No one in the history of humanity has ever said, “I bet one day that dude from Marcy projects is gonna be worth a fortune.” And yet, here we are. Shortly after the release of his third album, 2014 Forest Hills Drive, J Cole net worth was estimated to be 28 million dollars. How did a kid from North Carolina with humble beginnings amass such wealth?
Let’s look at J. Cole’s unlikely journey to becoming one of the wealthiest rappers in the world.
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What Is J Cole Net Worth
Born in1985 as Jermaine Lamarr Cole, J. Cole grew up in Fayetteville, North Carolina. His mother was a teenager when she had him, and his father was absent for most of his childhood. When he was 8 years old, his mother married an abusive man who would often beat Cole and his brother.
In an interview with Power 105.1, Cole recalled how he wished his dad would come back” during those tough times. Fortunately, Cole’s mother eventually divorced her abusive husband and remarried when Cole was 12 years old. Though things were better for him now, money was still tight in his household.
His mother worked two jobs to make ends meet while his stepfather sold drugs in West Germany. Recognizing the dangers of his stepfather’s illegal activity, Cole said he was determined never to follow in those footsteps. Instead, he found solace in rap, song music, and basketball, two passions that eventually led to his massive success.
In high school, Cole began to rap under the name “Therapist,” but it wasn’t until he met an aspiring rapper named Ibrahim “IB” Hamad that he began to take his music career seriously. Hamad co-signed Cole’s talent, connected him with producers, and helped him secure high-profile shows, including one at New York’s legendary Apollo Theater.
Around this time, Cole changed his stage name to “J.Cole” and dropped out of John’s university to pursue music full-time, where he started earning billboard music awards. His debut mixtape came in 2009 when the American rapper Jay-Z record label Roc Nation signed him. His debut album ‘Cole World: The Friday night lights, was released in 2011 and immediately went platinum, further solidifying J.Cole as a force to be reckoned with in the rap game and as a record producer.
Over the past few years, J.Cole has continued to release hit after hit, cementing himself as one of the most famous rappers and record in the world. In addition to music, Cole has branched out into other business ventures like clothing and sports management. He even has his own charity foundation, The Dreamville Foundation, which provides resources for disadvantaged youth.
As of 2020, J Cole’s net worth is an estimated 75 million dollars, proof that anything is possible if you’re willing to work hard for it. So next time someone tells you that your dreams are impossible, remember: If J Cole can do it, so can you!
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What Are Some of the Investments That J Cole Has Made With His Money
Cole has invested in several businesses, including a sports management company, a clothing line, and a music festival. Here are a few details about some of his most successful investments:
Dreamville Records: In 2007, Cole and his childhood friend Ibrahim “Ib” Hamad started a record label called Dreamville Records. The label is home to several successful artists, including Bas, Ari Lennox, Cozz, and Omen. Dreamville has released four albums, all of which have been met with critical acclaim and won BET Hip hop awards.
Roc Nation Sports: In 2013, Cole partnered with Roc Nation to launch Roc Nation Sports, a sports management company. The company represents several professional athletes, including Basketball players Kevin Durant and Skylar Diggins. In addition to sports management, Roc Nation Sports has a talent scouting division.
The Dreamville Festival: In 2018, Cole launched the Dreamville Festival, a two-day music festival held in Raleigh, North Carolina. The festival featured performances from several big names in the music industry, including J Cole himself, SZA, Big Sean, Kendrick Lamar, and Miguel. The rap album successfully sold out all 40,000 tickets within minutes.
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What Are Some of J Cole’s Endorsements and Charity Work?
In addition to his business ventures, Cole has endorsement deals with several brands, including Puma and Sprite. He has also been involved in charity work, most notably through his foundation, The Dreamville Foundation. The foundation provides resources for disadvantaged youth, focusing on education and the arts.
How Does J Cole Spend His Money and What Are His Favorite Things to Buy?
J. Cole is a successful rapper and business owner, so it’s no surprise he lavishes his money. His favorite things to spend money on include luxurious cars, fancy clothes, and expensive jewelry. Cole is also a big fan of traveling and has been to several exotic locations worldwide.
In an interview with GQ magazine, Cole said that one of the best things about being rich is buying whatever you want without worrying about the cost. “It’s just nice to be able to do what you want,” he said. “I might not wear designer clothes all the time now, but I can buy them if I feel like it.”
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What Would J Cole Do With His Money if He Lost It All Tomorrow?
If J. Cole lost all of his money tomorrow, he would still be able to rely on his many business ventures and endorsements to support himself. However, he would undoubtedly have to make some lifestyle changes. For example, he would probably have to sell his expensive cars and jewelry, and he might have to take a break from traveling.
Despite this, Cole would still be in a good position because of his hard work and dedication. He has proved time and time again that he is a resilient individual who always manages to bounce back from setbacks. So even if he lost everything tomorrow, there’s no doubt he would find a way to rebuild his fortune.
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It is safe to say that J. Cole’s net worth will grow as he produces new music and tours the world. He is certainly one of the most successful artists of our generation, and it will be interesting to see how his career progresses in the years to come. Thanks for reading, and I hope you found this article informative!