American rapper, singer, and actor Cornell Iral Haynes Jr. is better known by his stage name Nelly. He was born on November 2, 1974. He began his musical career in 1993 with the Midwest hip-hop group St. Lunatics; he was born and raised in St. Louis, Missouri. In June of the year following his 1999 signing with Universal Records, he released Country Grammar, his solo first album.
Nelly Net Worth
Many things contribute to the $70 million net worth of American rapper, actor, and entrepreneur Nelly. “Country Grammar” was Nelly’s breakout album in 2000; it went on to sell over 10 million copies globally and remains his best-selling album overall. Hits like “Country Grammar (Hot Shit),” “E.I.”, “Batter Up,” and “Ride Wit Me” helped propel that album to the top of the charts.
“Nellyville”(2002), his sophomore album, solidified his position as a hip-hop superstar. Hits like “Hot in Herre” and the Grammy-winning “Dilemma” (with Kelly Rowland) were on the included album. Among the best-selling rap artists of all time, Nelly has amassed an impressive record collection: eight studio albums, twenty-one million records sold in the US alone, and forty million records sold worldwide.
Outside of music, Nelly has dabbled in acting in films such as “The Longest Yard”(2005) and “Reach Me” (2014). He established the MoShine alcohol brand. Additionally, he established Jes Us 4 Jackie, a nonprofit group, to bring attention to the African American community’s dire need for bone marrow donors.
Nelly Catalog Sale
Nelly received $50 million in July 2023 from a firm named HarbourView Equity Partners for selling a 50% interest in his music repertoire. His whole catalog was valued at $100 million in the purchase.
Nelly Tax Problems
The Internal Revenue Service levied penalties and overdue taxes of $2,412,283 against Nelly in August 2016. State taxes totaling almost $150,000 were also due from him. The government had the authority to confiscate assets due to the size of the debt. In the end, the debts were paid off.
Nelly Early Life
Cornell Iral Haynes Jr., better known as Nelly, came into this world in Austin, Texas on November 2, 1974. His father was serving in the Air Force at the time of Nelly’s birth. At the age of seven, he relocated to St. Louis, Missouri, after his parents’ divorce.
Along with his half-brother City Spud, buddies Ali, Murphy Lee, Kyjuan, and Slo’Down founded Nelly’s first band, the St. Lunatics, when he was a teenager. In 1997, the song “Gimme What Ya Got” by the teens was popular in their hometown. When a record deal fell through for the St. Lunatics, Nelly knew it was time to go solo.
Nelly Private Life
Shantel Jackson, who was formerly dating Floyd Mayweather Jr., is an actress, model, and Nelly’s girlfriend since 2014. It was announced in 2021 that the pair had mutually agreed to end their relationship. In February of 2023, rumors began circulating that Nelly and Long Island R&B artist Ashanti, whom he dated before to Jackson, were rekindling their romance after seeing each other wearing the same Cuban link chain.
In addition to his music career, Nelly is involved in philanthropy through his 4Sho4Kids Foundation. He began his effort to raise awareness of the importance of bone marrow transplants among African Americans and other minority groups in March 2003. He also made an effort to increase the number of bone marrow donor registrations following his sister Jackie’s leukemia diagnosis. In March of 2005, his sister passed away.
Nelly has been the host of the White and Black Ball, a scholarship fundraiser in St. Louis, Missouri, since 2006. Since then, Nelly has been able to send a number of students to college because to these scholarships. Michael Brown, who was fatally murdered by police in Ferguson, Missouri on August 9, 2014, is the inspiration for a scholarship that Nelly established in his honor.
During the 2007 World Series of Poker, Nelly participated in the Main Event. Both the PokerStars Caribbean Adventure and the PokerStars European Poker Tour have included him.
The Do Something nonprofit’s Tackle Hunger initiative commissioned Nelly to make a PSA in 2010. In the public service announcement, Nelly called on young people to combat hunger by amassing one million pounds of food to be distributed to families in need throughout the Christmas season.
A music production school in the middle of St. Louis called the Ex’treme Institute By Nelly was founded in 2011 in a joint venture between Nelly and Vatterott College.
Nelly Real Estate
Nelly acquired a half-finished, 11,000 square foot opulent estate in a gated enclave in the Missouri town of Eureka, near the Hidden Valley Country Club, for $1.925 million in 2002. A pool, hot tub, basketball court, and more can be found on the 12-acre property.
It took Nelly a long time to sell this house. In October 2021, he sold the home for $599,000. At that point, he ultimately accepted a significant loss. As of mid-2021, when it was mostly deserted and in a state of disrepair, this is the house as it appeared in this video:
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