Lil Yachty Net Worth

Lil Yachty is an American rapper and composer who has a net worth of $8 million. Yachty is the youngest member of the Hip-Hop Cash Kings and describes himself as a bubblegum rap rapper. His most famous song “1 Night” peaked at number 34 on the Billboard Hot 100 chart.

He is known for coining the term “bubble trap” to describe his musical style that combines breezy optimism, druggy weirdness, and frenetic ATLian flare. He has released 31 singles, 4 studio albums, including 18 singles as a featured artist), 10 EPs, 3 mixtapes, 1 collaborative mixtape, 10 music videos and 13 appearances with guest status.

Along with his appearances on the 2016 multi-platinum tracks DRAM’s Broccoli and Kyle’s ISpy, Lil Yachty is also known for his distinctive hairstyle and upbeat personality.

Lil Yachty Net Worth (2024)

Net value 8 million USD
Job Rapper
Year old 27 years old
Nation America
Born August 23, 1997
Wage 3 million USD per year
Latest updates 2024

Lil Yachty’s Net Worth Growth

Net worth in 2024 8 million USD
Net worth in 2023 6 million USD
Net worth in 2022 4 million USD
Net worth in 2021 2 million USD
Net worth 2020 1 million USD

Early life

Miles Parks McCollum Aka Lil Yachty was born on August 23, 1997 in Mableton, Georgia. His father Shannon McCollum is a famous professional photographer. Kodie Shane is Yachty’s younger sister.

He enrolled at Alabama State University in the fall of 2015 but left soon after to focus on his music career. He moved from Atlanta to New York City under the nickname “Yachty” to start his career.

He lived with his friend in New York while creating his own Instagram following and connecting with other online street fashion influencers as well as working at McDonald’s to supplement his income when just starting his career.

Career

Lil’s professional career began when he teamed up with producer and beat artist Burberry Perry, who later became his collaborator, K$upreme. The three, known as “The Saling Team,” produce music in his bedroom studio.

Lil Yachty first found success when Drake’s OVO Sound Radio played his single Minnesota. When a popular meme video featured the SoundCloud version of his song One Night, it brought media attention to him.

He uploaded the music video for his song One Night online and it quickly became famous. In 2016, Lil Boat, his first mixtape was released. Broccoli, a popular song that peaked at number 5 on the Billboard Hot 100, was co-written by him and DRAM

That same year, he released his second mixtape, Summer Songs 2. On Tee Grizzley’s 2017 song From the D to the A, he was a featured artist. Lil Boat 2, his second studio album, was released in 2018 and debuted at number 2 on the US Billboard 200 chart.

Songs on the album include Self Made, Boom!, and Oops. As of 2022, Lil Yachty’s net worth is estimated at $8 million. In 2019, Lil Yachty released a few surprise singles.

With Oprah’s Bank Account, Lil Yachty made his third appearance on the Hot 100 as a lead artist in 2020. He released Lil Boat 3 after Split/Whole Time was released. He assembled a group of rappers from Flint and Detroit for Michigan Boy Boat in 2021.

lil Yachty's net worth and salarylil Yachty’s net worth and salary

Other efforts

Lil Yachty appeared as a model in Kanye West’s Yeezy season 3 fashion show. Many men’s publications have featured him on their covers. As an actor, he appeared in the 2018 film Life-Size 2: A Christmas Eve, Long Shot.

He also appeared in How High 2 in 2019 and in the 2021 documentary, A Man Named Scott. He has also voiced in Teen Titans Go! Coming to movies. Yachty has his own website, on which he also sells his own goods.

Additionally, the website offers glimpses into his personal life and news about Yachty’s upcoming shows, concerts, and tours. In 2018, Yachty signed with FaZe Clan and also participated in competitive Fortnite tournaments.

House and car collection

Lil Yachty lives in a luxurious 9-bedroom suburban estate in Atlanta worth more than $800,000. Yachty is a car enthusiast and owns several luxury cars including:

  • Rolls Royce Cullinan black badge – $442,600
  • Mercedes Benz G63 – 148,495 USD
  • Mercedes Benz Maybach – 250,000 USD
  • Ferrari 488 Spider – 300,000 USD
  • Lamborghini Urus – 218,000 USD
  • Dodge Challenger SRT Demon – $84,995
  • Ferrari F8 Tributo – 280,000 USD
  • Ferrari V6 – 200,000 USD
  • Bentley Bentegya – 219,430 USD

Sports shoe collection

Lil Yachty has a passion for collecting sneakers. He has a pair of Nike Air Jordan iii sneakers worth $200 and a pair of Sam Bootleg ’80s worth $1000. In addition, he also owns Originals, Pristine, Virgil Abloh Airboats, Margiela, Presto and Aqua Air Max blazers worth $79.

Jewelry collection

Yachty is especially fascinated by jewelry and has a wide variety of diamond and gold bracelets ranging in price from $1,095 to $10,844. In addition, he also owns many diamond rings.

Each costs $5,389.00. A diamond grill from AB Jewelers costs a significant sum, perhaps $50,000, and countless gold chains each cost more than $1,000.

Biography of Lil Yachty

Real name Miles McCollum Park
Nickname Lil Yachty
Year old 27 years old
Height In feet – 5 feet 11 inchesIn Meters – 1.8 mIn Centimeters – 180 cm
Weight In Kilograms – 73 KgIn Pounds – 161 lbs
Family Father – N/AMother – Shannon McCollumSisters – N/ABbrothers – N/A
Girlfriend Megan Denise
Wife do not apply
children first

“Just do what you want to do, and who cares what people think.”

– Lil Yachty

Lil Yachty’s Social Media Profile

Personal life

Yachty announced the birth of her first daughter in 2021 and her mother’s name is unknown. His rumored girlfriend is Instagram model Megan Denise and the two started dating in 2017.

He was jailed in 2015 for credit card fraud, but his record was sealed. Yachty was released on bail after posting $11,000 bail. In addition, he also announced his support for Bernie Sanders in the 2016 presidential election.

Summary

As of 2024, Lil Yachty’s net worth is estimated to be $8 million. He is one of the biggest success stories in rap music ever, who rose to fame with his song “1 Night.” The majority of Lil Yachty’s income comes from his music career.

It includes record sales, endorsements, modeling, tours, concerts and other sources. According to reports, he earns $1.36 million per year. He was charging $35K per show in 2016 and now $200,000 per show.

He also makes money through his YouTube channel Lil Boat, which currently has more than 2.7 million subscribers and more than 967 million views. With an average of over 400,000 daily views, he earns around $9.7k.

With over 100 live performances under his belt, he finally succeeded. Through his modeling career, he can earn $132,835 a year. Yachty said he spends about $52,000 monthly on his regular expenses.

He was famous for going on expensive shopping sprees. He spends his money on lavish, oversized jewelry and enjoys delicious meals at the most luxurious, expensive restaurants.

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