How Much Is MC Hammer Really Worth? Uncovering the Rapper’s Fortune in 2021
Introduction
MC Hammer, born Stanley Kirk Burrell, has been considered one of the most prominent rappers in the music industry. He is known for his hit songs such as “U Can’t Touch This” and “2 Legit 2 Quit.” He sold over 50 million records worldwide, making him one of the highest-selling artists of all time. But the question remains, how much is MC Hammer worth?
Early Career
MC Hammer’s music career started in the 1980s as a member of the hip hop group Holy Ghost Boys. In 1987, he released his debut album, “Feel My Power,” independently, which sold over 60,000 copies. His next album, “Let’s Get It Started,” was released in 1988, which became a major success.
Peak of Fame
MC Hammer’s peak of fame was in the early 1990s, thanks to his hits “U Can’t Touch This” and “2 Legit 2 Quit.” During this time, he became a cultural icon, and his style was imitated by many. He released a total of 11 studio albums and six compilation albums, solidifying his position as one of the most successful rappers of all time.
Business Ventures and Investments
MC Hammer has also been involved in business ventures and investments throughout his career. In the late 1990s, he founded a record label called Oaktown Records. He also invested in technology startups such as WireDoo and DanceJam.
Financial Troubles
Despite his success, MC Hammer encountered financial troubles in the mid-1990s. He filed for bankruptcy in 1996, citing a $13 million debt to the IRS. He also owed money to various creditors, including former employees and his record label.
Comeback and Recent Ventures
MC Hammer staged a comeback in the early 2000s, releasing the album “Active Duty” in 2001. He also appeared on various television shows, including “Dancing with the Stars” and “American Dad!” In recent years, MC Hammer has been involved in various ventures, including serving as the spokesperson for Command Brands and releasing a cooking show called “Hammer and Nails.”
Net Worth in 2021
As of 2021, MC Hammer is estimated to have a net worth of around $2 million. While this figure may seem modest compared to his peak of fame, it is still a significant amount considering his financial troubles.
Legacy and Impact
MC Hammer’s impact on the music industry cannot be overstated. He broke barriers as a rapper, bringing elements of pop and dance music to the genre. He also paved the way for other successful rappers, such as Vanilla Ice and Eminem. MC Hammer’s legacy continues to inspire new generations of musicians.
Conclusion
MC Hammer’s success as a rapper, businessperson, and cultural icon is undeniable. Despite his financial troubles, he remains a respected figure in the music industry. His net worth might have taken a hit, but his impact on the music industry and popular culture will always be remembered.
FAQs1. What is MC Hammer’s real name?
MC Hammer’s real name is Stanley Kirk Burrell.
2. How many records has MC Hammer sold?
MC Hammer has sold over 50 million records worldwide.
3. When did MC Hammer file for bankruptcy?
MC Hammer filed for bankruptcy in 1996.
4. What is MC Hammer’s estimated net worth in 2021?
MC Hammer’s estimated net worth in 2021 is around $2 million.
5. What is MC Hammer’s legacy?
MC Hammer paved the way for other successful rappers, bringing elements of pop and dance music to the genre. His impact on the music industry and popular culture will always be remembered.