J Prince Net Worth, Early Life, and Career

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J Prince Net Worth

People love to hear a song for its charming musical sense. Many people work behind a song to make it more attractive. A Music executive plays a vital role in publishing music. J Prince is one of those music executives who puts his best effort into making music successful. Today, we will discover J Prince net worth and the facts behind it.

Who is J Prince?

J Prince is an American music executive, manager, and promoter. He is well recognized as the godfather of the rap music industry. He inspired many singers to be influential in music, like Geto Boys, Scarface, Bun B, and so on. Besides these, J Prince is a CEO. He co-founded a record label called Rap-A-Lot.

Short Bio of J Prince

Full Name James L. Smith
Birthdate October 31, 1965 (age 58)
Birthplace Houston, Texas
Nationality American
Height 6’ 8” (2.03 m)
Profession Investor, boxing manager, Entrepreneur, A&R, Music executive,  music manager
Genres Hip hop
Labels Rap-A-Lot
Social Media Instagram, Twitter
Net Worth $25 million

J Prince Net Worth

J Prince’s net worth in 2023 is estimated to be $25 million. Releasing a lot of successful music is the main reason behind this massive net worth. He managed many singers to publish a hit album. Besides music, J Prince is a prolific boxing manager. He managed several famous boxers in several matches and events.

Early Life

J Prince was born in Houston, Texas. He has an older sister named Zenia and a younger brother, Thelton. Prince and his family moved to Fifth Ward, Houston, in his early childhood. There, he started playing football at the age of seven.

J Prince Net Worth

Prince started his high school at Kashmere High School. He joined the school football team and completed many championship tournaments. During this time, he started doing many jobs to earn money. He mowed people’s yards and worked on a welding truck to support his mother in poverty. Besides these, he was also involved in many other criminal acts, such as selling marijuana plants, playing craps, etc.

After graduation, Prince started working in a bank. There, he found his old friends Raheem and Jukebox. They planned to form a used car reselling business. Prince continued this business until 1986. Then he met Cliff Blodget, who is a computer science major. Blodget planned to form a record label with Prince. Finally, in 1987, they founded their record label and named it Rap-A-Lot Records.

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Sources Behind J Prince Net Worth

Music Industry from the 1980s to 1990s

After establishing the record label Rap-A-Lot Records in 1987, Prince and his business partner Cliff Blodget signed a contract with the hip-hop group Ghetto Boys. Prince and Cliff produced their two singles, Car Freak and You Ain’t Nothing / I Run This, in 1987. This was Prince’s debut music release.

On February 17, 1988, they published the Ghetto Boys’s debut studio album, Making Trouble. They published seven albums of this band. Two of them are certified Gold, and one is certified platinum by RIAA. Their album Till Death Do Us Part and The Resurrection ranked number one in Billboard’s top 200 US R&B chart.

With this successful record, many other artists and bands were interested in signing with the Rap-a-Lot label. In 1990, they signed with MC Choice and released his compilation album The Big Payback. This album went viral worldwide. These early records helped to gain wider fame.

Music Industry from the 1990s to 2000s

In 1991, famous rapper Scarface signed with Rap-A-Lot Records and released his debut studio album, Mr. Scarface Is Back, on October 3, 1991. This album made 500,000 sales in the United States. Scarface released his 10 studio albums with Princes’s recording label.

On March 11, 1997, Prince produced Scarface’s 4th studio album, The Untouchable, which sold 1 million copies in the United States.

J Prince Net Worth

Because of these successes, Rap-A-Lot Records soon gained massive fame and released many hit albums and singles, such as Big Mike’s Still Serious, Seagram’s Souls on Ice, Devin the Dude’s The Dude, and many others. Most of the music sold at least thousands of copies. This earned Prince a vast profit, which became the primary source of his net worth.

Music Industry from the 2000s to 2010s

Prince and his partner bring a revolutionary change to their record label. They decided to publish music only from selected artists and extend their contract with old artists and bands.

For this purpose, they released Devin the Dude’s solo studio album Just Tryin’ ta Live. This album ranked 11 on the  US Top R&B/Hip-Hop Albums (Billboard).

With this success, they continuously released several hit albums from their previous artists, like Scarface’s Made, Belo Zero’s The Truth, Yukmouth’s Greatest Hits, Trae’s The Beginning, and so on.

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In the late 2010s, Rap-A-Lot Records started signing contracts with new artists. They released Pimp’s solo studio album, The Soul Of Sweet JonesC. It ranked 5 on the US Top Rap Albums (Billboard). They also signed with Z-Ro and Bun B at that time. In this time period, Rap-A-Lot Records earned more profit than the previous.

Music Industry from the 2010s to Present

Rap-A-Lot Records released a lot of music from their newly signed artists. They produced all of the studio albums of Pimp C and Z-Ro. They also signed with several other new artists to release their music, Such as Juvenile’s The Fundamentals, YBN Nahmir’s VisionLand (album), Finesse2tymes’s 90 Days (album), Johnny Cocoa’s I AM WHO I AM (album), and others. The label hasn’t produced any music since Nov 11, 2022.

In these 37 years, the Rap-A-Lot Records label has sold over 100 million records worldwide and generated millions of dollars in profit. As a founder of this recording label, Prince has complete control of these profits. Thus, Prince’s earnings from the music industry became the main source of his net worth.

Solo Album

Prince recorded the album R.N.D.S. of his own and released it on October 5, 1999. Featuring some famous artists, Prince recorded 27 tracks for this album. The album ranked 7 on the US Top R&B/Hip-Hop Albums (Billboard). It also sold thousands of copies worldwide. Earning from this album sales has increased his net worth widely.

Boxing Manager

Prince has been a boxing fan since his childhood. In 1999, he opened JPrince Boxing, a boxing gym in Houston. Later, he became the manager of young boxer Floyd Mayweather Jr. for a 20% deal.

Prince arranged several live events and well-decorated matches for Floyd. Their contract was ended in 2003. After this, Prince managed Andre Ward in the 2004 Summer Olympics. He also managed Andre for many other prolific boxing events.

Prince continued managing Andre until 2008 and closed their contract due to a financial issue.

Prince also managed 15 other boxers on their biggest victories, such as Winky Wright, Diego Corrales, Duke Ragan, and many other famous boxers. He made a lot of earnings through managing boxers for many demanded boxing matches and events.

Personal Life

Prince married Mary Prince in 1980. Mary is a model and fitness trainer. Together they have seven children. Among these children, J Prince Jr., Jas, and Jay work in the music and boxing industries.

FAQs

What is the net worth of J Prince?

J Prince’s net worth in 2023 is estimated to be $25 million.

What is J Prince known for?

He is known for his famous record label, which produced a lot of hit rap music.

What is J Prince full name?

J Prince’s full name is James L. Smith.

Who is the owner of Rap-A-Lot Records?

J Prince and Cliff Blodget are the owners of the Rap-A-Lot records label.

Final Thoughts

J Prince net worth is a result of his contribution to the music industry. Boxing or music, he did his best management to achieve success, and this success led him to a lavish financial status.