Net Worth Ranker
What Is Damon Wimbley’s Net Worth?
Damon Wimbley, also known as “Kool Rock-Ski,” is an American rapper and actor whose net worth is estimated to be $400,000. This figure represents the culmination of his career in the entertainment industry, primarily through his involvement with the hip-hop group The Fat Boys.
The Fat Boys: A Foundation for Wimbley’s Net Worth
The Fat Boys, formed in 1982, were a significant contributor to Wimbley’s earnings. Their self-titled debut album, released in 1984, achieved Gold certification. While specific sales figures from this period are challenging to obtain due to the evolution of music sales tracking, earning a Gold certification from the Recording Industry Association of America (RIAA) at that time signified sales of at least 500,000 copies. This initial success established a foundation for Wimbley’s early income.
The group’s subsequent albums, including “The Fat Boys Are Back” (1985) and “Big & Beautiful” (1986), further bolstered their financial standing. “Crushin'” (1987) was particularly successful, reaching number 4 on the US R&B/Hip-Hop chart and number 8 on the Billboard 200. While precise royalty splits among the group members are not publicly available, these chart positions indicate significant record sales and associated royalties distributed amongst Damon and the other members of the group. These royalties would have been based on the number of albums sold, streamed, and licensed for other uses.
The Fat Boys released “Coming Back Hard Again” (1988), “On and On” (1989), and “Mack Daddy” (1991). After 1991 the group disbanded and then reunited in 2008. The reunion may have provided some income through performances and potential re-licensing of their music. While this is the case, it is very likely that the initial years of success of the group contributed a considerable amount to Damon Wimbley’s net worth. While precise figures aren’t publicly available, these would add significantly to Wimbley’s overall net worth.
Acting Roles and Supplemental Income
Beyond his musical career, Damon Wimbley also pursued acting, appearing in films such as “Knights of the City,” “Disorderlies,” and “My Crackhead Uncle.” While these roles likely provided additional income, it’s important to note that the scale of these productions suggests that the financial compensation was unlikely to be on par with the earnings from The Fat Boys’ peak popularity. A supporting role in such films might have generated earnings ranging from a few thousand to tens of thousands of dollars, depending on the size and scope of the project.
For instance, a role in “Disorderlies” may have led to an income of approximately $10,000 to $25,000, given the film’s moderate budget and Wimbley’s supporting role. Similarly, his appearances in “Knights of the City” and “My Crackhead Uncle,” films with smaller budgets, probably generated a similar level of income. These amounts, while significant, likely represent a smaller portion of his total net worth when compared to his earnings from The Fat Boys’ music sales and performances.
Estimating Damon Wimbley’s $400,000 Net Worth
The estimated $400,000 net worth of Damon Wimbley is a reasonable reflection of his career trajectory. During The Fat Boys’ prime years, Wimbley likely accumulated substantial earnings from record sales, touring, and endorsements. However, the music industry landscape has drastically changed since the 1980s and 1990s. As a result, the consistent royalty revenue from the past may have decreased over time.
Given the information above, it is important to emphasize that the $400,000 net worth is an estimation. Factors such as personal spending habits, investments, and potential debts are not publicly available, making it impossible to determine an exact figure. However, based on his career accomplishments and the available information, $400,000 is a plausible estimation of Damon Wimbley’s net worth.
