Ray J Net Worth: Businesses & Income

Ray J
Ray J (Source: Sportskeeda)

An American singer, songwriter, actor, television personality, and entrepreneur William Ray Norwood Jr., known professionally as Ray J, has a net worth of $14 million.

Though he has had superb music and TV career and business endeavors, his tape with Kim Kardashian made him more famous than his other pursuits.

Ray J was born on 17th January 1981 in McComb, Mississippi, United States but raised in California by his parents Sonja Bates-Norwood and Willie Norwood.

Ray J
Ray J (Source: thesource.com)

Interestingly he is the younger brother of Brandy Norwood, a multi-platinum singer. Similarly, he is also related to rapper Snoop Dogg. In fact, Snoop is his first cousin.

Ray J | Quick Facts

Full Name William Ray Norwood Jr.
Net Worth $14 Million
Birth Date 17 January 1981
Known as Ray J
Age 41 Years Old
Birth Place McComb, Mississippi, United States
Religion Christian
Nationality American
Ethnicity Afro-American
Education Carson High School
Zodiac Sign Capricorn
Father’s Name Willie Norwood
Mother’s Name Sonja Bates-Norwood
Siblings Brandy Norwood
Height 5 ft. 8 in (1.7m), 170cm
Weight 74 kg (163 pounds)
Interests Rapping, Video Games
Sexual Orientation Straight
Hair Color Black
Eye Color Dark Brown
Profession Rapper, Musician, Singer, Songwriter, Actor, Activist, Philanthropist
Genre  Hip-Hop, R&B, Alternative Hip Hop
Instruments Vocals, Piano
Labels Shady Records, Atlantic Records, Knockout Entertainment, Entertainment One Music, Epic Records, Elektra Records, The 740 Project, Sanctuary Records, Koch Entertainment, East-West Records
Associations Bobby Brackins, Brandy Detail Rodney Jerkins Shorty Mack Yung Berg Teairra Mari
Endorsements Raycon Earphones
Active Years 1995-Present
Marital Status Married
Spouse Princess Love (m. 2016)
Children Epik Ray Norwood, Melody Love Norwood
Social Media InstagramTwitterFacebookSpotifyYouTubeSoundcloud
Last Update June 2022

Ray J Net Worth and Income

Ray J’s Net Worth

Rapper, singer, songwriter, actor, and television personality Ray J has an astounding net worth of $14 million as of 2021.

He has been able to accumulate his fortune from various pursuits.

To date, Ray J has released four studio albums, two extended plays, two mixtapes, and several singles.

In 2005 the rapper developed and founded his independent record label Knockout Entertainment with the help of his family.

He released his third studio album, Raydiation, through his own independent label. The album became a massive hit with over 400,000 in sales, a phenomenal achievement for an independent release.

Apart from physical sales, Ray J’s net worth also benefits well from digital streaming on platforms such as YouTube, Soundcloud, Apple Music, and Spotify.

He has over 2.1 million monthly listeners on his Spotify profile, through which he makes a sizable amount.

Moreover, the rapper has attained various other income streams throughout his career that include royalties, business endeavors, TV appearances, and production.

Back in 2007, the sex tape of Ray J and Kim Kardashian was made public.

In fact, Ray J has been earning well from the sex tape royalties.

Ray J’s Income

Typically, the rapper bags about $90,000 every three months in royalties for the sex tape, according to the chairman of Vivid Entertainment, Steve Hirsch.

Which equates to around $360,000 a year. It is really astonishing that he still earns money from the tape, considering the fact that the tape is about two decades old.

As mentioned before, $90,000 every three months is in typical days, but when Kim Kardashian is in the news, the royalties jump to as much as $50,000 every week.

Ray J and Kim Kardashian
Ray J and Kim Kardashian (Source: Page Six)

Besides all these, Ray J is a prominent entrepreneur and has dipped his feet in several business ventures over the years.

Moreover, we cannot forget his several TV appearances, which also contributes to his ginormous net worth. Reportedly he made about $25,000 per episode appearing on VH1’s Love and Hip Hop.

Furthermore, his business pursuits also contribute to his fortune.

Most notably, Ray J is the founder of Raytronicks, which is a line of consumer electronics. It produces products such as smartphone-controlled fans, smartwatches, and, most interestingly, e-bikes.

Similarly, Ray J is also known for his love for marijuana and his marijuana-related business.

Ray J owns his own line of marijuana named William Ray LA. Besides that, Ray J also serves as the chief strategic media officer for MarijuanaStock.org. He signed the deal with the company in August of 2019.

According to reports, the position makes him about $1 million every year.

Ray J Net Worth in Different Currencies

Let’s check out Ray J’s net worth in several major currencies, including the cryptocurrency BitCoin.

Currency Net Worth
Euro € 12.09 million
Pound Sterling £ 10.23 million
Australian Dollar A$ 18.60 million
Canadian Dollar C$ 17.30 million
Indian Rupee ₹ 1,048,282,900
BitCoin ฿ 226.83

Ray J | Houses and Cars

Houses

Ray J has lived in numerous houses over the years. He owned a mansion in Los Angeles, California, which he also showcased in MTV Cribs season 16.

In 2004 the 6,143 sq ft, five beds, seven baths property was bought by a Canadian developer, Lorne Leibel, for $3.1 million.

Cars

Ray J has a sizable collection of high-end cars.

He not only buys cars for himself but also enjoys giving them to others.

Recently, Ray J gifted a $200,000 McLaren supercar to Soulja Boy for his birthday.

