DMX’s net worth is in the negative -$10 million, as of 2020.
In the prime of his career, DMX had made millions off his well-known work both as an artist and as an actor, having reached his financial prime in 2013 with over $7 million net worth.
However, nowadays, DMX’s financial health isn’t looking so good. That’s especially since he filed for bankruptcy in July of 2013.
His current negative net worth and debt is due to many reasons, the most publicized of which is child support, which accounts for more than 1 million of the $10 million dollar debt.
|Net Worth:||Negative -$10 Million (USD)|
|Source of Wealth:||Professional Rapper, Singer, Songwriter, Actor|
|Full Name:||Earl Simmons|
|Also known as:||Dark Man XDMX The Great|
|Date of Birth:||December 18, 1970|
|Country of Origin:||United States of America|
|Years Active:||2010 to present|
Having a negative net worth can bring several challenging financial obstacles, including destroying your credit rating, which in turn makes it impossible to get a mortgage or lease a car.
For DMX, the crippling debt was enough for him and his lawyer to agree to declare bankruptcy. According to his lawyer, DMX has not been able to get a passport due to his debt and was the driving factor in him declaring bankruptcy.
Although DMX might have his money trouble, he’s still considered the number 5 most listened to rapper in the United States.
Source of Wealth
Being well known as a rapper, DMX’s main source of income was through his music.
DMX also made a sizable amount of income from his acting career. He even made a net income of 5 million on his acting in Cradle 2 The Grave alone.
In terms of his music, DMX made a large sum of his income from his 2 best selling albums, And Then There Was X. and Flesh of My Flesh, Blood of My Blood, from which he made 5.6 and 4.5 million, respectively.
Born on December 18, 1970, as Earl Simmons, DMX’s childhood was full of chaos and turmoil.
He was born to a negligent father who left him at a young age, and an abusive mother, both verbally and physically.
His teenage years weren’t much different, as DMX found himself in the middle of various run-ins with the law.
DMX is mostly known for his music and acting career and has made a very well known name for himself from it.
The most notable achievements that DMX has made in the past include his album released in 1998 Flesh of My Flesh, Blood of My Blood, which sold 4 million copies worldwide.
He also released another famous album, And Then There Was X, which sold 5 million copies worldwide.
1992: This was the major start of his musical career when Columbia Records signed him up to their Ruffhouse subsidiary label. This led to the release of “Born Loser”, his debut album. Unfortunately for him it didn’t do that well.
1994: His second single was released titled “Make a Move”.
1995: He had a guest appearance with other big names like Ja Rule and Jay Z in Mic Geronimo’s “Time To Build” classic underground track.
1997: More guest appearances including in Mase hit singles “24 Hrs. to Live”, “Take What’s Yours”, and even The LOX’s single “Money, Power & Respect”.
1998: Was a big year for him as he worked on and released “Get at Me Dog”, his debut major-label single. It did very well and was even certified Gold by the RIAA.
Later that year, he also released his very major-label album titled “It’s Dark and Hell Is Hot”. This album did very well and even hit number 1 on the Billboard 200 chart. It also sold a lot of copies, as many as five million!
1999: He released another album, his third, titled “.. And Then There Was X”. It did very well and even debuted at number 1 on the coveted Billboard 200, making it his third album to achieve that.
The album ended up doing a lot better than all the others, even getting certified six-times platinum!
2001: DMX was still able to complete and release his fourth album, despite his legal issues. Titled “The Great Depression”, it also did very well like the previous ones – debuting still at number 1 on Billboard 200.
2003: Despite his fourth album not doing as many sales as his third, DMX worked on and released his fifth album. Titled “Grand Champ”, this fifth album also did very well when it debuted, hitting number one, yet again, on the Billboard 200 charts.
This impressive fifth consecutive number 1 debuts made history for him – earning him the title of the only musician in history to debut at number one for his five consecutive albums.
2005: Despite telling everyone his fifth album would be his last, he worked on another album.
2006: He released the new album but unfortunately didn’t debut at number 1, like his previous five albums, even though by just a couple hundred copies.
2009: DMX claimed to focus more on preaching than singing and finished a Gospel album during the time.
2011: He had a performance at BET Hip Hop Awards. Later that year he released a new track but through the Internet, titled “Last Hope”.
2012: He did another track and digitally released both.
He was still able to release another album the same year, despite many delays. Titled “Undisputed”, it got released in September, 2012.
2013: He went on a world tour and even performed in countries like Kosovo and Bulgaria.
2015: There were issues with the alleged release of a new album with Seven Arts Music releasing it without legal contract with DMX.
2016: He continued singing and was able to release “Blood Red” a new song.
2017: He released “Bain Iz Back”.
Many legal allegations have been made against DMX in the past.
Of these include tax evasion, tax fraud, and failure to pay child support, of which the sum ended up being over $400,000.
Along with this, DMX also had a marriage to Tashera Simmons in 1999, until their unfortunate divorce in 2010.
After this, DMX began to date Desiree Lindstrom, with whom he has a child who is named Exodus.
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