Tupac Net Worth: $200 Thousand (approx.)
|Net Worth:||$200 Thousand (approx.)|
|Date of Birth:||Jun 16, 1971 – Sep 13, 1996 (25 years)|
|Height:||5 ft 9 in (1.76 m)|
|Profession:||Record producer, Poet, Songwriter, Social activist, Rapper, Actor, Dancer, Screenwriter, Writer|
|Nationality:||United States of America|
Tupac net worth was around $200 thousand at the time of his death in 1996. Tupac was a famous American rapper and actor.
Tupac Net Worth 1996: What was Tupac Net Worth?
Tupac/2Pac net worth was around $200 thousand at the time of his death in 1996. Tupac was A hugely successful rap artist and actor, Tupac was known for his political and socially conscious lyrics.
So far, he has sold more than 75 million records internationally. Tragically he was murdered in Las Vegas in 1996 at the age of 25 in a crime that is still not solved today.
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Tupac’s Financial Problems Before Death:
Despite selling $60 million worth of albums in 1996 alone, Tupac’s finances were mismanaged at the time of his death. Within weeks of his death, a forensic lawyer would discovered that Tupac had very little to show for his enormous success. He owned no real estate, had no retirement accounts, no stocks.
He did not own the Woodland Hills mansion he lived in at the end of his life. His primary assets were a five-figure life insurance policy which went to his half-sister, two cars and a single checking account that contained $105,000. Court fees and taxes consumed all of those assets in short order.
The only asset of value that Afeni Shakur received from her son’s estate soon after his death was a Mercedes Benz SL 500.
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Tupac was born as Tupac Amaru Shakur on June 16, 1971 in New York City. Tupac started his music career as a roadie, backup dancer, and MC for the alternative hip hop group Digital Underground. He became an international music sensation after launching a solo career.
During his life, Tupac released four studio albums; 2Pacalypse Now (1991), Strictly 4 My N.I.G.G.A.Z. (1993), Me Against the World (1995) and All Eyez On Me (1996). The 1996 album Makaveli: The Don Killuminati: The 7 Day Theory was released posthumously.
Many more albums would eventually be released after his death. Tupac was deeply connected to the so-called East Coast/West Coast hip hop rivalry during the latter part of his career. He was often engaged in conflicts with other rappers, producers and record-label staff members, most notably with Notorious B.I.G., Puff Daddy and their Bad Boy Records label.
Most people believe that this rivalry with B.I.G. and Diddy is what ultimately resulted Tupac being shot multiple times in a drive-by shooting in Las Vegas, Nevada on September 7, 1996. He passed away six days later.
Today Tupac is one of the best-selling music artists in the world. He was most appreciated for using politically and socially conscious themes in his songs sometimes initiated by his family experiences.
His mother was a member of the Black Panther Party. Tupac was also an actor who appeared in several movies including 1992’s Juice and 1993’s Poetic Justice.
Technically speaking, Tupac was $4.9 million in debt to his record company Death Row when he died. Because he died without a will, Afeni took control of the estate. She would eventually sue Death Row for withholding royalties and failing to deliver advances promised under his contract.
Death Row denied the claims, saying the Tupac’s financial problems were a result of his lavish spending habits. The company produced records showing that in the year preceding his death, Death Row loaned Tupac millions of dollars to fund his lifestyle. The company lent him several hundred thousand dollars to buy himself cars and rent several homes for himself and family members.
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Death Row also paid a $300,000 tab that Tupac had wracked up at a single Los Angeles hotel. The label also fronted a monthly $16,000 payment that Tupac arranged to support his mother. Finally, the label fronted $2 million to cover Tupac’s album and video costs related to the album “Makaveli: The Don Killuminati”.
When Tupac’s mother threatened to forbid the release of that album until the financial issues were solved, Death Row’s distributor Interscope Records immediately paid his estate $3 million.