Similarly, the rapper gifted a brand new Bentley Continental GTC worth $202,500 to his wife, Princess Love, for her birthday.

With His Lincoln Navigator
Ray J With His Lincoln Navigator (Source: Linda Ikeji’s Blog)

As for his personal collection, Ray J has Rolls Royce Ghost worth $315,000, Ferrari 458 worth $270,000, and Range Rover worth $95,000.

Ray once spent $410,000 to purchase a Lincoln and Maybach for himself and his wife, Princess Love.

Ray J | Lifestyle and Vacation

Lifestyle

Rapper Ray J became pretty close to singer Whitney Houston during the final years of her life.

Despite the rumor about their romantic relationship, Ray J has stated that they were just friends and never dated.

He jetted to San Diego from Beverly Hills when he heard that Whitney had passed in February 2012.

He lost his temper when one of the police officers made a disrespectful comment about Houston, for which he was restrained.

According to Ray’s sister, Brandy, Ray J at the time was very distraught and depressed.

A few months later, on 21st May 2012, Ray was found in his hotel room unable to get out of bed. He was quickly taken to the hospital by ambulance.

Apart from that, in August 2016, Ray J married fashion designer Princess Love. They welcomed a daughter in May 2018 and a son in January 2020.

However, recently the 40 years old reality star and singer filed a divorce from his wife, Princess Love, in Los Angeles Superior Court.

Ray J | Charity

Ray J is an avid philanthropist and always finds time to donate his time or money to different charitable foundations.

Ray’s love for humanity can be seen in his support for sports, education, and breast cancer.

Almost all his good deeds are carried out through his family charity Norwood Kids Foundation.

He also acts as a model to inspire young entrepreneurs.

According to some sources, once Ray J and his pal RD Whittington, owner of Luxury Auto Collection, split about $165,000 for a yellow 1967 Chevy Camaro with the classic ride going to Childhelp foundation. The foundation helps victims of child abuse.

Apart from that, back in December 2014, the rapper attended the 7th Annual Babes in Toyland charity toy drive benefiting Promises 2 Kids.

Ray J | Films & TV Shows, Investments, Endorsements, and Books

Films & TV Shows

Rapper and entrepreneur Ray J has appeared in a number of films and TV shows over the years.

According to IMDB, he has 37 credits as an actor, which also includes a few of his own music videos, ten credits as a producer, and two as a writer.

In terms of movies, he is best known for his roles in 1996 Mars Attacks! and 2003 Black Sash.

Similarly, as for the small screen, Ray J has made numerous notable appearances.

He appeared as L.J Buckley in the 1993 TV series The Sinbad Show. Similarly, in 1999 he appeared as Clayton in the TV series Aftershock: Earthquake in New York.

Likewise, his other TV appearances include Moesha, The Proud Family, One on One, The Rickey Smiley Show ad the 2020 Pump.

Moreover, he executive produced the TV shows such as Scheming, ‘Brandy & Ray J: A Family Business,’ and ‘For the Love of Ray J.’

Investments

Ray J has involved himself in multiple business ventures over the years.

Ray J founded Raytroniks, which is a consumer electronics including smartwatches, smartphone-controlled fans, and e-bikes.

The rapper is using his celebrity status to promote the product.

Especially for E-Bike, Ray implemented a far-reaching marketing strategy. He obtained secured product placement through various stars such as Chris Brown, Justin Bieber, P. Diddy, and of course, his cousin Snoop Dogg.

In November of 2017, Ray finalized a multi-million dollar deal with Cowboy Wholesale to expand the Scoot E-Bike with other electronic products such as drones and Bluetooth audio.

He currently serves as Chief Strategy Officer and oversees global branding and marketing for the brand.

Similarly, he is also a founder of RAYCON, which is a top seller of earbuds and headphones.

Moreover, in 2019 Ray announced that he had invested $5 million of his own money to build a marijuana business named William Ray LA.

And in August of the same year, he signed a deal with MarijuanaStock.org to be the chief strategic media officer, which reportedly earns him $1 million each year.

Endorsements

The reality TV star turned entrepreneur has been linked with some of the most recognized brands for promotion activities.

Back in 2012, Ray signed an exclusive $1 million deal for Princereigns Ingrown Hair Serum.

In fact, he appeared in a commercial for the product along with actress Sophie Monk.

Books

Ray J has co-authored a book along with Maxwell Billieon entitled Death of the Cheating Man: What Every Woman Must Know About Men Who Stray. The book was published in 2012.

Ray J | Career

Ray J signed with Elektra Records in 1995 and began working on his debut studio album entitled Everything You Want.

The album was released in March of 1997.

The next year he worked on the soundtrack of Dr. Doolittle with his original single That’s Why I Lie.

 2021
Ray J 2021 (Source: OtakuKart)

He also produced tunes for the company Mattel and worked on music for several commercials.

Similarly, he collaborated with his sister Brandy on Another Day in Paradise, which peaked on the top of music charts in Germany, the UK, Sweden, Norway, Ireland, and many more.

As of June 2022, Ray J’s net worth is $14 million.

Unknown Facts About Ray J

  • He is friends with Ghanaian actor and comedian Michael Blackson.
  • Once, he made a $2.4 million offer to purchase the house next to Kim Kardashian’s.
  • Ray J once announced that he would give the revenue generated by the sex tape to Kim Kardashian as a wedding gift and also told her that if she refused it, he would donate it to her favorite charity.

FAQs

Did Ray J go platinum?

Ray J collaborated with New Boyz in 2010 for the platinum single Tie Me Down.

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