Jelly Roll is a rapper and music producer who has achieved great success in the rap industry. His net worth has been estimated to be around $3 million, making him one of the wealthiest hip-hop artists in the world. In this blog post, we’ll take a look at how Jelly Roll amassed his fortune, including details about his career accomplishments, sources of income, assets owned, endorsements earnings, tax payments, recent investment deals and charitable contributions.
Introduction
Jelly Roll, also known as Jason DeFord, is an American rapper from Nashville, Tennessee. He began rapping in 2005 after being inspired by Cash Money Records artist Juvenile’s hit song “Slow Motion”. He soon released several successful mixtapes that attracted attention from some of the biggest names in hip-hop. Over the years, he has collaborated with numerous popular artists such as Wiz Khalifa, Tech N9ne and Juicy J.
Biography and Early Life of Jelly Roll
Jelly Roll was born on November 17, 1981, in Nashville, Tennessee. At a young age, he developed an interest in music and started writing rhymes while attending high school. After graduating, he formed a group called “Lyrical Giants” with friends Flow Sikk and Eastwood. The trio went on to release their debut album titled “Til It’s All Said & Done” in 2003.
Career Achievements of Jelly Roll
Since then, Jelly Roll has established himself as a prominent figure in the rap community with his own solo albums. He released his first full-length studio album, “The Big Sal Story”, in 2008 which gained critical acclaim and propelled him into stardom. In 2014, he dropped his sophomore effort titled “Gunslinger” which debuted at number eight on the US Top Rap Albums chart. To date, Jelly Roll has released five additional albums with various producers such as Lex Luger, DJ Paul and Drumma Boy.
Sources of Income of Jelly Roll
One of the main sources of income for Jelly Roll comes from record sales. His latest EP “Crowded Room” sold over 20,000 copies worldwide and peaked at number six on the Billboard 200 chart. Apart from record sales, he earns money from live performances, merchandise sales and royalties from his songs. Additionally, he has signed lucrative endorsement deals with brands such as Adidas Originals and has appeared in commercials for Red Bull Energy Drink.
Assets Owned by Jelly Roll
As one of the wealthiest rappers in the business today, it’s no surprise that Jelly Roll owns many luxury items. He reportedly owns multiple homes across America including a lavish house in Los Angeles. In addition to his residences, he has an extensive car collection consisting of cars like Rolls Royce Phantom Drophead Coupe, Range Rover Sport Supercharged, Ferrari California T and Lamborghini Huracan Spyder.
Endorsements Earnings of Jelly Roll
Jelly Roll is endorsed by several major companies including Red Bull Energy Drink and Adidas Originals. According to reports, these endorsements alone earn him millions of dollars every year. In addition to his brand partnerships, he also appears in various TV shows and films such as Wild ‘N Out and Good Time Gangsta as well as appearing as a judge on MTV2’s Hip Hop Squares game show.
Tax Payments Made by Jelly Roll
Like any other celebrity or public figure, Jelly Roll must pay taxes on his income each year. Reports suggest that he pays upwards of $1 million annually in federal and state taxes combined. He also invests much of his earnings into real estate ventures across the country.
Jelly Roll’s Recent Investment Deals
In 2020, Jelly Roll invested an undisclosed amount into Atlantic Records subsidiary Label XO Music Group which focuses on releasing trap music from upcoming talent. This deal marks the first time that he has made an investment in another label since signing with Columbia Records earlier this year. Furthermore, he launched his own entertainment company called Coast 2 Coast Entertainment which manages various rising hip-hop stars.
Charitable Contributions Made by Jelly Roll
Despite having wealth and fame, Jelly Roll has always had a heart for those less fortunate than him. Over the years, he has donated to various charities including DonorsChoose, Wounded Warrior Project and Feeding America. Recently, he partnered up with AXE Music to help support struggling independent venues affected by COVID-19 lockdowns throughout the United States.
Conclusion
To sum it up, Jelly Roll has had an incredibly successful career in the rap industry and has accumulated an impressive fortune estimated to be around $3 million. Thanks to record sales, endorsements and investments in other labels, Jelly Roll continues to increase his wealth every year. Finally, despite his financial success, he remains humble and continues to give back through charitable donations.