Growing up with a tough childhood didn’t stop him from paving his own path to success as a rapper, businessman, investor, and public figure. Here’s everything you need to know about Method Man’s net worth and business history.
Method Man, Clifford Smith, grew up with separated parents and spent his childhood shifting from living with his father in Long Island and his mother on Staten Island, NY. He grew up in the Park Hill projects with his mother and two sisters.
His journey started with selling and trying drugs.
But even with his shaky start, Method Man turned out to be the biggest rapper of his time. If you want to know more about his life, struggles, and his path to success, read on and get inspired.
Net Worth (2022) | $14 million |
---|---|
Age | 51 years (2022) |
Born | 2 March 1971 |
Real Name | Clifford Smith |
Height | 6 feet 3 inches |
Place of Origin | Staten Island, New York, USA |
Source of Wealth | Rapper, Businessman, Investor, Production House |
Investments | NFT, Cannabis, Production Company, Six AM |
Who is Method Man?
Smith was named Method Man by Wu-Tang producer RZA after the film The Fearless Young Boxer (1979). The word “Method” was slang for weed in their neighborhood. Growing up he was an avid lacrosse player and a member of the rap group Wu-Tang Clan.
Rumors say that he dropped out of school in the ninth and eleventh grades, and that’s when he started selling drugs. Smith loved to rap with Robert Diggs (Prince Rakeem, aka the RZA) and his cousins Gary Grice (the Genius/GZA), and Russell Jones (Ol’ Dirty Bastard).
When Prince Rakeem and GZA faced failures in the music industry, they welcomed new faces in their band — Method Man, Ol’ Dirty Bastard, Ghostface Killah, Inspectah Deck, U-God, and Raekwon to form the Clan.
Wu-Tang Ramps Up
The eight of them recorded their first single “Protect Ya Neck/After the Laughter,” on Wu-Tang Records in 1992. The record was a massive hit and sold 15,000 copies which led them to a deal with Loud Records. The label signed the group while giving them the freedom to do solo deals.
Loud Records added Smith’s “Method Man” in their first single album as the B-side. In 1993, the Wu-Tang Clan released Enter the 36 Chambers. The album was a hit, and by the end of 1994 sold over a million copies.
Soon Method released Tical, and it crushed the Billboard charts at No.4 and gained platinum status. Followed by the release of three back-to-back singles, The third single featuring Meth and Mary J. Blige’s “You’re All I Need to Get By/I’ll Be There” won the New York Times Song of the Summer award.
Owing to his huge success in the music industry, he soon became one of the most popular MCs of the mid-’90s. He started guest appearing on various music videos, and solo projects by the Clan members.
By 2019, he started investing in NFTs, real estate, and his own production company among many other business ventures.
Method Man’s Net Worth
Owing to his huge success in the music industry, and his business ventures, Method Man’s net worth is an estimated $14 million in 2022.
Method Man’s Investments
Method man is not just a rapper turned MC turned actor. But he’s also a strategic investor and a businessman. He has invested in many ventures and started his own business in the past few years.
Let’s take a look at his business ventures.
NFT
Method Man(Mef) loved reading superhero comic books, and he owns a huge collection of exclusive comic books like the Hulk. He’s also the host of the Marvel/Method, it’s a weekly podcast where actor and rapper Method Man interviews celebrity guests about life and all things fandom, Marvel comics, music, and more. Guests include DMC, Killer Mike, Jemele Hill, and many more.
Due to his love for comics, he created a world where he became a literal superhero rather than a lyrical superhero. With the popularity of the metaverse, Method Man saw the opportunity and created MEFaverse.
It’s a fully-gamified version of a comic book built on Web 3. It is part eCommerce, advertising, hip hop, tech, pop culture, entertainment, music, and serves as an income stream for independent holders who don’t rely on secondary market sales.
MEFaverse is a place that allows you to showcase your art, have joy, and comfort, and earn money. It’s a network of 3D virtual worlds that focuses on providing a safe place for anyone who loves hip-hop, comic books, gaming, Web 3.0, and art.
Cannabis
Mef started his cannabis business TICAL, named after his 1994 album, and it sells marijuana to black-owned dispensaries. TICAL stands for “Taking Into Consideration All Lives” and has raised approx. $300,000 with New York-based JLS Fund for its initial launch, and aims to bring in $3 million after release worldwide. He was never discreet about his love for marijuana and included references to it in his songs and movies.
Method Man is an entrepreneur who leads by example.
TICAL has collaborated with dispensaries in Denver, and Simply Pure and Wolfpac to serve minority and black-owned dispensaries. Method Man wants his cannabis brand to fight racial injustice by serving black women.
TICAL’s first three cannabis strains — named “Cake,” “Gelato” and “Crusher” — went on sale at four black-owned dispensaries in California.
Method Man isn’t the first celebrity who has his cannabis brand. Rapper Snoop Dogg, singer Willie Nelson, and comedian Tommy Chong have all endorsed their own lines of cannabis flowers, edibles, and other products.
Production Company Six AM
Cliff “Method Man” Smith and his manager, Shauna Garr, have formed the production company Six AM, an entertainment company.
For audiences of all ages, Six AM will produce a diverse range of content. As well as traditional television and theatrical releases, the company will focus on streaming, social media platforms, and other relevant technologies.
Method Man and Redman, who starred in the first film, are set to reunite in “How High 3,” which was recently sold to Universal 1440.
