American singer, songwriter, and rapper Machine Gun Kelly’s net worth is estimated to be $25 million as of 2024. MGK began rapping in high school and quickly gained a large local following through the release of several remixes. In 2011, MGK’s career took off when he signed with Bad Boy and Interscope Records. Machine Gun Kelly earns over $7 million a year through his music royalties. Machine Gun Kelly earns $4 million in salary for his film appearances.
Machine Gun Kelly Net Worth
Machine Gun Kelly’s net worth is estimated to be $25 million. Machine Gun Kelly earns over $7 million annually through his music royalties. Machine Gun Kelly’s net worth is estimated to be $25 million. MGK began rapping while still in high school and quickly gained a large local following through the release of several remixes.
In 2011, MGK’s career took off when he signed with Bad Boy and Interscope Records. Machine Gun Kelly earns over $7 million a year through music royalties. Machine Gun Kelly earns $4 million in salary for the movies he stars in.
| Net worth | 25 million dollars |
| Spotify Income | 4 million dollars |
| Apple Music Revenue | 2 million dollars |
| Asset | 10 million dollars |
| Invest | 12 million dollars |
| Loans and liabilities | 5 million dollars |
| Annual income | 7 million dollars |
Machine Gun Kelly’s Net Worth and Investments
Machine Gun Kelly owns over 6 properties, 5 cars, 1 luxury yacht. Machine Gun Kelly’s assets also include cash reserves of over $4 million. Machine Gun Kelly also owns a portfolio of 7 stocks worth $3 million. Some of the stocks owned by Machine Gun Kelly are listed below. Check out his future Net Worth.
- Walmart
- Apple
- Amazon
- Berkshire Hathaway
- AT and T
Machine Gun Kelly Net Worth Growth Rate
| Machine Gun Kelly Net Worth 2024 | 25 million dollars |
| Machine Gun Kelly Net Worth 2023 | $23 million |
| Machine Gun Kelly Net Worth 2022 | 20 million dollars |
| Machine Gun Kelly Net Worth 2021 | 19 million dollars |
| Machine Gun Kelly Net Worth 2020 | 17 million dollars |
Machine Gun Kelly’s Car
Machine Gun Kelly recently purchased a Jaguar F-PACE for $66,000. Machine Gun Kelly also owns a BMW X8 that costs $100,000. Some of the other cars owned by Machine Gun Kelly are listed below. Also, check out Kanye West’s Net Worth.
- McLaren 720S
- Range Rover Autobiography
- Aston Martin DBX
Machine Gun Kelly Debt and Loans
To calculate Machine Gun Kelly’s exact net worth, we need to subtract his liabilities from his total Assets. To build his business empire, Machine Gun Kelly took out over $4 million in loans and mortgages from top banks in the United States.
Kelly Machine Gun House
Machine Gun Kelly purchased a luxurious 8,900 square foot home for $7 million. Machine Gun Kelly then renovated and expanded the home by hiring an architectural design firm and spending an additional $2 million. For this luxurious home, Machine Gun Kelly imported German oak floors that cover the large great room, which has separate areas for relaxing, eating, and cooking. A fireplace warms one end of the room. Also see Kid Rock Net Worth.
Machine Gun Kelly’s house is shaped like a short U. The two extensions are connected by glass panels that jut out. The second floor is smaller than the first, allowing for a couple of balconies on either side of the house. This floor is styled differently from the one below.
Machine Gun Kelly’s Music Royalty Income
According to Forbes, Machine Gun Kelly is one of the highest-earning music artists, with an annual income exceeding $6 million. This income of Machine Gun Kelly comes from many music platforms such as Spotify, Apple Music, Amazon Music, YouTube, etc.
- Spotify– $4 million
- Apple Music – $2 million
- Amazon – $500,000
- Other companies – $1 million
Kelly Machine Gun Wiki
| Full name | Colson Baker |
| Known Name | Kelly machine gun, MGK |
| Year old | 33 years |
| Height | 6 ft 3 in (1.92 m) |
| Weight | 167lb (76kg) |
| Worthwhile | 25 million dollars |
The Exclusive Truth About Machine Gun Kelly
| Zodiac | Taurus |
| Favorite Actor | Johnny Depp |
| Favorite food | Pancake |
| Favorite color | White |
| Pet name | Rex |
| Favorite sport | Football |
| Favorite music artist | Eminem |
| Favorite vacation destination | Australia |
| Eye color | Blue |
| Hair style | Blonde |
| Tattoos on his body | 83 Tattoos |
Machine Gun Kelly Biography
Machine Gun Kelly was born in Houston, Texas and moved around several times until 2005 when he and his family settled in Cleveland, Ohio – the city that Kelly is most attached to. Cleveland rapper Machine Gun Kelly had his illustrious career in late 2011 when he transitioned from self-releasing mixtapes to working with major labels. Machine Gun Kelly broke through with his 2006 mixtape Stamp of Approval, which garnered a lot of attention.
Machine Gun Kelly rose to fame after releasing his first four mixtapes, Stamp Of Approval, Homecoming, 100 Words and Running, and Lace Up. Machine Gun Kelly had his first leading role in the romantic drama Beyond the Lights, and has since appeared in the techno-thriller Nerve, the horror film Bird Box, the comedy Big Time Adolescence, and as Tommy Lee in the biopic The Dirt. Throughout his musical and acting career, Machine Gun Kelly has garnered much respect, honor, praise, and lasting success.
Frequently Asked Questions
What is Machine Gun Kelly’s real name?
How much money does Machine Gun Kelly make a year?
Machine Gun Kelly earns over $7 million a year from music royalties.
Why Did Machine Gun Kelly Stop Rapping?
Machine Gun Kelly had a falling out with Eminem, which caused him to stay away from rapping and choose a different musical path.
How much is Machine Gun Kelly worth?
According to recent public documents filed with the IRS, Machine Gun Kelly’s net worth is estimated to be more than $25 million.
How did Machine Gun Kelly become famous?
Through his hugely successful mixtapes, MGK has garnered a huge fan base in the music industry.