Moneybagg Yo is an American rapper with a net worth that more than lives up to his stage name. This guide reveals everything you want to know about Moneybagg Yo's music, career, and finances.
Hard-hitting, unapologetic rhymes about his personal struggles, conflicts, and transgressions made Moneybagg Yo an instant success in the hip-hop and rap scenes. Today, he drips in gold, diamonds, and a $200K grill. Moneybagg Yo's net worth is quite impressive. But his life wasn't always one of wealth. His story reveals how even those forgotten at the bottom can develop a hustler's mindset to sell their talent, grow an audience, and become incredibly rich.
| Moneybagg Yo Net Worth: | $6 million |
| Real Name: | DeMario DeWayne White, Jr. |
| Age: | 31 |
| Date of Birth: | September 22, 1991 |
| Birthplace: | Memphis, Tennessee, USA |
| Gender: | Male |
| Height: | 5 ft 11 in (1.80 m) |
| Source of Wealth: | Rapper and Songwriter |
| Best-Known For: | Dropping Menacing Street Life Rhymes |
Who is Moneybagg Yo?
DeMario DeWayne White, Jr. was born on September 22, 1991, to a single mom in Memphis, Tennessee. The oldest of three siblings, his mom struggled to feed him and his two younger brothers. Lights and running water were a luxury. Violence, crime, and drugs were the norm. These core memories drove DeMario to become a hustler to escape poverty.
In high school, DeMario started rapping as a way to express himself. He looked up to other hip-hop artists, including Yo Gotti, Drake, and Future. Their music inspired DeMario to pursue a career in music. He stopped using his birth name and adopted a stage name—Moneybagg Yo.
During his senior year, Moneybagg dropped out of high school, hoping to find financial stability as a rapper. As he once recalled, "I came from the gutter part of Memphis—like, the bottom." But money didn't manifest itself right away. Moneybagg worked countless jobs to make ends meet. He even became a drug dealer. Nothing panned out.
The Right Rhymes Lead to a Big Break
While working around the clock, Moneybagg Yo continued writing songs. He noticed other rappers making up to $20K per show and wanted the same.
In 2010, Moneybagg Yo took a huge leap and recorded his first single, F U Pay Me. It talked about his struggles growing up in poverty. The song didn't lead to instant success but encouraged him to continue rapping. Two years later, he released From Da Block 2 Da Booth, his debut mixtape.
Moneybagg Yo continued dropping song after song. Eventually, Yo Gotti caught wind of the up-and-coming star and signed Moneybagg to his record label. This was the first major step towards building wealth. That year, Moneybagg earned over $500K.
Since then, Moneybagg Yo has released countless albums, collaborated with some of the biggest names in hip-hop, and had singles certified by the RIAA's Gold & Platinum Program.
What is Moneybagg Yo's net worth?
Just how much is Moneybagg Yo net worth? An estimated $6 million. Suffice it to say that paying the electric bill is no longer an issue!
This entrepreneur also pulled himself up by the bootstraps.
How did Moneybagg Yo make his money?
Moneybagg Yo profited from hit singles, albums, and sold-out shows. He went from charging $750 per verse to well over six figures.
Lifestyle of Moneybagg Yo
Moneybagg Yo isn't shy about flashing his wealth. Let's examine his millionaire lifestyle:
Property in Memphis, Tennessee
Moneybagg Yo invests in real estate, particularly in his hometown. In 2021, Ari Fletcher gifted the rapper 28 acres of land in Memphis.
But instead of building himself a ginormous mansion, Moneybagg plans on giving back. He tweeted this: "First thing I'm putting on my land is a community center for my hood."
Dodge Challenger Hellcat Redeye
The rapper bought himself an $81,000 Dodge Challenger Hellcat Redeye in bright red.
Oh, and he also purchased everyone on his team a Hellcat to reward them for staying in lockdown during the 2020 pandemic.
