Net Worth Ranker
What Is DeVante Swing’s Net Worth?
DeVante Swing, an American singer, songwriter, rapper, and record producer, has amassed a net worth of $1 million. This valuation reflects his multifaceted career in the music industry, which spans several decades and encompasses various roles, from performing to producing.
DeVante Swing’s Musical Career: Jodeci and Beyond
DeVante Swing’s career trajectory took off with the formation of Jodeci in 1990. The R&B group, composed of DeVante and his brother Mr. Dalvin Degrate, along with brothers “K-Ci” and “JoJo,” quickly rose to prominence. The name “Jodeci” was derived from the names of the four members. Their debut album, “Forever My Lady,” released in 1991 under Uptown/MCA Records, achieved significant commercial success, earning a 3x Platinum certification. This album topped the U.S. R&B charts, marking an early high point in their career. “Diary of a Mad Band”, Jodeci’s second album, released in 1993, was certified 2x Platinum, reached #1 on the US R&B charts as well as #3 on the Billboard 200 chart. Their third album “The Show, the After Party, the Hotel” released in 1995, went Platinum, peaking at #1 on the US R&B, #2 on the Billboard 200, and #4 on the UK charts. Jodeci’s popular hits include “Forever My Lady”, “Stay”, “Come and Talk to Me”, and “Cry for You”. The group went on hiatus in 1998, they were inducted into the North Carolina Music Hall of Fame in 2012.
Beyond his work with Jodeci, DeVante Swing founded his own record label, Swing Mob. This venture allowed him to collaborate with and develop talent such as Missy Elliott, Timbaland, and Ginuwine. His production credits extend to a diverse range of artists, including 2Pac, Al Green, Ray J, Montell Jordan, Mariah Carey, and Michael Jackson. The financial specifics of these collaborations and productions—such as royalties, advances, and fees—are not publicly available.
Components of DeVante Swing’s $1 Million Net Worth
While a precise breakdown of DeVante Swing’s net worth is not publicly accessible, we can infer potential income streams based on his career. His $1 million net worth is likely the result of several factors. Jodeci’s album sales, particularly “Forever My Lady” (3x Platinum), “Diary of a Mad Band” (2x Platinum), and “The Show, the After Party, the Hotel” (Platinum), generated substantial revenue for the group members, including DeVante. Though specific royalty splits and earnings per member are not public knowledge, it’s reasonable to assume that album sales and subsequent royalties contribute significantly to his income.
Songwriting and production credits for other artists are another crucial component. As a producer and songwriter for artists like 2Pac, Al Green, and Mariah Carey, DeVante Swing would have earned royalties from song sales, streaming, and licensing. The exact figures for these royalties are confidential but would be a recurring income stream. The success of artists from his record label Swing Mob, such as Missy Elliott, Timbaland, and Ginuwine, likely provided revenue through label profits and production fees. Specific details about Swing Mob’s financial performance and DeVante Swing’s earnings from it are not publicly disclosed. Live performances, both with Jodeci and as a solo artist/producer, would have also generated income. Performance fees for concerts, tours, and appearances can vary widely depending on the venue, audience size, and the artist’s popularity. Due to the lack of available data, it’s difficult to provide specific earnings from live performances.
Additional Ventures and Financial Considerations
Outside of his music career, details about DeVante Swing’s additional ventures or investments are scarce in the public domain. It is unknown whether he has significant real estate holdings, stock market investments, or other business interests that contribute to his net worth. Without detailed information, it’s challenging to provide a comprehensive analysis of his assets. Information regarding real estate holdings, stock investments, or other business ventures are not available. Any further breakdown of assets would require non-public financial records, which are not accessible. Public records do not provide details on the types and amounts of debts DeVante Swing may have. These could include mortgages, loans, or other financial obligations. Such liabilities would impact his overall net worth. Details regarding DeVante Swing’s philanthropic activities, if any, are not readily available in public sources. Information regarding endorsements and brand partnerships is also unavailable.
