Net Worth Ranker
What Is Layzie Bone’s Net Worth?
Layzie Bone, whose real name is Steven Howse, is an American hip hop and rap artist who has amassed a net worth of $3 million, according to available financial data. His financial standing is primarily attributed to his career in the music industry, spanning from his early days with B.O.N.E. Enterpri$e to his success as a member of Bone Thugs-n-Harmony and as a solo artist.
Early Career and Bone Thugs-n-Harmony
Steven Howse, known professionally as Layzie Bone, initiated his career in the hip hop scene in Cleveland, Ohio. He began with a group named B.O.N.E. Enterpri$e, which released the album “Faces of Death” in 1993. The foundational years set the stage for the creation of Bone Thugs-n-Harmony. After a performance witnessed by Eazy-E, Layzie Bone, along with his brother Flesh-n-Bone, cousin Wish Bone, and Bizzy Bone, were invited to Los Angeles. This transition marked a significant turning point in their careers.
Under the guidance of Eazy-E, the group was renamed Bone Thugs-n-Harmony. Their association with Eazy-E and Ruthless Records propelled them into mainstream success, marked by record sales and industry recognition. During his tenure with Bone Thugs-n-Harmony, Layzie Bone contributed to eight albums. Three of these albums—”Creepin on ah Come Up” (1994), “E. 1999 Eternal” (1995), and “The Art of War” (1997)—achieved Platinum certification by the Recording Industry Association of America (RIAA), indicating sales of at least one million copies each. Additionally, one album, “BTNHResurrection” (2000), was certified Gold by the RIAA, signifying sales of at least 500,000 copies. While specific sales figures for each album vary and are subject to change over time due to ongoing sales and streaming, these certifications reflect the commercial success of the group’s work.
Solo Career and Independent Ventures
In addition to his work with Bone Thugs-n-Harmony, Layzie Bone has pursued a solo career, releasing several albums. These solo projects contribute to his overall income through sales, streaming, and performance royalties. His solo albums include “Thug by Nature” (2001), “It’s Not a Game 2001”, “The Lawless EP” (2002), “Startin’ From Scratch: How a Thug Was Born” (2003), “The New Revolution” (2006), “Cleveland” (2006), “Thug Alwayz” (2007), and “Judgment Day” (2009). Although his eighth solo album, “Perfect Timing,” was announced for release in 2016, it did not materialize. The financial specifics of his solo releases are more difficult to pinpoint due to fluctuating sales figures and the proprietary nature of record contracts. However, these endeavors add to his earnings through royalties, performance fees, and licensing agreements.
Details regarding specific contracts, royalty rates, and album sales figures for Layzie Bone’s solo work are not publicly disclosed. Generally, artists earn royalties from album sales, streaming revenue, and licensing of their music for use in films, television, and commercials. The exact percentages and terms vary based on the contract negotiated with the record label or distributor. Independent artists often retain a larger share of the revenue but bear more of the upfront costs for production and marketing.
Legal Issues and Paternity Case
In 2013, Layzie Bone faced legal issues related to a paternity test. A former girlfriend filed a lawsuit for child support concerning a toddler allegedly fathered by the rapper, leading to his arrest. The financial implications of such legal matters can be significant, involving child support payments and legal fees. Child support obligations are typically determined based on the income of the parent and the needs of the child, following state guidelines. Legal fees can vary depending on the complexity and duration of the case.
The specifics of Layzie Bone’s child support case, including the amount of child support payments and legal expenses, are not publicly available. Child support orders are generally confidential and protected by privacy laws. The financial impact on his net worth would depend on the duration and terms of the child support agreement, as well as the legal costs incurred throughout the case.
Income Streams and Estimated Earnings
Layzie Bone’s net worth of $3 million is accumulated through various revenue streams. His primary source of income is music-related activities, including album sales, streaming royalties, concert performances, and merchandise sales. As a member of Bone Thugs-n-Harmony, Layzie Bone has participated in numerous tours, which can generate substantial income through ticket sales and merchandise. Solo performances also contribute to his earnings, though typically on a smaller scale compared to group tours. Although specific figures are not publicly available, concert earnings can range from a few thousand dollars for smaller venues to tens of thousands of dollars for larger venues and festivals.
Music royalties from streaming platforms such as Spotify, Apple Music, and Amazon Music represent another significant income source. Royalty rates vary depending on the platform and the artist’s contract with the record label or distributor. While the per-stream royalty rates are relatively low, the cumulative earnings from millions of streams can be substantial. For established artists like Layzie Bone, the continuous playback of their music on these platforms contributes to a steady income stream. However, the exact amount earned from streaming is not disclosed.
Endorsement deals and collaborations with other artists can also add to Layzie Bone’s income. Endorsements involve promoting products or brands in exchange for payment, while collaborations involve creating music with other artists, resulting in shared royalties. The financial details of endorsement deals and collaborations are typically confidential but can significantly boost an artist’s earnings. Without detailed information on specific endorsements and collaborations, the exact contribution to Layzie Bone’s net worth cannot be precisely determined.
Real Estate and Asset Information
Information on Layzie Bone’s real estate holdings and other assets is limited. Public records and databases do not provide comprehensive details about his property ownership or investment portfolio. Real estate can be a significant component of an individual’s net worth, providing both a source of income through rental properties and long-term appreciation. However, without specific details on Layzie Bone’s real estate investments, it is impossible to quantify their impact on his overall net worth. Similarly, data on his investments in stocks, bonds, or other assets is not publicly accessible. These investments can contribute to wealth accumulation but remain private.
Net Worth Summary
Layzie Bone’s estimated net worth of $3 million reflects his long and successful career in the music industry. Earnings from album sales, streaming royalties, concert performances, and other ventures have collectively contributed to his financial status. While the specific details of his income streams and assets are not fully available, his sustained presence in the hip hop scene underscores his financial accomplishments. This is largely attributed to his contributions to Bone Thugs-n-Harmony’s multi-platinum albums and his ongoing solo endeavors. His financial achievements align with his status as a prominent figure in hip hop.
