Why is Kodak Black Net Worth So Low?

Kodak Black is an American rapper and entertainer.

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The net worth of the popular rapper Kodak Black is reported to be 600,000 USD. You may be wondering why his net worth is so low even though he works in the music industry. After all, he both achieved success and fame. 

Continue reading to know some of the reasons why Kodak Black’s net worth is lower than you might expect.

Personal Life

Bill K. Kapri, or better known by his stage name Kodak Black, is an American rapper. He was born on June 11, 1997, in Pompano Beach, Florida. His father left them soon after he was born. He was raised solely by his mother.

Kodak and his mother moved to a nearby housing society in Golden Acres where many immigrants from Haiti also lived.

Kodak Black started rapping when he was young. In elementary school, he started going to a trap house to record music when school was over. When he was not immersed in music, he enjoyed reading dictionaries and thesauruses to expand his vocabulary.

Professional Career

Kodak Black began his career in the music industry at 12 years. He became a part of a rap group called Brutal Youngz, under the stage name J-Black. After that, he joined a local rap group called the Kolyons. In the year 2013, Kodak Black released his first mixtape “Project Baby.”

Kodak Black is most famous for his singles “Zeze,” ‘Roll in Peace,” “Tunnel Vision,” and “No Flockin.” 

His debut album titled “Painting Pictures,” went platinum and his next one called “Dying to Live,” was also a huge commercial success. He also had multiple No. 1 hits on the Billboard Hot 100. He really is one of the most talented young rappers of this generation.

Why is Kodak Black’s Net Worth So Low?

While Kodak Black achieved some success, he has not yet had the time to build up a large fortune since he is only relatively new to the music industry. What are the other reasons that his net worth is so low?

First, Kodak Black had been entangled in a few legal troubles. He has also spent time in jail on a number of occasions, which of course, didn’t permit him to earn money. 

Another reason is he is not signed to a major record label. Kodak Black is signed to an independent label, which means that he doesn’t have so much marketing and promotional resources that other entertainers have. 

In 2016, he was arrested on charges of false imprisonment, child neglect, and grand theft. In 2017, he was also arrested on drug charges. Because of these, he can’t keep a steady income.

Aside from his legal troubles, he is also known for not being practical in terms of his finances. In 2016, he was sued for failing to pay rent on his luxury apartment. He has also been accused of spending all his money on expensive cars and jewelry.

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