Miles Parks McCollum aka Lil Yachty was born in Mableton, Georgia. He was born on 23rd August 1997. Later, he attended the Alabama University before he got his big break, a $2 million worth of record deal with Capitol Records, and this label is also home to big artists like Beyonce and Katy Perry.
His current net worth is estimated to be $8 Million. Lil Yachty is an emerging rapper, songwriter, and singer, and his main major music genre is Hip Hop. He gained a lot of popularity from his single “Minnesota” and “One Night” from his debut album titled “Ep Summer Songs” which was critically acclaimed.
Lil Yachty’s debut mixtape titled “Lil Boat” was released back in March in 2016. And again in 2016, he announced regarding his joint collaboration deal with Motown records and quality music Capitol Records.
Lil Yachty’s appearance catches everyone’s attention and one of the most talked-about things about him because of his red-colored hair. Yachty has given his genre of rap the name of the “bubblegum trap” as most of the songs he has done consist of themes from famous video games like Charlie Brown, Mario Bros, apart from that he has made his music on Nintendo games, Pixar movies, etc.
Lil Yachty is quite close friends with rappers like Lil Pump, Lil Uzi, and Young Thug. Despite him being a newcomer in the rap music industry he has managed to collaborate with big names such as Young Thug, Chance the Rapper, Post Malone, and Kylie Jenner.
Not only that, he got nominated for the prestigious Grammy Awards for his collaboration of “Broccoli” with the D.R.A.M label for the best rap collaboration category, that song also managed to reach top US rap chart, US R&B chart, and Billboard Hot 100 chart, giving him the well-deserved recognition he needed.
Yachty use to work at McDonald’s but now Lil Yachty has made a mark in the American music industry and is set to have a bright future ahead of him.
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Lil Yachty Net Worth
As of 2020, Lil Yachty’s net worth is around $8 Million. He has made most of the money through his rapping career but he has also done several commercials. He appeared in Sprite Commercials along with LeBron James, and that commercial aired during the Super Bowl, which brought Yachty a lot of recognition as well as notoriety.
And in 2016, Nautica launched a clothing line with Yachty, and Nautica offered him $500k so that he could feature in their ads and design a few T-Shirts, the deal was a huge success as all the T-shirts got sold out within weeks that Nautica had to rework a deal with Yachty and offered him $4 Million to expand the clothing line.
Yachty earns $30k per show and charges $100,00 to feature in each song. He has also worked as a fashion model for Kanye West’s fashion line “Yeezy”. Looking at all the work he has done in a short period of time it can be said with certainty that Lil Yachty is going to have a bright future, and his net worth would keep increasing each day.