What is the net worth of Drakeo The Ruler? Rapper reportedly “critical” after knife incident at LA festival

Drakeo the Ruler was reportedly stabbed during a concert in Los Angeles on the night of December 18, 2021. Other popular artists like Snoop Dogg, Ice Cube and 50 Cent were said to perform at the event.

Although the rapper’s identity was not initially confirmed, the Los Angeles Times confirmed it and reported that he was seriously injured in the attack by a group of people. The Los Angeles Police Department said Drakeo was stabbed in the neck.

Pray for Drakeo the Sovereign. I really like. Hearing that he was stabbed makes me sick. The last thing I said to her face on Sunday morning as we were leaving the studio… “Stay safe, I love you, you fool.” I meant that.

Los Angeles Fire Department information officer Margaret Stewart said paramedics responded to a call about a stabbing at 8:40 p.m. in the 3900 block of South Hoover Street. Drakeo was immediately hospitalized and his condition is currently critical.

Following the incident, organizers of the Once Upon A Time In LA music festival announced via Instagram that the festival will end early alongside performances. They asked everyone to rush to the nearest exit and head east on MLK.

Drakeo the Sovereign Net Worth Explored

Drakeo the Ruler is a popular rapper from Los Angeles, California, and is best known for his expressive and poetic word choices. His mixtape “Cold Devil” has been aired about 10 million times.

According to rappers.money, the 28-year-old’s net worth is estimated to be around $ 330,000. Although he has accumulated considerable wealth through his Yeezy sneakers, his main source of income is his work as a rapper in the music industry.

Drakeo the Ruler's condition is currently critical (Image via drakeotheruler / Twitter)
Drakeo the Ruler’s condition is currently critical (Image via drakeotheruler / Twitter)

Drakeo released his first official mixtape in 2015, titled “I Am Mr. Mosely”. His second project, “I Am Mr. Mosely 2”, starring Mozzy, Skeme and Philthy Rich, was released in July 2016, followed by “So Cold I Do Em” in December 2016.

His next mixtape, “Cold Devil”, was released in 2017 and received a favorable reception from audiences. He then released a few clips followed by his album “Thank You for Using GTL” in June 2020 and the ninth mixtape, “The Truth Hurts”, in February 2021.

Drakeo the Sovereign’s Legal Problems

The rapper was first arrested in January 2017 for illegal possession of a firearm by a criminal. He was released later that year, in November.

Drakeo was then arrested in 2018 for first degree murder, attempted murder and conspiracy to commit murder. This was linked to a shooting in 2016 where one person died and two were injured.

Although the artist was acquitted of the charges in 2019, the district attorney chose to re-file charges of criminal gang conspiracy and shooting from a motor vehicle, resulting in a suspended jury during of his first trial.

Drakeo the Ruler was released in November 2020 after spending three years in prison and accepting a plea deal from the District Attorney’s Office.

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Edited by Sandeep Banerjee

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