J Cole Net Worth: Lifestyle & Charity
One of the most influential American rappers, singers, songwriters,s and record producer J Cole’s net worth is $60 million.
His most recent studio album was released on May 14, 2021.
Cole primarily gained recognition as a rapper following the release of his mixtape in The Come Up.
With the determination to pursue a career in music, he released two more mixtapes, The Warm Up and Friday Night Lights. Both mixtapes were critically acclaimed.
His debut studio album was Cole World: The Sideline Story, released in 2011. The album debuted at number one on the US Billboard 200.
Similarly, he has numerous chart-topping albums and singles to his name.
Cole’s fifth studio album released in 2008 KOD became the fifth number one album on the billboard 200 and featured a then-record six simultaneous top 20 hits on the Billboard Hot 100 tying The Beatles.
All of his five albums have been certified platinum by RIAA and Revenge of the Dreamers III.
Cole has won Grammy Awards, Billboard Music Awards, eight BET Hip Hop Awards, and many more.
Early Life
Jermaine Lamarr Cole was born on January the 28th, 1985, at an American military base in Frankfurt, West Germany.
His father worked for the U.S Army, who is of African-American descent and his mother Kay served as a postal worker for the U.S Postal Service.
Also, His father, however, later abandoned the family. His mother moved with him to the United States to Fayetteville, North Carolina, when he was just eight months old.
Until 2003 he served as a first-chair violinist for the Terry Sanford Orchestra.
Quick Facts
Birth Name | Jermaine Lamarr Cole |
Nickname | J Cole |
Date of Birth | Jan 28, 1985 |
Birth Place | American military base in Frankfurt, West Germany. |
Age | 39 years old |
Sun Sign | Aquarius |
Profession | Rapper, Song Writer, Record Producer |
Nationality | American |
Ethnicity | Mixed |
Height | Feet – 6 feet 2 inches Centimeters – 188 cm Meters – 1.88 m |
Weight | Kilograms – 64 kg Pounds – 141 lbs. |
Body Build | Athletic |
Eye Color | Dark Brown |
Hair Color | Black |
Sexuality | Straight |
Shoe Size | 10 (US) |
Spouse | Melissa Heholt (m.2015) |
Mother | Kay Cole |
Father | Unknown |
Children | 2 |
Siblings | Zach Cole |
Chest size | 42 inches |
Waist size | 33 inches |
Arms/Biceps size | 13 inches |
Social Media | Facebook, Instagram, Twitter, Spotify, YouTube |
Last Update | November, 2024 |
Net Worth and Income
One of the most prominent and powerful rappers in the current music industry J. Cole has a net worth of a staggering $60 million as of 2024.
Music is the major source of income Cole not only earns from record sales, but the digital stream contributes a huge part of his income.
In fact, J Cole broke the one-day Spotify’s streaming record with a total of 62 million streams.
Cole boasts over 25 million monthly streams on Spotify. Spotify pays $.00437 per stream to the artist.
Which totals to about $110,000 per month just from Spotify.
Similarly, music artists as big as Cole has numerous streaming platforms and millions of monthly listeners.
Other than Spotify Cole earns from YouTube, Apple Music, Tidal, and many more.
Apart from digital music streams, Cole earns from live shows, concerts, and tours worldwide.
In addition to that primary source of income to the rapper is record sales. He is one of the best-selling artists.
Let’s look at the rappers past earnings by year
Year | Earnings |
2019 | $30 million |
2018 | $36 million |
2017 | $19 million |
2016 | $14 million |
2015 | $11 million |
2014 | $7 million |
Total | $117 million |
J Cole earns about $30 million each year on average.
Besides that, J Cole has his own record label, Dreamville Records, which currently distributes through Interscope Records.
He founded the record label partnering up with his manager Ibrahim Hamad.
Net Worth of J Cole in Different Currencies
Let’s have a look into J Cole’s net worth in different currencies as of November, 2024.
Currency | Net Worth |
Euro | € 50,886,300 |
Pound Sterling | £ 43,886,100 |
Australian Dollar | A$ 81,885,540 |
Canadian Dollar | C$ 76,492,500 |
Indian Rupee | ₹ 4,493,685,000 |
BitCoin | ฿ 2,022.95 |
Houses and Cars
Houses
Not much is known about the house of the rapper and its whereabouts. But reportedly, Cole owned a house in Forest Hills Drive in Fayetteville, North Carolina.
Forest Hills Drive in Fayetteville, NC
This was the first-ever house J Cole purchased for an undisclosed price. The house has descent four bedrooms and formal dining rooms, a kitchen, and bathrooms.
Moreover, J Cole gives this property to those who are struggling for two whole years.
The idea is every two years; a new family moves into the house nearly free of rent.
He gives them two years to live in the house, and hopefully, they’ll be in a much better position by the time they leave.
Ford Mustang GT
This customized Ford Mustang GT features a 5.0-liter V8 engine that pumps over 400 brake horsepower and 625 pound-feet of torque.
It can reach the top speed of 160 miles an hour. Not faster than his Bugatti Veyron, but still a wind fast.
