Lil Boosie net worth: Lil Boosie is an American rapper who has a net worth of $500 thousand dollars. Lil Boosie was born Torrence Hatch on November 2, 1982 in Baton Rouge, Louisiana. The neighborhood where Boosie was raised was extremely dangerous. Local police were frequently too scared to even come near the neighborhood. Boosie grew up father-less after his dad was murdered. Boosie began rapping when he was just 14 years old as a release from the violence he saw every day and from living in an unstable home. He released his first studio album in 2000 and has since gone on to release a total of five studio albums with a sixth expected sometime in 2014. His first album, 2000′s "Youngest Of Da Camp", reached #96 on the Billboard R&B charts. His second album was 2002′s "For My Thugz". His third album, 2006′s "Bad Azz" reached #1 on the Billboard rap charts. In 2008, Boosie launcehd his own record label, Bad Azz Entertainment He released his fourth album, "Incarcerated" from jail after being arrested on drug charges. While in prison, Boosie also earned his GED. He is expected to be released sometime in 2014. Boosie is married to his long time girlfriend Walnita Decuir-Hatch and they have three children together, a boy and two girls.