What Is Pitbull's Net Worth?
Pitbull is a Cuban-American rapper and songwriter who has a net worth of $100 million. Pitbull is one of the most popular musical artists in the world today. He is also an entrepreneur and spokesman for dozens of brands. Though Pitbull is most widely recognized for his massively popular rap albums and mixtapes, he is also a prolific producer and champion of Latino music, as well as a television personality and savvy businessman. He has cultivated a decidedly debonair style, with hyper-tailored suits, sunglasses, and wing-tip shoes, that is slightly at odds with the style of many rap artists currently working today. He and P. Diddy co-founded Bad Boy Latino, a subsidiary of Bad Boy Records, in 2005, and Pitbull's entire career has been structured in much the same vein as Diddy's, though Pitbull has been considerably more prolific when it comes to releasing original music. He has also aligned himself with multiple ad agencies and has had lucrative endorsement deals with such companies as Kodak, Dr. Pepper, and Voli Vodka. Pitbull has sold more than 25 million studio albums worldwide.
Early Life
Pitbull was born Armando Christian Perez on January 15, 1981, in Miami, Florida. His parents, Cuban expatriates, separated when he was young, and he was raised by his mother, who kicked him out of their house when he was 16. He briefly lived with a foster family in Roswell, Georgia. Pitbull then became a drug dealer, just like his father. He attended South Miami Senior High School before graduating from Miami Coral Park High School. Post-school, he chose the stage name Pitbull and focused on launching a rapping career.
Career
In 2001, he was signed to Luther Campbell's Luke Records. When his deal with Luke ended, Pitbull began working with Lil Jon. His first recorded mainstream performance was on a solo track from Lil Jon's 2002 album "Kings of Crunk," which featured Pitbull rapping over Jon. Pitbull then began to release mixtapes composed of both remixes of popular rap music and his own freestyles.
In 2004, Pitbull released his debut album, "M.I.A.M.I.," which is short for "Money Is A Major Issue." The lead single, "Culo," was produced by Lil John. The album reached #2 on the US Rap chart and #14 on the "Billboard" 200 chart. The following year, Pitbull and Sean "Diddy" Combs co-founded Bad Boy Latino, a label that focuses on Latin hip-hop, soul, and other tropical music.
Pitbull released his second album, "El Mariel," in 2006. That album also reached #2 on the US Rap chart. He dedicated it to his father, who had died earlier that year. The album was full of many politically-themed tracks, as well as Pitbull's typical party anthems. Pitbull released the album "The Boatlift" in 2007, with his single "Go Girl" peaking at #80 on the "Billboard" charts. His fourth album, "Pitbull Starring in Rebelution," was released in 2009 and reached #1 on the US Rap chart. In 2010, he released the album "Armando," which was his first full-length Spanish language album. That year, he was one of the nominated artists for the "Billboard" Latin Music Awards.
Pitbull had great commercial success with the album "Planet Pit" in 2011. He collaborated with T-Pain on the hit single "Hey Baby (Drop It to the Floor)," which reached #9 on the "Billboard" charts. His single "Give Me Everything" became Pitbull's first single to top the "Billboard" chart.
His 2012 album "Global Warming" reached #1 on the US Rap chart. He launched a world tour in support of the album. He found success with the single "Back in Time," which was recorded originally for the film "Men in Black 3." The song samples the fifties tune "Love is Strange" by Mickey & Sylvia. Pitbull performed the song "We Are One" with Jennifer Lopez and Claudia Leitte at the opening ceremony of the 2014 World Cup. That same summer, in June 2014, he received a star on the Hollywood Walk of Fame.
Pitbull released the album Globalization in 2014, and it spawned a #9 "Billboard" single titled "Time of Our Lives." He followed it with the album "Dale" in 2015, which led to him winning a Grammy Award for Best Latin Rock, Urban, or Alternative Album. He then released the albums "Climate Change" (2017), "Libertad 548" (2019), and "Trackhouse" (2023).
Pitbull has enjoyed much commercial and critical success over the years. His hit singles include "I Know You Want Me (Calle Ocho)," "Give Me Everything" (featuring Ne-Yo, Afrojack, and Nayer), "Feel This Moment (featuring Christina Aguilera), "Timber" (featuring Kesha), and "Time Of Our Lives" (with Ne-Yo). Pitbull's albums have sold millions of copies worldwide. He is notable for his many collaborations and extremely catchy singles. During his career, he has collaborated with Jennifer Lopez, Lil John, Shakira, Usher, Diddy, and many more artists. He has headlined nine concert tours and toured as the opening act for both Britney Spears and Enrique Iglesias, as well as locking down two Las Vegas residencies.
Pitbull Career Earnings By Year: | |
2007 | $6 million |
2008 | $4 million |
2009 | $8 million |
2010 | $8 million |
2011 | $6 million |
2012 | $10 million |
2013 | $11 million |
2014 | $12 million |
2015 | $7 million |
2016 | $20 million |
2017 | $27 million |
2018 | $35 million |
2019 | $18 million |
Total: | $182 million |
Other ventures
Outside of music, Pitbull endorses many products, including Bud Light, Kodak, and Dr. Pepper. In November 2013, he released his own line of fragrances. He also was involved in ad campaigns for Walmart in 2015. As if that wasn't enough, Pitbull is the spokesman and majority owner of Voli Vodka. He launched a new, customized radio channel for Sirius in May 2015 called "Pitbull's Globalization Radio." It focuses on Dance/DEM and R&B Hip-hop from around the world. He joined Boost Mobile in 2019 and created a series of ads to "boost," or further expand the brand into Spanish communities. He was featured in a Super Bowl commercial in February 2020 alongside other famous musicians such as Jennifer Lopez, DJ Khaled, and Steven Van Zandt.
Between September 2017 and September 2018, Pitbull earned $35 million between touring, endorsements, royalties and more. That was enough to make him one of the ten highest-paid rappers on the planet. Between September 2018 and September 2019, Pitbull earned $18 million.
In January 2021, Pitbull became a co-owner of the NASCAR Cup Series team Trackhouse Racing.
Personal Life
Pitbull has two children with Barbara Alba. They separated in 2011. He is the father of two other children, but he has kept the details of the parenting relationship quiet from the media.
Philanthropy
Pitbull is involved in many charities. In 2017, he used his own private plane to transport victims who needed medical help from Puerto Rico to the mainland United States during Hurricane Maria. Pitbull focuses on helping the Latino community in his hometown of Miami's Little Havana. Over the years, he has focused on efforts that will help in closing the poverty gap through education. He started a tuition-free public charter school called Sports Leadership and Management in Little Havana. The program now operates in Las Vegas and Atlanta as well as Miami. It has a 96 percent graduation rate.
In December 2020, Pitbull performed for first responders in Times Square during the COVID-19 pandemic for New Year's Eve.