Texas-based Hakeem Temidayo Seriki gets known by his stage name, Chamillionaire, derived by joining the two terms: Chamelion and Millionaire. He is an American entrepreneur, actor, rapper, record producer, and songwriter known for southern hip hop and hip hop. He has built an empire that will continue to get expanded.
Chamillioniare, active since 1997, has been participating in several music, business, and technological events that boosted his career and net worth. Thus, his popularity was not an overnight business.
Chammillionaire’s family highly opposed the secular forms of music. On the other hand, he started participating in several music bands with his childhood friend Paul Wall. His younger brother, Rasaq Seriki, is an occasional wrapper. He also appeared as himself in three television shows in 2007: Punk’d, The Game, and Pimp My Ride, only one episode each.
Chamillionaire launched the Convos app in January 2018 as a medium for people to ask and respond through video calls. However, the app is available only for iOS users in the App Store as of now.
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Chamillionaire’s Career
Chamillionaire and Paul Wall appeared in Watt’s mixtapes after convincing Michael ‘5000’ Watts and joining the Swishahouse permanently. He started his own group, The Color Changin’ Click, with Paul Wall, and they again met in 2002 for their album ‘Got Ya Mind Correct.’
Universal Records and Chamillionaire Entertainment released ‘The Sound of Revenge,’ his first major solo release in 2005. The MTV Video Music Awards considered it the ‘Best Rap Video.’ He won the Best New Artist Award next year.
Including obscene language is too common in Western music, especially rap songs. However, Chamillionaire’s second mainstream album, Ultimate Victory, got released in September 2007 and had no profanity. He released the introductory piece of music for this album in July 2007 and Mixtape Messiah 4 the next year. He announced Mixtape Messiah 7 to be the final installment of the series.
Chamillionaire officially announced his departure from Universal Records in January 2011. Thus, he could not release any piece of music created during their partnership. He moved on to new series called ‘Playlist Poison,’ which was about to get released under another big label, not Universal Records.
Chamellionaire took a two-year break from music (from 2015 to 2017) and focused on entrepreneurship by getting involved with Upfront Ventures as an entrepreneur. His fans saw him for the last time in the single, Been Broke by Tobe Nwigwe in July 2022. No release dates got his music got announced after that.
Chamillionaire Net Worth
Chamillionaire’s Net Worth is $50 million as of June 2023. His music career contributes the most to his net worth, whereas his investments and the Chamillitary Entertainment company are the secondary sources for the same. He invested in Fly Rydes, a Texas-based auto dealer company, in 2003. Later, he founded a Tour Bus company in 2006 after releasing ‘The Sound Of Revenge.’
Chamillionaire founded Masterpiece Mind Frame and launched the Global Innovation Tournament in 2009. He invested $1.5 million in the Marker Studios which he had joined in 2014. The company sold itself in 2014 for $500, and the price could increase to $950 million if everything went well. However, Chamillionaire’s payout was around $20 million.
Chamillionaire invested in Cruise Automation, a startup in 2013, and Upfront Ventures in 2015. The former company sold itself to General Motors for $1 billion in 2016. Later, he invested in Lyft, Uber’s competitor.
In 2019, Chamillionaire invested $25,000 in a startup founded by a person of color or a woman. He again invested in the footwear company named Atoms in September 2019. He has also faced some financial losses in his career. He had to give his third mortgage property home back to the bank after paying around $2 million.
150000 copies of Chamillionaire’s album, Get Ya Mind Correct, got sold in the US in 2002, and he earned $150,000 through it. The Sound Of Revenge, his album released in 2005, got certified gold by RPI and platinum by RIAA. Accordingly, he earned $1,100,000 that year.
In the first week of release, 79,000 copies of Chamillionaire’s album, Ultimate Victory, got sold and provided him with $80,000 in 2007. The Huston home that he returned to the bank in 2010 had a market value of $1,985,000.
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