{"id":3213,"date":"2022-12-07T15:21:30","date_gmt":"2022-12-07T15:21:30","guid":{"rendered":"https:\/\/buzznigeria.com\/us\/?p=3213"},"modified":"2024-01-23T04:49:00","modified_gmt":"2024-01-23T04:49:00","slug":"big-meech-net-worth-does-he-still-have-money","status":"publish","type":"post","link":"https:\/\/buzznigeria.com\/us\/big-meech-net-worth-does-he-still-have-money\/","title":{"rendered":"What Is Big Meech’s Net Worth: Does He Still Have Money?"},"content":{"rendered":"
Big Meech’s net worth is estimated at $500 thousand as of 2024, meaning that he no longer has as much money as he had in his prime. He made his wealth through the Black Mafia Family (BMF) which was one of the most notorious drug trafficking and money laundering organizations in the United States.\u00a0\u00a0<\/strong><\/p>\n Known across the United States as the incarcerated founder and leader of the Black Mafia Family, Big Meech allegedly made over $270 million through the illegal operations of his criminal organization. He and his brother, Terry Flenory (Southwest T), were said to have created a cocaine distribution channel throughout the country. They did this through their drug source based in Los Angeles and were also directly linked to Mexican drug cartels.<\/p>\n Big Meech’s current net worth, according to multiple sources, is a massive $100 million. The incarcerated drug lord accumulated his wealth through the criminal activities of the Black Mafia Family which he founded with his brother Terry Flenory. While his net worth is now estimated at $500 thousand, it is said that his organization made over $270 million in the course of its unlawful operations across the United States.<\/p>\n Born and raised in Detroit, Michigan alongside his younger brother Terry, the Flenory brothers began selling drugs during their high school days. It is said that they began by selling bags of cocaine on the streets of Detroit for $50.<\/p>\n This laid the foundation for them to found the Black Mafia Family in Southwest Detroit in 1985. Through the organization, Big Meech and his brother engaged in drug trafficking and money laundering which made them multi-millionaires.<\/p>\n To effectively distribute drugs across the country, the brothers operated from two main hubs. While his younger brother was in charge of the Los Angeles hub where they receive shipments from Mexico, Big Meech ran the Atlanta hub which oversaw the distribution of drugs all over the country.<\/p>\n As of the year 2000, Big Meech and his brother had nurtured the organization into a large one with over 500 members that help them carry out cocaine distribution sales.<\/p>\n Big Meech was smart with the operations of his criminal activities. With the expansion of BMF across the country, he realized that the law would be coming for him. To stay below the radar, he decided to create a front organization. This led to the establishment of BMF Entertainment in the early 2000s.<\/p>\n While serving as a front for his drug trafficking and money laundering activities, BMF Entertainment was known to the public as a promotion agency and record label for hip-hop music. Through this entertainment company, Meech and his brother got acquainted with many high-profile figures in hip-hop, including the likes of Fabolous, Young Jeezy, Diddy, Jay-Z, and T.I.<\/p>\n As such, they could easily pass for music executives making money through legal means while laundering the money made through their cocaine distribution network. It was around this time that the brothers officially adopted the Black Mafia Family as the name of their organization.<\/p>\n Things seemed to be going well for them, but by 2003, the brothers had become estranged from each other. According to reports, Terry was sick of Big Meech, who was always partying and attracting unwanted attention to their business.<\/p>\nWhat Is Big Meech\u2019s Net Worth Currently?<\/strong><\/h2>\n
He Founded BMF Entertainment to Serve as a Front Organization for His Criminal Activities<\/strong><\/h3>\n