Beanie Sigel Net Worth: What Is the Net Worth Of Beanie Sigel Currently?

By Mohit Kamboj On Jul 26, 2022

A rapper from the United States named Beanie Sigel has a net worth of one hundred thousand dollars. He was a former musician and member of the Dame Dash Music Group as well as Roc-A-Fella Records, both of which are record labels. While there, he developed relationships with rappers such as Jay-Z, Freeway, and others. Throughout the latter part of his career, he has unfortunately been involved in a number of legal disputes.

Beanie Sigel Early Life

Dwight E. Grant was the name given to Beanie Sigel when he was born on March 6, 1974, in South Philadelphia, Pennsylvania.

Beanie Sigel Career

His street name in South Philadelphia was the inspiration for his stage name. Sigel’s first studio album, titled The Truth, was released by Roc-A-Fella Records in February of 2000. The album was met with both critical and financial success, peaking at No. 5 on the Billboard 200 Albums chart.

The album was awarded a gold certification by the RIAA and was responsible for the charting of three singles: Anything, Remember Them Days, and The Truth. A significant portion of the Roc-A-Fella roster, including Sigel, appeared in the film “State Property” in 2002. The release of the film coincided with the formation of State Property, a collective of musicians from Philadelphia who were signed to Roc-A-Fella Records.

The trio worked together on the music for the film as well as the album “The Chain Gang Vol. 2,” which was released in 2003 and featured the Young Gunz’s single “Can’t Stop, Won’t Stop.” The album was put in for consideration for a Grammy award in the category of Best Rap Performance by a Duo or Group.

His second studio album, titled The Reason, was issued by Roc-A-Fella Records in June of 2003. It peaked at position No. 5 on the Billboard 200 album list. In 2005, Sigel shot a number of music videos before beginning his year-long sentence for an earlier offense. Sigel was sentenced to prison.

In addition to it, he recorded his upcoming album. The B. Coming, his third studio album, was released by Dame Dash Music Group in March of 2005, and it quickly rose to the third spot on the Billboard 200 album chart. 2006 marked the year that Sigel re-signed with Roc-A-Fella Records and initiated the recording process for his fourth studio album, titled “The Solution.”

He issued the first single from “The Solution” on October 29, 2007, and it was titled “All of the Above.” R. Kelly was featured on the track. The song made its debut on the R&B charts in the United States at position number 83. In May of 2007, Sigel released “The Solution,” which made its debut on the Billboard charts at position number 37.

After the expiration of his recording contracts with Roc-A-Fella Records and Def Jam Records, Sigel issued “The Broad Street Bully,” his first album under his own independent label, in 2009. In 2010, Sigel made the announcement that he was working on his sixth studio album, which was going to be titled “The Closure.”

This album was going to be released on the Universal Republic and G-Unit Records. However, in May of 2011, Sigel decided to scrap the album and resign from the music industry…for two weeks, before making the decision to return and continue working on the album once more. He came up with the name “The Classic” for it. In 2011, he renewed his deal with G-Unit Records and inked a recording contract with G-Unit Philly, both of which were owned by 50 Cent. B-Boy Stance was the title of Sigel’s first song, which was released in July 2011 and was taken from his album.

On March 30, 2012, he made the announcement that he would be embarking on a collaborative effort with his longtime friend and fellow southern rapper Scarface. Scarface is also known as Scar.

The working title of the project would be “Mac and Brad.” After one of his common friends piqued Chris Schwartz’s interest, Sigel made the decision to sign a distribution arrangement with EMI as well. A new mixtape by Sigel, titled “This Time,” was followed by the release of an album recorded in a studio.

It was during the recording of “I Go Off” with 50 Cent that he announced his retirement from the music industry. In the beginning of 2011, Sigel made an appearance on the album Can the Drummer Get Some by Travis Barker, during which he announced that he was retiring from the music industry.

Beanie Sigel’s Onscreen Career

In the film “Backstage,” Sigel had an appearance. “State Property 2” is a sequel to his first major role in “State Property.” In 2002, he co-starred in the film “Paper Soldiers” with Kevin Hart. Beanie Sigel released a DVD named “The B. Coming of Beanie Sigel” in 2005 following his third solo record “The B. Coming.”

Sigel tried out for the lead part in the Notorious B.I.G. biopic “Notorious” in 2009, but Jamal Woolard was chosen instead. “Rhyme and Punishment,” a 2011 documentary about hip hop artists who have done time in prison, also featured Sigel as a guest star. An interview with actor Jason Sigel is featured in the film, in which he explains his conviction, as well as his time in prison and the challenges he faced.

Beanie Sigel Personal Life And Legal Issues

He was arrested for allegedly punching a 53-year-old man in the eye socket (2002); charged with attempted murder after allegedly firing six shots from a handgun at a club door (2003); convicted of federal weapons charges and sentenced to one year and one day in federal prison (2004); Sigel himself has shot during a robbery one month after being released from prison, and he subsequently served a brief stint for child support. Beanie Sigel has had his fair share of legal troubles (2012).

On August 14, 2014, Sigel was released from the Federal Correctional Institution in Schuylkill. According to recent reports, he is currently spending the remainder of his sentence in a halfway house in the city of Philadelphia.

On December 5, 2014, Beanie Sigel was shot and killed outside of his home in New Jersey. The incident occurred during a drive-by. According to the investigation conducted by the authorities, he was not the intended victim. Because of problems that arose during the operation, he was transported to the hospital, where he underwent surgery to have a lung removed.