Lil Kim Net Worth
Lil Kim net worth: Lil Kim is a New York-born rap artist and actress who has a net worth of -$2 million dollars. Lil Kim Was was born Kimberly Denise Jones on July 11, 1974 in Brooklyn New York. Lil Kim rose to fame as part of the rap group Junior M.A.F.I.A. in the mid 90s, and then went solo. Her debut album "Hard Core" was certified double platinum and eventually went on to sell more than 4.5 million copies around the world. Her subsequent three releases also went platinum. Her fourth studio album was released in 2005, and her fifth is set for release some time in the future. She has also participated in a number of highly successful music tours including two headlining tours of her own. To date, Kim has sold more than 12 million albums globally as a solo artist. She was also a featured singer on the 2001 remix of "Lady Marmalade" which sold over five million copies as a single world wide and was one of the highest selling singles of all time. During her career, Lil Kim has won two Billboard Music Awards, a Grammy, three MTV VMAs and two Soul Train Awards. In February 2014, the 39 year old Lil Kim announced that she was pregnant. She gave birth to her first child Royal Reign in June 2014. As an actress Lil Kim has appeared in several films including She's All That, Zoolander, Juwanna Mann, You Got Served, Superhero Movie, and more. Her debut album Hard Core reached #3 on the US R&B chart and #11 on the Billboard 200 chart. Lil Kim's album The Notorious K.I.M. was released in 2000 and reached #1 on the US R&B chart and #4 on the Billboard 200 chart. Her album La Bella Mafia was released in 2003 and reached #4 and #5 on those charts respectively, and her album The Naked Truth was released in 2005 and reached #3 and #6 on the same charts.
Bankruptcy: On June 12, 2018, Lil Kim filed for Chapter 13 bankruptcy in New Jersey. According to the court filing, Kim had recently lost her sprawling 6000 square foot $3 million mansion in a gated community in Alpine, New Jersey to foreclosure. She reportedly owes $1.5 million in back taxes to the federal government and $667,000 in late mortgage payments. She has a total of $4 million in debt and $2.5 million worth of assets including a 2005 Bentley that's worth $50,000, a 2000 Mercedes worth $4,200 and jewelry worth $25,000. The filings show that Kim earned $823,000 in 2016 and $398,000 in 2017. Her average monthly earnings come to $18,000, but sh reportedly spends $10,000 per month on travel, $6600 on her mortgage, $2200 per month on wardrobe and $2300 on staff.