The price of the starts from over $35,000. The car can go from 0-60 miles an hour in 4.2 seconds.
One time rapper Lil Pump covered the car with 10,000 post-it notes inscribed with hateful messages.
Bugatti Veyron
J Cole is a proud owner of the world’s fastest street-legal car Bugatti Veyron. It has a top speed of 250 miles an hour.
The hypercar comes equipped with an 8.0-liter quad-turbocharged W16 cylinder engine which pumps 1001 brake horsepower and 1250 pound-feet of torque.
It can go from 0-60 miles an hour in just 2.6 seconds. Cole splashed a cool $2.5 million for this beast.
Bentley Continental GT
The exotic sedan costs $202,000. It is equipped with a 6.0-liter W12 engine with an all-wheel-drive car. The car comes with 8-speed automatic transmission.
It has a top speed of 301 km per hour and can reach from 0-100 in 5 seconds.
Lifestyle and Vacations
Lifestyle
We all have our essentials to get by in life.
Without being too materialistic, there are definitely some material items that every person just can’t live without.
For J. Cole, his daily routine wouldn’t be complete without a few key possessions.
There’s the typical like cash and Hennessy, but Jermaine also holds his notepad and reading material close to his heart.
He always carries at least four books in his bag pack every day.
Similarly, he does not like to call himself a sneakerhead, but he does have an impressive collection of sneakers.
His collection includes Reebok Question, Nike Air Griffey Max I Black/Red, Nike Air Penny III White/Blue, Air Jordan XI “Columbia,” Nike Air Penny I Black/Blue, Air Jordan XII Black/Red, and Air Jordan XI Black/Red.
Furthermore, J Cole lives a humble lifestyle, and unlike other rappers, he does not like showing off his flashy jewelry and huge mansions.
Vacations
J Cole is absolutely passionate about his work and every aspect of his line of profession.
SO due to his great passion for work, he hardly gets time for vacations.
But though he does not plan vacations personally, he still manages to satisfy his desire to travel via traveling out for work.
He frequently travels for his concert and tours.
Charity
Cole is the kind of person who likes to give back to the community. He has not overlooked where he came from and knows how it feels to not have.
First and foremost, J Cole has his own charitable foundation named Dreamville Foundation, a non-profit organization with the objective to provide special opportunities to the youths within his hometown of Fayetteville, North Carolina.
The foundation is primarily funded by his own record label Dreamville Records.
Similarly, He lends his house in his hometown, where he lived as a child to struggling families without rent for two years, and again after the previous family leaves the house, he lends to some other struggling family.
Likewise, Cole donated $10,000 to Baltimore Organization as part of the Colin Kaepernick charity pledge in 2018.
Movies, Investments, and Endorsements
Movies
As for movies, Cole has not made any appearances on the screen other than his music videos. But he has worked on the soundtrack for the big screen.
He is best known as a soundtrack artist for movies such as Project X, Step Up, Step Up Revolution, and Blue and Black.
Apart from that, Cole has produced two short documentaries, including Out Of Omaha, released in 2018, and Applying Pressure: The Off-Season Documentary, release on May 10, 2021.
Endorsements
Cole has been involved in many brand endorsements except for Bally JC Hiker shoes.
Investments
Maybe the most lucrative investment J Cole made is his record label Dreamville records.
In 2014 Cole announced that Dreamville inked a distribution deal with Interscope Records.
Founded in 2007 Dreamville has introduced some talented roasters including Bas, Omen, Lute, Cozz, Ari Lennox, and Cole himself.
All of the artists contributed to the 2015 collaborative album Revenge of the Dreamers 2.
Career
Cole has always had a thing for basketball and music since his childhood. He started rapping when he was twelve years of age.
Moreover, He saw music as an ideal profession in 2000 after his mother bought an ASR-X musical sampler as a Christmas present.
Cole was a bright student too. He graduated High School with a 4.2 GPA and then moved to New York City to secure a recording contract.
Furthermore, He went to St. John’s University, initially majoring in Computer Science and later switching to communication and business after witnessing a lonely computer science professor.
He graduated magna cum laude with a 3.8 GPA in 2007.
However, the university held back from granting a degree because he had owed money for a library book.
He ultimately received a degree in 2015 during a homecoming concert.
Read About 50 Cent’s Career and Net Worth
Facts About J Cole
- Cole originally had the rap names Blaza and Therapist.
- J Cole began producing his own music at age 15 with his mother’s help.
- Cole was in the front row at Dave Chappelle’s movie Block Party.
- When Cole met Jay Z, his first thought was “Damn, I’m taller than Jay-Z.”
- Jay-Z delayed his album ‘Cole World: The Sideline Story’ just so he could feature on a single
FAQs
What jobs did J Cole have before rapping?
Cole worked as an ad salesman at a newspaper and a bill collector.
What is J Cole’s biggest hit?
Some of his biggest hits include 2014 No Role Modelz, 2014 Wet Dreamz, 2019 Middle Child, 2019 The London, and 2011 Workout.
Are J Cole and Kendrick Lamar friends?
Yes, they go way back. In fact, they’ve quietly been good friends since the early parts of their careers.