DJ Khaled is known for his hit songs, lavish lifestyle, and motivational speeches, but the hip-hop mogul has also faced some hard times in his career. In a recent interview with Rolling Stone, DJ Khaled revealed that he almost lost his mansion in Miami after struggling to pay his bills in the mid-2010s.
DJ Khaled had invested a lot of money in his We The Best company, but he was not seeing the returns he expected. And to move back in with his parents in New Orleans at one point because of his financial troubles.
"“I remember I had like a month to come up with this [large] amount of money. I kept saying, ‘There’s no way in the world that we worked this much this far and we don’t have nothing to show for it.’ I changed that right away,” he said. “I was like, ‘Yo, if I want a family, I got to get my shit right.’ And I gambled on myself. I always bet on myself from day one. But I tripled down that day.”"
DJ Khaled’s gamble paid off, as he became a social media sensation with his Snapchat antics and released his chart-topping album Major Key in 2016. He later bought a $26 million estate in Miami Beach from the inventor of “Baby on Board” signs in 2018 and sold his previous mansion in Beverly Hills for $12.5 million in 2021.
DJ Khaled said he does not work off of analytics but rather off of his heart, blood, sweat, and tears. He teased his upcoming album Til Next Time, which he said is not a goodbye but a transition to new ventures in TV and film.
"That’s what Til Next Time is—it's like, I’m going to give you an incredible album, but also while I’m giving you that incredible album, you’re going to see all these big new moves that I’m doing and new categories that we going to take over,” he said."