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How much is Fabolous worth? Fabolous is worth $20 million, according to Celebrity Net Worth, though some websites list his fortune as $23 million. Either way, the Brooklyn rapper has come along way from his days growing up in the Brevoort Houses projects in his New York City borough’s Bedford-Stuyvesant neighborhood. Fabolous was born John David Jackson on November 18, 1977, and his big break came in 1998, when DJ Clue invited the aspiring rhymer to appear on his Hot 97 radio show. Fab proved impressive, and in 2001, he dropped his debut full-length, “Ghetto Fabolous.” That record debuted at no. 4 on the Billboard 200, and all four of his subsequent discs have made the top 10. His most recent effort, 2009’s “Loso’s Way,” topped the charts, undoubtedly adding a few bucks to Fab’s bank account.

Fabolous’ net worth of $20 or $23 million doesn’t make him one of the richest rappers in the game, but he’s doing OK for himself. Like his Ciroc management boss Diddy, who tops the list of the world’s richest rappers with a net worth of $580 million, Fabolous is an entrepreneur, and in 2006, he unveiled his Rich Yung Society clothing line. Still, like fellow Brooklyn native Jay Z — no. 2 on the list of richest rappers with $500 million — he’s best known for his music, and he’s reportedly sold more than 3 million albums in the United States alone. Given that “Loso’s Way” was a no. 1 hit, it’s not surprising the rapper has chosen the name “Loso’s Way 2: Rise to Power” for his sixth album, due out sometime in 2014.

Given that he’s also famous for dating Emily Bustamente, a cast member on the popular reality series “Love & Hip Hop,” it’s likely that “Loso’s Way 2” will be a big hit. Ask what Fabolous’ net worth is in a year or two, and the figure may be far higher than $23 million.

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