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These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. With persistence he began to earn it back and, as of 2023, MC Hammer has a net worth estimated to be $1 million. MC Hammer when he lost almost everything and finally filed for bankruptcy protection. Perhaps he began spending money that he hadn’t earned yet feeling sure he could produce another smash hit.Īt his peak, MC Hammer had 17 cars, a private jet, and a $30 million mansion in California (after renovations).
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Maybe he was just a victim of his own success, not knowing how to manage the wealth that came overnight. Many attribute this to extreme spending habits and failing follow-up on his success hit “U Can’t Touch This”. The fortune that came with his fame was seemingly wiped out however in just 5 years. Burrell earned a fortune from his hit singles and had his name imprinted into the history of rap music. The success of MC Hammer was short-lived but not unnoticed. He continues to invest in tech companies and even owns shares in Twitter according to some recent interviews in 2020. Burrell even attempted to create a web search engine to rival Google but his ambitious project was shut down after one year. Even if he filed for bankruptcy, MC Hammer has said that he was never bankrupt in the true sense of the word and could still enjoy a decent living off his remaining assets.īurrell also tried to become a successful entrepreneur, by investing in different tech startups. A lifestyle that became unsustainable once his career took a downturn. Burrell has admitted that most of his fortune was spent on his lavish lifestyle. This was just 6 years after he released his hit single “U Can’t Touch This”, causing great public concern on how Burrell managed his fortune. In 1996, Burrell filed for Chapter 11 bankruptcy. Burrell made most of his money from music and when the music stopped, he seemed to eat away at his earnings faster than most of his peers who also experienced similar success.Īt the peak of his career, MC Hammer had an estimated net worth of $70 million. MC Hammer took a shot at entrepreneurship, however he was not able to make a significant fortune from his business endeavors.
Surprisingly, MC Hammer still has a considerable following across all his social media accounts. On social media, MC Hammer is still active and releases content quite frequently, showcasing his various activities, public events, and even some religious content.
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