Ray J net worth is estimated at $7.5 million. He made his money as an American singer, actor, and television personality.
Ray J who was recently trending on the show Hip Hop Squares hosted by DeRay Davis and produced by Ice Cube, is an American artist most people wish to be. He is also known as William Ray Norwood Jr. and was born on January 17, 1981, in McComb, Mississippi to William Ray Norwood Sr. and Sonja Bates-Norwood.
Ray J’s family, J has a sister named Brandy who is also a globally acclaimed singer, songwriter, and actress. Being the younger brother of Brandy, and the first cousin of rapper Snoop Dogg, it’s very easy to understand why a man like Ray J has been in the limelight from the very beginning.
After shooting to fame with his debut R&B album titled Everything You Want, the actor, singer, songwriter, television personality, entrepreneur, and rapper has continued to grow in fame and wealth in his chosen profession.
Ray J has appeared on the nineteenth season of Celebrity Big Brother and has also invested in the legal weed business booming in the United States of America. From all these, he has amassed an impressive sum. Curious about Ray J’s net worth and how much he makes in his career? Keep on reading but first, let’s take a look at his background.
How Ray J’s Net Worth Accrued
At a very young age, Ray J and his sister got vocal lessons from their father. Being the youngest, Ray was always looking up to his sister and father’s singing prowess and he soon began to sing in his church. Ray J started his career in a few TV commercials as a child actor. He achieved a massive break at the young age of 12 upon being cast as a regular in The Sinbad Show (1993).
Despite being his first actual film role on the small screen, he received a lot of praise for his skills as a young actor. Consequently, he stayed on the series till its completion in 1994, and after that, he starred in The Enemy Within, a 1994 TV movie.
Ray J signed with Elektra Records soon after his film appearance and still hoped to finally break into music. In 1997, when he launched his debut studio album, ‘Everything You Want’, he was only 14 years old. It reached number 56 on the Billboard Top R&B and Hip-Hop Albums Chart and has sold more than 100,000 copies in the United States since then.
Ray has also worked with his sister, Brandy on his single, ‘Another Day in Paradise’ which was a hit and ranked in several Top Ten lists in music charts including those of Belgium, Germany, New Zealand, the UK, and Switzerland. Since then, he has come out with a handful of other titles.
Ray J’s Net Worth: How Much Does The Love & Hip Hop Star Make?
A large amount of Ray J’s revenue comes from his notorious sex tape with Kim Kardashian that was filmed and leaked in 2007. According to Steve Hirsch, CEO of Vivid Entertainment, Ray J earns $90,000 every 3 months in royalties for his “leaked sex tape” with Kim Kardashian. That sums to $360,000 per year which is actually impressive considering the sextape is now well over a decade old.
Aside from the sex tape, a portion of Ray J’s net worth comes from proceeds from businesses he invested in. He is the founder of two companies centered on technology distribution. One of them, Raycon, deals on environmentally friendly scooters and bikes in addition to wireless headphones, speakers, and microphones.
In June 2019, Ray announced that he had started his own line of marijuana sales called William Ray LA and had spent $5 million of his own money building the business according to inside sources. Later in August, Ray J announced that he had signed on to be the chief strategic media officer for marijuanastock.org. The job role, according to company personnel, will fetch and add $1 million per year to Ray J’ net worth!
He had his own shows, For the Love of Ray J and Brandy and Ray J: A Family Business and is currently a regular on Love & Hip-Hop: Hollywood and Miami. He also hosted Bad Girls All-Star Battle and appeared on The Rickey Smiley Show. Ray J has appeared in numerous movies, TV shows and albums which has contributed to his net worth today.
His estimated earnings between 1997 and 2008 from his four studio albums total about $1,280,000, with annual earnings ranging between $107,000 and $456,000. In 2008, Ray J released his most successful album All I Feel; which was his very first multimillion-dollar deal with Kock Records as well as with Shaquille O’Neal’s Deja 34 company.
Ray J is currently pursuing a business degree at Philander Smith College in Arkansas as of January 2019 in order to expand his business skills. J has appeared in numerous movies, TV shows and albums which has contributed to his net worth today. Ray J’s net worth is estimated to be about $7.5 million. It’s reported that his annual salary is about $1 million.
Sources of Ray J’s Net Worth
- His notorious sex tape with Kim Kardashian
- His Music career
- Acting
- Reality shows
- His tech companies
- His line of marijuana