The $15 Million Question: Unpacking Rory And Mal's Massive Net Worth After The Joe Budden Podcast Split

Rory Farrell and Jamil "Mal" Clay have successfully transitioned from being co-hosts on one of hip-hop's most popular podcasts to becoming independent media moguls. As of December 10, 2025, their combined financial success, driven by a massive podcast deal and diversified business ventures, has catapulted their estimated joint net worth into the multi-million dollar range, demonstrating the immense value of owning your own intellectual property.

Their journey, marked by a highly public split from the Joe Budden Podcast (JBP) in 2021, served as a powerful lesson in media entrepreneurship. By launching their own show, New Rory & MAL, they not only retained their massive audience but also secured a multi-million dollar distribution deal that cemented their financial independence and significantly inflated their individual wealth estimates.

Rory Farrell and Jamil "Mal" Clay: Biography and Career Profiles

The success of the New Rory & MAL podcast is built on the distinct, yet complementary, professional backgrounds of its two hosts. Their combined experience in the music industry and media laid the groundwork for their current financial standing.

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Rory Farrell (The Red-Headed One)

• Full Name: Rory Farrell
• Estimated Net Worth (2025): $5 Million
• Primary Income Streams: Podcast revenue, music production, A&R consulting, marketing management, and brand partnerships.
• Career Highlights:
  • Began his career in 2010 at Island Def Jam, working as an assistant in A&R (Artists and Repertoire), Video Promotion, and Production.
  • Served as a Social Producer for Havas Sports & Entertainment from 2015 to 2017.
  • Held the role of Marketing Manager at Sony Music Entertainment (2018-present).
  • Released his own musical project, the album I Thought, where he holds producer credits on every song.
  • Co-host of The Joe Budden Podcast (2015–2021) and co-founder of New Rory & MAL (2021–Present).

Jamil "Mal" Clay (The Cool One)

• Full Name: Jamil Clay (Goes by Mal)
• Estimated Net Worth (2025): $4–5 Million
• Primary Income Streams: Podcast revenue, executive consulting, and brand partnerships.
• Career Highlights:
  • Has deep, long-standing connections within the hip-hop industry, including being the younger brother of renowned music executive Kyambo "Hip Hop" Joshua, who is known for managing major artists like Kanye West.
  • His career has been largely focused on the business and executive side of music, leveraging his industry relationships.
  • Co-host of The Joe Budden Podcast (2016–2021) and co-founder of New Rory & MAL (2021–Present).
  • Mal is widely respected for his "street-level" business perspective and cultural commentary.

The $10 Million Podcast Power Play: The SiriusXM/Stitcher Deal

The single most significant contributor to Rory and Mal’s current net worth is the lucrative partnership they secured for their independent podcast, New Rory & MAL. This deal was a direct result of their decision to leave the JBP and bet on themselves.

The duo officially signed a partnership with SiriusXM's Stitcher (now part of the More Sauce label) in late 2021. This deal was widely reported to be a multi-million dollar agreement, with industry sources and publications like Vulture claiming the total value was rumored to be as much as $10 million. This figure represents the guaranteed revenue, production budget, and marketing support provided by the satellite radio giant.

This massive contract is split between the two hosts, likely over a multi-year term, and represents a massive leap in guaranteed income compared to their rumored $40,000 monthly salaries while on the Joe Budden Podcast.

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Why the $10 Million Deal Was a Game Changer

The deal was not just about money; it was about ownership and infrastructure. By partnering with SiriusXM, Rory and Mal gained:

• Guaranteed Revenue: A fixed, high-value income stream, insulating them from the volatility of ad-based revenue.
• Distribution: Access to SiriusXM's massive subscriber base and the established platform of Stitcher.
• Creative Control: The ability to maintain creative freedom over their content, a key point of contention during their split from the JBP.
• Leverage: The deal instantly established them as high-value content creators in the competitive podcasting landscape.

Diversified Income Streams and The Volume Partnership

While the SiriusXM deal provides the financial backbone, Rory and Mal have strategically layered multiple additional revenue streams to build their topical authority and increase their overall net worth. The modern celebrity net worth is rarely based on a single source of income.

The Volume Network Partnership

In a major, recent move, the New Rory & MAL podcast announced a new partnership with Colin Cowherd's The Volume network. This move is significant as The Volume, known for its focus on sports media with figures like Shannon Sharpe, is making a major push into entertainment. This partnership provides:

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• Cross-Promotion: Exposure to a new, diverse audience of sports and culture fans.
• Brand Synergy: Association with a major, respected media personality like Colin Cowherd.
• Ad Sales: Access to The Volume's robust ad sales team, securing more lucrative brand deals and sponsorships.

Individual Ventures and LSI Keywords

Their individual side ventures continue to contribute to their wealth, providing a crucial layer of diversification:

• Rory's Music and Marketing: Rory Farrell's work as a music producer and his ongoing role as a Marketing Manager at Sony Music provide steady, high-level corporate income. This experience allows him to consult on A&R strategy and digital media campaigns.
• Mal's Executive Consulting: Jamil "Mal" Clay leverages his deep connections to the industry, including his brother Kyambo Joshua (Hip Hop), for executive consulting and private business ventures. His reputation for cultural insight makes him a valuable partner for brand partnerships and media strategy.

The Final Calculation: Rory and Mal's Combined Net Worth

Calculating the precise net worth of public figures is challenging, but based on the available, current financial data, a highly informed estimate can be made. The key factors are Rory's established individual net worth and the value of their joint venture.

Rory Farrell’s Net Worth: The most consistent and current estimates place Rory’s individual net worth at $5 million. This figure accounts for his extensive career as a music executive, producer, and his share of the JBP and New Rory & MAL earnings.

Jamil "Mal" Clay's Net Worth: While a specific independent figure is less common, Mal is an equal partner in the highly lucrative New Rory & MAL venture. Therefore, it is reasonable to estimate his net worth to be in parity with Rory's, placing it conservatively at $4–5 million.

The Combined Net Worth: Based on these figures, the estimated combined net worth of Rory Farrell and Jamil "Mal" Clay is approximately $9–10 million. This figure is heavily underpinned by the guaranteed, multi-million dollar revenue from their SiriusXM/Stitcher/More Sauce deal, their new partnership with The Volume, and their successful transition to being independent content owners.

Their story serves as a testament to the power of independence in the digital age. By taking a calculated risk and securing a major deal, Rory and Mal successfully converted cultural relevance into significant, long-term financial stability, making them two of the most successful independent podcasters in the hip-hop media landscape today.