Lil Yachty Net Worth: How Rich is The American Rapper Actually?

Lil Yachty is an American hip hop recording artist who has a net worth of $8 million. Best known for songs such as “One Night,” Lil Yachty represents an evolution in the rap and hip-hop genres towards something completely new.

Biography, Career, Profession, Net Worth, Age, Height

Although many people have labeled the genre popularized by rappers like Lil Yachty as “mumble rap,” he does not see himself as such. Instead, Lil Yachty has described his music as “bubble-gum trap,” and he frequently uses sound bytes from sources such as cartoon theme songs and video games. Although perhaps simplistic, his music has been well-received by various critics, who describe it as “catchy” and “fun.”

Early Life of Lil

On August 23rd, 1997, Miles Parks McCollum was born in Mableton, Georgia, as Miles Parks McCollum. His musical career would be greatly influenced by the influence of Canadian rapper Drake on Yachty when he was a youngster.

After attending Alabama State University in 2015, Lil Yachty dropped out to focus on his music career.

Upon moving to New York, he began networking as soon as he lived with a friend there. The streetwear scene in his hometown became his first point of contact and he worked hard to grow his Instagram following.

Lil Yachty was instantly aware of the importance of building a strong online presence as a young musician familiar with social media. He supported himself by working at McDonald’s during this time.

Lil Yachty’s Career

A viral video featuring Lil Yachty’s song “One Night” triggered his big break, which he achieved only afterward. While everyone found the video funny and curious, they also said: “What is that song?”. When people discovered that it was Lil Yachty’s song, they took interest and looked up more information about him.

126 million views have been recorded by Google so far for the video “One Night” as of 2020.

After signing with Kanye West’s Yeezy merchandise line, Lil Yachty gained even more fame in 2016. The mixed tape, entitled Lil Boat, includes the song that made him famous – “One Night.” This mixtape proved to be the start of Yachty’s successful career, as he began to collaborate with other well-known rappers and musicians.

The song “Broccoli,” which debuted at number five on Billboard’s Hot 100, was also Yachty’s collaboration with DRAM. While collaborating with Chance, he also produced an album.

A little over a year after his debut mixtape, Lil Yachty released his second mixtape. Summer Songs 2, a mixtape he released less than a year ago, allowed him to capitalize on his earlier success. There were subsequent collaborations with rappers such as Kyle and Tee Grizzley.

His first studio album, Teenage Emotions, was released in 2017. It marked a major step in Lil Yachty’s music career. In its debut on the Billboard Top 200, the album peaked at number five. Since Yachty has established himself within the hip-hop scene, he has been able to attract a variety of artists who are eager to appear on his debut album. These artists include Migos, Diplo, and YG.

The year of 2018 brought Lil Yachty even greater success, as he released his second studio album, Lil Boat 2. While the album received mixed reviews, its financial results painted a very different picture. The Billboard Top 200 charted Lil Boat at number two with 64,000 units sold.

An accomplishment such as this was quite impressive for a rapper whose genre is rather unique. Most critics thought it improved Teenage Emotions. In 2018, Lil Yachty also joined the popular E-Sports team FaZe Clan, which many speculate could lead to future collaborations on merchandise.

In addition to working with Ocean Park Standoff, Yachty also broadened his musical horizons with “If You Were Mine.” in 2018.

While Yachty had a relatively quiet year in 2019, his career resumed in 2020 with a vengeance, announcing the release of Lil Boat 3. Lil Yachty’s childhood idol, Drake, also appeared on the album’s lead single, “Oprah’s Bank Account.”

During 2020, Lil Yachty teamed up with several other musicians, including A-Team. Among the artists who contributed to this collaborative album were Lil Gotit and Lil Kreed.

Legal Issues: 

Several credit card fraud schemes were run by Lil Yachty before he became famous in 2015. After posting an $11,000 bond, he was released from jail soon after being arrested at a mall in Palm Beach with another man. At the time, he was a teenager and, therefore, would have had his criminal records expunged.

Additional Ventures: 

Lil Yachty has had a variety of other ventures in addition to rapping and releasing albums. His appearance in Sprite commercials alongside LeBron James probably stands out as the most prominent.

The model and songwriter have also continued to be involved in the industry since he worked with Yeezy. The singer became a face for Nautica and Urban Outfitters fashion lines after he gained fame. Moreover, he starred in a Target-sponsored music video alongside Carly Rae Jepsen.

Yachty has a relationship with Chef Boyardee, which is perhaps one of the oddest. “Start the Par-dee,” Lil Yachty’s song for Chef Boyardee, was released in 2018. The rap star also endorsed Bernie Sanders in 2016, citing his commitment to the civil rights cause.

Lil Yackty’s Personal Life

In 2016, Lil Yachty dated India Love. India Love and Soulja Boy split after she became close to the rapper. Yachty and Soulja also got into a row over a leaked videotape of India Love experiencing conflict with Soulja.

He ended up getting punched by Soulja Boy as a result of the argument. A credit card fraud scheme led to Yachty’s arrest in 2015. Two men were arrested at a Palm Beach mall together. For Yachty to be released from prison, she had to post an $11,000 bond.

Net Worth

Around $8 million is the estimated worth of Lil Yachty’s personal wealth as of 2021. As a musician, he has accumulated a sizeable sum. His earnings from his appearances with Nautica and Urban Outfitters were also impressive. In addition to producing and starring in a live-action film, Yachty is also developing a UNO-themed movie.