Earl Simmons was best known by his stage name, DMX. Sadly, DMX died at the age of 50 on April 9, 2021, after suffering a heart attack as a result of a drug overdose. DMX was once a prominent figure on the hip-hop scene in the 1990s, but in recent years he became known for his financial problems, including serving time in prison due to tax fraud.He was last seen on the “No Angel” tour, which kicked off in April of this year.
He had released his most recent album, “Redemption of the Beast,” in July during a series of poor financial choices. This has led fans to question how much money he was really worth at the time of his death.
|Net Worth in 2021||$-1 Million|
|Previous Year’s |
Net Worth (2020)
|Wealth Source||Rapping Career|
|Dating||In a relationship|
DMX’s net worth 2021
The amount of money DMX owes is debated, with some claiming it’s into the millions. According to Celebrity Net Worth, DMX’s estimated net worth was -$1 million.
Other sources, such as Money Inc. and Kingged, report that it was truly down (or up) to -$10 million. And yes, that’s a negative $1 to a negative $10 million — we double-checked ourselves. It’s unusual to see a celebrity so far in the red, especially when they’re still well-known and have been working lately.
DMX’s financial issues news
In July 2013, DMX filed for Chapter 11 bankruptcy protection in the United States, owing between $1 million and $10 million to creditors. He also owed around $1.24 million in child support payments. He was the father of 15 kids. The lawsuit was dismissed by the U.S. Bankruptcy Court in Manhattan, and he was left on the hook. Following that, there was a tax fraud — 14 counts to be precise – in 2017. DMX owes $1.7 million, and he served a year in jail as a result of it.
He was set free in January 2019, but he still owed the IRS $2.3 million at that time. The government made arrangements to seize DMX’s wages until the debt was settled.
He was an established American rapper, singer. Songwriter, actor and entrepreneur. His music genre included hip-hop, gangster rap, East coast and hardcore hip hop. He was the first musical artist to have his first five albums enter the billboard chart 200 as number one. DMX has worked in some films also and had produced nine studio albums.