The 38-year-old grew his main brand even more in 2020. He started a media division called Dreamville Ventures and a content studio called Dreamville Studios. These will make new and co-produced content to grow his label's work.
Early Life Of J. Cole
On January 28, 1985, J. Cole was born Jermaine Lamarr Cole on an Army post in Frankfurt, West Germany. Cole's mother Kay worked as a postal worker, and his father, a veteran of the United States Army, left the family when Cole was a small child. Cole's mother moved him and his older brother, Zach, to Fayetteville, North Carolina when he was eight months old.
At the age of twelve, Cole began rapping. Cole had notebooks full of rhymes by the time he was 14 years old, but he had no method to write them down. To enable him to create music on his own, his mother purchased an 808 beat machine for him.
He began uploading songs under the alias "Therapist" on different online forums when he was seventeen years old. Cole received a scholarship at St. John's University and relocated to New York City after graduating from high school with a 4.2 GPA. His GPA at graduation was 3.8.
The Net Worth Of J. Cole
J. has a lot of money. Cole is worth about $60 million right now. He owns a record label called Dreamville, he organizes an annual music festival called Dreamville Festival, and he has a deal with Puma to sell shoes and clothes. The first artist signed to Jay-Z's record label, Roc Nation, was J. Cole. He is among the most paid rappers in the world on a constant basis. He often makes $30 million a year.
J. Cole Career Earnings By Year:
- 2014 $7 million
- 2015 $11 million
- 2016 $14 million
- 2017 $19 million
- 2018 $36 million
- 2019 $30 million
Total:$117 million
When Michael Jordan sold his ownership of the Charlotte Hornets to a consortium that included J. Cole and country music singer Eric Church in June 2023, J. Cole became a minority owner of the team.
Despite being one of hip-hop's biggest artists for more than ten years, J. Cole hasn't lost sight of what it's like to be impoverished.
Rapper from North Carolina, Kevin Hart, recently discussed being frugal with his spending in an interview for his Peacock programme Hart to Heart. Hart attributed this to his "fear" of going broke once more.
"I don't think I run the best business, so I can't really sit here like some mogul and give business advice," he remarked. "I'm thankful to be surrounded by wonderful people who think well of me financially. I simply use money wisely because I'm afraid. I spend slowly because I never, ever want to be impoverished again.
He then on, "I would say without a doubt that I'm mindful because I will spend if it's a family vacation and it's the right thing to do." Spending is not a fear for me, but I am mindful—I believe that's the right phrase.
The person who started Dreamville talked about money in a 2013 interview. He said he wanted to be rich because he wanted to feel safe and comfortable and to be able to help people.
"I want to make a lot of money so I can feel secure," he said. "I don't crave money and I don't even like money. " I am friends with these people who are also rappers. They really like money and are always trying to get more. And that's great as well - that's what makes some of the most successful businessmen.
"I don't really like money that much. " I love feeling safe and comfortable and being able to help my family if they need it. "That's what I love about money. "
"But to be honest, what makes me the happiest is the music," he said. Making music I am in the recording studio. My album is coming out and the response is fantastic, which makes me very happy. I wrote a song called "Let Nas Down" for my album.
"When I created that song, the way it made me feel afterwards is more important to me than making money".
"Dreamville has always been a small family-run business with big dreams and ideas that go way beyond just music," Cole said at the time. "We are happy to welcome Damien and Candace to our family business. They are very smart and capable executives. Their hiring will help us to turn our big ideas into reality. "
J. Cole Music Journey
After his debut mixtape "The Come Up" was released in 2007, Cole gained popularity. American rapper Jay-Z reached out to Cole soon after the album's release, and Cole eventually joined to his record label, Roc Nation. Cole's second mixtape, "The Warm Up," was published in 2009. His third mixtape, "Friday Night Lights," was released in 2010. Cole accompanied Drake on his 2011 tour as his supporting act.
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2011 saw the release of his debut studio album Cole World: The Sideline Story, which peaked at number one on the US R&B/Hip-Hop, US Rap, and Billboard 200 charts. It received a platinum certification quite quickly. In 2013, he released his second album, Born Sinner, which peaked at number one on each of the three charts.
