Big Meech Net Worth – Big Meech, also known as Demetrius Flenory, is well-known in drug dealing and organized crime. He co-founded the notorious Black Mafia Family in the late 1980s, which became one of the most prominent drug trafficking organizations in the United States. With a vast network spanning several states, BMF generated an estimated $270 million in illicit profits and employed approximately 500 people.
Despite the massive fortune he amassed from his illegal activities, Big Meech’s net worth has significantly declined from its peak of $100 million to $500,000, as he is currently serving a 30-year federal prison sentence.
This article will delve deeper into Big Meech’s net worth and explore how he accumulated his wealth.
What is Big Meech’s Net Worth?
Big Meech, a convicted American drug dealer, currently has Big Meech’s net worth of $500,000, a significant decline from his peak net worth of $100 million.
He co-founded the Black Mafia Family, an illegal enterprise in the 1990s and early 2000s, generating an estimated $270 million in illicit profits and providing employment for approximately 500 people.
Big Meech, alongside his brother Terry Lee Flenory, began their illegal activities by selling $50 bags of cocaine during their high school days in Detroit.
The Black Mafia Family was founded in the late 1980s, dealing cocaine across the U.S. through its hubs in Atlanta, Georgia, and Los Angeles, California.
Big Meech was reportedly responsible for managing operations in Atlanta, while Southwest T handled the L.A. branch. At the height of their operations, the brothers were moving an astounding 2,500 kilos of cocaine every month in and out of Atlanta alone.
To give their illegal business a legitimate appearance, the Flenory brothers established BMF Entertainment in 2000. They eventually associated with several artists such as Young Jeezy, Bleu DaVinci, Calico Jonez, Nu Money, Baby D, Fee Money, and D-Boi.
However, the Drug Enforcement Administration arrested the brothers in 2005, and they pleaded guilty to money laundering and drug trafficking charges. Consequently, they were each sentenced to 30 years in federal prison.
Did Drug Trafficking Increases Big Meech’s Net Worth?
Born on June 21, 1968, in Detroit, Michigan, Demetrius Flenory Sr. grew up in a low-income neighbourhood alongside his younger brother Terry, who later became his partner in the drug business.
Demetrius quit high school and started dealing drugs at a young age, initially running small-scale operations before expanding into more significant ventures.
In the early 1990s, Big Meech and his brother Terry relocated to Atlanta, Georgia, where they established the Black Mafia Family, BMF.
The organization specialized in distributing cocaine and other illicit substances throughout the country and quickly became one of the most prominent drug cartels in the United States.
With Big Meech at the helm, BMF became well-known for its lavish lifestyle, flashy cars, expensive jewellery, and links to famous individuals. The group’s members were infamous for their violent tendencies and intimidation tactics, with many adversaries hesitant to cross them.
BMF’s illegal undertakings eventually attracted the attention of law enforcement, resulting in Big Meech and his brother Terry being indicted for drug trafficking charges in 2005.
This case was among the largest in the history of the United States, involving more than 150 people and over $270 million in drug profits.
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Arrest and Imprisonment: Does It Effect Big Meech’s Net Worth
In 2005, Big Meech was apprehended in Los Angeles and accused of managing a persistent criminal enterprise, laundering money, and plotting to distribute drugs.
He was transferred to Detroit, where he was imprisoned without bond for three years before receiving a 30-year jail sentence.
Law enforcement officials seized assets worth $21 million, including cash, jewellery, over 30 cars, and 13 residences in Detroit, Atlanta, and Los Angeles.
Despite being incarcerated, Big Meech retained a high profile, sustaining his extravagant lifestyle and acquiring a significant social media following. He also worked on composing his memoir and was rumoured to be involved in a movie venture based on his life.
As a result of a federal prison reform campaign, Big Meech’s sentence was shortened to 30 years, or 360 months, in 2020.
In 2020, Terry Flenory was freed as part of an attempt to prevent the spread of COVID-19.
In June 2021, a federal judge lowered Meech’s sentence by three years because of his good conduct. He is imprisoned at the Federal Correctional Institution in Sheridan, Oregon, but when will Big Meech be realsed from prison?
Numerous books, documentaries, and T.V. shows have featured the story of Big Meech. One such book is “BMF: The Rise and Fall of Big Meech and the Black Mafia Family,” written by Mara Shalhoup in 2010, which focused on the Black Mafia Family.
In 2012, he was featured in the documentary series “American Gangster,” which explored the lives of notorious criminals in the U.S. BET also aired “BMF: The Rise and Fall of a Hip-Hop Drug Empire” in 2013, which chronicled the organization’s ascent.
Hip-hop artists such as Jay-Z, Rick Ross, and Young Jeezy have referenced Big Meech in their songs, and he is now synonymous with the opulence and excess of the drug trade. Despite being incarcerated, he remains a controversial and intriguing figure.
- Big Meech, a convicted drug dealer, currently has big meech’s net worth of $500,000, a significant decline from his peak net worth of $100 million.
- Big Meech co-founded the Black Mafia Family, an illegal enterprise in the 1990s and early 2000s, generating an estimated $270 million in illicit profits and providing employment for approximately 500 people.
- Big Meech and his brother Terry Lee Flenory began selling $50 bags of cocaine during their high school days in Detroit and later established the Black Mafia Family.
- At the height of their operations, the brothers were moving 2,500 kilos of cocaine every month in and out of Atlanta alone.
- In 2005, the Drug Enforcement Administration arrested the brothers, and they pleaded guilty to money laundering and drug trafficking charges, resulting in a 30-year jail sentence for each.
- Despite being incarcerated, Because of Big Meech’s net worth, he retained a high profile, sustaining his extravagant lifestyle and acquiring a significant social media following.
- In 2020, his sentence was shortened to 30 years, and in 2021, a federal judge lowered his sentence by three years because of his good conduct.
- Big Meech has been featured in books, documentaries, and T.V. shows, and hip-hop artists have referenced him in their songs.