Raekwon net worth is $16 million in 2023. Corey Woods is his real name. But, he is popularly known by his stage name, Raekwon. He is a well-known American rapper. Raekwon gained fame as a hip-hop artist from the Wu-Tang clan, and he’s also recognized for his solo music and acting.
Moreover, he stands out as a unique success story, starting in the Wu-Tang clan and achieving individual success. Notably, he was part of the million-dollar Wu-Tang record sold in 2015, which was later acquired by a now-jailed former billionaire.
Raekwon Net Worth
Raekwon net worth is $16 million. He earns mainly from his music career. Furthermore, Raekwon earned $5 million with the Wu-Tang Clan and another $5 million from his solo work. In addition, he owns a $3 million home in Manhattan, New York. Moreover, his monthly income is over $120,000, and his yearly income exceeds $1.5 million.
Raekwon Net Worth Growth in Previous Years
Net Worth in 2023 | $16.0 Million |
Net Worth in 2022 | $14.5 Million |
Net Worth in 2021 | $13.0 Million |
Net Worth in 2020 | $11.5 Million |
Net Worth in 2019 | $10.5 Million |
Net Worth in 2018 | $10.0 Million |
As of 2023, Raekwon net worth is $16 million. His net worth is growing each year by $5 million. You can also notice that this growth is steady over the years. Thanks to his immense popularity and focused work ethic.
Early Life and Bio of Raekwon
Raekwon, whose real name is Corey Woods, grew up in Brownsville, Brooklyn and raised by his mother. His father was absent due to addiction, and Raekwon met him only once as a child.
They moved to Staten Island after a robbery, living in Park Hill when he was a teenager. Raekwon’s name comes from the Five-Percent Nation, influenced by his young age. After that, he converted to Islam in 2009. In his upbringing, he saw his mother suffer abuse and that has left a strong impact on him.
Furthermore, he was kicked out of their home after a conflict with his mother’s boyfriend, leading him to struggle with violence and addiction. Witnessing the crack epidemic’s effects prompted him to change.
Raekwon and Ghostface Killah went to the same junior high. At New Dorp High School, he connected with rappers Remedy, Method Man, and Inspectah Deck. After surviving a shooting, Raekwon turned to rap, realizing its importance.
Real Name | Corey Woods |
Nickname | Raekwon |
Famous as | Rapper |
Date of Birth | 12 January 1970 |
Age | 53 years (as of 2023) |
Profession | Rapper, Musician |
Birthplace | Brooklyn, New York, United States |
Education | New Drop High School |
Nationality | American |
Net Worth | $16 million (approximately) |
Marital Status | Married |
Partner | NA |
children | Cori Andrea and Jabairi Woods |
Religion | Islam |
Zodiac sign | Capricorn |
Ethnicity | NA |
Parents | Andrea woods |
Siblings | Kareen Woods |
Social Media | Instagram, Twitter, Youtube |
Wu-Tang Clan
Woods started rapping under the name Sha Raider. In 1992, he became part of the Wu-Tang Clan, a rap group from New York City. And after some time, he adopted the name Raekwon The Chef and also used other names like Lex Diamonds, Shallah Raekwon, and Louis Rich.
The Wu-Tang Clan released their debut album “Enter the Wu-Tang (36 Chambers)” in November 1993, which went platinum. One of its songs, “C.R.E.A.M.,” also reached #8 on the Billboard rap chart.
In addition, they followed with the double album “Wu-Tang Forever” in 1997, which became 4x multi-platinum. The group released more albums like “The W” in 2000, “Iron Flag” in 2001, and “8 Diagrams” in 2007, alongside solo albums by its members.
Only Built 4 Cuban Linx
In 1994, Raekwon signed a solo contract with Loud Records and released his first solo single “Heaven & Hell” for the movie Fresh’s soundtrack. Furthermore, his debut solo album, titled “Only Built 4 Cuban Linx…,” came out on August 1, 1995.
Although it didn’t sell as much as fellow Wu-Tang member Method Man’s album “Tical,” Raekwon’s album received enthusiastic reviews and quickly gained a reputation as a classic. The album’s story revolves around overcoming struggles, especially involving criminal activities like cocaine trafficking, and transitioning to a better life.
Wu-Tang member RZA, who produced the entire album, described it as resembling a crime mafia tale. Ghostface Killah, another Wu-Tang member, also contributed to over half of the album’s tracks, with some lyrics written in Barbados and Miami.
Raekwon explained that the lyrics are about aspiring to escape the difficult circumstances of the neighbourhood. He further believed the album was meant for a particular lifestyle or those who understood its language. However, over time, it started to be seen as a movie-like experience that earned respect for its authenticity and uniqueness.
“Only Built 4 Cuban Linx…” launched at No. 4 on the Billboard 200 albums chart and reached No. 2 on Billboard’s Top R&B/Hip-Hop Albums chart. In its first week, it shipped around 130,000 copies and was later certified gold, with at least 500,000 copies shipped, by October 1995.
More Solo Works
In 1999, Raekwon brought out his second solo album called “Immobilarity.” It climbed into the top ten of the US album charts and became Gold-certified just a month after its release.
Later, in 2003, he released “The Lex Diamond Story,” featuring appearances by Wu-Tang members like Ghostface Killah, Masta Killa, Method Man, Inspectah Deck, and Cappadonna. However, it didn’t match the success of Raekwon’s earlier work.
After some delays, Raekwon finally dropped his highly anticipated fourth solo studio album, “Only Built 4 Cuban Linx… Pt. II,” in the summer of 2009. This album, featuring many Wu-Tang members, debuted at number four on the Billboard 200 and reached number two on the Top R&B/Hip-Hop Albums chart.
In 2011, Raekwon released his fifth album titled “Shaolin vs. Wu-Tang.” Busta Rhymes and Black Thought also appeared in this album along with some Wu-Tang members. He then released the mixtape “Lost Jewelry” and the album “Fly International Luxurious Art.”
In 2017, his first studio album without fellow Wu-Tang members’ contributions, titled “The Wild,” came out. Raekwon’s upcoming album is “Only Built 4 Cuban Linx… Pt. III,” continuing his musical journey.
Other Collaborations
In 2010, Raekwon teamed up with fellow Wu-Tang members Ghostface Killah and Method Man for a collaborative album called “Wu-Massacre.” Furthermore, it entered the Billboard 200 at number 12 and received mostly positive reviews from critics.
Raekwon also joined forces with other artists on different songs. For example, in 1997, he contributed to a track on Allure’s debut album. He also performed on Fat Joe’s song “John Blaze,” alongside Big Pun, Nas, and Jadakiss.
Personal Life
In 2009, Raekwon became a follower of Islam. His interest in the faith began when he was a child and learned about the Five-Percent Nation, a movement influenced by Black Islam that started in 1964.
He is married and also has a daughter named Cori Andrea Woods and a son named Jabairi Woods. His mother is Andrea Woods. He has a brother too, named Kareen Woods along with two more siblings.
Raekwon Social Media Profiles
Here are the links to social media accounts of Raekwon:
- Instagram: Click Here
- Twitter: Click Here
- Youtube: Click Here
FAQs About Raekwon
What is Raekwon net worth?
Raekwon net worth is $16 Million.
How old is Raekwon?
Currently, Raekwon is 53 years old (12 January 1970).
How much does Raekwon make annually?
Raekwon earns an estimated salary of $1.5 Million per Year.
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