Interscope also agreed to pay his estate $2 million in one year and to increase his royalty rate from 12% to 18%. Furthermore, Interscope forgave half of the $4.9 million debt that Death Row claimed it was owed. Jimmy Iovine was instrumental in ironing out an amicable resolution at a very tense time.
Over the next decades, Tupac’s estate would earn millions of dollar from the posthumous release of Tupac albums, merchandise sales and various other forms of image licensing.
Tupac Shakur attended the Bruce Seldon vs. Mike Tyson boxing match with Marion “Suge” Knight, the head of Death Row Records, at the MGM Grand in Las Vegas, Nevada. After leaving the match, one of Knight’s associates, Travon “Tray” Lane, a member of the M.O.B. Pirus gang based in Compton, California, spotted Orlando “Baby Lane” Anderson, from the rival Southside Crips gang, in the MGM Grand lobby.
In May 1996, Anderson and a group of Southside Crips attempted to rob Lane in a Foot Locker store. Lane told Shakur, who in turn attacked Anderson in the lobby. Shakur asked Anderson if he was from the “South” (Southside Crips) and punched him in the face, knocking him to the ground. Shakur and Knight’s entourage assisted in assaulting Anderson.
At 11:00–11:05 p.m. (PDT), Tupac and Knight were halted on Las Vegas Boulevard by officers from the Las Vegas Metropolitan Police Department Bike Patrol for playing the car stereo too loudly and not having license plates. The plates were found in the trunk of Knight’s car. The party was released a few minutes later without being cited.
At 11:10 p.m. (PDT), while they were stopped at a red light at the intersection of East Flamingo Road and Koval Lane in front of the Maxim Hotel, a vehicle occupied by two women pulled up on their left side. Shakur, who was talking through the window of his brand new 1996 BMW 750iL sedan, exchanged words with the two women, and invited them to go to Club 662.
At 11:15 p.m. (PDT), a white, four-door, late-model Cadillac pulled up to Knight’s right side. The shooter, seated at the back of the Cadillac, rolled down the window and rapidly fired gunshots from a .40 S&W Glock 22 at Shakur’s BMW. Shakur was hit four times – twice in the chest, once in the arm, once in the thigh. One of the bullets went into Shakur’s right lung. Knight was hit in the head by fragmentation.
Bodyguard Frank Alexander stated that when he tried to ride along with Shakur in Knight’s car, Shakur asked him to drive Jones’s car instead, in case they needed additional vehicles from Club 662 back to their hotel. Alexander reported in his documentary, Before I Wake, that shortly after the assault, one of the convoy’s cars followed the assailant but he never heard from the occupants.
Despite Knight’s injuries, and his vehicle having a flat tire, he was able to drive Shakur and himself a mile from the site, to Las Vegas Boulevard and Harmon Avenue. They were again pulled over by the Bike Patrol, who alerted paramedics through radio.After arriving on the scene, police and paramedics took Knight and Shakur to the University Medical Center of Southern Nevada.They were pulled over just a short distance from the MGM Grand, where their evening had begun.
Tupac Shakur was shot on September 7, 1996, in a drive-by shooting in Las Vegas, Nevada. He was 25 years old. The shooting occurred at 11:15 p.m. (PDT), when the car carrying Shakur was stopped at a red light at East Flamingo Road and Koval Lane.
Tupac was struck by four .40 caliber rounds fired from a Glock: two in the chest, one in the arm, and one in the thigh. Tupac died from his wounds six days later.
Who killed Tupac Shakur?:
In 2002, the Los Angeles Times published a two-part story by Chuck Philips, titled “Who Killed Tupac Shakur?” based on a detailed investigation. Philips reported that “the shooting was carried out by a Compton gang called the Southside Crips to avenge the beating of one of its members by Shakur a few hours earlier. Orlando Anderson, the Crip whom Shakur had attacked, fired the fatal shots. Las Vegas police considered Anderson as a suspect and interviewed him only once, briefly. Anderson was killed nearly two years later in an unrelated gang shooting.”