KEY POINTS

  • J. Cole, a rapper and professional basketball player, has a net worth of $60 million
  • The artist earns an average of $30 million per year
  • Cole is also the founder of "Dreamville Foundation," a nonprofit for underprivileged children

J. Cole is a hip-hop recording artist, songwriter and record producer who recently signed with a professional African basketball team. The rapper was the first artist signed to Jay-Z’s label Roc Nation, but how much is he actually worth?

The rapper/basketball player is not a newcomer to the court, having played in his younger years before pursuing a career in the music industry. Back in 2012, Cole was even selected to play for the NBA Celebrity All-star Game with an impressive performance, TMZ reported.

In his first game in the Basketball Africa League after coming back as a professional basketball player for the Patriots Basketball Club on Sunday, the music artist scored three points, three rebounds and two assists in under 18 minutes of court time, as per ESPN.

But majority of Cole’s fortune, who currently has an estimated net worth of $60 million, comes from his music. He is also one of the highest-paid rappers worldwide, currently earning an average annual salary of $30 million, according to Celebrity Net Worth. His most successful singles include “Work Out,” “Can’t Get Enough” and “Neighbors.”

The rapper earned $36 million between June 2017 and June 2018, the biggest profit of his music career. His 2018 album “KOD” reached the number one spot when released in April of that year. It helped him acquire around two billion streaming spins in the 12 months prior, Forbes reported. Cole’s most recent endeavor, his first mixtape called “The Fall Off” is scheduled to be released sometime this year, as per Wealthy Genius.

Other than his income as a rapper, Cole is a producer, with his first record label launched in early 2007. The rapper/producer has previously worked with music icons like Janet Jackson, Kendrick Lamar and many others. He is also a minor shareholder of Tidal, a global music streaming service.

The rapper established the nonprofit organization “Dreamville Foundation” in October 2011 to support underprivileged groups. Through the organization, Cole was able to purchase his childhood home, which was repossessed from his mother years prior, in 2014 for $120,000.

J Cole CHARLOTTE, NC - FEBRUARY 17: J. Cole performs at halftime during the 68th NBA All-Star Game at Spectrum Center on February 17, 2019 in Charlotte, North Carolina. Photo: Photo by Kevin Mazur/WireImage