Waka Flocka Net Worth in 2013
Real Name: Jauquin James Malphers
Birthplace: South Jamaica Queens, New York
Birthday: May 31,1986
Albums: Flockaveli, Triple F Life, Friends, Fans, Family
Upcoming: Flockaveli 2013
Mother: Debra Antney
One of the most popular club rappers Waka Flocka Flame known for his questionable lyrics and sloppy delivery has sold over 3 million records worldwide signed to 1017 Brick Squad Records. Despite his growing popularity his career was brought to a temporary halt when Brick Squad CEO Gucci Mane decided to drop him from the label before signing a $20 million deal with Atlantic Records. On March 15, 2013, Gucci Mane announced that frequent collaborator and close friend Waka Flocka Flame was “dropped” from 1017 Brick Squad Records. The two rappers proceeded to throw insults back and forth on Twitter. during an MTV Jams interview with Sway, Waka explained that he would never do music nor business with Gucci ever again. Neither of the rappers have explained where the controversy originated from. Because their were two albums left in his contract Waka was cut with no bonus or extra money. He would have been entitled to a $1 million sign off if he released the last two records. Gucci later replaced him with 17 year old rapper Chief Keef who was signed to Brick Squad for $2 million double what Waka Flocka was signed on for.
He recently purchased a Bentley EXP 9 which is one of the most expensive SUVs on the market for $140,000.
How Waka Flocka Flame Earns His Money?
- Waka Flocka the illiterate rapper who lyrics aren’t always taken seriously is smarter than we think. His album sales of Flockaveli, and Triple F life are a combined 1.4 million worldwide. From his album sales he earns $2 for every copy sold due to his production and writing credits.
- He is paid $15,000 per show. He does over 70 shows a year at various night clubs and music festivals netting over $1 million a year. His mother earns 10% due to her management fees.
- He also charges $50,000 per feature!
Outside of music Waka Flocka has invested his money into property. He cites Donald Trump as an inspiration. In Atlanta Georgia he owns several office and retail spaces which are leased out for a combined $7,000 per month.
Waka Flocka is working on his new album and working with Wyclef on his project. Flockaveli 2013 drops this summer. He has appearances by Wayne, A$AP Rocky on the album including a track with Busta Rhymes called UFC. Gucci Mane his long time mentor is featured on the album and the controversial Chief Keef steps in on a verse.
His mother still manages him and considers her an inspiration. She was a single parent and raised him on her own, she is the CEO of Mizay Entertainment.
Waka has been dubbed the King of the night life. He believes his fans don’t take him to seriously.