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Here are 9 Things Queen Latifah Did to Establish Her $70 Million Empire

Fredrick Ochami by Fredrick Ochami
November 28, 2022
in Business, Entertainment
0
Here are 9 Things Queen Latifah Did to Establish Her $70 Million Empire

Photo credit: shape

Queen Latifah is among the most essential Black female rappers of all time.

She has also had plenty of firsts, including:

  • The first rapper, male or female, to receive a Hollywood Walk of Fame star
  • The first Black female rapper ever nominated for an Academy Award (for Best Supporting Actress in “Chicago”)
  • “Black Reign” was the first album from a Black female rapper to get an RIAA certification

For a woman with such an illustrious and award-winning career, Queen Latifah always stays motivated to do more and earn more.

She has diversified her sources of income to establish a net worth of $70 million.

What contributes to this staggering amount of money, though?

Music

Queen Latifah has released 7 studio albums:

  • All Hail The Queen
  • Nature Of A Sista’
  • Black Reign
  • Order In The Court
  • The Dana Owens Album
  • Trav’lin’ Light
  • Persona

“Black Reign” and “The Dana Owens Album” were certified Gold by the RIAA, and she has won plenty of awards.

She has also released plenty of collaborations with other artists.

Movies

Queen Latifah
Photo credit: queenlatifah – Instagram

Queen Latifah is no slouch when it comes to acting.

Since 1991’s “Jungle Fever,” she has appeared in almost 100 movies.

She has also been a producer of nearly 50 films.

She now stars in The Equalizer, already renewed for a second season and garnering millions of viewers per episode.

Flavor Unit Entertainment

Queen Latifah
Photo credit: 21Ninety

The Flavor Unit is an entertainment company Queen Latifah co-founded with Shakim Compere.

It produces TV shows and movies like Beauty Shop, Bessie, The Equalizer, and Scream: Resurrection.

With such hit TV shows and movies, Flavor Unit Entertainment is among the industry’s most powerful production companies.

Endorsements

Queen Latifah
Photo credit: queenlatifah – Instagram

Queen Latifah is no stranger to endorsements.

She has worked with several companies like Pizza Hut, Jenny Craig, and Cover Girl.

Bestselling Book

Queen Latifah
Photo credit: Amazon

Queen Latifah is definitely multi-talented.

In 1998, she teamed up with Karen Hunter to write “Ladies First: Revelations of a Strong Woman.”

The memoir quickly became a bestseller.

The Queen has also written a children’s book, “Queen of the Scene,” and a self-help book for young women, “Put On Your Crown.”

Affordable Housing

Queen Latifah
Photo credit: queenlatifah – Instagram

In 2019, Queen Latifah worked on an affordable housing project in New Jersey.

She used BlueSugar Corporation to fund the housing project, which cost upwards of $14 million.

The project has a three-story mixed-use building and 20 three-family townhouses.

It also has a fitness center and commercial space for nonprofits.

Partnership With Essence Ventures

In 2018, Flavor Unit Entertainment teamed up with Essence Ventures to invest $20 million in content for Black women.

This money went towards helping Black women secure financing, develop, and produce their projects.

The Queen Collective

Queen Latifah
Photo credit: Adweek

In 2019, Queen Latifah launched The Queen Collective.

This mentorship program helps Black female directors with their film careers.

The Queen Collective is a partnership with Tribeca Studios and Proctor & Gamble.

Real Estate

Queen Latifah
Photo credit: TopTenRealEstateDeals.com

In 2015, Queen Latifah moved to the West Coast after selling her home in Colts Neck, New Jersey.

The custom home, built in 2001 as per her instructions, was sold for just over $2 million.

In the same year, she sold a home she co-owned with Jeannette Jenkins in LA for $1.65 million.

Tags: Queen Latifah
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