Net Worth Ranker
What Is Malaysia Pargo’s Net Worth?
Malaysia Pargo, born Laquisha Pargo in Compton, California in 1980, has an estimated net worth of $500,000. This net worth is primarily derived from her career as a reality television personality and jewelry designer. While specific breakdowns of her income streams are not publicly available, we can analyze the factors contributing to her financial standing.
Career in Reality Television
Malaysia Pargo gained significant recognition through her role on VH1’s “Basketball Wives: Los Angeles.” She appeared in 73 episodes between 2017 and 2023. While the exact per-episode salary for cast members is not publicly disclosed, it is understood that reality television stars earn varying amounts based on their experience, popularity, and negotiation skills. Given Malaysia’s consistent presence throughout multiple seasons, it’s reasonable to assume that her earnings from the show contribute substantially to her net worth.
Her tenure on “Basketball Wives: LA” began with the first season of the Los Angeles franchise. The show focuses on the lives of women connected to professional basketball players, either through current or former relationships. Malaysia’s portrayal on the show, where she often expressed a need to remain guarded due to scrutiny and envy, likely resonated with viewers and contributed to her popularity, potentially influencing her earning power.
In addition to “Basketball Wives: Los Angeles,” Malaysia appeared in a Ludacris music video in 2004, which provided an early boost to her visibility. In 2023, she expanded her acting resume by appearing in the movie “Behind the Veil 2.” While these roles may not have resulted in substantial income, they contribute to her overall brand and potentially open doors for future opportunities.
Jewelry Design Venture
In 2011, Malaysia Pargo launched her own jewelry collection, Three Beats Custom Children’s Jewelry. The brand was named in honor of her three children. The success and profitability of this venture are difficult to ascertain without access to private sales figures. However, launching a business requires investment in design, production, marketing, and distribution. The proceeds from Three Beats Custom Children’s Jewelry are a direct contributor to her overall net worth.
Marriage and Divorce
Malaysia Pargo was married to former NBA player Jannero Pargo from 2006 to 2014. Jannero Pargo earned $11.7 million in salary during his NBA career, spanning from 2002 to 2015. While married, their finances were likely intertwined. Upon their divorce, assets would have been subject to division as determined by California law and their divorce settlement. It was revealed on May 24, 2014, that Malaysia Pargo had filed for divorce, citing their separation as having begun in December 2012. The specifics of their divorce settlement are not publicly available, but it likely impacted both their respective net worth figures.
Real Estate Investments
In 2009, Malaysia and Jannero Pargo purchased a French-style chateau in Riverwoods, Illinois, for $2.24 million. The mansion, located on 2.2 acres of land, featured 7 bedrooms and 9 bathrooms and spanned nearly 12,000 square feet. This purchase represented a significant investment at the time. They listed the property for sale in 2013 for $2.395 million, attempting to capitalize on any appreciation in value.
Unfortunately, the Pargos lost the home to foreclosure in 2014. The bank took possession and initially listed it for $1.75 million. The property eventually sold in September 2016 for $1.375 million, a significant loss from their initial purchase price. This foreclosure and subsequent sale at a loss negatively impacted their combined net worth at the time and likely affected Malaysia Pargo’s financial standing as well.
It is important to note that net worth is a dynamic figure, subject to change based on income, expenses, investments, and market fluctuations. Without access to Malaysia Pargo’s private financial records, this estimate of $500,000 remains an approximation based on publicly available information. Future projects, business ventures, and other financial activities could influence her net worth positively or negatively over time.
