Baby blue, aka Diamond Blue Smith, has been released from prison 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 to his followers as Blue left prison and approached his friends who were waiting for him. At the time, he said,
“Baby Blue is now officially out!”
We have it all! Let’s get out of here, we’re never going back to this bastard!”
How much money do Baby Blue and Pretty Ricky make each year?
Baby Blue’s ability is valued at about $10 million, according to The Sun. He is 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 ensure the group’s success in the music business.
Pretty Ricky has also earned a lot of money during 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. The popularity of their albums, including 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 songs like Grind with Me, Your Body, On the Hotline, Love Like Honey, Say a Command and others.
What allegations have been made against Baby Blue?
On February 7, 2022, Baby Blue surrendered to police, which he announced in an Instagram post where he provided the mailing address of FCI Coleman Low, a federal correctional facility in Florida, adding:
“I’m going to turn myself in to the FBI on Monday, February 7. If you want to write or send me something, please read the information below.”
He pleaded guilty to conspiracy to commit wire fraud in 2021 and was arrested last year on charges of filing false loan applications to acquire funds through the Paycheck Protection Program. The scheme received approximately $24 million through the Covid assistance program. Blue admitted to forging loan papers and spending the money at the Seminole Hard Rock Hotel and Casino, as well as buying a Ferrari, which was seized by police after his arrest. He admitted to paying $250,000 to James R. Store and Phillip J. Augustin, who were also involved in the scheme. Store and Augustin were both sentenced to 20 years in prison.