Net Worth Ranker
What Is Wiz Khalifa’s Net Worth
Wiz Khalifa, the multifaceted American rapper, singer, songwriter, and actor, has cultivated a substantial net worth estimated at $70 million. This financial achievement is a testament to his enduring presence and success within the music industry and beyond.
Wiz Khalifa’s Career and Earnings
Wiz Khalifa, born Cameron Jibril Thomaz on September 8, 1987, began his musical journey in Pittsburgh, Pennsylvania. He started recording his music at the age of 15, and by 16, he was discovered by Benjy Grinberg, the President of Rostrum Records, in 2004. This pivotal moment led to a recording and management deal that set the stage for his rise to fame.
Khalifa’s initial forays into the music scene included the release of his first mixtape, “Prince of the City: Welcome to Pistolvania,” in 2005. The following year, he launched his debut album, “Show and Prove,” solidifying his presence as an artist to watch, according to Rolling Stone. Throughout 2007, he released two additional mixtapes, “Grow Season” and “Prince of the City 2,” both under Rostrum Records. Simultaneously, he inked a deal with Warner Bros. Records and released the single “Say Yeah.” His mixtape “Star Power” was released in September 2008, followed by “Flight School” in April 2009, both distributed through Rostrum Records.
In the summer of 2009, Khalifa parted ways with Warner Bros. Records due to delays in releasing his planned debut album, “First Flight.” However, this setback paved the way for his breakthrough hit, “Black and Yellow,” which soared to the top of the Billboard Hot 100 chart. This success marked a significant milestone in his career, propelling him into the mainstream spotlight.
Wiz Khalifa has released seven studio albums throughout his career, showcasing his versatility and evolution as an artist. These albums include “Show and Prove” (2006), “Deal or No Deal” (2009), “Rolling Papers” (2011), “Mac & Devin Go To High School” (with Snoop Dogg, 2011), “O.N.I.F.C.” (2012), “Blacc Hollywood” (2014), and “Rolling Papers 2” (2018). His discography also includes a number of successful singles, such as “See You Again” (featuring Charlie Puth), which achieved number one status in multiple countries, “Roll Up,” “Young, Wild & Free” (with Snoop Dogg featuring Bruno Mars), “Work Hard, Play Hard,” “We Own It (Fast & Furious)” (with 2 Chainz), and “Sucker for Pain” (with Lil Wayne, Imagine Dragons, Logic, and Ty Dolla Sign featuring X Ambassadors). He was also featured on the remix of Fall Out Boy’s “Uma Thurman” in early 2015. In May 2016, he released “Pull Up” as a promotional single for his album “Rolling Papers 2,” which was released on July 13, 2018. His seventh studio album, “Multiverse,” was released in 2022.
Here’s a breakdown of Wiz Khalifa’s earnings by year:
- 2011: $11 million
- 2012: $9 million
- 2013: $14 million
- 2014: $13 million
- 2015: $22 million
- 2016: $24 million
- 2017: $28 million
- 2018: $10 million
- 2019: $18 million
- 2020: $1 million
- 2021: $4 million
- 2022: $4 million
- 2023: $5 million
This totals at least $165 million over those years. The rise and dips in his net worth is attributed to album sales, touring, and other business ventures which contribute to his financial success.
Wiz Khalifa’s Real Estate Portfolio
Before acquiring his first significant property in Los Angeles, Wiz Khalifa resided in a rental home in an LA suburb, costing him $16,000 per month. In 2019, Wiz Khalifa and his son Sebastian moved into a contemporary-style house in Encino, a suburb of Los Angeles, for $3.5 million. The house spans 6,000 square feet and boasts five bedrooms, six and a half bathrooms, an enormous kitchen with state-of-the-art appliances and fixtures, a built-in wine bar, multiple fireplaces, a home theater, a smart security system, and an abundance of closet space. The backyard features a barbecue area and outdoor kitchen, a swimming pool and spa, and a pool house with its own bathroom. In 2022, he listed this property for $4.5 million.
In May 2022, Wiz Khalifa expanded his real estate holdings with the purchase of a newly-constructed home in Encino for $7.6 million. This residence is a little over 8,000 square feet with six bedrooms and seven bathrooms.
Wiz Khalifa’s Personal Life and Ventures
Wiz Khalifa’s personal life has also been a subject of public interest. He was married to model Amber Rose from 2013 to 2014, and they have a son, Sebastian Taylor Thomaz, born in February 2013, for whom they share joint custody. He then dated Winnie Harlow and Aimee Aguilar.
The Pittsburgh City Council declared December 12, 2012 (12-12-12) as Wiz Khalifa Day in the city, recognizing his contributions to the music industry and his connection to his hometown.
Wiz Khalifa is a vocal advocate for marijuana use. He has stated that he used to spend $10,000 a month on cannabis and smoked daily. Since early 2014, Khalifa no longer pays for cannabis; he is sponsored by The Cookie Company, a medical marijuana dispenser that sells his “Khalifa Kush” (KK) strain, which he partnered with RiverRock Cannabis to create. In 2016, Khalifa appeared on VH1’s “Martha and Snoop’s Potluck Dinner Club” cooking show with Martha Stewart and Snoop Dogg, where cannabis was a central ingredient.
In May 2017, Wiz Khalifa began training in Brazilian jiu-jitsu, followed by Muay Thai shortly after. In April 2023, he participated in his first BJJ match against an undisclosed opponent under the High Rollerz ruleset.
