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How Wiz Khalifa Earns His Money—and What’s Known About His Spending

Wiz Khalifa’s $70 million fortune is an estimate, not a verified figure. Past reporting documents earnings from touring, merchandise and business ventures, but not his current wealth or spending.
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Wiz Khalifa’s often-quoted $70 million fortune is an estimate, not a verified account of his current wealth. The clearest public figures describe earnings in specific past years: Forbes reported an estimated $11 million for the year covered by its 2011 profile and $28 million in 2017. Those figures show how touring, merchandise, music and business ventures have contributed to his career; they do not establish his current income, net worth or personal expenses.

Is Wiz Khalifa worth $70 million?

There is no verified public balance sheet establishing Wiz Khalifa’s net worth at $70 million. Sporting News noted that estimates from different sites ranged from about $55 million to closer to $70 million, and cautioned readers about treating the higher figure as certain. These are estimates, not values confirmed by financial records. The exact current figure is unknown.

Net worth and annual earnings are also different measures. Net worth is an estimate of assets minus liabilities at a point in time; earnings refer to money brought in over a period. The reported $11 million and $28 million figures below are historical earnings estimates. They cannot be added together to calculate a fortune: the available reporting does not establish taxes, expenses, debts, ownership shares, or the value of his assets and businesses.

How Wiz Khalifa has earned money

Touring and live performances

Forbes estimated that Khalifa earned $11 million in the year covered by its August 2011 profile, with much of that income attributed to touring and merchandise. The profile counted 133 shows between May 2010 and May 2011. Those numbers describe a particular early-career period, not his present-day annual earnings.

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In the same profile, AEG chief Randy Phillips described Khalifa as a potential rising star in the live-music business: “We identify him at our company as one of the next potential superstars in the genre and as someone who will develop into a major hard ticket act.” The quote reflects the outlook at the time, rather than a measure of his current touring income.

Merchandise

Forbes’ 2011 account described tour shirts, branded rolling papers and a limited-edition 420 kit, and reported strong merchandise sales at shows and through Hot Topic. The examples show how Khalifa’s public image and fan demand supported merchandise alongside live performances at that time. They do not establish current sales or profit.

Khalifa Kush and the Weed Farm app

Forbes reported that Khalifa earned $28 million in 2017 in connection with Khalifa Kush and the Weed Farm mobile app. The article also said the app had reached four million downloads since its release that April. These are figures reported for 2017; they do not disclose current revenue, profit, Khalifa’s ownership share, or the brand’s valuation.

The business has also pursued expansion beyond the United States. In a 2024 Forbes interview, Khalifa Kush said it planned to enter the German market, with Berlin-based Sanity Group as its distribution partner. That report documents an expansion plan, not proof of current product availability in Germany or any other location. Cannabis rules and availability vary by jurisdiction.

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Khalifa has described the overlap between his identity and his business in personal terms: “At the end of the day, everything I do business-wise is part of my real life anyway.” Forbes quoted him saying this in 2017.

Music, recordings and label activity

Khalifa’s music career is the foundation for his audience and business opportunities. The Associated Press reported that the 2010 mixtape Kush + Orange Juice helped define his early career, while “See You Again,” his hit with Charlie Puth, became a diamond-selling record. These milestones demonstrate the reach of his music, but the available sources do not quantify current royalties or the value of his catalog.

Forbes also described Khalifa and longtime manager Will Dzombak as leading Taylor Gang Entertainment, whose roster at the time included Juicy J and Ty Dolla $ign. That reporting establishes a label and artist-business structure in that period; it does not show the label’s current status or how much personal income Khalifa earns from it.

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What is known about his spending?

The specific personal-spending claim in the available reporting is historical and comes from Khalifa himself: Forbes said in 2011 that he had once claimed to spend more than $10,000 a month on cannabis. This is an attributed claim, not independently verified spending data, and it should not be read as a description of his habits today.

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Best Value

No reliable, current, itemized breakdown is established for Khalifa’s housing, travel, cars, taxes, investments or other expenses. Photos, lyrics and brand imagery are not evidence of what he owns or spends.

What the public figures do—and don’t—show

Figure or claim What it describes What it does not establish
$11 million Forbes’ estimate of Khalifa’s earnings for the year covered by its August 2011 profile. His current annual income or retained wealth.
133 shows Forbes’ count of performances from May 2010 through May 2011. His current touring schedule or income.
$28 million Forbes’ report of 2017 earnings associated with Khalifa Kush and the Weed Farm app. Current business revenue, profit, ownership share or brand value.
Four million downloads Weed Farm downloads since its April 2017 release, as reported by Forbes in 2017. App revenue or current usage.
About $55 million to closer to $70 million Range of net-worth estimates discussed by Sporting News. A verified current net-worth figure.

Together, the reporting offers snapshots of past earnings and business activity, not a complete account of Khalifa’s present finances. His current net worth, income by source, personal spending, asset values and liabilities remain unverified.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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