, and have been spotted partying together on a number of occasions. After her divorce, Amber was in a relationship with professional dancer, Val Chmerkovskiy. However, that relationship did not last long.
Right after her split with Val, rumors were swirling around that Amber was back with Wiz Khalifa, after they openly gave each other a quick peck on the red carpet at Clive Davis’ annual pre-Grammy party in Los Angeles.
However, these were just rumors. It has been speculated that Wiz Khalifa is in a relationship with 27-year-old Brazilian model, Izabela Guedes. They have been spotted together on numerous occasions. Neither have confirmed their relationship, but it looks like Wiz has moved on.
Wiz’s Clothing Line and Endorsements
It is no secret that Wiz smokes marijuana, and a lot of it. Be it an award function, interview, or music video, you almost never see Wiz Khalifa without a joint in his hand. Khalifa has never been secretive about smoking. In fact, a major part of his net worth is due to selling products associated with marijuana, like rolling papers, hoodies, and designer hats. From selling these products alone, his net worth has received a significant boost of $6.0 million. In 2013, Khalifa announced that he had signed a deal with Converse, which also earned him a good amount of money.
Wiz Khalifa’s House and Cars Collection
Wiz owns a lavish house in Canonsburg, Pennsylvania, which sits on a 2.8-acre, private wooded area. His huge house includes five bedrooms, four bathrooms, a guest house, plus a master suite. Additionally, the “Black and Yellow” rapper also has an excellent car collection, which includes a Porsche 991!