Cornell Iral Haynes Jr., famous by his stage name Nelly is one of the American songwriters, Singer, Entrepreneur, and Rapper. He has a net worth of $40 Million. There is a great story behind his net worth, and if you read to the end, you shall understand his net worth, the facts on his IRS dues, and the reason behind the #SaveNelly Hashtag.
Net worth: $40 Million
Full Name: Cornell Iral Haynes Jr.
Nick Name: Nelly
Date of Birth: 2nd November 1974
Place of Birth: Austin, Texas, U.S.
Education: University City High School
Occupation: Songwriter, Rapper, Singer, Entrepreneur, Investor, Actor
Marital Status: Married
Wife: Shantel Jackson
No. of Children: 2
Early Life and Education of Nelly
Nelly, whose real name is Cornell Iral Haynes Jr., was born on 2nd November 1974 in Austin, Texas, the U.S. He went to Cornell Hayne Sr. and Rhoda Mack, and his father worked as an armed force officer. Nelly’s parents divorced when he was only seven years, and he moved with his mother and lived in St. Louis, Missouri.
While he was a teenager, he showed his interest in the music industry when he formed his own band and named it The St. Lunatics alongside his friends Ali, Murphy Lee, Kyjuan, and Slo’Down, and also his half brother City Spud. The band had a local success but failed to score a record deal after producing “Gimme What Ya Got,” which forced him to launch his solo career in 1997.
After his education in high school, he joined the University City, Missouri.
Professional Career of Nelly
His music career and enthusiasm started back in his high school days in 1993 when he, together with his friends and half brother, formed a music band named The Lunatics and produced their first song, “Gimme What Ya Got.”
In 1999, he signed a musical deal with Universal Studios owned by A&R Kevin Law. In 2000, he decided to drop the contract and decided to go solo with the same label, but his friends despised him much. He later that year launched his debut studio album County Grammar that gave him a breakthrough. His studio album topped as a single song in the Billboard Records at number 7 and number 1 among the hot 100 and Hot Rap tracks category. This album was his best-selling, which made sales above 10 million.
In 2002, he launched his second studio album titled Nellyville. In the album “Hot in Here,” one of the singles gained global recognition and auctioned over 7.6 million pieces. The album later gained a significant following when it was certified double platinum six times by RIAA in 2003.
In 2004, Nelly launched a third studio album named “Sweat.” The album gained many positive ratings and reviews that made it top on the U.S. and international music charts.
More About Nelly
In 2005, he featured in a comedy film called “The Longest Yard,” where he played “Earl Megget.” In the same year, 2005, Nelly dropped his fifth studio album “Brass Knuckles,” an album that gave him a lot of following and success.
In 2010, he dropped the sixth studio album that he named “5.0” that he released under the Universal Motown and Derrty Ent Label. One of the singles from the album “Just a Dream” was a massive hit in the music industry.
Between 2-13 and 2016, Nelly appeared in a reality TV show “Real Husbands of Hollywood” in 39 episodes.
In 2020, Nelly, together with Brad Paisley and other actors and actresses, featured on a Covid-19 friendly drive-in concert at the Hollywood Park Amphitheater in Louis, his hometown.
What caused the #SaveNelly Hashtag?
This is a Hashtag put forward by Nelly’s fans when he was slapped for his unpaid taxes. In August 2016, he had to pay a $2,412,283 federal tax lien that he was required to pay. In the same year, he was required to pay his unpaid taxes since 2013 that amounted to $149,511.
All these debts risk his assets to be seized by IRS; thus, his fan and other celebrities agreed to form the Hashtag to save him.
Personal Life of Nelly
Nelly started dating Shantel Jackson in 2014, who was an ex-wife to Floyd Mayweather. Shantel Jackson is an actress and a model.
Nelly’s Net Worth
Nelly’s net worth stands at $40 Million, the money he gained from his music industry engagement and live performances.
Real estate investment is a huge source of his net worth. He owns a five-bedroom.
Nelly also holds a 2679 home ranch that was a feature on MTV Cribs in 2002. He sold this home in 2010 for $740,158.