Lil Yachty Net Worth In 2024 Is Around $8.5 Million
Height Is 5 feet 9 inches (1.8m)
If rap is your favorite genre, you probably have some favorite rappers who keep you hooked. If you’re a rap enthusiast, Lil Yachty might be on your list of top artists. As of 2024, Lil Yachty’s estimated net worth is around $8.5 million.
Biography:
| Full Name: | Miles Parks McCollum |
| Known As: | Lil Yachty |
| Net Worth: | $8.5 Million |
| Height: | 5’9’’ (1.8m) |
| Career: | Rapper & Entrepreneur |
| Date Of Birth: | August 23, 1997 |
| Birth Place: | Mableton, Georgia |
| Age: | 26 Years |
| Parents: | Shannon McCollum & Venita McCollum |
| Girlfriend: | Megan Denise |
| Kids: | 1 Daughter |
| Religion: | Christian |
| Nationality: | American |
Who is Lil Yachty?
Lil Yachty is a prominent figure among American rappers, singers, songwriters, and actors. Recognized for his distinctive style, colorful appearance, and catchy, melodic rap music, he has gained significant fame in the hip-hop industry with hits like “One Night,” “Lil Boat,” and “Broccoli.” Despite his success in both music and acting, Lil Yachty has also encountered numerous legal challenges.
Lil Yachty Net Worth & Income
Through his hard work and successful career in the entertainment industry, Lil Yachty has made it onto the list of millionaires. From 2015 to the present, he has amassed an estimated net worth of $8.5 million over eight years. Lil Yachty earns approximately $145K monthly and $1.9 million annually, though these figures can fluctuate depending on his projects and work.
Net Worth of Lil Yachty in Different Years
Lil Yachty Age And Physical Appearance
Lil Yachty, born on August 23, 1997, began his career as a rapper and musician in 2014. The entertainment industry often demands both talent and a striking appearance, and Lil Yachty is known for his unique style. He stands 5’9″ (1.8m) tall and has a well-balanced weight of 78 kg (172 lbs), making him a standout figure in the industry.
You May Also Like:Early Life & Education
Lil Yachty, born Miles Parks McCollum, came from a middle-class family in Mableton, Georgia, where he was born on August 23, 1997. His upbringing involved facing numerous challenges. He attended a local school in Mableton, and in 2014, he began higher education at Alabama State University. About a year later, he left the university to pursue a music career and moved to a friend’s place in New York. Before his university days, he worked at McDonald’s.
Lil Yachty Personal Life
Lil Yachty is very private about his personal life and prefers not to share it on the internet. However, some aspects of his personal life have been revealed in interviews and can be described as follows:
Lil Yachty Parents
Lil Yachty comes from a middle-class African-American family. His mother is Venita McCollum, and his father, Shannon McCollum, worked as a photographer in Atlanta, often collaborating with artists such as OutKast, Goodie Mob, and Lil Jon.
Lil Yachty Girlfriend
Megan Denise appears to be Lil Yachty’s girlfriend, as indicated by some Instagram posts. The couple has been in a relationship since 2020 but have not married. Although some online sources claim he is married, Yachty has not officially addressed this or mentioned it in interviews.
Lil Yachty Daughter
Yachty welcomed his daughter in 2021. There is no available information about his daughter or her mother on the internet.
Lil Yachty Career
- Lil Yachty gained recognition in the entertainment industry when his comedy video featuring the hit single ‘One Night’ amassed approximately 500 million views across various social media platforms by 2023.
- The year 2016 marked a significant breakthrough for Lil Yachty as he gained prominence through several mixtapes and collaborations with artists like Chance the Rapper and DRAM. This period saw the success of singles such as ‘Broccoli,’ which peaked at number five on the Billboard Hot 100, expanding Lil Yachty’s fan base considerably.
- In 2017, Lil Yachty released his highly anticipated debut studio album, “Teenage Emotions,” which debuted at number five on the Billboard 200. The album featured collaborations with artists such as Migos, Diplo, and YG. During this time, he also appeared in commercials for Sprite, Urban Outfitters, and other brands.
- His second studio album, “Lil Boat 2,” released in 2018, received critical acclaim and reached number two on the US Billboard 200 chart. A year later, in 2019, he followed up with another studio album titled “Lil Boat 3.”
- On October 11, 2022, Lil Yachty released the popular single “Poland,” which gained significant attention online over the following year.
- In 2023, his leaked fifth studio album, “Let’s Start Here,” generated buzz after appearing online late in 2022.
- Recently, Lil Yachty collaborated with Drake on ‘Another Late Night,’ directed by Cole Bennett, further solidifying his presence and popularity in the music scene today.
