What Is Sean Kingston's Net Worth?
Sean Kingston is a Jamaican-American rapper who has a net worth of $400 thousand. Sean Kingston is best known for tracks like "Beautiful Girls," "Fire Burning," and "Eenie Meenie." Sean's career began when he was discovered on MySpace in the mid-2000s. After he secured a record deal, Kingston released a number of tracks and albums that charted well in both the US and the UK. He continues to release music.
Outside of his musical achievements, Kingston is known for experiencing various financial and legal issues over the years. Despite being a popular musician, Sean has struggled with wealth management over the years. Court documents eventually revealed that he was in seriously dire straits from 2016 to 2017. There is much more on these issues later in this article below.
Early Life
Kisean Paul Anderson was born on February 3, 1990, in Miami, Florida. Raised alongside two siblings, Kisean eventually moved to Kingston, Jamaica, with his family at the age of 6. As a teen, he attended Ocho Rios High School in Jamaica before moving back to the United States. Anderson was born into a musical family, as his father was the famed reggae producer Jack Ruby.
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Career
In the mid-2000s, Kingston was discovered on Myspace and subsequently signed a record deal with Beluga Heights and Sony. During the next period, Sean was told to make his rapping more "melodic" so that it would appeal to a wider audience. In 2007, he released his first breakthrough track, "Beautiful Girls." The track topped the charts not just in the United States but also around the world. Throughout the rest of 2007, Sean toured with artists like Kelly Clarkson and Gwen Stefani.
Kingston followed up in 2009 with the album "Tomorrow," which featured artists like Wyclef Jean and RedOne. Tracks like"Fire Burning" and "Face Drop" helped the album gain praise from critics. During this period, he collaborated with artists like Jason Derulo and Sugababes. His next album contained the hit "Eenie Meenie," which featured Justin Bieber.
Sean followed up with a mixtape called "King of Kingz." In 2012, he toured with Jason Derulo and Bow Wow. Throughout the next few years, Kingston collaborated with artists like Vybz Kartel, Giusy Ferreri, and Tory Lanez. In 2020, Sean announced that he was creating the Professional Rapper Boxing League.
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Jet-Skiing Accident
In 2010, Sean Kingston almost lost his life while jet-skiing off the coast of Miami. After suffering injuries, he was immediately rushed to the hospital. While he eventually recovered, the rapper faced consequences for what Miami police called "careless operation" of a jet ski. He was fined $180 and was not able to ride jet skis until 2018.
Financial Issues
In March 2014, Kingston sparked rumors that he was having money troubles when his Mercedes Benz G-Class SUV was repossessed after he fell three months behind on the payments. A week later, his Bentley was repossessed outside of a Hollywood hotel. On July 28, 2014, Sean's Lamborghini was repossessed after he parked it on the street near Hollywood and Vine. Kingston reportedly had not made a payment on the Lambo for six months.
His financial issues continued. A number of jewelers soon came forward with allegations that Kingston had failed to pay them for items. One New York-based jeweler known as "Aqua Master" filed a lawsuit against Kingston, and a judge ruled in his favor, ordering Sean to pay him over $300,000. Aqua Master contended that Kingston failed to pay for nine pieces of jewelry. While Sean had put down a $1,000 deposit, he failed to pay the remaining sum, Aqua Master alleged.
Kingston had been previously sued by a Florida-based jeweler who accused Sean of not paying for $48,000 worth of items. In 2015, he was sued by yet another jeweler in New York called Avi Da Jeweler. Kingston was ordered to pay Avi $356,000 in damages after he failed to pay for a number of watches. Avianne Jewelers allegedly locked Kingston in a car and drove him to a remote area before dumping him outside unceremoniously after he refused to pay the full amount for a luxury watch. The jewelers took back the watch during this incident before kidnapping allegations were made by Sean.
At least one of these jewelers was not able to receive the legal damages from Kingston because of his terrible financial situation. As a result, reports surfaced that suggested Sean's music royalties may be seized in order to pay off the sum of over $300,000 that he owed to at least one jeweler. Unfortunately, Kingston also failed to pay his lawyers during this entire ordeal. After months of publicly denying his financial and legal issues, he was forced to admit in 2017 that he was indeed broke. This came after a half-hearted attempt to flaunt his wealth on social media with the apparent purchase of a house and a new car.
While Sean didn't publicly state on social media that he was completely out of cash, he did file court documents that claimed he only had $500 in his bank accounts. One lawyer eventually reached an agreement with Kingston that involved intermittent payments of $20,000. However, Kingston failed to make these payments and, therefore, breached the agreement. This put Sean back in court. When the rapper failed to fill out a financial form, he was held in contempt of court.
At this point, Kingston claimed to be living with his mother. He further claimed to own no property or automobiles. Many of his accounts had a negative balance, and the only income that he seemed to be making was from a one-time payment of $2,000.
In December 2020, a warrant was issued for Sean's arrest for an allegedly unpaid tab, which led to charges of grand theft. According to TMZ, Kingston did not pay for several new pieces of jewelry that he had delivered.
2024 Fraud Arrest
In May 2024, Sean and his mother were arrested on fraud and theft charges after SWAT raids on his rented mansion in Florida. His mother was arrested at the home in Florida, while Sean was arrested in California after a performance. According to various reports at the time of the arrest, the fraud charges stem from a 232-inch, $150,000 television that was installed at the home. They allegedly did not pay for the entertainment system.
A few days after his arrest, Kingston was hit with 10 charges. The charging documents claim Kingston and his mother defrauded a jeweler out of roughly $1 million worth of various items, including $480,000 from a jeweler, $160,000 from a car dealership for a Cadillac Escalade, and $86,000 for a custom bed. His mother was charged with eight counts, including defrauding banks and check fraud.
Speaking with local reporters at the time of his arrest, an attorney representing the electronics company that installed the TV claimed:
"He said that he works with Justin Bieber and that he, obviously, puts on a big show here, this is a rental house, he doesn't own it. He lures people using his celebrity into having them release things without having him pay for it and then he simply never pays.
He is stealing the property itself. He has a standardized script that he gives people, which is that he's a recording artists, that he's certainly is, and that he wants to purchase these things, but he never pays for anything. He gets the stuff and that's the end of the story. He does it over and over and over."
Rented Florida Mansion
As we stated a moment ago, SWAT members raided Sean's Florida mansion in May 2024. According to real estate records, Kingston does not appear to be the owner of the mansion, he is a renter. The home was purchased in March 2021 for $2.25 million. It was listed for rent in September 2023 for $35,000 per month. The rental listing was removed in November 2023, presumably around the time Kingston moved in.