2014 saw the release of Cole's album Forest Hills Drive, which also peaked at number one on the US R&B/Hip-Hop, US Rap, and Billboard 200 charts. Born Sinner received a platinum certification, while Forest Hills Drive led to his first-ever Grammy nomination for Best Rap Album. In addition to peaking at number one on all those lists, his 2016 album 4 Your Eyez Only also peaked at number one in Canada and was promptly certified platinum.
2018 saw Cole release KOD, his fifth album, which became his fifth No. 1 album as it debuted at the top of the Billboard 200. J. Cole and 21 Savage's song "A Lot" won J. Cole his first Grammy Award for Best Rap Song on January 26, 2020.
"Work Out," "Can't Get Enough" (with Trey Songz), "Nobody's Perfect" (featuring Missy Elliott), "Power Trip" (featuring Miguel), "Crooked Smile" (featuring TLC), "Deja Vu," and "Neighbours" are some of Cole's most popular tracks. Cole has received numerous nominations for Grammy Awards and several wins from the BET Hip Hop Awards.
June 2017 and June 2018 saw J. Cole make $36 million in revenue. Rapper J. Cole has identified the major inspirations on his own style of rapping as being Tupac Shakur, Jay Z, Eminem, Nas, and Andrew 3000. According to reports, he thinks Jay Z, Nas, Tupac, and The Notorious BIG are the greatest rappers of all time, but that's definitely not the case, J. Cole recently bagged the best rapper of the year award for his uniqueness in the music industry.
Other Ventures Of J. Cole
Cole is a successful rapper in addition to being a producer. In early 2007, he and Ibrahim Hamad launched Dreamville Records, his own record label. Nine albums have been released by Dreamville Records, three of which have received platinum certification. J. Cole has produced hits for numerous artists, including Kendrick Lamar and Janet Jackson. In addition, he owns a small stake in Tidal.
In October 2011, Cole also founded The Dreamville Foundation, a non-profit. The group organises a number of charitable activities for young people from disadvantaged backgrounds, including a book club for young men and a drive for school supplies. Career Days and writing competitions are also sponsored by the Dreamville Foundation.
In 2014, Cole paid $120,000 through the foundation to buy his childhood house, which had been taken from him by his mother years before. His intention when he bought the house was to use it as free rental accommodation for single moms and their children. He organises the annual Dreamville Festival concert series, which includes well-known performers like Nelly, Big Sean, and 21 Savage in addition to local musicians, artists, culture, and cuisine. The Dreamville Foundation and the Raleigh, North Carolina-based Dorothea Dix Park Conservancy both benefit from the sales.
2020 saw the announcement of J. Cole's multi-year endorsement deal as an ambassador for the clothing and footwear company PUMA. The PUMA RS-Dreamer, their first collaborative shoe, was released later that year.
J. Cole inked a deal with the Canadian Elite Basketball League's Scarborough Shooting Stars in 2022. This is in addition to a three-game deal he signed in 2021 with the Patriots Basketball Club of the Basketball Africa League, during which he played 45 minutes and finished with five points, three assists, and five rebounds.
Controversies Of J. Cole
Diddy and Cole got into a fight during the 2013 MTV Video Music Awards afterparty in New York City. Diddy attempted to pour a drink on Kendrick Lamar after confronting him about a verse in one of his songs. When Cole stepped in, the two engaged into a fight that involved their respective groups and ended in a minor skirmish. A few months later, Cole and Diddy declared their feud was ended in public.
Rappers Lil Uzi Vert and Lil Yachty have been accused of being targeted by Cole due to the controversy surrounding his songs Everybody Dies and False Prophets. The hip-hop world has also surmised that he is criticising Kanye West in the opening verse of his song False Prophets. Since April 2018, there have been rumours of an ongoing dispute between him and rapper Lil Pump. However, in May 2019, the two held an interview together to allay fan concerns and show that they had moved over their problems.
Personal Life Of J. Cole
Melissa Heholt and Cole are wed. She is currently the Executive Director of the Dreamville Foundation, and they both attended St. John's University. In a radio interview from May 2018, J. Cole disclosed that he and his partner have a kid. In July 2019, he declared that they were expecting a second child.
J. Cole possesses dual citizenship, one from Germany and one from the US.
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