- In January 2023, Lil Yachty launched his fifth studio album, “Let’s Start Here,” diverging from his usual trap style to incorporate stronger influences from psychedelic rock.
Why was Lil Yachty imprisoned?
In 2020, Yachty encountered legal trouble when Georgia State Patrol reported that he was speeding at over 150 mph on an Atlanta highway. Additionally, Yachty faced two separate legal incidents: first, in 2022, for allegedly promoting the SafeMoon token on his social media platforms with misleading information, and later in 2023, he, along with eight other influencers, paid approximately $400k for promoting cryptocurrencies without properly disclosing that they were compensated.
Business Venture by Lil Yachty
- Concert Performance
- Songwriting
- YouTube
- Merchandise
- Investment
- Brand Collaboration
- Deep Cuts (Pizza Brand By Lil Yachty)
Best Songs By Lil Yachty Of All Time
- Coffin
- Demon Time
- DipSet
- Minnesota
- SOLO STEPPIN CRETE BOY
- the secret recipe
- 66
- All Around Me
- Broccoli
Lil Yachty Achievement
Throughout his professional journey, Lil Yachty has attained numerous accomplishments. He has been nominated for various awards and recognized for his outstanding achievements, including winning accolades like the Top Rap Collaboration award, Best Visual Effects, and even a Daytime Emmy. Additionally, he has ventured into acting, featuring in several films, with notable roles in:
- In 2018, Teen Titans Go! To the Movies
- In 2019, How High 2
- In 2021, A Man Named Scott
- In 2023, Grown-ish
Lil Yachty Luxuries
After years of dedication and advancement from a middle-class upbringing, Lil Yachty now enjoys a life of luxury, highlighted by his lavish mansion and a collection of luxury cars, including:
House of Lil Yachty
Lil Yachty resides in a luxurious mansion valued at $3 million in Atlanta, Georgia, USA.
Car Collection of Lil Yachty
- Rolls Royce Cullinan Black Badge, worth $442,600
- Lamborghini Urus, worth$218,000
- Bentley Bentayga, worth $219,430
- Ferrari 488 Spider, worth $300,000
- Mercedes-Benz Maybach, worth $250,000
Additional Business Endeavors
Lil Yachty has diversified his ventures beyond rapping and album releases. Notably, he featured in a Sprite commercial with LeBron James and has maintained his presence in fashion and modeling since his collaboration with Yeezy. Following his rise to fame, Lil Yachty served as the face of various Nautica and Urban Outfitters clothing lines. He also appeared in a promotional music video alongside Carly Rae Jepsen for Target.
One of Yachty’s more unusual brand partnerships was with Chef Boyardee. In 2018, he teamed up with Donny Osmond to create a new theme song for Chef Boyardee titled “Start the Par-dee.” Additionally, Lil Yachty endorsed Bernie Sanders in 2016, appreciating the senator’s commitment to civil rights. Beyond these ventures, Yachty took on the role of Cole Hudson in the ABC sitcom Grown-ish.
Lil Yachty Social Media Links
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| YouTube | See Profile |
| See Profile | |
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| TikTok | See Profile |
| Spotify | See Profile |
| SoundCloud | See Profile |
Favorite Quotes from Lil Yachty
- “Hey, Lil’ mama would you like to be my sunshine? Ni**a touch my gang we gon’ turn this shit to Columbine. Ice on my neck cost me 10 times 3. 30, 000 dollars for a ni**a to get flee. I just hit Rodéo and I spent like 10 Gs. I just did a show and spent the check on my mama. When I go on vacay I might rent out the Bahamas. And I keep like 10 phones, damn I’m really never home. All these ni**as clones tryna copy what I’m on.” – Lil Yachty
- “Too much money, I need like two vaults (I need two). Stacks big and green, I call my pockets the new Hulk. We don’t pay attention to no loose talk, shoot that choppa hundred times, I had to let it cool off. Diamonds dancin’ on me, doin’ the moonwalk, can’t wear my AP, I had to let it cool off.” – Lil Yachty
- “Can’t nobody get up in my car today back seat feeling like a charter plane? Bumping Silkk Da Shocker Charge It To The Game paint dripping like I’m whipping marmalade. Look at the way that I’m shining I won’t be checking the mileage. She said how much is that Rollie? I said don’t worry I’m timeless.” – Lil Yachty
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Final Words
In 2024, Lil Yachty, born on August 23, 1997, has amassed an estimated net worth of $8.5 million through his successful career in the entertainment industry. Known for his distinctive style and catchy music, he maintains a luxurious lifestyle, residing in a $3.2 million mansion and owning a car collection worth $1.5 million. Despite encountering legal challenges, Lil Yachty remains a prominent figure in hip-hop, earning approximately $1.9 million annually through diverse projects.
