How Moneybagg Yo Achieved a Net Worth of $4 Million (2024)

Net Worth

ByAllen LeePosted onUpdated on

How Moneybagg Yo Achieved a Net Worth of $4 Million (1)

Over the last couple of years, hip-hop has managed to accent from the fringes of music to become one of the most popular genres in the world right now. Consequently, hip-hop artists have been able to amass a huge following. Additionally, because of its ascendance into the mainstream, hip hop artists have been able to not only command a huge following when it comes to the number of people listening to their music but also make also of money while doing it. A quintessence of this is Moneybagg Yo. His rapid ascension in the rap game and music, in general, is the stuff of folklore. Having barely been in the industry for less than a decade, it is astonishing the amount of music he has been able to put out. The Moneybagg Yo net worth is something that astonishes many people, considering his age and the amount of money he has been able to accumulate in his relatively short but hugely influential music career. In this article, we will look at how he has been able to build himself up from the trenches to the upper echelons of wealth and influence.

Beginnings and early life

Moneybagg Yo, whose real name is Demario DeWayne White Jr, was born in Memphis, Tennessee on September 22, 1991. He grew up and had his education in the same area. When he was in 12th grade, he decided to drop out of school and focus on his music. His earlier mixtape was ‘From Da Block 2 Da Booth’ which garnered him huge popularity in the Memphis region. He would then follow up on his recently gained success by releasing a series of mixtapes in a span of one year. Of the four that he would release, one would ultimately win him the Memphis Hip-hop Award for Mixtape of the year. From then on it was all the way to the top. Over the next couple of years, he would not only continue creating hit singles and mixtapes but also be featured by some of the most influential artists at the time. He would go on to appear as a featured artist in records by Yo Gotti, Young Dolph, and Y Grizzle. It was then that he caught the ear of Yo Gotti, an artist who made and run his own label, Collective Music Group. Moneybagg Yo would go on to sign with this label for a whopping 200,000 dollars in cash.

How did Moneybagg Yo make a fortune of close to four million dollars?

With the backing of a music label as huge as Collective Music Group, this talent was accentuated and his influence increased tenfold. The first two full-length albums he released debuted at number five and number 16 on the billboard 200 charts respectively. This was only the beginning. He would, in 2020, go on to release his most successful album to date, ‘Time Served’. The album was a huge commercial and critical success, as it debuted at number 3 on the billboard 200 charts. It has been revealed that his first two mixtapes, which were released in 2018, were a huge success, with both of them debating in the top ten in the US R&B and Hip-hop charts. As you would expect, a huge portion of the fortune that Moneybagg Yo has been able to amass has been through the music that he has been putting out. Most of the songs, albums, and projects he has put out have been huge commercial successes, with most of them charting. Additionally, Moneybagg Yo also has numerous other business ventures. Though he is signed to Collective Music Group, he also owns his own record label, Bread Gang Music Group. Furthermore, he has multiple music distribution deals with a myriad of music groups. He has signed distribution deals with Diplomat Records, which is under the Def Jam Music umbrella.

Other ventures

Other than music, there is a myriad of other avenues through which he has been able to proliferate his wealth portfolio. One of the said avenues in real estate. Not only is Moneybagg Yo signed to Yo Gotti’s record label, but the two are also really close friends. Thus, it comes as no surprise that Yo Gotti has been sharing real estate knowledge with Moneybagg Yo. The two artists have several real estate projects in Memphis and all around the country.

Personal life

With his success, Moneybagg Yo has had a lot of scrutiny surrounding his personal life. His relationship with Megan the Stallion is well documented, with the two even having an RIAA platinum-certified record ‘All That’. The two eventually broke up, but it is understood that they are still close. The rapper has seven children. He recently said in an interview that he had three children before he dropped out of school in 12th grade. His most recent progeny is his daughter, who was born in 2017. Moneybagg Yo has stated on numerous occasions that he is in good relations with all his children’s mothers. The rapper is currently dating Ariana Fletcher, better known as Ari. She is a social media star with a huge following on almost all social media sites. This relationship has also contributed immensely to the rise in stardom for both Moneybagg Yo and Ariana. Their social media accounts are littered with photos of them buying each other gifts and spending time together. In July 2020, Moneybagg Yo bought Ariana a Lamborghini Uris, the fastest SUV truck right now for her birthday.

