When he died, Smalls left behind his wife, Faith Evans, and two small children, T’yanna and Christopher Wallace, Jr (via Black Past). In addition, he was also the only child of his mother, Voletta Wallace. Per Celebrity Net Worth, Smalls was worth $10 million at the time of his death. His estate is now managed by his mother, his widow, his former manager, an attorney, and a merchandising manager (via Billboard). Due to licensing deals, album releases, films, and more, Smalls estate is now worth around a whopping $160 million.
Although there are no specific numbers available, according to Answer Africa, the bulk of his assets went to his two children. His mother has kept his legacy alive by involving herself in all posthumous projects related to Smalls. If she thinks something will trivialize her son’s memory, she passes on it. Although it’s been 24 years since her son’s death, Wallace still believes there could one day be justice (per Entertainment Weekly). In 2021 she stated that as long as she’s alive, she will always have hope his murder will one day be solved.