LoLa Monroe is a renowned rapper and actress. LoLa Monroe net worth is around $106 million for the year 2024. She is famous for her songs “Don’t Wake Me” and “Overtime” as well as movies like Queen of Media and Crazy Like A Fox. Moreover, she has co-founded Arete Syndicate which serves as a meeting platform for entrepreneurs, individuals wishing to become entrepreneurs, business owners, and mentors who have succeeded in their lives.
How did LoLa Monroe come about this huge amount of money as well her fame? How does she earn an income and maybe become wealthy? This article will trace her path from being a college dropout to a self-made millionaire in the music and film industry; someone respected as an authority in these fields.
LoLa Monroe Net Worth and Sources
It should be noted that the net worth is just one of many ways to measure financial success, and it doesn’t show the overall picture of a person’s financial position. Another point is that net worth may change throughout a person’s life due to such factors as investments, debts, and spending habits.
Supplement Superstores
She decided to drop out of college and pursue her passion for fitness and nutrition. She and her friend Chris Klein started their first supplements store, Supplement Superstores, in 1999, with only $12,000 that they earned from painting parking lot stripes. They faced many challenges and hardships in their business. They barely made any sales and had to live in the back of their store. They were robbed at gunpoint and lost all their money. They had to deal with competition, regulations, and customer complaints. They struggled for years to make ends meet and grow their business.
Complete Bio of Lola Monroe
Lola Monroe, born in Addis Ababa, Ethiopia, on October 25, 1986, is a well-known Ethiopian hip hop artist. Lola’s musical journey began early; at the age of 12, she started writing songs and poems. Her love for music turned into a full-time career. What makes Lola stand out is her diverse background. She taps into her multicultural heritage to create music that is both special and captivating.
Her popular songs include “Don’t Wake Me” and “Overtime.” In 2011, she got a nod for Best Female Hip Hop Artist at the BET Awards. Wiz Khalifa joined her for the 2012 hit single “Darling.” Before her music career took off, she worked as a music video model in 2007.
| Attribute | Information |
| First Name | Lola |
| Last Name | Monroe |
| Birth Date | October 25, 1986 |
| Age | 38 years old |
| Birth Place | Addis Ababa, Ethiopia |
| Profession | Rapper |
| Birth Sign | Scorpio |
| Country | Ethiopia |
| Lola Monroe Net Worth | Around $106 million |
Family Details
Lola Monroe, whose real name is Fershgenet Melaku, was born in Addis Ababa, Ethiopia. Her family background is quite interesting:Grandfather: Her grandfather was a top general for the last Emperor of Ethiopia, Haile Selassie, before the abdication of 1974. This means Lola has royal lineage, making her a princess by birth.
Parents: Her parents’ names are not publicly known, but they are of Ethiopian and Trinidadian descent. Siblings: She has two younger sisters whose names are also not publicly available.
Personal Life
Now, when it comes to dating, it’s a phase in someone’s life when they’re actively exploring romantic relationships with different people. If you spot two unmarried celebrities hanging out in public, they might be labeled as “dating.” This just means they were seen together, and it’s not clear if they’re just friends, exploring a closer connection, or romantically involved.
People have been curious about Lola Monroe’s personal life, especially her love story. It’s quite a fascinating tale. She used to date rapper Boosie Badazz for a bit. After that, Monroe moved on and began a new chapter with another rapper, King Los. Their relationship was lovely and strong.
Lola Monroe Career
In her teenage years, LoLa showcased a range of talents. She delved into reading and writing poetry, explored acting opportunities, and even tried her hand at modeling. Her striking appearance soon earned her a reputation in the fashion world.
LoLa Monroe’s journey to stardom kicked off when she stepped into the entertainment industry as a model, featuring in music videos alongside big names like Kanye West, Trey Songz, and 50 Cent.
Despite her diverse skills, LoLa Monroe’s heart was always in rap music. She gained popularity with mixtapes like “Batteries Not Included,” “The Lola Monroe Chronicles: The Art of Motivation,” and “Lipstick & Pistols.”
Her exceptional beauty and talent caught the eye of industry experts, opening doors for her musical ambitions. In 2007, she made a significant move, changing her name to LoLa Monroe, paying tribute to the legendary Marilyn Monroe. This shift marked her artistic evolution and the beginning of her rap journey.
In 2011, LoLa Monroe earned a spot on the BET Award shortlist for Best Female Hip-Hop Star of the Year. Looking ahead, her net worth is expected to rise as she gears up to release her debut studio album.
With her unique style and lyrical skill, Lola Monroe swiftly made a name for herself in the hip-hop scene. Her mixtapes like “The Lola Monroe Chronicles: The Art of Motivation,” “Batteries Not Included,” and “Lipstick & Pistols” showcased her versatility and solidified her position in the industry.
Facing Challenges and Rising Above
Lola Monroe’s journey to fame encountered its share of challenges. Her capacity to overcome adversity while remaining true to her artistic vision serves as a powerful reminder that resilience and determination can pave the way for significant achievements.
Adapt and Thrive
Across her career, Lola Monroe consistently showed a readiness to adapt and grow as an artist. Her mixtapes served as a testament to her versatility and openness to exploring diverse musical styles, illustrating that embracing change can unlock fresh and thrilling opportunities.
Conclusion
Lola Monroe, born Fershgenet Melaku, emerges as a multifaceted artist whose journey to fame is marked by resilience, determination, and an unwavering commitment to her craft. Rising from Addis Ababa, Ethiopia, Lola’s diverse background, with royal lineage through her grandfather, adds a unique dimension to her identity.
Her musical prowess, highlighted by hit songs like “Don’t Wake Me” and “Overtime,” propelled her to fame, earning her a nomination for Best Female Hip Hop Artist at the BET Awards in 2011. Lola monroe net worth, estimated at $6 million in 2024, reflects the success she attained, particularly following the release of her debut studio album, “Licker,” in 2015.
Beyond her financial achievements, Lola’s journey is characterized by adaptability and a commitment to growth, as seen in her evolving musical style and the challenges she has overcome. Lola Monroe’s story stands as a testament to the power of perseverance in the face of adversity and the transformative nature of embracing change in the pursuit of artistic excellence. As she gears up for the release of her debut studio album, the future holds the promise of further success for this influential figure in the hip-hop scene.