In 2020, Garr helped Method Man turn his passion for comic books into the SiriusXM podcast “Marvel/Method.” Garr executive produced “How High 2” for MTV after having produced the first film.
“We aim to tell authentic stories; to be ahead of our time and on time simultaneously,” the company’s website states, “and to engage an audience ranging from youth to the young at heart.”
Are there any other sources of income for Method Man outside music production, acting, and endorsement deals?
Method Man has produced several music albums and singles.
Method Man has released six solo albums: Tical (1994), Tical 2000: Judgement Day (1998), Tical 0: The Prequel (2004), 4:21… The Day After (2006), etc. He also released an album called Wu-Massacre in 2010 with Ghostface Killah and Raekwon. He has also released several music singles: “How High” (1995), “The Riddler” (1995), “Built for This” (2012), etc.
Method Man has appeared in various television shows and films.
Method Man has made an appearance on shows like Power Book II: Ghost, Godfather of Harlem, Marvel’s Luke Cage, Law & Order: Special Victims Unit, How High, and many more.
Method Man has endorsement deals with various brands.
He endorses brands like Adidas, Avirex, Blazenow, Eyehunee, and Mishka.
Method Man has appeared on various shows and events as a guest.
Method Man has appeared on shows like The Daily Show with Trevor Noah, The Late Show With Stephen Colbert, Jimmy Kimmel Live, The Late Late Show With James Corden, Snoop Dogg Presents the Joker’s Wild, etc.
Method Man has released several books, including books on music production and rap.
He is also the author of several books, including:
- Method Man
- Marvel’s Voices
- Marvel’s Voices: Legacy
- Ghost Rider X-Mas Special Infinite Comics
- Ghost Rider X-Mas Special Infinite Comic
Method Man has a clothing line and other merchandise.
As part of its partnership with the Premier Lacrosse League (PLL) and Champion, Method Man will debut a new apparel and accessories capsule collection on Nov. 2, 2022. In 1996 he became a part of Wu Wear and Tical Athletics.
Method Man has launched several business ventures, such as a record label.
Cliff “Method Man” Smith and his manager, Shauna Garr, have formed the production company Six AM, an entertainment company that acts as a revenue factor.
Method Man also has a YouTube channel which has earned him additional revenue.
Method Man has a YouTube channel with 18.7K subscribers that act as an additional revenue stream.
Method Man has also earned money from investments in real estate and cryptocurrency.
He still lives in the Staten Island, New York home that was featured on MTV Cribs’ in 2001. It is a modest two-bedroom, two-bathroom home that is perfect for his family. Method Man owns MEFaverse. It’s a place where you can show off your art, have joy, and comfort, as well as earn money. This is a network of 3D virtual worlds dedicated to hip-hop, comic books, gaming, Web 3.0, and art fans.
FAQs
What is Method Man’s net worth?
In 2022, Method Man’s net worth will increase to an estimated $14 million due to his success in the music industry.
What is Method Man’s background?
Smith was named Method Man by Wu-Tang producer RZA after the film The Fearless Young Boxer (1979).
What are Method Man’s most successful albums?
Some of the most successful albums of Method Man are:
- Tical (1994)
- Tical 2000: Judgement Day (1998)
- Tical 0: The Prequel (2004)
- 4:21… The Day After (2006)
- The Meth Lab (2015)
- Meth Lab Season 2: The Lithium (2018)
- Meth Lab Season 3: The Rehab (2022)
What is Method Man’s height?
Method Man’s height is 6ft 3 inches or 190.5 cm tall.
What is Method Man’s real name?
Method Man is the stage name of Clifford Smith.
What is Method Man’s rap group?
Method Man is a part of the Wu-Tang Clan group.
What is Method Man’s acting career?
He has acted in many films like Power Book II: Ghost, Godfather of Harlem, Marvel’s Luke Cage, Law & Order: Special Victims Unit, and How High
What is Method Man’s writing career?
He is also the author of several books like Method Man, Marvel’s Voices, Marvel’s Voices: Legacy, Ghost Rider X-Mas Special Infinite Comics, and Ghost Rider X-Mas Special Infinite Comics.
Takeaway
A true example of “let your work speak louder than your words,” there are many invaluable business lessons you can learn from the Method Man. We’ve listed the three most important lessons you can learn from him:
Never stay in your comfort zone.
Growth happens outside of your comfort zone. Smith was a rapper, not an actor, much less a businessman. But he chose not to stay in his comfort zone but to expand his boundaries. Taking risks, and seeing where life takes you is a lesson worth learning from him.
Become a lifelong learner.
In an interview, Method Man revealed that once he entered Hollywood as an actor he became a novice. He had no idea how the industry worked, and how he’d succeed. He chose to become a student of acting legends and was ready to learn. The same goes for his debut in business, he was a rookie but was eager to learn and figure out the ropes as he went.
Lead by example.
Method Man was passionate about helping black women-owned dispensaries supply cannabis through his brand, TICAL. To grow and scale a business, you need to be passionate about it. You can do anything as long as you have passion, drive, and focus.
No matter your profession, you can always start and grow your business. If you want to start your own journey toward being an entrepreneur, start right where you are. Method Man started his business and learned on the job. He started without aiming for perfection and with his willingness to learn more, he became a successful businessman.
You can use your own passions, skills, and creativity to launch a business that changes your life and your family’s financial future forever, too. All you need is the perfect business idea for YOU… and just like many of our most successful students, you might find it in this free video series.