In a candid revelation, DJ Khaled shared his financial hardships during the mid-2010s, which brought him perilously close to losing his cherished mansion. The iconic music figure and the driving force behind We The Best Records graced the cover of Rolling Stone’s latest issue, offering a rare glimpse into his life beyond the glitz of the music industry and his inspirational speeches.
During the interview, Khaled admitted to some financial missteps around 2015 when he described himself as “hustling, not smart.” This period of financial turbulence was followed by a turning point when his innovative use of Snapchat and the release of his chart-topping album, “Major Key,” in the subsequent year catapulted him to success.
While today, his business empire is flourishing, there was a time when DJ Khaled, the creator of hits like “God Did,” found himself scrambling to make a substantial rent payment to preserve his Miami mansion. The reason behind this financial strain was his substantial investment in his We The Best company.
Reflecting on this challenging period, Khaled recounted, “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 continued, “I was like, ‘Yo, if I want a family, I got to get my sh*t right.’ And I gambled on myself. I always bet on myself from day one. But I tripled down that day.”
This personal journey of DJ Khaled underscores the importance of financial resilience, wise investments, and believing in oneself. Today, he stands as a testament to the power of determination and smart choices in the face of adversity.