Atlanta-born rapper, singer, and songwriter Young Thug skyrocketed to fame and reached impressive financial heights, with a net worth of $4 million due to his flourishing music career.
He’s best known for contributing to the hip-hop community, even pioneering a fresh and new microgenre—mumble rap!
He’s been described as “the most influential rapper of the 21st century,” his chart-topping hits, Go Crazy, Hot, The London, and Best Friend, prove that many of his fans agree.
Alongside his eccentric vocal style, Young Thug is famous for his unconventional fashion sense. His wardrobe often consists of women’s clothing, and the rapper can usually be seen on Instagram wearing skinny jeans or a kids-size dress with uniquely painted fingernails.
If you’re wondering how this versatile rapper went from making mixtapes to earning millions, keep reading as we’ll delve into Young Thug’s net worth and financial success story here.
What Is Young Thug’s Net Worth?
As of 2024, the American rapper Young Thug has an estimated net worth of $4 million. His primary source of income is his music career. This includes everything from album and streaming royalties to ticket sales, merchandise from tours, and brand sponsorship deals.
His properties previously included a million-dollar mansion in Atlanta! He bought this for $2.75 million in 2016 and sold it for $1.8 million in 2019. The 11,000 sq. ft. home had 7 bedrooms, 11 bathrooms, a theater, walk-out balconies, a four-car garage, an indoor pool, and a full bar.
Young Thug is also famous for being an automobile lover who needs speed.
He reportedly owns high-end sports cars like a Lamborghini Aventador worth $500,000, a Bentley Continental GTC worth $250,000, a Corvette C8 Stingray worth $80,000, a Rolls Royce Wraith worth $350,000, a Rolls Royce Cullinan worth $450,000, and three Mercedes Maybachs worth a total of $750,000—now that’s a collection!
Young Thug’s Earnings and Pandemic Losses
In an interview with Big Boy TV in April 2020, the rapper declared that he was losing millions while in quarantine. The pandemic led to a loss of opportunities for touring, show gigs, and festivals, causing Young Thug to lose a significant source of income.
He said, “The money I get for the shows, let’s just say I get $500,000. If I don’t do these ten shows, that’s 5 Ms. Then I don’t make five million ‘til June, and then I might spend a million, I might spend two million just on this quarantine.”
Young Thug further explained that the money he loses on missed shows during the pandemic is “probably the same amount” due to his day-to-day spending. He mentions his family’s hotel accommodations, which he emphasizes “costs money.”
Young Thug: Early Life and Career Breakthrough
Jeffery Lamar Williams, popularly known as Young Thug, was born on August 16, 1991, in Atlanta, Georgia. He grew up in Jonesboro South, Cleveland Avenue, as the tenth of 11 children.
He had a rough childhood, as one of his older brothers was killed right in front of their home. In 6th grade, he broke a teacher’s arm and was sent to juvenile detention, where he served four years. By the age of 17, Young Thug had already become a father.
Currently, he has six children: three sons and three daughters. He was previously engaged to Jerrika Karlae, but they decided to part ways in December 2020. The following year, Young Thug began dating singer Mariah the Scientist.
His music career began in 2011 when he self-released mixtapes entitled I Came from Nothing. This helped him gain the attention of the Atlanta rap community. His breakthrough came in 2013 when he signed with Gucci Mane’s 1017 Records and released his debut mixtape, 1017 Thug.
Young Thug cemented his rap icon status by releasing hit singles like Stoner, Sky Fall, and Danny Glover. His collaborations with Camila Cabello, Travis Scott, Drake, and Future have earned him several number-one hits on the Billboard Hot 100.
He released three studio albums, So Much Fun (2019), Punk (2021), and Business Is Business (2023), with the first two debuting on top of the Billboard 200 and the third one debuting at number two. Young Thug also established his record label, YSL Records, in 2016.
Young Thug: Legal Troubles
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Young Thug was reportedly charged with involvement in street crime and conspiracy to violate the RICO Act. The indictment alleges that Thug is the leader of an organization called Young Slime Life, which is accused of being involved in murder, assault, robbery, drug trafficking, and more.
In one particularly notorious charge, Young Slime Life is alleged to have orchestrated the 2015 tour bus shooting aimed at Lil Wayne. However, the rapper maintains his innocence. His lawyer, Brian Steel, has stated that the prosecution’s claims are false.
Final Thoughts on Young Thug’s Net Worth
Without a doubt, Young Thug has built a wildly successful name for himself in the music industry, with his record label and an estimated net worth of $4 million as of 2024.
He’s been called “the most influential rapper of the 21st century,” which is no small feat considering his early beginnings of self-releasing mixtapes. The title of his first tape, I Came from Nothing, tells us how he built his illustrious career from the ground up.
With all three of his studio albums and countless singles reaching the heights of Billboard’s Hot 100, it’s safe to expect that we’ll hear more great music coming from Young Thug soon!
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