Mimi Faust is a name synonymous with resilience and entrepreneurial spirit. She has made a significant impact in the entertainment industry. From her humble beginnings to her rise to fame, Mimi has captivated audiences. And also built an impressive fortune. This article will look into Mimi Faust net worth and will explore her inspiring journey. As well as it will discuss the sources that have contributed to her wealth.
Table of Contents
Who is Mimi Faust?
Born Oluremi Fela James in 1972, Mimi Faust is a well-known television personality and businesswoman. Growing up in Newport News, Virginia, Faust had a challenging childhood. However, she was determined to break free from the cycle of hardship. So she focused on building a better life for herself. Faust developed an early interest in the entertainment industry. Hence, she pursued her dreams with tireless determination.
Finally, she gained recognition through the reality TV show “Love & Hip Hop: Atlanta.” It is marked by her personal struggles and adversity.
How much was Mimi Faust Net Worth?
As of the latest estimates, Mimi Faust net worth is approximately $2 million. Her diverse
career and numerous business endeavors are to thank for this impressive figure. Particularly important were Faust’s appearances on “Love & Hip Hop: Atlanta”. It significantly boosted
her public image and raised her income. Also, her entrepreneurial endeavors have helped her succeed financially.
Key Points to Know About Mimi Faust
| Net Worth | $2 million |
| Real Name | Oluremi Fela James |
| Born | January 3, 1972 |
| Birthplace | Newport News, Virginia, United States |
| Nationality | American |
| Profession | Television personality, Interior Decorator, Businesswoman |
| Height | 5 feet 7 inches (170 cm) |
| Social Media | Instagram, Twitter |
Source Behind Mimi Faust Net Worth
Here’s a detailed specification of the sources that contributed to Mimi Faust’s fortune.
Television Appearances
Mimi Faust’s entry into the world of reality television propelled her career. That significantly contributed to her net worth. In 2012, she joined the cast of “Love & Hip Hop: Atlanta.” It’s a popular VH1 reality series that follows the lives of Atlanta’s hip-hop music stars. Faust’s appearance on the show allowed her to showcase her personal life, relationships, and business endeavors, garnering a large following of fans.
As a central cast member on “Love & Hip Hop: Atlanta,” Faust became known for her drama-filled storylines, including her tumultuous relationship with her former partner, Stevie J, and her co-parenting journey with their daughter, Eva. The show’s success provided Faust with a substantial platform, boosting her public image and opening doors to various opportunities. Not only did she receive a significant income for her appearances on the show, but she also capitalized on her newfound fame to pursue other ventures.
Additionally, Mimi’s involvement in other television projects, such as her appearance on “Leah Remini: Scientology and the Aftermath” in 2017, further expanded her visibility and income. These television opportunities provided her with a platform to share her experiences, connect with audiences, and enhance her net worth.
Business Ventures
Mimi Faust’s entrepreneurial spirit has been instrumental in increasing her net worth. She is a small business owner and interior decorator. Mimi established her cleaning and interior decorating business called “Keep It Clean,” which caters to celebrity clients. The company specializes in residential and commercial cleaning services and has gained a reputation for its high-quality work. Faust’s involvement in the business has not only contributed to her income but also showcased her abilities as a successful entrepreneur.
Through Keep It Clean Inc., Faust has managed to tap into the demand for professional cleaning services in the Atlanta area. With her keen business acumen and dedication to excellence, she has helped the company flourish and establish itself as a trusted name in the industry. Now, she has a reliable source of income, thanks to Keep It Clean Inc.’s success.
Furthermore, Mimi has launched “Mimi Interiors,” a personal endeavor that reflects her passion for interior decor and design. This venture showcases her expertise and allows her to share her knowledge and insights with others. Through her blog “All Things Mimi,” Mimi shares her journey, experiences, and dealings in the world of interior decor and design, further establishing her as an authority in the field.
Real Estate Investments
Mimi Faust’s net worth is also influenced by her involvement in real estate investments. By making strategic decisions and acquiring properties, she has been able to capitalize on the potential appreciation and rental income of real estate. These investments have not only generated passive income but also contributed to her overall net worth through the growth of property values over time.
Brand Collaborations and Endorsements
As a well-known personality, Mimi Faust has attracted brand collaborations and endorsements. Her influence and large following have made her an appealing partner for various brands. Especially, in the sectors like fashion, beauty, lifestyle, and home decor. Mimi has been able to secure lucrative deals that further bolster her net worth. Thanks to the reputable brands that she collaborated with.
Personal Life
To herself, Mimi Faust is a self-made dance machine, potty mouth, and mother. Mimi has experienced love in various forms. And her one significant relationship was with Stevie J. She has a daughter named Eva Giselle with him. Despite helping Stevie restore his career and finances, their relationship faced challenges. That ultimately led to their split. Mimi has also shared her experiences on TV shows. She also encountered incidents that sparked public interest.
Financial challenges
In 2019, reports emerged regarding her overdue tax obligations to the IRS, totaling $156K. The Federal Tax Lien indicated that she owed back taxes for multiple years. This included specific amounts for 2013, 2015, and 2016. Furthermore, Faust had also been accused of failing to pay $26K in state taxes. That she owed to the State of Georgia for 2012, 2013, 2015, and 2016.
FAQs
How old is Mimi Faust?
As Mimi was born on January 3, 1970, this makes her age 53 years now.
How much did Mimi Faust get paid?
As a full-time cast member on “Love & Hip Hop: Atlanta” from Seasons 1-9. According to reports, Mimi Faust received approximately $20K per episode.
How did Mimi Faust become famous?
Mostly, Mimi Faust gained fame through her appearances on the reality TV show. Specifically, for “Love & Hip Hop: Atlanta.” Her engaging storylines and compelling personal life captured the attention of viewers. Eventually, it made her one of the notable cast members of the show.
Has Mimi Faust written a book?
No, Mimi Faust has not released a book. However, she said she plans to release a tell-all book in the future, providing deeper insights into her life, experiences, and personal growth.
Final Thoughts
Overall, Mimi Faust’s journey is an inspiring story of determination. From a challenging upbringing to a prominent figure, she has come a long way. Through her appearances on TV shows or her entrepreneurial ventures, she had success. So Mimi Faust net worth of millions reflects her hard work. Her success serves as a testament to her hard work and strategic decision-making. As Faust continues to explore new opportunities, her net worth is likely to grow. And it will be cementing her status as a prominent personality in the entertainment world.
