What is DMX's estate worth? Late rapper's family files petition to gain control
DMX has a total of 14 legally recognized children, however, descendants above the age of 18 can only be appointed as administrators
Hip-hop icon DMX, whose real name was Earl Simmons, died on April 9, 2021, after he suffered a heart attack following a drug overdose on April 2. The 'Ruff Ryders’ Anthem' hitmaker, who was considered one of the greatest rappers, left his family in debt as his net worth closed at a negative $1M at the time of his death.
However, his family members are now pinning hope to get some money from the late rapper’s estate. According to Page Six, the family members of DMX have filed a petition to become the administrators of his estate. The publication reported that Desiree Lindstrom, DMX’s fiancée, wrote that she wanted to be an administrator, adding that she should be considered his “common-law wife” through the legal system. However, Judge Helen Blackwood denied her petition. DMX’s first posthumous album called ‘Exodus’ was released on May 28 via Def Jam Records. The album sold an estimated 32,000 copies and secured a spot on the Billboard 200 chart.
How much is DMX's estate worth?
According to New York Daily News, the estate of late DMX is valued only at $50,000 despite selling more than 74M albums globally, as revealed by the court papers. DMX’s daughters and sons were earlier looking forward to becoming the administrators of the late rapper’s estate when he had breathed his last.
In the latest update, as reported by Page Six, DMX’s three adult sons from his marriage to Tashera Simmons — Xavier, 28; Tacoma, 21; and Sean, 19, are now petitioning to take over the rapper’s estate in addition to his two daughters from other relationships DMX had during his marriage.
‘There is no will from DMX and that’s a big problem’
Speaking on the issue of DMX’s estate, an insider spilled the beans saying, “There is no will from DMX and that’s a big problem. This is a difficult situation because there are a number of people vying to be named administrators. His fiancée Desiree tried to muscle in by asking the court to be named his common-law wife, which means she would have taken precedence over his children. But the court refused.” The insider added, Judge Helen Blackwood ruled that Lindstrom “did not have standing to file” as a common-law wife.
According to the court filings, DMX has a total of 14 legally recognized children. However, descendants above the age of 18 can only be appointed as administrators. Now, the court has set the next date of hearing on July 15. MEAWW will keep you posted on the same.