What Is Peter Gunz Net Worth?
Peter Gunz, born Peter Cory Pankey on January 6, 1969, has carved out a multifaceted career as an American rapper and reality television personality. His financial standing primarily stems from his music career, particularly his association with Lord Tariq as well as his appearances on reality TV. As of 2025, Peter Gunz’s net worth is estimated to be $500,000.
Early Career and Music Achievements
Peter Gunz’s journey into the music industry began in The Bronx, New York, where he collaborated with Lord Tariq. Together, they initially called themselves The Gunrunners. Their first notable appearance was on the track “Can’t Get Enough” from Whodini’s 1996 album, “Six.” The duo also contributed to writing two other songs on that album, marking an early step in their professional music careers. Gunz also collaborated with Shaquille O’Neal on Shaq’s albums “You Can’t Stop the Reign” (1996) and “Respect” (1998) and his single “Men of Steel,” which was featured in the 1997 film “Steel.” The record was not only featured in the film, but it also helped to propel Gunz further into the public eye.
The pinnacle of Lord Tariq and Peter Gunz’s success arrived with the release of “Deja Vu (Uptown Baby)” in 1997. This single became a massive hit, reaching number 9 on the Billboard Hot 100 chart. Furthermore, it topped the Billboard Hot Rap Songs chart, solidifying their presence in the rap scene. The single sold over a million copies in the U.S., earning it Platinum certification. In 1998, they released their album “Make It Reign,” which peaked at number 38 on the Billboard 200 chart and number 8 on the Top R&B/Hip-Hop Albums chart, demonstrating their ability to create commercially successful music beyond just one hit single. In 1999, Lord Tariq and Peter Gunz earned a Soul Train Award nomination for Best R&B/Soul or Rap New Artist, demonstrating that they were not only commercially successful but also critically acclaimed.
Transition to Reality Television
After the breakup of Lord Tariq and Peter Gunz in 1999, Peter Gunz transitioned into television, which broadened his career. In 2013, he joined the cast of “Love & Hip Hop: New York.” His involvement stemmed from his professional relationship with Rich Dollaz, another cast member. Peter Gunz appeared in more than 60 episodes of the series between 2013 and 2020. The show not only provided him with consistent screen time but also opened up new revenue streams through appearance fees and related opportunities.
Notably, Peter Gunz’s personal life, particularly his relationships with Tara Wallace and Amina Buddafly, became a central storyline on “Love & Hip Hop: New York.” The complexities of their relationships, including pregnancies and marital issues, garnered high ratings for the show. In 2018, Peter, Tara, and Amina appeared on “Marriage Boot Camp: Reality Stars” on WE tv. While the specific contract details for these reality TV appearances are not publicly available, such roles typically involve per-episode fees, bonuses for high ratings, and potential opportunities for spin-off shows or related ventures. In 2020, Peter Gunz also began hosting the hidden camera reality series “Cheaters.” His involvement in “Cheaters” added another dimension to his television career, further diversifying his income sources.
Other Media Appearances and Projects
Beyond his main roles on “Love & Hip Hop” and “Cheaters,” Peter Gunz has made several appearances in films and other television series. He appeared in the 2008 documentary “Big Pun: The Legacy,” which explored the life and impact of the late rapper Big Pun. Peter also featured in TV series such as “Funk Flex Full Throttle” in 2010 and “Son of a Gun” in 2011. Additionally, he had roles in the films “The Fearless Two” (2019), “Time Matters” (2019), and “Asbury Park” (2021). These roles, though smaller than his main television engagements, contribute to his overall income and visibility.
In 2014, Gunz appeared in the documentary “Afraid of Dark,” and in 2015, he was on “Wild ‘N Out.” He further expanded his presence in the television landscape with an appearance on “VH1: Unveiled” in 2019. Each of these appearances, while not necessarily providing substantial income individually, collectively adds to his brand recognition and earning potential. These projects also serve to keep him relevant in the entertainment industry, which is crucial for maintaining and potentially growing his net worth over time.
Personal Life and Financial Implications
Peter Gunz’s personal life has been highly publicized, largely due to his relationships and family dynamics. He has dated Gina Prince and Tara Wallace and was married to Amina Buddafly from 2013 to 2018. Tara Wallace is the mother of his sons Jamison, born October 14, 2008; Kaz, born January 6, 2012; and Gunner, born February 13, 2016. Amina Buddafly is the mother of his daughters Cori, born July 29, 2014, and Bronx, born August 9, 2016. Peter has five other children: Cory, Whitney, Kennedi, Brandon, and Phoenix.
His son, Cory Gunz, has his own career as a rapper and is signed with Lil Wayne’s Young Money Entertainment label, a subsidiary of Birdman’s Cash Money Records. The complex family relationships, including the highly publicized love triangle involving Tara and Amina, contributed significantly to the ratings of “Love & Hip Hop: New York.” The financial implications of Peter’s personal life are multifaceted. Child support obligations for his numerous children are a significant expense. Additionally, the legal and personal costs associated with his divorces and relationship issues likely impacted his financial resources. While the exact amounts are not publicly disclosed, child support and legal fees can substantially affect an individual’s net worth.
Net Worth Components and Financial Management
Peter Gunz’s net worth of $500,000 is a culmination of various income streams, including his music royalties, television appearance fees, and potential earnings from other media projects. However, it’s essential to consider potential liabilities that impact net worth, such as child support, legal fees, and personal expenses. Financial management plays a crucial role in maintaining and growing net worth. Prudent investment decisions and careful budgeting can help ensure long-term financial stability. Conversely, poor financial decisions, such as overspending or neglecting financial obligations, can erode net worth over time.
While specific details about Peter Gunz’s investment portfolio or real estate holdings are not publicly available, these assets would contribute to his overall net worth. The absence of publicly available information about these assets makes it challenging to provide a more detailed breakdown of his financial situation. Generally, individuals in the entertainment industry are advised to diversify their investments and manage their finances carefully to ensure long-term financial security. The fluctuations in income common in the entertainment industry make prudent financial planning particularly important.