Profile
American Rapper
#96 in Rappers today
Kodak Black has a net worth of $8 million as of 2024. According to Forbes, he earns $2.1 million annually from this music royalties. If not for huge legal expenses and debts, Black’s net worth could have been much higher.
Legal Expenses
Kodak Black has been involved in numerous legal troubles throughout his career. These troubles have included charges of sexual assault, robbery, drug possession, and weapons possession.
As a result of his legal troubles, Kodak Black has spent time in prison and has paid out millions of dollars in lawyer fees, settlements, and court penalties.
Sexual Assault: In 2016, Kodak Black was charged with sexual assault in South Carolina. The charges stemmed from an incident in which he was accused of raping a high school student.
He was sentenced to 10 years in prison, but he was released after serving less than two years. He paid $1.5 million to the victim as part of the settlement to drop the charges.
It is estimated that Kodak Black has spent over $10 million on legal fees alone, which severely dented his net worth. He has been forced to cancel concerts and tours due to his legal problems.
He has also been dropped from record labels and endorsement deals, costing him an estimated $4 million more.
House Mortgage
Kodak Black’s lavish $6 million villa in Florida is reportedly facing foreclosure after the rapper defaulted on his mortgage payments.
The mansion, located in the gated community of The Summit, boasts over 12,000 square feet of living space, with nine bedrooms, 12 bathrooms, a home theater, a bowling alley, and a spa.
According to court documents, Kodak Black took out a $5.5 million mortgage on the property in 2018. However, he allegedly stopped making payments on the loan in early 2022.
The lender, Bank of America, has now filed for foreclosure, and a hearing is scheduled for later this month.
If the foreclosure proceeds, Kodak Black could be forced to sell the property at a loss. The current market value of the villa is estimated to be around $4 million, which is significantly lower than the $6 million that Kodak Black paid for it in 2018.
The foreclosure proceedings come as Kodak Black is facing a number of other financial challenges. The rapper has been sued by several creditors, and he is also reportedly behind on his taxes.
Kodak Black Net Worth 2024 (Forbes)
| Full Name | Bill Kahan Kapri |
| Net Worth | $8 million |
| Annual Income | $3 Million |
| Music Royalties | $1.6 Million |
| Earnings per Concert | $200,000 |
| Debts | $1.4 Million |
Top Earning Music
| Song/Album | Earnings |
|---|---|
| Tunnel Vision | $20 million |
| Transportin’ | $18 million |
| No Flockin | $15 million |
| ZEZE | $12 million |
| Super Gremlin | $10 million |