The Uncertain Future of The Notorious B.I.G. Multi-Million Dollar Estate After Voletta Wallace’s Passing
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With the passing of Voletta Wallace at age 78 on Feb. 21, questions arise over who will take control of The Notorious B.I.G.’s $160 million estate. While initial reports suggested that his eldest daughter, T’yanna Wallace, could take the lead, the estate’s official succession plan remains uncertain as the Wallace family determines the next steps.
Photo via Instagram @volettawallace
Inside the Estate
Since Christopher Wallace’s tragic death in 1997, his mother transformed a $10 million estate into an eight-figure powerhouse. Some sources, tough not verified, place the estate’s value as high as $160 millifion. A former preschool teacher with no prior experience in entertainment, Voletta Wallace demonstrated a sharp business sense that ensured her son’s legacy remained intact.
Rolling Stone reports that the estate is administered by the Christopher Wallace Memorial Foundation, which was set up by the late mother shortly after his untimely demise.
She worked closely with Biggie’s widow, Faith Evans, and merchandising manager, Wayne Barrow, to manage licensing, merchandise, and media projects while keeping the estate free from the public feuds and financial mismanagement that have plagued other celebrity estates.
Her influence extended beyond estate management. She executive produced the 2009 biopic “Notorious” and the 2021 Netflix...
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