Rapper Tyga’s net worth is hanging between $2 million to $8 million. He made the list of Top 10 highest-paid rappers in 2015.
Born on 19th November, 1989 as Michael Ray Nguyen-Stevenson, Tyga, whose stage name is an acronym for Thank You God Always, pointed out in one of his interviews that he’s of Vietnamese and Jamaican origin. His first shot into the limelight was in 2007, when he released his first mixtape, Young on Probation, which garnered him enough attention to get him a recording deal with Young Money.
Tyga Net Worth: How it all started
Before the mixtape, Tyga released his debut single Coconut Juice with his cousin Travie McCoy. This opened the door for the success that came after. He second studio album, Careless World, which included some of his biggest hits such as Faded and Rack City, featured some of the top faces in the music game including Lil Wayne and Drake. On April 9th, 2013, he released another studio album, Hotel California which featured guest appearances from Chris Brown, 2 Chainz, Rick Ross, Future, Jadakiss and Game. It sold 54, 000 copies and debuted at number 7 on Billboard 200 in the US.
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Tyga Net Worth: Continued Success
He also partnered with Chris Brown to release the Fan of a Fan collaborative album, produced by DJ Rockstar and DJ III Will. 4 songs from the album—G-Shit, Holla at Me, Deuces, and NO Bullshit–are accompanied by music videos, with deuces climbing up to the 14th place on the Billboard Hot 100 and the first place on the Billboard Hot R&B/hip-hop songs by August 26th, 2010. The track was also nominated for Grammy as the Best Rap/Sung Collaboration.
On June 23rd, 2015, Tyga released his fourth album, produced by Kanye West which featured may star artists including Justin Bieber, and Young Thug. The album has received critical acclaim, with some of the songs in the album soaring to top places on different charts. His Kingin’ with Tyga reality show premiered on 24th July, 2015 on MTV2, and apparently it’s thought to be the biggest contributor to his swelling net worth.
Besides music, Tyga is currently involved in a bunch of other ventures including a clothing line called Last Kings, a watch line and adult film website rackcityxxx.com which reportedly nets him $12,000 every month. His endorsement deal with Reebok left him $1.5 million richer.
Tyga Net Worth: How He Spends His Money
The rapper bought his girlfriend Kylie Jenner a sports car that is estimated to cost about $300, 000. It goes without mentioning his icey collection of jewelry which consists, but not limited to, one King Tut diamond necklace, two chain bracelets, one gold cell phone case, three gold animal cuffs, and seven small pendants.
Among the collection in his garage are Mercedes SLS Coupe, Rolls Royce Phantom Coupe, Mercedes G wagon, Mercedes SLS AMG, Mercedes SLR McLaren, Lamborghini Aventador and Vintago Fogiatio.
Tyga Net Worth: Recent Developments
Despite the flashy life, Tyga has been facing huge money problems beginning from 2015. The problems span from unpaid rent lawsuits to leased car reports and the common issue of unpaid taxes. An LA jeweler by the name Jason sued the rapper for not paying for luxury accessories he borrowed from him, the total amount due plus damages and interest was over $180,000. A court ruling revealed that Tyga owed $80,000 in rent for his Calabasas mansion. The state of California revealed he owed almost $20,000 in unpaid taxes. Car companies including Choice Motor Credit filed a lawsuit against the rapper for owing them $448,503.44 for two luxury cars he purchased. Rumor has it that Tyga has been living off his model girlfriend Kylie Jenner. The rapper will be needing a record-breaking, chart-topping album to clear his debts.