Chamillionaire is an American musician, rapper, and entrepreneur. Chamillionaire’s net worth is $50 Million. In addition to his excellent singing career, he has amassed a sizable fortune through his many investing endeavours and his job as CEO of the entertainment company Chamillitary Entertainment.
Chamillionaire Early Life
Hakeem Seriki, better known as Chamillionaire, was born in Washington, DC. November 28th, 1979. When he was three years old, his family relocated to Houston, Texas. He went to Jersey Village High School, where he discovered rap music. Rasaq Seriki, Chamillionaire younger brother, is also a rapper.
Chamillionaire Age: 42 years
Chamillionaire Height: 1.78 m
Chamillionaire Net Worth: $50 Million
Chamillionaire Spouse: Deetra Seriki
Chamillionaire Siblings: Rasaq
Chamillionaire Full Name: Hakeem Temidayo Seriki
Chamillionaire Music Career
Seriki and fellow rapper and buddy Paul Wall were advertising at an event when they encountered Michael “5000” Watts, a prominent mixtape DJ active in the Houston region. He gave them the stage name “Chamillionaire.” They offered to assist Watt’s firm Swishahouse in promoting it, as well as convincing him to allow them freestyle on an opener to his radio programme on Houston hip-hop station KBXX-FM. Watts included their freestyles on one of his mixtapes, and they quickly established themselves as regulars in the Houston rap scene and mixtape circuit.
The Color Changin’ Click was founded by Seriki and Wall. The team also collaborated on the 2002 album “Get Ya Mind Correct,” which sold over 150,000 copies. The record was nominated for independent album of the year by The Source Magazine in 2002. Then they began to create a name for themselves, with the Color Changin’ Click also appearing at the SXSW music festival in 2004.
Seriki’s solo first album “The Sound of Revenge” was released in 2005 by Chamilitary Entertainment and Universal Records. It was certified platinum by the RIAA after debuting and peaking at No. 10 on the Billboard 200 list in the United States. The album also yielded the breakthrough tune “Ridin’,” which peaked at No. 1 on the Billboard Hot 100 and earned him the Grammy Award for Best Rap Performance by a Duo or Group in 2007.
Seriki’s second studio album, “Ultimate Victory” (2007), included guests like as UGK, Lil Wayne, Devin the Dude, and Lloyd. He had planned to release a third album named “Venom” in 2011, however the project was finally shelved when he broke relations with Universal Records. In March 2012, he released the EP “Ammunition,” and a third album, “Poison,” was set to be released in 2013. However, it is yet to be launched as of February 2020.
Seriki’s multiple mixtape efforts have been hugely popular in addition to his studio albums. In 2004, he published “The Mixtape Messiah,” a mixtape with 61 tracks spread across three CDs that is the longest and most purchased mixtape in Texas history. It was also the first mixtape in the Mixtape Messiah series, which would become one of his most famous and anticipated productions.
The series consisted of seven mixtapes, with releases in 2005, 2007, 2008, and 2009. Seriki launched a new mixtape series called “Major Pain” in 2009, with the first CD released in February 2010. In April 2011, Chamillionaire released the second episode of “Major Pain. It was followed by the mixtapes trio “Badazz Freemixes,” “Badazz Freemixes 2,” and “Badazz Slowmixes.”
Chamillionaire Business and Investments
Chamillitary Entertainment, his own musical label, came up in 2004. As an artist, he is signed alongside Lil Ken and Troy Henry. Yung Ro, 50/50 Twin, and Seriki’s younger brother Rasaq are all former musicians. The label has over 20 releases, including mixtapes and albums. Chamillitary Entertainment was previously distributed by Universal Records, but has been independent since Seriki’s departure from the big label in January 2011.
Seriki invested in Fly Rydes, a Houston-based vehicle dealer, in 2003. The firm focuses on automotive customization, which he says is quite popular in Texas. Seriki also established the modelling firm Masterpiece Mind Frame. In 2009, Seriki and Quincy Jones III co-founded the Global Innovation Tournament as part of the Stanford Entrepreneurial Thought Leaders Seminar Series.
In 2009, Chamillionaire also invested in Maker Studios, an online video talent network bought by Disney for $500 million. Seriki’s first ever investment in Maker Studios was $1.5 million, and he allegedly received more than $20 million from the sale. Chamillionaire also began working with Maker Studios founder Mark Suster, a managing partner at venture capital Company Upfront Ventures, who helped him get named as the firm’s entrepreneur in residence in 2015. He has subsequently taken a step back from music, focusing more on his entrepreneurial endeavours.
Seriki’s other projects include a 2013 investment in self-driving automation software startup Cruise Automation, which was a highly successful investment because the business was sold to General Motors in 2016 for more than $1 billion. In May 2019, Chamillionaire and rapper E-40 announced a $25,000 investment in a firm started and managed by a woman or person of colour. They invested in Atoms, a footwear firm that sells shoes in quarter sizes, in September of that year.
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