Rapper Beanie Sigel has said that he is owed a massive $50 million dollars from Kanye West after coining the name Yeezy which has since turned into a billion-dollar empire.
In his Drink Champs interview, Kanye said that he has been trying to “give him this money for a minute” but how much is Beanie Sigel currently worth?
Who is Beanie Sigel?
Beanie Sigel is an American rapper from South Philadelphia, Pennsylvania. He first became known for his association with Jay-Z and Roc-A-Fella Records releasing his debut studio album The Truth in February 2000.
Aside from his rap career, the 47-year-old has also ventured into acting. His first main role was in the movie State Property and he also appeared along with Kevin Hart in the 2002 film Paper Soldiers.
Yeezy promised Beanie $50 million dollars
Many fans were surprised to learn that Beanie Sigel actually came up with the name Yeezy which has since exploded. Kanye uses Yeezy as his rap nickname as well as it being the name of his massive fashion enterprise.
In his Drink Champs interview, Kanye said: “Yeezy was Beanie’s name for me when I was at Baseline. On some like ‘That’s Yeezy’… make him one of us. He let me wear his State Property chain. He really just embraced me.”
During an appearance in his hometown of Philadelphia over the weekend, Beanie revealed that Kanye had promised him a massive payday, including $50 million dollars and five per cent stock in his Yeezy company.
What is Beanie Sigel’s net worth?
Per Celebrity Net Worth, Beanie Sigel has a net worth of $100 thousand dollars.
Despite his success in his early career, Beanie has had several legal woes which seem to have led to his relatively small net worth. He has also not been prominent in the music industry since the 2000s so that paycheck from Kanye could be exactly what the rapper has been waiting for.
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