The estate of the late rapper Nipsey Hussle’s has received its final inventory appraisal and has been valued at USD$4,169,088.57, almost 20 months after his murder.
Nipsey built his brand on ownership, and according to the appraisal services, he was practicing what he preached. Most of Nip’s net worth came from his trademark portfolio, shares of companies he owned, as well as jewelry that appreciated with value—like gold necklaces and Rolexes.
Nipsey reportedly owned a 25 percent share of stock in The Marathon Clothing brand which was valued at over $270,000.
The 100 percent interest he had in All Money In No Money Out, Inc. was worth more than $2 million.
He also owned his likeness, name, voice, signature, and other trademarks that are valued at a little under $1 million but will continue to increase as his legacy grows.
Despite all of this ownership, the estate claimed that Nipsey didn’t personally own any property.
This however doesn’t mean that the rapper didn’t own buildings and assets through various ventures that can’t be directly attributed to him or his net worth.
The estate is currently being split between Nipsey’s two children. His surviving girlfriend Lauren London will control the finances belonging to their son, Kross Ermias Asghedom.
The rest of Nipsey’s family will control the half owned by the rapper’s daughter from a previous relationship, Emani Asghedom, whose guardianship was given to Nip’s family following a custody dispute.
Nipsey born Ermias Joseph Asghedom was an American rapper, activist, and entrepreneur.
He became known for his numerous mixtapes, including his “Bullets Ain’t Got No Name” series, “The Marathon”, “The Marathon Continues”, and “Crenshaw”, the last of which rapper Jay-Z bought 100 copies for $100 each.
Also known for his entrepreneurship, Hussle inaugurated the Marathon Clothing store, which he founded along with partners Carless, Karen Civil and his brother Samiel Asghedom in 2017.
On March 31, 2019, Hussle was fatally shot outside his store Marathon Clothing store in South Los Angeles.
Eric Holder, a 29-year-old man who had confronted Hussle earlier in the day, was arrested and charged with murder on April 2, 2019.
