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Coolio Net Worth: How Did Much Rich the Grammy-Winning Rapper Coolio Have a High Net Worth Prior to His Untimely Death?

For the decade of the 1990s, Coolio was among the most consistently successful rap artists. Many people are recalling his effect on the black community and the hip-hop industry in the wake of his sudden death.

Famous rappers and hip-hop artists like Snoop Dogg, Ice Cube, and even MC Hammer sent their condolences online. Actress Michelle Pfeiffer, who knew the California rapper for a long time, has also expressed her sorrow.

Coolio, whose real name is Leon Ivey Jr. and who was born in Pennsylvania in August 1963, is a hip-hop artist. When he was a young man, he and his family relocated to California, and he enrolled at Compton Community College. He used to be a volunteer fireman and a security marshal at LAX before he got into rap music.

Famous among Coolio’s albums is “Gangsta’s Paradise,” from which came the Grammy Award-winning hit of the same name.

Early Life

coolio net worth

Coolio’s real name is Artis Leon Ivey Jr., and he was born in Compton, California, on August 1, 1963. Jackie, his mother, was a factory worker, and Artis Sr., Coolio’s father, was a carpenter; they split up when he was 11 years old.

Asthma episodes forced him to stay inside frequently as a kid, so he read extensively. Due to his difficulties adjusting to his parent’s separation, Coolio joined the Baby Crips and began carrying firearms to school at a young age. He was accused of stealing when he was just 17 years old and spent many months behind bars as a result.

After enrolling at Compton Community College, Coolio became active in the local hip-hop scene, entering battles under the name “Coolio Iglesias.” This eventually led to frequent airplay on the Los Angeles radio station KDAY. Substance abuse was stifling his musical potential, so he entered treatment. After completing rehabilitation, Coolio held a variety of jobs, including those in the fire department and airport security, as he pursued his rap career.

What was Coolio’s Net Worth?

Net Worth$1.5 Million
Age59 Years Old
Annual Salary$250,000 Per Year
Last Updated2022

When he passed away, Coolio had a net worth of $1.5 million. He was a Grammy-winning American rapper and actor. Sadly, Coolio passed away on September 28, 2022, at the age of 59. Throughout the ’90s, Coolio represented all that was cool about hip-hop. The publication of his first hit, “Fantastic Voyage,” in 1994 catapulted him to fame. Like his previous track, “Gangsta’s Paradise,” which also premiered at number one, it became an immediate smash in 1995.

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Career in Music

coolio net worth

The late 1980s saw Coolio releasing the singles “Whatcha Gonna Do?” and “What Makes You Dance (Force Groove),” and the early ’90s saw him joining the group WC and the Maad Circle, who would go on to release the album “Ain’t a Damn Thing Changed” in 1991. In 1994, he was signed to Tommy Boy Records, and in July of that year, his debut solo album, titled “It Takes a Thief,” was published.

The album was awarded Platinum in the US and Canada and the single “Fantastic Voyage” was certified 2x Platinum by the RIAA and peaked at #3 on the “Billboard” Hot 100.

The song “Gangsta’s Paradise,” which Coolio and R&B artist LV recorded for the movie “Dangerous Minds,” was 1995’s best-selling single on the “Billboard” Hot 100, earned Coolio a Grammy, and was ranked among “Billboard’s” Greatest Songs of All Time, VH1’s 100 Greatest Songs of Hip Hop, and “NME” magazine’s 100 Best Songs of the 1990s.

After much deliberation, Coolio decided to name his second album after the song “Gangsta’s Paradise,” which helped the album reach the top 10 of the charts in the United States, Austria, Germany, the Netherlands, New Zealand, and Switzerland, and ultimately achieve 2x Platinum certification in the United States.

The album was rated Platinum, and it yielded the songs “Too Hot” and “1, 2, 3, 4 (Sumpin’ New),” however Tommy Boys Records withdrew Coolio from the label since “My Soul” didn’t do as well as their prior releases. The albums “Coolio.com” (2001), “El Cool Magnifico” (2002), “The Return of the Gangsta” (2006), “Steal Hear” (2008), and “From the Bottom 2, the Top” (2011) followed (2009).

Music from Coolio may be included on the soundtracks of various films, including Clueless (1995), Space Jam (1996), Eddie (1996), and Nothing to Lose (1996). (1997).

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Film and Television Career

coolio net worth

Coolio made his acting debut in a 1995 episode of “The Parent ‘Hood,” and he went on to appear in numerous shows and movies throughout the 1990s, including “Batman & Robin,” “Space: Above & Beyond,” “Sabrina the Teenage Witch,” “Duckman,” “Muppets Tonight,” and “The Nanny” (2017).

Awards and Nominations

coolio net worth

Coolio has been nominated for six Grammys and won Best Rap Solo Performance for “Gangsta’s Paradise” that same year. He also won the 1996 American Music Award for Favorite Rap/Hip Hop Artist and was nominated again in 1997. In 1996, he won three MTV Video Music Awards: Best Rap Video, Best Video from a Film, and Best Dance Video.

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Personal Life

coolio net worth

Coolio was married to Josefa Salinas from 1996 until 2000; he also had children with four other women; he was a spokesman for the Asthma and Allergy Foundation of America, and he was a spokesperson for the Environmental Justice and Climate Change organizations alongside saxophonist Juarez.

In 2013, Coolio was charged with misdemeanor domestic battery for allegedly punching his girlfriend of three years in the face during an argument that erupted after he brought another woman home, and a federal court entered a default judgment against him after he was sued by a woman for jumping on her back and bull-riding her.

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