A mother of legendary rapper (Notorious B.I.G.), businesswoman, writer, and retired professional teacher, Voletta Wallace is now making her name in the music industry. Voletta has played various roles throughout her life, from working as a secretary to fulfilling her dream of becoming a teacher to adjusting her economic growth. She is known for her exceptional movie productions and philanthropic efforts in the music industry. Currently, Voletta has stepped into the spotlight, taking on the responsibility of managing her late son’s impact on the musical arena and ensuring the value of his estate. Let’s delve deeper into how Voletta Wallace’s professional career contributes to her net worth.
Voletta Wallace’ Net Worth: Life, Career and Wealth
According to CelebrityNetworth.com, Voletta Wallace, a businesswoman and author, has a net worth of $20 million. She is well-known as the mother of the late rapper The Notorious B.I.G., also known as Biggie Smalls, Big Poppa, and Christopher Wallace. After Biggie’s tragic death in 1997, Voletta became the guardian of his legacy and managed his intellectual property.
Voletta Wallace’s wealth mainly comes from the music royalties of Biggie’s extensive catalog. Her dedication to preserving her son’s legacy has significantly contributed to her net worth. She continues to honor Biggie’s memory and ensure his impact on the music world remains strong.
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Category
Voletta Wallace is best known for her connection to the music industry through her son, The Notorious B.I.G. She is also recognized as a successful businesswoman and author.
Net Worth
Voletta Wallace has a net worth of $20 million. This wealth largely comes from managing her late son Biggie’s music and legacy, which makes her a significant figure in the entertainment industry.
Birth Date
Voletta Wallace was born on February 3, 1953. She is currently 71 years old, and her life has been marked by her dedication to preserving her son’s legacy.
Birthplace
Voletta Wallace was born in Jamaica. She later moved to the United States, where she built her career and raised her famous son.
Gender
Voletta Wallace is female. She has made a name for herself in a predominantly male industry by carefully managing her son’s estate.
Height
Voletta Wallace’s height is not specified.
Profession
Voletta Wallace is a retired teacher and the founder of the Christopher Wallace Memorial Foundation. This foundation helps keep the memory and contributions of her son, The Notorious B.I.G., alive.
Nationality
Voletta Wallace is Jamaican. She proudly carries her heritage and has used her platform to honor her cultural roots while managing her son’s legacy in the United States.
Early Life
Voletta Wallace was born in Trelawny, Jamaica on February 3, 1953. She moved to the United States and initially worked as a secretary while attending nursing school. After her son, Christopher Wallace (The Notorious B.I.G.), was born, she shifted her focus to teaching and often worked two jobs while earning her Master’s degree.
Voletta was dedicated to providing a good life for her son, ensuring he had a quality education, clean clothes, and a comfortable home. After Biggie’s tragic death, she became the manager of his estate and founded the Christopher Wallace Memorial Foundation. In 2005, she hired Wicked Cow Entertainment to help with licensing efforts, such as producing blankets and action figures to honor her son’s legacy.
Early Career
Voletta Wallace’ early career was marked by several notable appearances in film and television. In 2018, she appeared in the film “City of Lies,” which explores the murders of Tupac Shakur and The Notorious B.I.G. She has also been featured on TV shows like “Behind the Music” (2001), “106 & Park” (2007), and “Tavis Smiley” (2009).
In addition to her media appearances, Voletta Wallace has actively managed legal battles concerning her son’s estate. She has faced disputes over copyright and trademark issues related to Biggie’s music and image. These legal efforts have sometimes led to settlements or court victories, which have helped maintain and increase the value of Biggie’s estate.
Business Ventures
Voletta Wallace has pursued various business ventures to honor her son’s legacy. She has been involved in producing documentaries and films about The Notorious B.I.G. She served as an executive producer for “Biggie: The Life of Notorious B.I.G.” (2017) and “Biggie: I Got a Story to Tell” (2021). Additionally, she co-produced the 2009 film “Notorious,” where Angela Bassett portrayed her.
In 2005, Voletta published a memoir titled “Biggie: Voletta Wallace Remembers Her Son, Christopher Wallace, aka Notorious B.I.G.” This book offers a personal glimpse into Biggie’s life from his mother’s perspective. Through these ventures, Voletta continues to keep her son’s memory alive and share his story with the world.
How Much Voletta Wallace Has Donated To Charity?
Voletta Wallace has shown her commitment to giving back through philanthropic endeavors, particularly in memory of her son, The Notorious B.I.G. She founded the Christopher Wallace Memorial Foundation, which focuses on providing educational opportunities and empowerment programs for youth, as well as supporting communities in need.
Her dedication to philanthropy has earned her recognition and awards for her outstanding contributions to charitable causes. Through her foundation and other initiatives, Voletta Wallace continues to make a positive impact on the lives of others, honoring her son’s legacy by helping those in need.
Brand Ambassador
Voletta Wallace is not directly a brand ambassador for any firm, but she plays a crucial role in managing her late son’s legacy. The William Morris Endeavor (WME) agency signed a management deal with the estate of The Notorious B.I.G., partnering with Voletta to oversee his brand and legacy.
This partnership with WME’s Legends group allows Voletta Wallace to effectively manage Biggie’s estate, ensuring his music and image are properly represented. Through this deal, Voletta helps maintain and grow her son’s legacy, making strategic decisions that honor his memory and introduce his work to new audiences.
Financial Lessons You Can Learn From Voletta Wallace’ Career & Investments
Voletta Wallace’s career and investments offer valuable financial lessons for anyone looking to manage their money wisely. One key lesson is the importance of diversification. Throughout her career, Voletta has explored various business ventures, from producing documentaries to managing her late son’s estate. By diversifying her income streams, she’s been able to mitigate risks and maximize opportunities for growth.
Another lesson we can learn from Voletta is the power of long-term planning. Despite facing challenges and legal battles, she has remained dedicated to preserving her son’s legacy and securing his financial future. Voletta’s perseverance and strategic decision-making highlight the importance of setting clear financial goals and sticking to them over time.
By following Voletta Wallace’s example of diversification and long-term planning, we can build a solid financial foundation and achieve our own success.
Conclusion
Voletta Wallace’s financial journey is a testament to her strength and determination, which inspired many along the way. Voletta’s unwavering love for her son and commitment to honoring his memory have solidified her as a respected figure in the hip-hop world. Moreover, her charity work supports aspiring artists and provides educational opportunities. Reflecting on Voletta Wallace’s remarkable story, we gain insight into the power of love and support behind every great artist. For those facing financial hurdles, services like Beem’s Everdraft™ offer instant access to cash without the need for credit checks or interest, helping individuals manage short-term needs and focus on their goals.
