Torrence Hatch, otherwise known by his stage name Lil Boosie, has a net worth of $4 million. Born in one of the poorest neighborhoods of Baton Rough, Louisiana, Lil Boosie was surrounded by guns and violence on a daily basis. After his father was murdered, Lil Boosie lived with his grandmother and became involved in basketball to stay clean. Unfortunately, Lil Boosie’s college hoop dreams were shattered when his involvement in drugs and alcohol got him expelled from high school.

Although he had always had a passion for music, Lil Boosie did not become active in rapping until after his expulsion. Lil Boosie released his first of four studio albums in 2002 entitled For My Thugz. In addition to his albums, Lil Boosie started Bad Azz Entertainment a record label company that has signed artists like Donkey, Locco and Lee Banks. Currently, Lil Boosie is serving eight years in a Louisiana State Penitentiary after pleading guilty to drug charges. While in prison, Lil Boosie released his fourth studio album Incarcerated.

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