Chamillionaire Net Worth – Chamillionaire is a US musician, rapper, and entrepreneur with a net value of 50 million dollars. He acquired a lot of his net worth in his numerous investing companies and his position as CEO of the entertainment firm Chamillitary Entertainment and his successful singing career.
|NET WORTH:||$50 MILLION|
|Date of Birth:||November 28, 1979|
|Country:||United States of America|
Hakeem Seriki was born in Washington, DC, on 28 November 1979 and is better recognized by its stage name Chamillionaire. He studied high school in Jersey Village, where he took an interest in rap music. He has Rasaq Seriki, a younger brother who is also a rapper.
The career of the music: The stage name ‘Chamillionaire’ is an image of the words ‘chameleon’ and ‘millionaire.’ Seriki and his fellow rapper and buddy Paul Wall promoted a mixture of famous DJs in the Houston region, Michael “5000.” They offered to assist Watt’s Swishahouse business and persuaded him to allow them to freestyle on the KBXX-FM hip-hop station on its radio program. Watt’s included his freestyle in one of his mixtapes and quickly became a mixtape and rap scene regulars in Houston.
In 2004, Chamillitary Entertainment established its record label. Business and Investments: He is a writer, Lil Ken, and Troy Henry. He is a signatory. Yung Ro, 50/50 Twin, and Seriki’s younger brother Rasaq have been former musicians. The label has more than 20 releases between mixtapes and albums. Formerly distributed by Universal Records, Chamillitary Entertainment has been independent since Seriki shared with the leading brand in January 2011.
In 2003, Seriki invested in Fly Rydes, a car dealer headquartered in Houston. The business specializes in vehicle customization, and this is a trendy item he observed in Texas. Seriki has also established the Masterpiece Mind Frame business. In the Stanford Entrepreneurial Thought Leaders Seminar Serie in 2009, Seriki started the Global Innovation Tower and Quincy Jones III. In 2009 he also invested in Maker Studios, a network of internet video talent that Disney ultimately bought 500 million dollars.
Seriki’s first Maker Studios investment is $1.5 million, and its selling payoff is estimated to exceed $20 million. He also initiated a relationship with Mark Suster, the creator of Maker Studios, a managing partner in the Upfront Ventures risk capital company, which enabled him to become a residential entrepreneur for the firm in 2015. Since then, he has moved aside from music, focusing more on his business career.
Other Seriki businesses include an investment in Cruise Automation in 2013, a successful investment since the firm was sold to General Motors for approximately 1 billion dollars in 2016. In May 2019, he and rapper E-40 stated that they would invest 25,000 dollars in a company established and run by a colorful lady or individual.
In September, they invested in Atoms, a footwear business that provides fourth-size shoes. Seriki and Wall founded the Color Changin’ Click group. The album “Get Ya Mind Correct” (2002), sold in over 150,000 copies, was also produced. The Source Magazine nominated the Color Changin’ Click for the indie album of the year 2002, and they started to create a reputation for each other.