Lil Yachty Net Worth: How the Rapper Became a Successful Entrepreneur

Lil Yachty, whose real name is Miles Parks McCollum, is an American rapper, singer, and songwriter who rose to fame in 2015 with the release of his debut mixtape “Lil Boat”. Since then, he has released several hit albums, collaborated with famous artists, and even started his own businesses. But just how much is Lil Yachty’s net worth?

According to Celebrity Net Worth, Lil Yachty’s net worth is estimated to be $8 million as of 2021. He has accumulated his wealth through his successful music career, brand endorsements, and entrepreneurial ventures.

Lil Yachty began his career as a social media personality on Vine, where he gained a following for his humorous videos. He later transitioned to music and gained mainstream success with the release of his debut single “One Night” in 2016. Since then, he has released several hit albums, including “Teenage Emotions”, “Lil Boat 2”, and “Nuthin’ 2 Prove”.

In addition to his music career, Lil Yachty has also ventured into the business world. He has collaborated with brands such as Nautica, Adidas, and Target on various projects. He also launched his own nail polish line through his brand Crete, which became an instant success.

Furthermore, Lil Yachty has invested in several start-ups, including the cryptocurrency trading platform Voyager Digital Ltd. and the cannabis company Caviar Gold. He has also launched his own record label, Quality Control Music, in partnership with Coach K and Pee.

Despite his success, Lil Yachty has faced criticism for his music style and perceived lack of lyrical depth. However, he has defended his music, stating that he aims to spread positive vibes and inspire young fans.

In conclusion, Lil Yachty’s net worth is a testament to his hard work, talent, and entrepreneurial spirit. He has proven that he is not just a talented musician, but also a successful businessman who is constantly expanding his brand and investments.