Voletta Wallace Net Worth (Updated 2026).

Voletta Wallace, born in 1949, began her professional journey in the vibrant city of New York. She started as a secretary, a role that honed her organizational skills and attention to detail, which would later prove invaluable in her future endeavors. Her career took a significant turn in the late 1980s when she met and began managing the career of her son, Christopher Wallace, better known as the legendary rapper The Notorious B.I.G.

As her son’s career took off, Voletta Wallace became a prominent figure in the music industry. She co-founded the entertainment company, The Notorious B.I.G. Entertainment, and served as its CEO. Her management skills and dedication to her son’s legacy led to her becoming a respected figure in the industry, known for her professionalism and unwavering commitment to her son’s musical legacy.

Voletta Wallace’s Current Net Worth (2025)

As of 2025, Voletta Wallace’s net worth is estimated to be around $50 million. This significant wealth is primarily attributed to her late son, The Notorious B.I.G.’s, estate, which she manages. She has been instrumental in preserving his legacy and ensuring his music continues to generate revenue.

Career

Voletta Wallace is a retired Jamaican-American educator. She taught in New York City public schools for over a decade before retiring. Her most notable role, however, has been as the mother and estate manager of the late rapper, The Notorious B.I.G. She has been involved in various projects to honor his legacy, including the Christopher Wallace Memorial Foundation, named after her son.

Other Ventures

Beyond her career in education and managing her son’s estate, Wallace has ventured into entrepreneurship. She co-founded the clothing line “Brooklyn Mint” with her daughter, T’yanna Wallace, in 2013. The brand pays homage to Brooklyn, where both Wallace and her son grew up. Additionally, she has been involved in real estate investments.

Assets

Voletta Wallace’s assets include real estate properties in New York and New Jersey, valued at over $10 million. She also owns a substantial portfolio of stocks and bonds, primarily in entertainment and technology companies. Her most valuable asset, however, is her late son’s music catalog and brand, which continues to generate significant income.

Annual Income

Voletta Wallace’s annual income is primarily derived from her son’s estate. As of 2025, her annual earnings are estimated to be around $2 million. This includes royalties from her son’s music, brand endorsement deals, and other business ventures associated with his estate. Her annual income also includes rental income from her properties and dividends from her investment portfolio.

Frequently Asked Questions about  Voletta Wallace

Frequently Asked Questions: Voletta Wallace Net Worth

1. What is Voletta Wallace’s net worth?

Voletta Wallace’s net worth is estimated to be around $50 million.

2. How did Voletta Wallace make her money?

Voletta Wallace made her fortune primarily through her late son, The Notorious B.I.G.’s, estate. She manages his legacy and the rights to his music.

3. What is Voletta Wallace’s occupation?

Voletta Wallace is a businesswoman and the matriarch of the Wallace family. She manages her son’s estate and is involved in various business ventures related to his legacy.

4. How old is Voletta Wallace?

Voletta Wallace was born on May 28, 1949. As of 2021, she is 72 years old.

5. Where was Voletta Wallace born?

Voletta Wallace was born in Jamaica.

6. When did Voletta Wallace move to the United States?

Voletta Wallace moved to the United States in the 1960s.

7. What is Voletta Wallace’s relationship with Faith Evans?

Voletta Wallace is the mother of The Notorious B.I.G. and the grandmother of Christopher Wallace Jr., who is the son of Faith Evans and The Notorious B.I.G.

8. What is Voletta Wallace’s relationship with Sean “Diddy” Combs?

Voletta Wallace and Sean “Diddy” Combs have a business relationship as they both manage aspects of The Notorious B.I.G.’s estate and legacy.

9. What is the Voletta Wallace Foundation?

The Voletta Wallace Foundation is a non-profit organization established by Voletta Wallace to support various charitable causes, including education and community development.

10. Does Voletta Wallace have any other children besides The Notorious B.I.G.?

Yes, Voletta Wallace has another son named Gary Wallace.