Net Worth | $6,000,000 |
---|---|
Full Name | William Ray Norwood Jr. |
Date of Birth/Age | January 17, 1981 (age 38) |
Source of wealth | Singer, Songwriter, Actor, Television Personality, Rapper |
Height | 5’7” |
Country of origin | U.S |
State/City of origin | McComb, Mississippi |
Last Updated | 2019 |
Net Worth
Ray J net worth is 6 million dollars.
He has been collecting his wealth since the age of 8 through his work on projects pertaining to music, television, and personal business ventures.
How Much does Ray J Make a Year?
Estimates show that Ray J makes about $1 million on a yearly basis. A large amount of this revenue comes from his notorious sex tape with Kim Kardashian that was filmed and leaked in 2007.
Sources reveal that the sex tape rakes in around $90,000 on a quarterly basis for Ray J, totaling to approximately $360,000 a year for the entertainer in royalties.
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In past years, Ray J’s album sales were a large part of his earnings as well. His estimated earnings between the years of 1997 and 2008 from his four studio albums total to around $1,280,000, with annual earnings ranging between $107,000 and $456,000.
How Does Ray J Make His Money?
Ray J has attained various streams of income throughout his career. These include producing, music, television appearances, royalties, and business endeavors.
Ray ‘s acting career has had a duration of almost 30 years. He held recurring roles in television shows including The Sinbad Show, Moesha, Aftershock: Earthquake in New York, One on One, and The Rickey Smiley Show.
He has also been in movies such as Mars Attacks!, Steel, and Sharknado 3: Oh Hell No!
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Outside of playing roles, Ray J found success in being himself on reality television shows.
He had his own shows, For the Love of Ray J and Brandy and Ray J: A Family Business and is currently a regular on Love & Hip-Hop: Hollywood and Miami.
Ray J has worked behind the scenes during his career as well, serving as an executive producer on television series such including Knockout, Driven to Love, and A.T.S.
Royalties play a large part in Ray J’s revenue. His 2007 sex tape with Kim Kardashian has raked in over $100 million since its debut.
Expressing great interest in technology, Ray J put his revenue towards the birth of two companies: Raytroniks Inc. and Raycon Global Inc.
He gains revenue through the distribution of electronics including headphones, electric bikes, and smartwatches.
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House and Cars
Ray J owns a mansion in Hidden Hills, California with a listed price of $2.7 million.
Regarding cars, Ray J has an extensive collection. This includes luxury vehicles such as a Ferrari 458, Rolls Royce Ghost, and a Range Rover.
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For her birthday, he bought his wife, Princess Love, a Bentley Continental GTC.
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Introduction
Ray J is a Mississippi native who has worn many hats in his 38 years of life.
A seasoned singer, actor, reality tv star, and producer, Ray J has dabbled in several sectors of the entertainment industry. He has also branched out to become a businessman, owning two electronic companies.
Early Life
Ray J was born William Ray Norwood Jr. on January 17, 1981, to Willie Norwood and Sonja Bates-Norwood in McComb, Mississippi. In 1983, his family moved to Los Angeles, California in order to focus on his older sister, Brandy Norwood’s, career.
There, he would be exposed to the life of a celebrity and go on to have his own success in the music and television industry at a young age. He graduated from Carson High School in 1999.
Personal Life
Ray J is the son of his father, Willie Norwood, and his mother, Sonja Bates-Norwood. His older sibling is Brandy Norwood, a singer and actress.
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He is also the first cousin of rapper Snoop Dogg and professional wrestler Sasha Banks.
Ray J is the father of one child: his daughter, Melody Love Norwood. His daughter is the result of his marriage to model and fellow television star, Princess Love. Ray J has been married to Princess Love since 2016.
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Career
At the age of 8, Norwood himself was inducted into the entertainment industry with his appearances in various television commercials after passing auditions.
In 1993, he was cast for his first acting gig as the foster son on The Sinbad Show until 1994. His next big role would come in 1999 on his elder sister’s show Moesha and last until 2001.
Norwood’s singing career would begin in 1995 with his signing to Elektra Records alongside entertainers such as Cee-Lo Green, MC Lyte, and Queen.
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He recorded and released his first studio album, “Everything You Want,” that year. The single ‘Let it Go’ was successful, being featured on the soundtrack of the hit movie Set if Off and peaking at number 25 on the Billboard Hot 100 chart in 1997 and staying on the chart for 20 weeks.
After leaving Elektra, Norwood continued his singing career, working with notable artists and producers including Brandy, Lil Kim, Timbaland, and the Neptunes.
His collaborations alongside his work on albums “This Ain’t a Game,” “Raydiation,” and “All I Feel” catapulted Ray J to peak positions on the Billboard charts 18 times with successful singles including ‘Wait a Minute,’ ‘Sexy Can I,’ and ‘One Wish.’
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Interesting Facts
- Ray J is the founder of two companies centered on technology distribution. One of them, Raycon, features environmentally friendly scooters and bikes in addition to wireless headphones, speakers, and microphones.
- Ray J is currently pursuing a business degree at Philander Smith College in Arkansas as of January 2019 in order to expand his business skills.
- When his ex, Kim Kardashian, married rapper Kanye West, Ray J sent them $50,000 in sex tape royalties as a wedding gift.
Highlights
- Ray J has released four studio albums, two mixtapes, two soundtrack albums, a visual album, thirty-two singles, and six promotional singles
- Ray J has been in a variety of television shows, commercials, and movies. He has amassed his wealth by making himself marketable through multiple platforms.
Favorite Quotes from Ray J
“Keep your life in a positive perspective. We are not defined by our pasts”
“I think you need to close your mouth, cause you ain’t gon tie me down.”
“It’s never too late to go to college.”
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Tips for Success from Ray J
- Your mistakes can be beneficial
Everyone makes mistakes and they do not have to make or break your success. Sometimes a mess-up can prove to be a blessing in disguise.
- It is Never too Late to Start Something New
You are never too old or too far along in something to start on a new project. Our lives are too long to stick with one thing for a majority of it.
- Don’t Be Afraid to Branch Out
Having many hobbies and interests is a great way to avoid boredom and increase your chances at prospering.