Lil Yachty Net Worth and Biography

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Since 2017, Lil Yachty was the center of several controversies due to the fact that he is the youngest member of Hip-Hop Cash Kings. He’s on the list of the top-earning hip-hop performers with an impressive net worth of $8 million.

Net Worth: $8 million
Birth Date:
August 23, 1997
Birthplace:
Mableton, Georgia, USA
Profession:
Rapper
Last Updated:
October 2019
Lil Yachty net worth

Lil Yachty Net Worth

Lil Yachty is a talented rapper that gained a lot of popularity very fast. He collaborated with Burberry, who was both his producer and beatmaker. K$upreme joined this arrangement, and all of them started calling themselves ‘The Sailing Team’. What is even more intriguing, is that the first album production was done straight from Lil Yachty’s bedroom studio. In 2015, they released their album EP Summer songs. Two songs, ‘Minnesota’ and ‘One Night’, were featured high in national and international music charts.

The popular radio OVO continuously broadcasted their song ‘Minnesota’, which added to their popularity. It was the turning point in Lil Yachty’s life, and he never looked back. He wrote and published several other compositions, like the Lil Boat mixtape. Several official reports show that his studio albums Teenage Emotions, Lil Boat 2, and Nuthin’ 2 Prove gained number one place in music charts faster than any other recent hip-hop productions in the past years.

Yachty’s song ‘Broccoli’ became famous on the globe and attracted a couple of Grammy Award Nominations for the rapper. The song was number 5 on Billboard top 100 and added on Chance’s the Rapper Mixtape. After this, he signed a significant deal with Quality Control Music, Motown Records, and Capitol Records, which contributed to his fortune.

Besides this, Lil Yachty benefits from several endorsements that contribute to his impressive fortune. He is present in a couple of ads, including a Sprite commercial done alongside LeBron James. Yachty is the face of popular brands like Nautica and Urban Outfitters. Besides, he appears in the ad ‘It Takes Two’ with Carly Rae Jepsen for Target advertisement purposes. And what is even more interesting is that Yachty received the role of creative director of Nautica in 2017.

Lil Yachty receives with each show an estimative income of $100,000. Also, he owns a house with ten rooms where he lives with some close friends. It is believed he owns several other properties, including a penthouse and a condo. Also, to express gratitude towards his mother, he bought her a house worth $200,000, along with an insurance of $1,000.

Yachty is passionate about cars and owns an exquisite collection of vehicles. From his social media accounts, we can see that Yachty currently has a Bentley with a value of $180,000, a BMW 18 with a cost of $148,500, a Mercedes G worth $124,000 and a Ferrari F12 worth $380,000. Also, close friends say that Yachty has exceptional jewelry and clothes collections, but such data was not released to the public.

Lil Yachty’s social media accounts were essential in getting him to the top. His YouTube channel has more than 140 million views, while more than 3 million people follow his Instagram and Twitter accounts. So, it is safe to assume, that al these accounts add an excellent revenue to his overall fortune.

Biography

Miles Parks McCollum or Lil Yachty was born in 1997 in Mableton, USA. He attended Pebblebrook Highschool while he had a job at McDonald’s. Here Yachty met other rappers that dreamed of becoming famous. Soon after, Yachty enrolled in the Alabama State University, but he quit his studies after only two months. Since he was a kid, Lil Yachty was drawn continuously towards music. He was interested primarily in compositions that were distinct and did not follow any rules.

Even though he is a successful rapper, Lil Yachty had a couple of law-related problems. In 2015, Yachty was arrested at a mall in Palm Beach Gardens, Florida, for credit card theft and fraud. Shortly after, he was released after a bail of $11,000 was payed. After this, Lil Yachty released an official statement in which he affirms his record as cleared of all charges. He even underlines that this was a misunderstanding, but some people believe this was just a cover-up to keep his image intact.

Also, he attracted a couple of other scandals, including the controversy related to his colleague, Soulja Boy. The problems were about the leaked videotape, and the scandal evolved in such manner, that they had a public argument on their social media accounts. From there, they’ve met in person, and a video of Soulja Boy punching Yachty was released to their followers. But this only added fame to Lil Yachty, while his fans supported him without hesitation.

Yachty managed to keep his personal life hidden. But it is a fact well known that throughout the years, he was constantly bullied and harassed. During his time in school, he made few friends. So, life wasn’t easy on him initially, yet soon after he followed his career in music, he met people with similar interests.

As for Lil Yachty’s romantic involvements, there is little to no information to share. He has been in a relationship with India Westbrook in 2017 and previously dated the model Rubi Rose between 2016 and 2017. But we can clearly see on his social media accounts that beautiful women always surround him. It makes it quite hard to identify if he is in a serious relationship or not. As for today, Lil Yachty has no children and has never been married.

Categories Rappers