Net Worth Ranker
What Is Draya Michele’s Net Worth?
Draya Michele, a multifaceted personality in the entertainment and fashion industries, has accumulated a net worth of $600,000. Her income is derived from various sources, including reality television appearances, acting roles, fashion design ventures, and endorsements. Each of these activities contributes differently to her overall financial standing.
Draya Michele’s Career Highlights and Earnings
Draya Michele’s initial rise to prominence came with her role as a cast member on VH1’s “Basketball Wives LA.” She appeared on the show from 2011 to 2015, which provided her with a significant platform and increased her visibility. While the exact salary details from her time on “Basketball Wives LA” are not publicly disclosed, reality TV personalities often earn between $5,000 to $20,000 per episode for new cast members. For established cast members, this figure can significantly increase, potentially reaching up to $100,000 or more per episode.
Beyond reality television, Draya has ventured into acting, securing roles in both film and television projects. Her acting credits include appearances in “The Perfect Match” (2016), “Til Death Do Us Part” (2017), and “The Sound of Christmas” (2022). Additionally, she has appeared in television series such as “Real Husbands of Hollywood” (2013), “Star” (2018), “L.A.’s Finest” (2020), and “Be Someone” (2023). Pay rates for these roles would vary based on factors like the size of the role, the budget of the production, and Draya’s experience and negotiating power at the time. For smaller roles, she might have earned a few thousand dollars, while more prominent roles in larger productions could have brought in tens of thousands.
In 2021, Draya starred in and executive produced the Zeus Network series “Doses of Draya.” As an executive producer, she would have received additional compensation beyond her acting salary. Executive producers typically receive a percentage of the show’s profits or a fixed fee, depending on the agreement. This role likely provided a more substantial income compared to her previous acting jobs.
Draya’s modeling career has also contributed to her earnings. She has appeared in magazines like “King,” “Lowrider Girl,” “Black Men,” and “Urban Ink,” and has modeled for various accessory companies. Modeling fees can vary widely depending on the type of shoot, the publication or brand, and the model’s experience and reputation. For magazine appearances, Draya may have earned anywhere from a few hundred to several thousand dollars per shoot. Modeling for accessory companies could involve similar pay scales, or possibly longer-term contracts with set fees.
Music video appearances have added to Draya’s income as well. She was featured in “Waka Flocka Flame feat. Drake: Round of Applause” (2012) and “Quavo: Bubble Gum” (2018). Music video appearance fees can range from a few hundred to a few thousand dollars, depending on the artist and the video’s budget.
Draya Michele’s Entrepreneurial Ventures
A significant portion of Draya Michele’s net worth is attributable to her entrepreneurial ventures in the fashion industry. She has launched several clothing lines, including Mint Swimwear, Fine Ass Girls, and Beige & Coco. The success of these brands depends on factors such as sales volume, pricing strategy, production costs, and marketing efforts.
Mint Swimwear, established in 2011, specializes in swimwear and resort wear. The brand’s website features a variety of swimwear pieces, with prices typically ranging from $50 to $200 per item. If Mint Swimwear sells approximately 10,000 units per year at an average price of $100, the annual revenue would be $1 million. Factoring in production costs, marketing expenses, and overhead, the profit margin could range from 10% to 30%, resulting in an annual profit of $100,000 to $300,000.
Fine Ass Girls (FAG) is a clothing line that offers a range of apparel, including tops, bottoms, and dresses. The pricing for FAG items generally falls between $30 and $150. If FAG sells approximately 5,000 units per year at an average price of $80, the annual revenue would be $400,000. Similar to Mint Swimwear, a profit margin of 10% to 30% would yield an annual profit of $40,000 to $120,000.
Beige & Coco is another clothing line by Draya, offering a different aesthetic compared to her other brands. The pricing and sales volume for Beige & Coco would also contribute to her overall revenue, although specific figures are not publicly available. Assuming a similar business model and sales performance as her other brands, Beige & Coco could generate an additional $30,000 to $100,000 in annual profit.
Overall, Draya’s fashion ventures could potentially generate a combined annual profit of $170,000 to $520,000, contributing significantly to her net worth. These figures are estimates based on industry averages and assumptions about sales volume and profit margins.
Draya Michele’s Relationships and Personal Life
Draya Michele’s personal life has been a subject of public interest, with her relationships often making headlines. She was previously in a relationship with former Los Angeles Lakers point guard, Javaris Crittenton. From 2015 to 2019, she was in a relationship with NFL player Orlando Scandrick, with whom she became engaged. These relationships have not been directly linked to her net worth, but they have contributed to her public profile, which can indirectly influence her earning potential.
Draya has two sons, Kniko and Jru. While raising her children involves personal expenses, it does not directly impact her net worth calculation. However, her ability to balance motherhood with her career and entrepreneurial endeavors reflects her overall financial management and earning capabilities.
In 2014, Draya was involved in a public feud with fellow “Basketball Wives” castmate Sundy Carter, which resulted in a physical altercation. Such incidents can affect a celebrity’s reputation and potentially impact endorsement deals or future opportunities. However, it does not have a direct, quantifiable impact on net worth.
