Nipsey Hussle‘s estate has finally received an estimate, and the appraised amount is finally in.
What We Know:
- According to records filed by his estate, Nipsey Hussle had vital assets at the time of his death. According to reports from TMZ, The late rapper’s belongings, which include the inventory of his trademark portfolio, shares of companies he owned, and personal items, are estimated to be assessed at a little over $4.1 million, $4,169,088.57 to be exact.
- During his lifetime, the self-made millionaire favored securing deals he could keep ownership of. The Marathon Clothing brand, of which he apparently owned 25% of the company, is priced at more than $270K.
- His record label All Money In No Money Out, Inc., established in 2010, was meriting more than $2M. Hussle’s première major-label release, Victory Lap, was filmed under that print in partnership with Atlantic Records.
- Hussle’s brands for his likeness, name, voice, signature, and other items are worth $913K, as stated by TMZ. Yet surprisingly, Hussle, born Ermias Asghedom, did not own real estate though it is unclear if there are real estate holdings owned by any of the entities named as part of the estate.
- According to Complex, Hussle’s companion Lauren London with whom he shared a 4-year-old son, Kross Ermias Asghedom, will control their son’s estate share. The other half will be managed by his family, who has guardianship of his daughter, 12-year-old Emani Asghedom, from a prior relationship.
- As previously reported by theGrio, Nipsey’s alleged killer, Eric Holder, will not be going to trial anytime soon. He must be back in court on Jan. 21 to see when the trial may continue, as it has already been postponed for at least 90 days due to the coronavirus pandemic.
Fans have still maintained his memory heavily by streaming his music on every platform and buying merchandise from his The Marathon Clothing store. The clothing line continues to come out with several releases throughout the seasons and quickly sells out online.
