Starting from the bottom and now he is here is a true success story filled with a series of obstacles and recently this big financial obstacle. 37 -year -old music producer DJ Khaled Born Khaled bin Abdul Khaled in New Orleans in 1975 worth around $ 3 million in 2013.
His income from 2005-2011 was $ 12 million but in 2012 Khaled had a series of financial problems, all of which became public when music producers were served by eviction notifications at Miami Mansion. He missed some rental payments with a total of $ 55,000. Khaled is served by the eviction letters and taken to the court. This story was first published by TMZ August 2012.
DJ Khaled’s income comes from production loans from some of the biggest songs in rap music in the last 5 years. Songs like here Gridnin, go hard and what I do is win more than 1 million downloads each. August 2010 he signed a cash contract of $ 2 million for 5 albums. Before the Multi Million Dollar agreement Khaled released music under the label, we were the best.
Artists on the label include Ace Hood, Mavado, Vado, Nino Brown and Red Rum an artist from Richmond, Virginia who was involved in a series of legal writings that caused him to be expelled from the label in 2012. In the same year Khaled signed a partnership in dealing with cash and Warner Bros. For Label. He was given a down payment of $ 1.5 million. Ace Hood’s Album Trials & Tribulations was the first release under the partnership agreement in July 2013.
Khaled began his music career as a DJ Radio, today he hosted the Weeknight Takeover program at the Urban Music Radio Station based in Miami Wedr with a fellow host K. Foxx. On July 25, 2013, Khaled publicly “proposed” to fellow Nicki Minaj cash artists through MTV. He supported his offer with a 10 carat diamond ring from Rafaello & Co., worth around $ 500,000. On the same day, Flex Premier New Single Khaled, entitled “I Wanna Be With You” which features Minaj, as well as often collaborators of Future and Rick Ross. Rumors were turned on from social media and blogs such as Perez Hilton accused Nicki of receiving detention orders against DJs. In his defense, Nicki Minaj stated that the proposal was to have fun and he and Dj Khaled were close friends.
In January 2013, DJ Khaled announced that he had started working on the seventh album and that it would be titled Miding of Success.
