Swizz Beatz Net Worth
Swizz Beatz Net Worth: $65,000,000
Related Net Worths: Alicia Keys, Lil Wayne, Jay-Z, Kanye West, Drake, Busta Rhymes, T.I., Rick Ross, Fabolous, Jadakiss, Pusha T, Ludacris, DMX, Chris Brown, Eve, A$AP Rocky
Sources: Ruff Ryders Entertainment, Full Surface Records, J Records, Sony Music Entertainment, Universal Music Group, Atlantic Records, Warner Music Group, Monster Cable Products, Reebok, Kidrobot, Hennesy, Megaupload, Aston Martin, Lotus Cars
Kasseem Dean a.k.a. Swizz Beatz is a producer, rapper, DJ, record label executive, fashion designer, CEO, and marketing executive with a net worth of $65 million. He got an early start in the music industry, selling his first beat to DMX at the age of 16, and has since gone on to become one of the most influential producers in modern day hip-hop. His fans include the likes of Kanye West, who once called Swizz “the best rap producer of all time.” Swizz is also married to R&B singer Alicia Keys, and the couple has one child together.
Teenage Record Producer
Swizz was born in the Bronx in 1978, and got into the music business as a teenager when he began DJing for local parties. He soon got involved with the Ruff Ryders label through his uncles Darrin and Joaquin Dean, both co-CEOs at the label. Swizz became a major producer for Ruff Ryders, and was responsible for several major hits including DMX’s “Ruff Ryders’ Anthem,” Jay-Z’s “Money, Cash, Hoes,” and Noreaga’s “Banned from TV,” all before he reached his 20s.
Record Label Executive
By 2001, at the age of 23, Swizz was already in a position to start his own record label. The first artist Swizz signed to his newly formed Full Surface label was Cassidy, who became a hip-hop sensation when his first album “Split Personality” was certified gold in its first month. Full Surface started as a subsidiary of Sony Music Entertainment’s J Records, and now operates as an imprint of Atlantic Records.
Swizz released his first compilation album, “Swizz Beatz Presents G.H.E.T.T.O. Stories,” in 2002. The album debuted at number 50 on the Billboard 200 chart and included contributions from major acts like Nas, Snoop Dogg, Lil’ Kim, LL Cool J, Birdman, and even Metallica.
One Man Band
Swizz’ first studio album wouldn’t appear until 2007, but when it did, it was well received. “One Man Band Man” debuted at number seven on the Billboard 200 chart and number one on the Billboard Top R&B/Hip-Hop Albums chart.
In 2011 Swizz received his first Grammy award for the song “On to the Next One,” which he performed with Jay-Z. Swizz had also reportedly been working on a follow-up to “One Man Band Man” for years, but in 2012 he announced that he was no longer interested in releasing albums, and instead would only release singles. His hit singles since that announcement have included “Everyday Birthday” featuring Ludacris and Chris Brown, and “Hands Up” featuring 2 Chainz, Nicki Minaj, Lil Wayne, and Rick Ross.
Like many rappers including Diddy and Snoop Dogg, Swizz Beats has his own signature liquor line. Swizz signed a deal with cognac brand Hennessy in 2009 to promote Hennessy Black. The endorsement deal included a promotional song and music video. Swizz’ other endorsement deals have included contracts with luxury car retailers Aston Martin and Lotus.
Fashion Design and Marketing
Swizz has been designing clothing professionally since 2003, when he launched his own signature clothing line through Kidrobot. Swizz later got into designing sneakers, and is now the Vice President of Sports Style Marketing, Design, and Brand Music Development for Reebok.
Other Business Ventures
After Monster signed away the rights to their “Beats” headphones to Dr. Dre and Jimmy Iovine for a fraction of what the headphones eventually sold for (Apple bought Beats for $3.2 billion in 2012), Monster has decided to take a chance on another rapper and throw in their lot with Swizz, who now sits on the company’s advisory board. Swizz has invested in Monster, and says his job is to “help Monster take its next big step forward.”
Monster, however, is not Swizz’ first major venture into the business world. In 2012 when the file-sharing site Megaupload was shut down, Swizz was revealed as the company’s “silent” CEO.
Despite the setback of losing a successful company like Megaupload, it doesn’t like Swizz’ business career will be slowing down anytime soon. In April 2014, Swizz was accepted to Harvard Business School, which means that Swizz may be looking to boost his net worth even more in the near future.