Controversies

It was recently reported that Moneybagg Yo was involved in a shooting in Las Vegas at the Aria Resort and Casino. He was celebrating his 29th birthday when the incident occurred. He was not hurt in any way, and he later clarified on his Instagram handle that he wasn’t the target of the shooting. He also shared videos taken as he relaxed with his friends on that day. Moneybagg Yo did not press any charges for the shooting.

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How Moneybagg Yo Achieved a Net Worth of $4 Million (2024)

FAQs

How is Moneybagg Yo so rich? ›

Moneybagg's Money Is Long

From fashion collaborations to investments in real estate, and even debuting his own water brand, Moneybagg Yo has demonstrated an understanding of the entertainment industry's evolving landscape and the importance of having a plan beyond solely selling music.

How much does Moneybagg Yo make per show? ›

Moneybagg Yo

He went on to reveal that he got paid $200,000 for a show in 2022, and that has now become his standard booking fee – with a few exceptions. “Everybody ain't got the $200,000,” he said. “I ain't going no less than $150,000. We're going to make it happen.”

Is Moneybagg Yo still signed to CMG? ›

Moneybagg Yo's solo work will continue to be released via Yo Gotti's CMG label.

Did Moneybagg Yo pass away? ›

No, Moneybagg Yo is not dead.

What is Yo Gotti's net worth? ›

Run” Simmons of Run-DMC. In addition to running CMG, Gotti has a minority stake in the MLS team D.C. United and owns the restaurant Prive in Memphis. All told, Forbes estimates Gotti is worth around $100 million, but he still has plenty of hustle left.

How much does J. Cole charge for a show? ›

The estimated speaking fee range to book J. Cole for your event is $100,000 - $200,000. J.

How much does Kanye charge for a show? ›

The Chicago rapper revealed that he charges $8 million per show after a rap blog claimed his price was set at $1 million. The 45-year-old mogul quickly told the RapThoughtsDaily Instagram account to correct its original claim. “Please change this my performance fee is 8 million,” wrote Ye.

What rapper makes the most per show? ›

Drake makes history yet again after becoming the first rapper ever to earn over $5 million in a single arena concert.

Who is Moneybagg's yo manager? ›

With client Moneybagg Yo topping the Billboard 200 for the first time, his manager and Roc Nation senior vp artist management Mike Brinkley earns the title of Billboard's Executive of the Week.

Who found Moneybagg Yo? ›

Moneybagg Yo first gained attention in the music industry with the release of his July 2016 mixtape, All Gas No Brakes. Its release caught the attention of CMG label founder Yo Gotti, and he made multiple attempts to sign Moneybagg.

Does Moneybagg Yo own a label? ›

Moneybagg Yo has developed into a bonafide rap titan, and has played an integral role in Memphis' streaming era renaissance over the last five years or so. Bagg's even bossed up in his own right, with the creation of his Bread Gang label imprint, in addition to his NLess and CMG affiliations.

Is Ari and Moneybagg engaged? ›

Ari Fletcher confirmed being married for 2 years to moneybagg yo.

Did Ari broke up with Moneybagg? ›

“We married.

We previously told y'all that Ari first revealed her break-up from Moneybagg on March 29. She shared the update in an X post, writing, “I'm so f**king single.” That same day, she went viral for her lead appearance in his twerk-themed 'Bussin' music video.

How did Ari and Moneybagg meet? ›

Moneybagg: Oh, I saw her in the mall or somewhere shopping and there was just too much going on at the time so I felt like I couldn't shoot my shot in that particular place, and then I got to reaching out to mutual friends, and people that we know and I was like “Hey, there's a big party going on in Atlanta, make sure ...

Why is Lil Baby so rich? ›

His wealth comes from a combination of his music career, which includes hit songs and sold-out concerts, as well as brand endorsements and smart real estate investments. Lil Baby's rapid rise in the music industry over the past few years highlights his talent, dedication, and business acumen.

How did Moneybagg Yo get famous? ›

Moneybagg Yo first gained attention in the music industry with the release of his July 2016 mixtape, All Gas No Brakes. Its release caught the attention of CMG label founder Yo Gotti, and he made multiple attempts to sign Moneybagg.

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