If you are new to the world of rapid music and songwriting, chances are that you might not be fully aware of Jermaine Dupri. He is a popular songwriter, rapper, and record producer, who is gaining rapid popularity across the globe.
His popularity and rise to fame aren’t new. He was one of the most popular music producers back in the 1990s, who worked with leading singers and music personalities, including Jay-Z, Mariah Carey, Da Brat, etc.
For those who are curious about knowing the net worth of Jermaine Dupri, this article will walk you through all the potential details you need to know of.
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Early Life of Jermaine Dupri
Jermaine Dupri was born on September 23, 1972, in North Carolina. Given the fact that Dupri’s father, Michael Dupri was an executive at Columbia Records, it isn’t surprising that Jermaine began his music career quite early on.
In 1982, Jermaine performed with Diana Ross in a concert that was organized by his father. However, later when he turned 12, he started dancing with the popular hip-hop group Whodini. He has worked on two music videos with them.
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Career Details
As we discussed, Jermaine kickstarted his career in the field of music and entertainment at an early stage in life.
However, it wasn’t until 1990 when he was 18 that Jermaine went on to produce a record for a female rap group named Silk Tymes Leather. Although the album didn’t perform well, it laid the foundation for him to enter into this career field.
Later, Jermaine came across a group of teen rappers at the mall, who he later called “Kriss Kross” and produced their debut album for them, titled “Totally Krossed Out”.
Following the initial success, Dupri later went on to start his record label in 1993, where the first artist he signed was a female rapper named Xscape. Later, he went on to sign with Da Brat and released his debut album under his record label titled “Funkafied”.
With the popularity that Dupri gained over time, he went on to work with known names in the industry, including Jay-Z, Boys II Men, Lil Bow Bow, etc.
The successfully signed artists under the record label brought back around 20 gold and platinum records, making this one of the most popular record labels for rappers.
During the 2000s, Dupri went on to work with even bigger names, including Usher and Mariah Carey. With the kind of success he acquired, Dupri later went on to publish his memoir in 2007, titled “Young, Rich, and Dangerous: The Making of a Music Mogul.”
Not just other artists, Dupri has also been acknowledged for the good he has contributed to the music industry. He was inducted into the Nashville Songwriters Hall of Fame in 2018.
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Personal Life of Jermaine Dupri
There’s a lot to unfold in the professional life of Jermaine Dupri but what about his personal life? Unfortunately, there’s not much to unfold except the fact that he dated Janet Jackson between 2002 to 2009.
Dupri is also a father to a daughter, Shaniah Mauldin, with Pam Sweat, who he dated when he was 25. He has another daughter named Jalynn with Sarai Jones.
Further reports suggest that Dupri is vegan and he has also appeared in an advertisement for PETA, encouraging people to give up meat and switch to other alternatives.
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What is the Net Worth of Jermaine Dupri?
At present, Jermaine Dupri has an estimated net worth of $2.5 million, which might come off as a shock to some people.
Dupri had an estimated net worth of $60 million in 2006, and he earned an extra $11 million in 2008. However, despite these massive earnings and influx of money, Dupri was faced with a lot of personal financial struggles, which pulled down his net worth drastically.
The main financial constraint was with tax faults, where he was penalized to pay around $493,818.75 in taxes on around $2.5 million but the said amount kept compounding because Dupri failed to file the taxes and settle the claims.
Besides that, Dupri was also sued by SunTrust Bank for defaulting on a $5 million loan. Since he put up his recording label as collateral, he had to sell his record label to the bank. There have been a lot of controversies associated with the loan default, followed by a lot of legalities that further aggravated Dupri’s net worth.
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FAQs
1. What was Jermaine Dupri’s highest net worth?
For those who aren’t aware, Jermaine Dupri is a famous singer, songwriter, record producer, and record executive with an estimated net worth of around $3 million. If you have been wondering how much they are worth, we hope this gives you a rough estimate.
2. Who owns So So Def Records?
The record label So So Def is owned by the famous record producer, Jermaine Dupri. This American record label is extremely popular and based out of Atlanta, Georgia. The earnings and growth from the record label further contribute to Dupri’s net worth.
3. Does Jermaine Dupri own several properties?
Besides the steady income from different recording gigs, Dupri’s immense success and net worth are also translated well through his real estate investments. He has a house in both Atlanta and North Carolina, where he spends a pretty good amount of time.
4. Does Jermaine Dupri own a lot of cars?
Jermaine Dupri is the proud owner of a handful of cars, including his classic vintage cars, including Chevrolet, Ford, and Toyota. He also has a Range Rover in his car collection. Besides that, there aren’t any new purchases recorded in the recent past yet.
Conclusion
Jermaine Dupri might not be a fan favorite right now but he is behind the success of several leading rappers and artists that we know of at present. If you were curious to know more about the net worth of Jermaine Dupri, we hope this article gives you all the insights you potentially need. Just ensure that the numbers we share are mere estimations and not based on accurate information.