Baby Blue, also known as Diamond Blue Smith, has been freed from jail with an estimated net worth of $10 million. Blue is best known as a member of Pretty Ricky. Pretty Ricky member Pleasure P also captured the moment Baby Blue was released live on Instagram, and according to the live footage, Pleasure shouted his elation in front of his followers as Blue exited the jail and approached his pals who were waiting for him. At the time, he said,
“Baby Blue is now officially outdoors!”
We’ve got it all! Let’s get out of here, we’re never going back to this motherf***er!”
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How much money do Baby Blue and Pretty Ricky make each year?
Baby Blue’s net worth is believed to be approximately $10 million, according to The Sun as of December 2023. He is well-known as the creator of Pretty Ricky, and his father, Joseph “Blue” Smith, is the CEO of Bluestar Entertainment. Blue was previously featured on Love and Hip Hop: Miami, where he discussed his group’s musical development as well as his personal life. The performance also highlighted his family and how hard his father fought to assure the group’s success in the music business.
Pretty Ricky has also made a lot of money through their musical career, with CelebrityNetWorth reporting that their net worth is $2 million. Other members of the group besides Blue include Marcus “Pleasure P” Cooper, “Spectacular” Blue Smith, and Corey “Slick’em” Mathis. Pretty The popularity of their albums, which include What They Call Em, Bluestars, Late Night Special, and Pretty Ricky, has been Ricky’s main source of income. They released Topless, an EP, and Sex Music Vol. 1: Streets N The Sheets, a mixtape. They are also recognized for tracks such as Grind with Me, Your Body, On the Hotline, Love Like Honey, Say a Command, and others.
What accusations were brought against Baby Blue?
On February 7, 2022, Baby Blue surrendered to police, which he announced in an Instagram post where he provided the postal address for FCI Coleman Low, a federal correctional facility in Florida, adding,
“I’ll be turning myself into the Feds on Monday, February 7th. If you want to write me or send me anything, please read the information below.”
He pled guilty to conspiracy to conduct wire fraud in 2021 and was arrested the previous year on allegations of submitting bogus loan applications to acquire monies through the Paycheck Protection Program. The scheme obtained around $24 million through the Covid assistance program. Blue admitted to falsifying loan paperwork and spending the money at the Seminole Hard Rock Hotel and Casino, as well as purchasing a Ferrari, which was seized by police following his arrest. He admitted to paying $250,000 to James R. Store and Phillip J. Augustin, who were also implicated in the scheme. Store and Augustin were both sentenced to 20 years in prison.