What is Timbaland’s net worth? Virginia rapper’s fortune explored as Missy Elliott inducts him into 2024 Songwriters Hall of Fame

2024 Songwriters Hall Of Fame Induction And Awards Gala
Timbaland at the 2024 Songwriters Hall Of Fame Induction And Awards Gala (Image via Joy Malone/Getty Images)

Record producer and musician Timbaland was inducted into the Songwriters Hall of Fame—class of 2024 on Tuesday, June 11, 2024, at the SHOF gala held in New York. The Virginia-born beatmaker's friend and longtime collaborator, Missy Elliott, who became the first female rapper to receive the honor, showed up at the event to support him.

Per the Hollywood Reporter, during his speech, the rapper thanked several artists, including Jay-Z, Justin Timberlake, Magoo, and the late R&B singer Aaliyah. He also credited Missy Elliott for his success, saying he "owes (his) career to (her)." He concluded his speech by thanking SHOF, remarking,

"Thanks for giving me a seat at the table— I've been waiting a long time."

Per Celebrity Net Worth, in 2007, Tim earned $21 million for his work in the industry, and in 2018, he earned $7 million. With a fortune of $85 million, the beatmaker sits at No. 26 on Celebrity Net Worth's list of the richest rappers.

Timbaland has received 21 Grammy Award nominations, winning 4

Timothy Zachery Mosley, a.k.a. Timbaland, was born in Norfolk, Virginia, to Latrice and Garland Mosley. He attended Salem High School in Virginia Beach, where he went by the name DJ Timmy Tim or DJ Tim. While studying, he befriended his future collaborator, Magoo. Following his graduation, he joined the group S.B.I. (Surrounded By Idiots) and later DeVante Swing's Swing Mob.

Early in his career, Mosley produced songs for R&B acts like Elliott's Sista and Jodeci. His first mainstream credit was on Genuwine's album Genuwine... the Bachelor (1996), which peaked at No. 26 on the Billboard 200. He produced Missy's debut studio album, Supa Dupa Fly (1997), and Aaliyah's second studio album, One in a Million (1996), earning him further commercial success.

He has since produced for major artists like Jay-Z, Justin Timberlake, Michael Jackson, Beyonce, and Rihanna. Timbaland also boasts a singing career, first as part of the hip-hop duo Timbaland & Magoo and later as a solo artist. His songs Give It To Me, Apologize, and The Way I Are all peaked within the top three on Billboard's Hot 100.


The 52-year-old producer founded the record label Beat Club in 2001 and its successor, Mosley Music Group, in 2006. He has also dipped his hands in the tech world, launching his webcast series Verzuz and starting an online marketplace selling beats called Beatclub. He also owns a Metaverse entertainment company called Ape-In Productions.

According to Celebrity Net Worth, as of 2018, his earnings total up to $134 million. In 2019, Timbaland bought a mansion in Coral Gables, Florida, for $7.9 million.

Owing to his innovative productions and distinctive sturring and rhythmic style, he has been nominated for several awards, including 21 Grammys, of which he won 4.

Tim married Monique Idlett in 2008. Monique filed for divorce in 2013 and asked the rapper to pay alimony for their then 5-year-old daughter. However, by 2014, the case was dismissed.

In addition to Timbaland, R.E.M., Steely Dan, Hillary Lindsey, and Dean Pitchford were also inducted into the 2024 class. SHOF also honored SZA with the Hal David Starlight Award, and Diane Warren (inducted into the class of 2001) was given the Johnny Mercer Award.

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Edited by Shreya Das
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