Unveiling the Incredible Wealth of Eazy-E in 2021!
Eric Lynn “Eazy-E” Wright is a legendary figure in the world of hip-hop, and his influence on popular culture has been undeniable and far-reaching. He was one of the founding members of the hip-hop and rap group N.W.A, and is widely regarded as the “Godfather of Gangsta Rap”. While he tragically passed away in 1995, his passion and creativity have left a lasting impact, and his legacy lives on through his music, business ventures and investments.
Early Life and Career
Eric Wright was born in Compton, California on September 7, 1964. He had a tough upbringing, growing up in a neighborhood notorious for its gang violence, and was heavily influenced by the gang culture that surrounded him. He dropped out of high school in the tenth grade and got involved in the drug dealing business, eventually making quite a bit of money from it.
In 1986, Eazy-E co-founded the pioneering rap group N.W.A, which is often credited for pushing gangsta rap into the mainstream. The group released their critically-acclaimed debut album, Straight Outta Compton, which quickly became a massive success. The album was an unprecedented success, going triple platinum and producing the hit single “F*** tha Police”.
Eazy-E’s Impressive Business Ventures
In addition to his music career, Eazy-E was also a savvy businessman. He founded his own record label, Ruthless Records, in 1989 and began signing several up-and-coming acts, such as Bone Thugs-N-Harmony, who went on to have great success. He also became an early investor in the GPS technology company, TomTom, and an early investor in the popular social media platform Twitter.
Eazy-E was also a pioneer in the world of digital music distribution, as he was one of the first rap artists to make his music available for download on the now-defunct MP3.com in the early 2000s. He was also one of the first rap artists to launch his own streaming service, Eazy-E Music, in 2001.
Eazy-E’s Financial Legacy
At the time of his death in 1995, Eazy-E had accumulated a sizable fortune from his music and successful business ventures. His estimated net worth at the time of his death was $8 million.
Today, Eazy-E’s estate should have seen a substantial increase in value due to the success of Ruthless Records and his investments. The Ruthless Records label is still operational and is estimated to be worth around $50 million. His early investment in TomTom was especially lucrative and should have earned him millions over the years.
Eazy-E’s Posthumous Income
While Eazy-E is no longer with us, his influence and music will live on forever. His estate has continued to generate income from his posthumous releases, royalties from his music sales and streaming services, and from merchandise sales.
In 2013, the documentary film Straight Outta Compton was released, which was based on the formation and legacy of N.W.A. The film earned over $201 million at the box office and netted Eazy-E’s estate millions of dollars in royalties and profits. In 2019, Netflix announced that they had acquired the rights to the Straight Outta Compton documentary and was planning to stream the film on their platform.
Eazy-E’s Final Years
Eazy-E started to feel ill in 1993 and was diagnosed with AIDS in 1995. His health deteriorated quickly and he passed away at the age of 31 in March of 1995.
In 1992, Eazy-E had signed a contract with Priority Records to release one solo album, It’s On (Dr. Dre) 187um Killa. The album was released posthumously in 1995 and went on to become certified double platinum. The success of the album further solidified Eazy-E’s legacy as one of the greatest hip-hop artists of all time.
Eazy-E’s Family and Personal Life
Eazy-E was married twice and fathered 7 children. At the time of his death, he was married to Tomica Woods-Wright, who is the current president of Ruthless Records.
Eazy-E was an influential and generous philanthropist. He was a strong supporter of the youth of Compton, and made numerous donations to local schools, churches, and other organizations. He was also a major supporter of AIDS research and was an early advocate for AIDS awareness.
Eazy-E’s legacy still lives on today, and even 25 years after his death, he is still widely regarded as one of the most influential voices in rap and hip-hop. His estate is still managed by his wife and his children, and his legacy still continues to live on through his music, business ventures and investments.
Eazy-E’s music and influence will be remembered for generations to come, and his incredible wealth and success remain an inspiration for entrepreneurs and music lovers everywhere.
Eric Lynn “Eazy-E” Wright was a pioneering rap artist, entrepreneur and philanthropist whose influence and creativity have left an indelible mark on hip-hop culture. He was a savvy businessman and investor who accumulated a sizable fortune through his music and business ventures. Although he tragically passed away in 1995, his legacy continues to live on and his music, investments and business ventures are still generating significant income for his estate.
Eazy-E is without a doubt one of the most influential rappers and entrepreneurs of all time and his incredible wealth serves as a testament to the power of his vision and imagination.
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