Lil Pump: The Rise Of A Young Rap Star And His Million-Dollar Net Worth

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Lil Pump: The Rise Of A Young Rap Star And His Million-Dollar Net Worth

Lil Pump is an American rap star. Lil Pump's net worth is counted in millions of dollars. Taking into account his young age, such net worth seems even more incredible. So, how did he actually earn so much money and what does he own?

Rappers have always been the richest among music industry celebrities. They always show off their jewelry, cars, and stacks of banknotes. However, this image arises when we talk about seasoned singers. Is this applicable to such young stars as Lil Pump?

Table of Contents

Biography

Lil Pump, born Gazzy Garcia, is known for his unique style and hit tracks that have taken the music world by storm. Hailing from Miami, Florida, he rose to fame in the late 2010s with his catchy songs and vibrant persona. His breakthrough single, "Gucci Gang," propelled him into the spotlight, showcasing his talent and earning him a dedicated fanbase.

Personal DetailsInformation
Real NameGazzy Garcia
BornAugust 17, 2000
OriginMiami, Florida, USA
GenresHip-Hop, Rap
Years Active2017 - Present

Lil Pump's Net Worth

Lil Pump’s net worth is a matter of debate among sources. According to moneyinc.com, the rapper’s net worth is $6.5 million as of 2018. The site celebritynetworth.com believes that it is actually even more significant — $8 million.

The musician has signed a contract with Warner Brothers and was reportedly paid $8 million in advance for this. However, this huge sum was not paid to the rapper at once. It is divided into smaller payments that the singer will receive throughout the forthcoming seven years.

Considering that Lil Pump was only 18 years old at the time, any sum over $1 million should be considered a fantastic achievement. Nonetheless, the net worth of $6.5 million seems to be more convincing, as it comes from the money the rapper earns from his activities.

Lil Pump's Assets

The young rapper definitely loves luxury. He always wears expensive clothes from famous brands, with a particular loyalty to Gucci. Rarely can you spot him without several items of jewelry on him. He also possesses cars of the highest quality.

Jewelry

According to earnthenecklace.com, the rapper spent a stunning $300,000 on various jewelry. He frequently wears expensive necklaces, rings, and chains, all of which cost a fortune! The rapper is extremely fond of luxurious golden watches adorned with diamonds, owning several of them, each estimated to cost more than $100,000.

Cars

It is believed that the young rapper proudly owns three cars including an Audi R8, a Rolls Royce Wraith, and a Porsche Cayman. The vehicles’ costs are estimated at $200,000-$350,000, $250,000-$350,000, and $60,000-$120,000, respectively. These are some impressive toys for a teenager! Interestingly, the singer crashed his Porsche recently, which didn’t upset him much; he was likely planning to buy a new car anyway.

Real Estate

It remains unclear if Lil Pump owns any real estate properties. There are speculations that he might own a house in San Fernando Valley, California. However, considering his taste for luxury, the rapper’s real estate should be quite grand!

How Lil Pump Made His Money

All of Lil Pump’s money primarily comes from his music career. Early on, he began posting his tracks on SoundCloud, which quickly gained popularity.

This allowed him to earn his first fans. Later, he began touring and posting videos on YouTube, which received over 600 million views, leading his channel to gather around 300,000 subscribers. According to thesquander.com, he now earns approximately $500,000 from advertisements on YouTube.

The release of his song "Gucci Gang" in 2017 elevated him into the higher tier of American rappers and significantly increased his fanbase. This rise in popularity also enhanced his earnings from shows, where it’s estimated that he makes between $10,000 and $100,000 per concert, depending on its size.

Is Lil Pump Dead?

In 2017, shocking news about Lil Pump’s death flooded the internet. No one thought it could be speculation or a prank, especially with the recent wave of deaths among young singers. Thankfully, it was soon clarified that a grave mistake had occurred. It was actually the death of Lil Peep, another American rapper, that was reported. Lil Pump is thankfully still alive and well.

In just three years of his career as a rapper, Lil Pump's net worth has grown to about $6.5 million. All of his money comes from concerts, contracts, and advertisements on his YouTube channel. The rapper has developed a taste for luxury and the high life. Now he is often seen wearing designer attire and several costly items of jewelry and watches. His car collection may not be the biggest among American celebrities, but considering his young age and wealth, it’s only a matter of time before it grows!

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Source: Legit.ng

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