Lil Yachty, an American rapper, singer, and songwriter became famous after releasing his debut single, One Night in 2015. He has a net worth of $8,000,000. He has managed to release 3 studio albums as well as has a vibrant acting career. Further details on Lil Yachty’s personal life, net worth, and income sources are here.
Lil Yachty’s Net Worth
The 21-year-old rapper has had a career of over 4 years but has managed to attract a lot of mainstream media attention. Lil Yachty flaunts themself as one of the youngest millionaires and his major source of income is music, acting as well as endorsements by some popular brands. With his growth potential, he is often compared to the big shots of rap like Kendrick Lamar and Ludacris who are millionaires in the game. Lil Yachty performs for not less than $100,000 per concert and this has earned him thousands of dollars yearly.
So far, Lil Yatchy has released 3 studio albums namely: Teenage Emotions, Lil Boat 2, and Nuthin’ 2 Prove. These albums have netted more than $3 million in earnings. He also has notable acting credits in Long Shot, Teen Titans Go!, and Life-Size 2, and these movies performed well at the box office.
Apart from his music and acting career, Lil Yachty has a vibrant social media presence. He has profited from endorsements with popular brands such as Sprite, Adidas, Christian Dior, and Icebox Jewelry. Nautica has once appointed him as the face of the brand as well as Urban Outfitters. He gets income from his Instagram page as sponsors pay him to post as he commands a following of 8.5 million followers. Lil Yachty also has a YouTube channel that earns him upwards of $100,000.
Assets, Expenses, and Lifestyle
Lil Yachty lives in his house in the US even though no one knows either the worth or the location of the house. He has disclosed though in a previous interview that since he hates living in the 9-bedroom house alone, he lives with 10 of his friends. Before he moved to the huge mansion, he stayed in a 2-bedroom condo that he still shared with 2 of his friends. He has also bought his mother a house valued at approximately $200,000.
From his Instagram page, Lil Yatchy’s love for luxury cars and his car collection is quite impressive. Among his car collection is a $379,866 Ferrari F12 Berlinetta and a $124,500 Mercedes G Wagon. The young rapper is also fond of expensive jewelry and clothing as well as going on adventures to different parts of the world.
Lil Yachty was born on August 23, 1997, in Mableton, Georgia, USA. His real name is Miles Park McCollum and is of black ethnicity. Lil Yachty dropped out of Alabama State University to pursue his musical career. Watch is not married and but has dated 2 Instagram models India Westbrook and Rubi Rose.
Lil Yachty has active involvement in charity work, for example, Food and Drug Administration and The Robin Hood Foundation. He has partnered with Reebok and Foot Locker to donate shoes to victims of Hurricane Maria.
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