Ben Baller Net Worth
$100 Million
Name | Ben Baller |
Date of Birth | January 27, 1973 |
Age | 49 years old |
Height | 6 ft 0 inch (1.83m) |
Profession | Actor |
Nationality | American |
Religion | Christianity |
Net Worth | $100 million |
Ben Baller Introduction
Ben Baller, commonly known as Ben Yang, is a Korean-American actor, singer, and jeweler. He is the originator of Icee Fresh Jewels, which specializes in encrusted diamond jewelry. This Article is Based on our research, when we were writing this article we had gone through many renowned magazines & sites like Forbes, Wikipedia, etc.
Ben Baller Early Life
Ben Baller was born on January 27, 1973, in Los Angeles, California, USA. He is of Korean heritage. His father was a history professor at UCLA, as well as his mother was a clothing contractor. Ben has two younger siblings. Jeanne Yang, his elder sister, works as a famous stylist. Similarly, his elder brother, David Yang, has chosen to work in a different field as a video game creator.
In terms of schooling, he attended Beverly Hills Hugh School. He afterward went to the University of California, Berkeley. He also attended San Francisco State University, where he got a master’s degree in Fine Arts in Cinematography.
He participated actively in NCAA football as well as basketball games while attending UCLA as well as San Francisco State University. In fact, he was the first Asian to play NCAA both basketball and football at the same time. Because of his engagement in football and basketball, he gained the moniker “Baller.”
Ben Baller Personal Life
Ben Baller is wedded to the well-known American Filipino beauty, Nicolette Lacson. She is also a swimsuit designer. Ben and Nicolette married in 2012. Their marriage ceremony took held in Santa Monica’s Casa Del Mar. With his wife Nicolette, he has two sons, London as well as Ryder, as well as a daughter, Kaia.
Ben Baller Age, Height, & Weight
Being born in 1973, on the 27th, of January “Ben Baller” age is 49 years old as of today date and his height is 6 feet 0 inches tall, (1.83 m), and his weight is 70 kilograms and (154 lbs) in pounds as of 2022.
Ben Baller Career
He made the transition from platinum albums to diamond necklaces in 2004, when he co-founded Icee Fresh with his cousin as well as an uncle. His family has been creating jewelry for almost four decades, but Ben brought a fresh perspective to the industry. That innovation was to place their iced-out chunks around the necks of the biggest names in music. Ben is now recognized for his spectacular diamond-encrusted jewelry.
His clientele includes Hip Hop, NBA, as well as NFL stars, among many more. Despite his inner-city accent and cadence, he is a Beverly Hills High alumni, a UC Berkeley graduate, and the child of a UCLA history professor. In keeping with the links between tattooing and brand affiliation, diamonds have been utilized to represent corporate relationships as well as even more explicit individualism. The jewelry game is the latest in a remarkable sequence of transitions in his life, from college athlete to record industry insider to world-renowned shoe collector.
From fashion to music, he appears to be involved in every business you can think of and enjoys every minute of it. He got the prestigious jeweler of the year accolade in 2017. Ben is the owner or co-owner of multiple businesses worth a total of $100 million. He held 85% of VVS PENS, a cannabis firm that generated $25 million in sales per year at its height. According to reports, VVS PENS was leased for $45 million. His firm, BBDTC (“Ben Baller Did the Chain”), purportedly earns more than $10 million every year. Ben controls 51% of If And Co., a personalized jewelry company.
Ben Baller Net Worth
Ben Baller has an approximate net worth is $100 million as of 2022. Ben Baller’s fortune has come from his involvement with the different jewelry firms in which he has been involved. Both as a salesperson and as a business owner. However, when appraising jewelry firms such as those owned by Baller, one must use caution. After all, if he wasn’t the one operating them, they’d be valued nothing more than their merchandise, favorable relationships, as well a loyal client base.
Certainly, the inventory may be costly. Ben Baller owned “the world’s most costly chain,” with a retail value of $3.115 million dollars. When determining the worth of Baller’s collection of jewelry enterprises, income and earnings must be considered. However, as previously said, it does not transfer into the company’s worth in the same way as a more generic brand like Coca-Cola does. This is due to the fact that Ben Baller is the face and lifeblood of the companies he owns. He is the man to visit, and he frequently creates unique goods. His set of enterprises would be substantially less valuable if he were not involved.
It is believed that his collection of jewelry enterprises generated more than $50 million in income. The profit might be in the millions of dollars. The items are made of precious metals as well as diamonds, yet there is a significant markup. Profit margins are typically about 40%. In recent years, his BBDTC (“Ben Baller Did the Chain”) has allegedly earned up to $10 million every year. The profit would most likely be approximately $4 million each year. In total, for all of Baller’s jewelry companies, including If And Co, which he reportedly owns 51% of. What he has is considered to be worth only $5 million.
If the company was sold as well as Baller was under agreement to continue his current job, it could be valued at treble or double that sum due to his powerful clientele. However, assets must be separated from the individual. Regardless of the established supply chain and so on, without a doubt more competent professionals. Celebrities such as Snoop Dogg may still choose to partner with another jewelry manufacturer. If Ben Baller wasn’t there.
Ben Baller reportedly owns 85% of cannabis startup VVS PENS. Revenues of up to $25 million per year have been claimed, however, this is very speculative. Given the scale of the industry and its rivals, a number of $10 million seems more probable. Profit margins were most likely 30%, implying that the corporation earned around $3 million before taxes. After subtracting sales, corporation tax, and associated expenses, which is likely to be 10-20%, and after engaging a tax optimization specialist, that leaves a maximum profit of $2.7-2.4 million. If gains were transferred to shareholders in the form of dividends, the money would be taxed again.
Conclusion
Ben Baller net worth is estimated to be around $100 million as of 2022. Ben Baller is a Korean-American actor, singer, and jeweler. He is the originator of Icee Fresh Jewels, which specializes in encrusted diamond jewelry. Kanye West, Snoop Dogg, as well as Mariah Carey are among his clientele. He was born in Los Angeles on January 27, 1973.
Ben Baller Did the Chain is another firm he controls. He has also appeared in films such as Cake Bones, Clinic Kang, Jin Head Gangster, as well as Blame it on the Streets. He also works as a professional DJ as well as enjoyed collecting sneakers as a college student.