Lil Kim Net Worth 2022, Does Lil Kim Still Have Money?

Lil Kim Net Worth: Lil’ Kim is a rapper and actress from New York with a $500k net worth. Lil’ Kim gained notoriety when she joined Junior M.A.F.I.A. as one of its original members. In the late 1990s, she achieved fame as a solo performer. For those who anticipated Kim to have a bigger net worth, it should be noted that she has recently been under some financial strain.

She reported having $4.08 million in liabilities and $2.57 million in assets when she filed for personal bankruptcy in January 2018. Later in this post, we’ll go into more detail about her financial issues.

Lil Kim

Lil Kim’s Personal Life

Up until his passing in 1997, Christopher Wallace, better known as the Notorious B.I.G., and Lil’ Kim had an on-again, off-again romance. She became pregnant with Wallace’s child when her debut album was being recorded, but ultimately made the decision to end the pregnancy. “I already knew the kind of relationship that Biggie and I had, and I realised that [having a kid] was something that couldn’t take place,” she said in a 1999 interview with The Source.

Lil’ Kim acknowledged that her relationship with Wallace was “extremely aggressive” in 2017. Lil’ Kim dated record producer Scott Storch for two months in 2004 after dating alleged gang boss Damion “World” Hardy from 2002 to 2003. Lil’ Kim and rapper Ray J had a fling in 2007. The 39-year-old Lil’ Kim revealed her pregnancy in February 2014. On June 9, 2014, she gave birth to Royal Reign, her first child.

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Lil Kim Early Life

Lil’ Kim, also known as Kimberly Denise Jones, was born on July 11, 1974, in Brooklyn, New York’s Bedford-Stuyvesant district. Christopher is her only older brother. Jones’s parents, Linwood Jones, and Ruby Jones, divorced when she was nine years old, and he thereafter raised her. Due to their tumultuous relationship, Jones was eventually expelled from the home. She then quit high school and began to live on the streets.

Young Jones then met Christopher Wallace, better known as The Notorious B.I.G. The rap legend played a significant role in her career and they were also romantically involved. Jones joined the Brooklyn-based Junior M.A.F.I.A, which Biggie founded and supported, in 1994 when he was 19 years old. Jones adopted the name Lil’ Kim at this point.

Conspiracy, the group’s debut album, was released on August 29, 1995. It received mixed reviews and had a passable level of commercial success, debuting at number eight on the US Billboard 200 list and moving 69,000 copies in its first week. The Recording Industry Association of America (RIAA) granted it gold certification on December 6, 1995.

I Need You Tonight, Get Money, and Player’s Anthem were the three hit singles for Conspiracy. Lil’ Kim started working on a solo career within a year after joining Junior M.A.F.I.A. Late 1995 saw the start of her first album’s production.

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Lil Kim Career Success

The RIAA awarded Lil’ Kim’s debut album, Hard Core, a double platinum certification, and it has since sold more than 6 million copies globally. Additionally, the album peaked at number three on the American R&B chart and number eleven on the Billboard 200 chart. The Notorious K.I.M. (2000) and La Bella Mafia (2003), her two succeeding albums, also achieved platinum sales.

La Bella Mafia debuted at numbers four and five, respectively, on the Billboard 200 chart, while The Notorious K.I.M. peaked at number one on the U.S. R&B chart and number four on the Billboard 200 chart. The Naked Truth, her fourth studio album, was published in 2005 while she was incarcerated in a federal facility.

(She received a one-year prison term for misleading a jury about the role of her pals in a shooting four years earlier.) The Naked Truth debuted at number six on the Billboard 200 chart and number three on the US R&B chart. Lil’ Kim released her fifth studio album, 9 in 2019. Along with her peers Ma, Pink, and Christina Aguilera, she also sang on the 2001 remake of “Lady Marmalade” as a featured singer.

The song is one of the all-time best-selling singles and has sold more than five million copies worldwide as a single. Lil’ Kim has won three MTV VMAs, a Grammy, two Soul Train Awards, two Billboard Music Awards, and two MTV VMAs over her career. As a solo artist, Lil’ Kim has sold more than 30 million singles and 15 million albums worldwide.

She’s All That (1999), Zoolander (2001), Juwant to Mann (2002), You Got Served (2004), Superhero Movie (2008), and more movies include Lil’ Kim in her capacity as an actress. Lil’ Kim competed in the eighth season of ABC’s reality competition Dancing with the Stars in 2009. When she and her partner Derek Hough were ousted from the dancing competition on May 5, 2009, they placed fifth overall.

Lil Kim Bankruptcy

Lil’ Kim submitted a Chapter 13 bankruptcy petition in New Jersey on June 12, 2018. Kim had recently experienced foreclosure on her enormous 6,000 square foot, $3 million estate in a gated community in Alpine, New Jersey, according to the court documents. She allegedly owed the federal government $1.5 million in overdue taxes and $667,000 in missed mortgage payments.

She claimed to have $2.5 million in assets and $4 million in debt, including a $50,000 2005 Bentley, a $4,200 2000 Mercedes, and $25,000 worth of jewels. Kim earned $823,000 in 2016 and $398,000 in 2017, according to the documents. She makes an average of $18,000 each month, but she reportedly spends $10,000 on vacation, $6,600 on her mortgage, $2,200 on clothing, and $2,300 on staff per month.