American composer, rapper, and record producer, Jermaine Dupri has an estimated net worth of $2 million.
Born in Asheville, North Carolina, on September 23, 1972, Jermaine Dupri Mauldin is an American rapper. Columbia Records exec Michael was his father’s boss. It all started when Jermaine was a kid. In 1982, Dupri’s father organized a Diana Ross concert in Atlanta, and the youngster stepped up on stage and danced with the superstar. In just a few years, when he was 12, he began dancing with Whodini, a hip-hop group. “Freaks Come Out at Night” was one of his many appearances in the band’s 1980s music video. The Atlanta native began producing and dancing with Run DMC and Grandmaster Flash while still a youngster.
Silk Tymes Leather was a female rap group formed in 1990 by 18-year-old Jermaine Dupri. Even though the record was a commercial failure, Jermaine gained a lot of experience. After discovering two young rappers in a nearby mall, Dupri had his first big break. On his debut album titled “Totally Krosed Out,” Jermaine Dupri produced Kriss Kross’ hit singles “Jump” and “Warm It Up,” which he also wrote and produced himself. In 1993, Jermaine Dupri founded his own record label, So So Def. The female R&B trio Xscape was discovered and signed by Dupri not long after the founding of his own label, So So Def. All three of their top hits from their platinum-selling debut album “Hummin’ Comin at ‘Cha,” “Understanding,” “Tonight,” and “Just Kickin’ It,” were produced solely by him. During the same year, he recruited Da Brat to his record company and issued her debut album, “Funkafied.” For the first time ever, a female rapper has sold more than one million records worldwide. Dupri has worked with a wide range of artists, including Jay-Z, Lil Bow-wow, Boys II Men, and many more, all while being a member of So So Def.
A total of 20 gold and platinum records were eventually achieved by So So Recordings. Dupri and Mariah Carey collaborated on “Always Be My Baby” for the first time in 1995. For Lil’ Kim, he also produced “Not Tonight” on her album, “Hard Core.” Usher, Monica, Destiny’s Child, Lil Wayne, and Weezer are just a handful of the artists who have worked with JAY-“Life Z’s in 1472” producer Jermaine Dupri throughout the 1990s.
Dupri collaborated with Usher and Mariah Carey on “The Emancipation of Mimi” in the early 2000s. Aside from Boys II Men, he’s collaborated with Bow Wow and Nelly as well as Nelly again
His memoir, “Young, Rich, and Dangerous: The Making of a Music Mogul,” was published October 2007 by Dupri.
Dupri collaborated with Queen Latifah on “The Rap Game” in 2015. Lifetime premiered the show on New Year’s Day, 2016. Young rappers ages 11 to 16 were mentored by the likes of Jermaine Dupri, Usher, T.I., Ludacris, and more on the show.
In 2018, the Nashville Songwriters Hall of Fame inducted Dupri into its membership. Jermaine Dupri & So So Def, 25 Years Of Elevating Culture, an exhibit at the Grammy Museum in Los Angeles, highlighted the duo the same year.
Jermaine Dupri dated Janet Jackson from 2002 to 2009, while they were both in their early 30s.
— Jermaine Dupri (@jermainedupri) March 1, 2022
A lady named Pam Sweat, whom he dated when he was 25, and with whom he became pregnant just weeks after they met, is the mother of his daughter, Shaniah Mauldin.
Jalynn Jones was born to him and Sarai Jones. Fulton County Superior Court issued an order that indicated Dupri had to pay Jones an additional $7,500 based on a paternity test that was performed in 2011.
As a supporter of PETA, Jermaine Dupri encouraged his fans to “FEEL THE BEETS.” Remove the meats from your diet.
Although Jermaine Dupri had a net worth of $60 million in 2006 and an income of $11 million in 2008, he has run into financial difficulties. Approximately $183,000 in overdue taxes were levied on him in 2008, with the total amount due from 2003 to 2005 estimated at $2.5 million. Despite his original tax bill of just $254,782.64, Jermaine Dupri was required to pay $493,818.75 in taxes in 2012. After he failed to file a 2007 tax return, the penalties were increased by interest.
Defaulting on a $5 million loan that Dupri had taken out three years earlier, SunTrust Bank sued him in 2013. For the sake of settling a bank debt, Jermaine Dupri put up the song copyrights owned by his record company, So So Def. This meant that Dupri had to sell off his recording studio and his So So Def music collection to the bank.
It was said that Dupri’s studio was worth $2.5 million and his music library was worth $20 million when he countersued the bank. Damages and legal bills totaled at least $216,000, he claimed. When the case was settled in June of this year, a judge ordered Dupri to pay SunTrust bank $1,820,593.10 in damages. For a total of $2,045,739.90, the compelled payment included interest in the amount of $225,146.80.
Due to a May 29, 2018, lien, Dupri was accused of failing to pay $575k in overdue taxes. In 2012, 2014, and 2015, he is accused of failing to pay income taxes. The Georgia Department of Revenue says that Dupri owes $578,638 in taxes.
Foreclosure procedures were started on his Atlanta property in 2011. Initially, the foreclosure process was put on hold, but in 2012, the process was revived. It was auctioned off when Dupri defaulted on the $2.5 million debt he had taken out on the home. It appears that his property in Atlanta’s Mount Paran neighborhood, which had been offered for foreclosure as early as December 2012, was likewise forfeited in 2014.