Nelly is an American actor, rapper, and entrepreneur. Nelly’s Net Worth in 2024 is $70 million. He rose to fame with the album “Country Grammar” in 2000. More than 10 million copies of “Country Grammar” were sold, and it has become his best-selling album worldwide.
Nelly owned a 2679-square-foot ranch-style home with five bedrooms and four and a half bathrooms that were later featured on MTV Cribs in 2002. Nelly’s home was near the Hidden Valley Country Club in Eureka, Missouri, and was built in 1972. Later, in June 2010, he sold his home for $740,58.
He has a business in the drinks and clothing line that eventually add to Nelly’s net worth in 2024. Nelly also owns Vokal and Apple Bottoms, which are male and female clothing lines, respectively. He also once owned the Charlotte Bobcats with his co-owner, Michael Jordan.
Nelly also countersigns various brands like Ford Motor Company, Reebok, and Nike, which skyrocketed Nelly’s salary or net worth in 2024. He is a rapper and actor and the owner of two business clothing companies.
How much is Nelly’s net worth?
Nelly is the world’s best American rapper and has a net worth of $70 million. As per various online sources like IMDB, Forbes, and Wikipedia, Nelly’s net worth is $70 million. Most of the money earned by Nelly has been generated from his songwriting and rapping. As he has raised a lot of money, he is now known to spend a lot of money. This is the reason Nelly’s net worth is not as high as that of his peers. He earns $1 million from his drink and clothing companies as a profit share. He also came into the news following his conflicts with the law over the past ten years.
Following is a glimpse of Nelly’s net worth; you can read for detailed information:
Net worth – $70 million
Profession – American Rapper
Monthly salary and income- $ 3,00,000+
Yearly salary and income – $3 million+
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Nelly’s Net Worth Growth in the Past Seven Years
Following are the details of Nelly’s net worth growth in the past seven years-
2024 – 70 million USD
2022 – 45 million USD
2021 – 42 million USD
2020 – 40 million USD
2019- 37 million USD
2018- 35 million USD
2017- 32 million USD
Nelly was born on November 2, 1974, in Austin, Texas. The real name of Nelly is Cornell Haynes. Nelly’s childhood was a completely tragic event, as his parents got divorced when he was 7 years old. Later, he moved to St. Louis, Missouri. He attended University City High School and founded a rap group, St. Lunatics, with his half-brother and friends.
They generated a huge fan base locally and became fairly successful. Their single Gimme What Ya Got was a super hit in the city. Although the record labels weren’t interested in their rap, they could never gain national recognition. As Nelly had great potential, his group permitted him to go solo, and he wouldn’t let them down.
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At the age of 18, Nelly signed a deal with Universal Music. He made super-hit music for the company, but the management of Universal Music was not happy about the lyrics or his rapping style. After arguments and fights with many renowned labels, Cornell Haynes or Nelly launched its label known as Country Grammar in 2000.
At that time, the East and West Coasts dominated the music industry, and thus, Nelly was considered an outsider.
However, nothing could stop him. He worked hard and let his music speak for itself. He released his debut album “Hot Shit” under his label, Country Grammar, which produced the hit single “Ride Wit Me,” which secured 3rd rank on the US Billboard. The song was a blockbuster that put Nelly on the map as one of the best rappers in the industry.
Later, Nelly’s lead single, “Hot N Here,” was released and secured the top position on the US Billboard. Nelly also received the Grammy Award for the song’s Best Male Rap Solo category. Undoubtedly, it’s his most successful album to date.
Since then, Nelly has become a genius at making superhit rap and music. His rhymes were very simple and perfect, making him release five more studio albums. Fortunately, all five albums had commercial success, which added to his net worth in the past few years.
Hence, the above was an overview of the net worth of Nelly and other things associated with his career and income.