Lamborghini Urus and more
Moneybagg Yo gifted his girlfriend, Ari Fletcher, a $200,000 Lamborghini Urus. (He also gave her a Rolls Royce truck.) Only two years after buying it, the dealer repossessed the Urus for an alleged unpaid balance. Why? The couple split up, and Moneybagg stopped repaying the note.
The rapper's car collection also features a Mercedes-Benz G-Class and a few Maybachs.
Jewelry Collection
Known for his insane jewelry collection, Moneybagg Yo loves dripping from head to toe in diamonds. Before he made it big, the rapper wore fake jewelry to portray the image of a rap artist and turn heads.
Now, he drops cash on mega-expensive pieces. During an interview with GQ, he bragged about his:
- Star-Power Ring ($12,500)
- Michael Myers Pendant ($50,000)
- Okay Pendant ($60,000)
- Diamond Watch ($80,000)
Music Career
Moneybagg Yo earns most of his money from making and selling music. TMZ reports that his booking rate is a whopping $200,000 per show!
Wholesale Drugs
Drug culture has always been part of Moneybagg's life, so his Delta 8 gummies and syrups line shouldn't shock anyone.
He also partnered with GUMBO, a cannabis-lifestyle brand, to launch a line of rolling papers.
Rapper Collaborations
Moneybagg Yo made powerful connections in the industry. He's collaborated with:
- Wiz Khalifa
- Migos' Quavo
- Young Thug
- BlocBoy
- JB
- Kodak Black
- Future
- Gunna
- Lil Baby
- Glorilla
- Zaytoven
Luxury Clothing
Only the finest threads will do for this rapper. Moneybagg once boasted about spending $23,000 on a clothing shopping spree.
FAQ
Are you the biggest Moneybagg fanatic? Test your knowledge below:
How much is Moneybagg Yo's net worth?
So many fans ask, "What's Moneybagg yo net worth?" It surprises them that their favorite rapper has an estimated net worth of $6 million and is growing. His wealth has only increased over the years. Take a look:
- Moneybagg Yo net worth 2022: $5.9 million
- Moneybagg Yo net worth 2021: $5.4 million
- Moneybagg Yo net worth 2020: $4 million
- Moneybagg Yo net worth 2019: $3 million
What is Moneybagg Yo's biggest hit mixtape?
The most popular is A Gangsta's Pain. It surpassed 110,000 sales in the first week.
How has Moneybagg Yo's music been received by the hip-hop world?
Both artists and fans appreciate Moneybagg Yo's talent and commitment. Countless musicians line up for the chance to work with him.
What is Moneybagg Yo's background?
Moneybagg Yo grew up in the Walker Holmes neighborhood in Memphis. He lived in poverty, and he witnessed crime and violence at an early age. Although he dropped out of high school, he hustled to the top using talent and grit.
What are some of Moneybagg Yo's accomplishments?
His songs perform well on the charts, with several landing on the Billboard 200. He also won the Memphis Hip-Hop Award for Mixtape of the Year.
What genres does Moneybagg Yo typically rap in?
His music falls under the trap music genre. Trap features an electronic triplet drum beat.
How does Moneybagg Yo make money?
Moneybagg Yo earns his bread from music sales, performances, and brand deals.
Does Moneybagg Yo sell merchandise?
Yes! Fans can buy their favorite merch directly from the MoneyBagg Yo Official Store.
What labels has Moneybagg Yo worked with?
Moneybagg Yo works with several labels, including CMG, Interscope, Bread Gang Music Group, N-Less Entertainment, and Roc Nation.
Takeaway
Moneybagg Yo grew up not knowing if he would eat that day. But through hard work, dedication, and a lot of networking, the rapper is now worth over $6 million.
While we can't promise to turn you into a rap superstar, we can offer you the tools to build a 7-figure business from scratch. At Capitalism.com, we want to create one million millionaires by 2028—and we invite you to take the first step with us!
Watch this free video to find the perfect business for YOU to build.
The post Moneybagg Yo’s Net Worth: From Empty Pockets to a Literal Moneybag, How Rich Is This Memphis Rapper? appeared first on Capitalism.com.
