Wiz Khalifa Says He Will Earn Nine Figures in 2012

Wiz Khalifa landed on Forbes’ annual Hip-Hop Cash Kings list last year, earning $11 million dollars and ranking in at No. 11 on the tally. Now, the Taylor Gang head honcho says he plans on making a total of nine figures in 2012.

While hosting a listening party for his upcoming project Taylor Allerdice over the weekend, Wiz chopped it up with Forbes Staff member Zack O’Malley Greenburg, revealing his plans of surpassing last year’s earnings.

“Oh yeah, man, I’m going to make $100 million this year,” Khalifa said. “No doubt, $100 million. The new mixtape [will] get everybody ready and get their wallets open.”

The Pittsburgh native is expected to have an average gross of $100,000 per night, due to his constant touring and show appearances, according to Forbes.  Wiz’s mass appeal leads to his merchandise sales doubling fellow hip-hop artists, as his loyal fans contribute between $5-$15 per head, compared to the $2-$3 per head other rappers receive. Pop artists Justin Bieber and Taylor Swift generate similar merchandise sales, yet neither of the singers approached $100 million in 2011.

50 Cent, known for his business savvy, is the only rapper able to boast a nine figure yearly net-worth in the five years that Zack O’Malley Greenburg has tracked hip-hop earnings, due to the selling of his share of Vitamin Water, O’Malley writes in the blog post. According to an additional Forbes Report, in the past five years combined, only Jay-Z, Diddy, Kanye West, and 50 cent have surpassed the $100 million mark.

In related news, as XXL previously reported, Wiz published an open letter to his fans on his personal Tumblr account, apologizing for the quality of his debut album, Rolling Papers.

“No regrets though,” said the marijuana enthusiast. “We live and we learn. So for my fans sake and own personal enjoyment, Ive gone further into the world we’ve created and elaborated on our genre with the mixtape, Taylor Allderdice and of course my sophomore album, ONIFC.” —Christian Bonoan @chrisakachise

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  • burghkid

    It’s spelled PittsburgH* dude

  • nawwwww

    This shit right here is why people don’t take rappers seriously…they say some dumbass unrealistic shit.

    • ryan

      thing is.. when wiz was broke, if he said he was gonna earn 10 milli before he was 25, everyone woulda said that was unrealistic.. theres nothing unrealistic about this

      • yeooooo

        you clearly don’t know how much 100 million dollars is.

        Since he is still under a label, he prob makes 1-3 dollars per album that he sells, prob 150k per concert

        So if he sells 10 million records, which he wont, that would bring in roughly 20 million, do 40 shows, 6 million, maybe 2 mil ish from endorsements, he is no way earning 100m, not even close

        100 million is a lot kid

  • riiiiiiight

    somewhere amber rose is smiling and thinking how to spend it………….

  • Derpcityusa

    Won’t happen. Jay Z made 37 million last year even with his successful non music business ventures. And since Wiz isn’t really in that tier among Jay Z, Kanye, Lil Wayne tops he will make is 20 and that’s a stretch.

  • http://www.xxlmag.com kHALIFA

    i feel like if he makes 10 milion wtf place does any have expecially if you have to make rude comments about him…Like really fall back wether he makes 1000million Ofcourse every where you look theres a “HATER”.I <3 WIZKHALIFA…

  • Two Nice

    Wiz can do it. The man does 2-3 shows a night. Has crazy endorsements. Is about to get an endorsement with Converse. And his mixtape and album are coming out. The man can get it if he wants it just like he got into the game by himself. Stop hatin on the man and make some money yaself.

  • http://xxlmag.com Ghostface

    I thought rolling papers was dope, no need to appoligize

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  • http://hiphopnews James L

    I think honestly it would be extremely hard to achieve that goal in 2012. Iam far from a hater, but realistcialy with the ecomomy the way it stands that is a high end number 100 millon. And to see people such as jay z and diddy and bird man, not pulling in those type of numbers is even harder to see realistcialy. For him to even achieve half of his goal of 50 millon would be more realistcial. Personaly i would be happy to see a young black man achieve that kind of succes.

  • Christian

    he’s Doinq The Same As 50 Cent . He’s Gonna Get A HUGE Endorsment Deal And He’s Gonna Make A Lot Of Money Of His Fanbase

    • ronnieJ

      no one will want to give him a huge endoresment until weed becomes more socially acceptable. we all know lil wayne smokes weed but you dont see him do it all the time. Wiz khalifa smokes weed all day everyday like cigarettes and he refuses to hide it bc that’s who he is and i dont blame him i do the same. but sad to say until more states become weed legal and the views on weed become less negative it’s not gonna happen because these companies dont want to associate themselves with something or someone that is considered “BAD”. but things are changing and when they do wiz will get all kinds of endorsements…

  • steve

    he probably will. the dude signed juicy j recently and is making a killing off merchandise and the 2050 tour…i wouldnt doubt it