|Net Worth:||$25 million|
|Income Sources:||Music sale, endorsements, tours, other businesses|
|Age/Date of Birth:||28 years old (April 16, 1993)|
|Height:||5 feet 10 inches (178 cm)|
The Rapper is notable for his meteoric rise to fame in the music industry in less than a decade since he released his first mixtape, ‘10Day’ which he compiled during a 10-day suspension by his school for the possession of marijuana. Over the years, he has also explored other real-life areas in his music which many of his listeners can relate with. The rapper’s ‘Acid Rap’ captures the violence people experience in his hometown of Chicago. He is also credited for the highly successful mixtape ‘Coloring Book’ and the recent matrimonial themed album ‘The Big Day’. Big Day did not come as a surprise as the rapper is known for the strong bond he shares with his childhood sweetheart, Kirsten Corley.
The rapper has not ceased to use any available platform to express his undying love for his beau. From social media where he occasionally expresses his love for her right down to mentioning her name at the Grammy’s, one can attest to the fact that Kristen is definitely his dream girl.
Breaking Down the Sources of the Rapper’s $25 Million Net Worth
For someone active in the music industry since 2011, it is only natural that the financial benefits of his musical exploits have contributed a significant amount to the wealth he enjoys. But over the years, Chance has spread his wings to other areas of showbiz, and his efforts have only enhanced his earning power.
Proceeds Generated from Record Sales Is the Prime Source of His Wealth
Chance the Rapper has definitely done well for himself even though he is not signed to any record label. The Chicago-based rapper is currently one of the biggest music sensations in recent years. His income has significantly grown into millions of dollars since the release of his debut mixtape in 2012.
The meteoric rise to fame and massive wealth that the artist has garnered in just a few years in the music industry is quite impressive, and many have pondered how he makes his money since he is not signed to any record label. Well, Chance is of the perspective that he would limit his music if he were selling his songs the typical way.
He uploads his songs on streaming platforms like Spotify, Soundcloud, and Apple Music. He reportedly makes about $0.006 and $0.0084 on Spotify whenever any of his songs are streamed and sometime in 2016; he made up to $500,000 from a deal he had with Apple Music for the critically acclaimed mixtape, ‘Coloring Book’.
He Has Made Millions of Dollars from Concert Tours
Chance also earns a lot of money from touring, and it was gathered that he made up to $500,000 from the sales of tickets during his 2017 ‘Be Encouraged Tour’. Before that, he headlined the ‘Magnificent Coloring World Tour’ of 2016, and in 2019, ‘The Big Tour’.
He has also collaborated with several top artists, including Kanye West, Lil Wayne, T-Pain, Young Thug, Future, and Madonna among others. These collaborations have boosted his image in the industry and have endeared him to tons of fans.
What that means is that in addition to what he has made from his tours, he commands a huge pay to make public appearances and perform in shows.
Earnings from Endorsement Deals and Exploits in Fashion
Apart from his music, the artist makes money as a brand ambassador for numerous brands. A list of such firms includes KitKat, Nike, and H&M. It is also known that he is a representative of the sports team, Chicago White Sox. He reportedly designed hats for the team.
Chance the Rapper was also a part of those that promoted the #ThankUObama clothing line created by designer Joe Fresh. That was not the first time the rapper had shown his support for both Barack and Michelle Obama as he is an avid supporter of the former US president and first lady.
What he makes from his endorsement deals is unknown to the public, but we can tell it has added a significant amount to the total value of his wealth.
Chance The Rapper Has Also Made Good Money from Acting
The Chicago-born rapper has been exploring the acting industry, and it has made him wealthier. To the best of our knowledge, his first acting role was as Marcus in a 2013 short film titled ‘Clapping for the Wrong Reasons’. In the years that followed, he has been seen in other short films like ‘Mr. Happy’ (2015) and ‘Steven Univers: The Movie’ (2019). As an actor, he doesn’t have much big-screen credit as he has only been seen in ‘Slice’ (2018), ‘The Lion King’ (2019), and ‘Between Two Ferns: The Movie’ (2019).
Chance has appeared on several TV shows over the years, from ‘Saturday Night Live’ to ‘Wild ‘N Out’, ‘The Eric Andre Show’, ‘The Arsenio Hall Show’, ‘The Late Show with Stephen Colbert’, ‘The Ellen DeGeneres Show’, and much more. All of these have added to his $25 million net worth in no small manner.
He Owns a $3.7 Million Mansion in Streeterville, Chicago.
In April 2018, it emerged the rapper would acquire the condo in the Streeterville neighbourhood to mark his $25th birthday. It was later confirmed that he parted with $3.7 million to own the three-bedroom, 4,500-square-foot property.
The rapper still owns the V-shaped 3-bedroom, 3.5 bath home built in 2007. But that’s not where he lives with his family. From what we gathered, Chance and his wife and kids live in a five-bedroom mansion located in north suburban Bannockburn. It is said that they rent the building for $19,000 a month.
The Rapper Is Admired for His Activism and Charity
Chance the Rapper is often described as an activist and philanthropist, and it is not difficult to see why this is so. He once donated $1 million to Chicago Public Schools in protest against the lack of government funding for the schools. This triggered an agitation for him to run for mayor of Chicago.
Over the years, he has also donated millions to causes that are dear to his heart. For instance, he donated $1 million to mental health services in Chicago and another $2.2 million to Chicago Public Schools. These were part of the reasons he was honoured with the UNICEF Chicago Humanitarian Award in 2020.
It’s not a secret that Chance worked for Obama’s presidential campaign in 2008 and volunteered for his reelection campaign. An outspoken critic of former President Donald Trump, Chance is known for sharing his opinions on social issues on his social media pages.
Major Awards of His Career
Financially and otherwise, Chance the Rapper’s career has been an incredible success story. In a career that kicked off only in 2011, it is remarkable that he has received no fewer than 84 nominations for prestigious awards out of which he has won at least 20. Below he a list of the gongs he has bagged thus far.
- Soul Train Music Award for Best New Artist (2016)
- Billboard Live Music Award for Concert and Marketing Promotions (2016)
- 2 BET Hip Hop Awards or Best Mixtape and Best New Hip Hop Artist (2016)
- 2 BET Awards for Best Collaboration and Best New Artist (2017)
- BET Humanitarian Award (2017)
- Teen Choice Award for Choice Song: R&B/Hip-Hop (2017)
- Teen Choice Award for Choice Breakout Artist (2017)
- NAACP Image Award for Outstanding New Artist (2017)
- iHeartRadio Music Award for Best New Hip-Hop Artist (2017)
- Grammy Award for Best Rap Album (2017)
- Grammy Award for Best New Artist (2017)
- Grammy Award for Best Rap Performance (2017)
- 2 BMI R&B/Hip-Hop Awards for Winning Songs (2017)
- iHeartRadio Music Award for iHeartRadio Innovator Award (2018)
- BMI R&B/Hip-Hop Award for Winning Song (2018)
- Nickelodeon Kids’ Choice Award for Favorite Collaboration (2019)
- HipHopDX Award for Best TV Show of the Year (2019)
Chance’s Wife Has Worked In The Fashion Industry
The widely acclaimed rapper revered for his musical tenacity is also a very romantic husband and father. His wife, Kirsten is a model, and though she is yet to have an extensive modelling career, it is worth mentioning that she worked with the designer, Alexander Wang in 2014 showcasing his Autumn/Winter designs. Asides from this, there is no other publicly known work she has been a part of as the young lady does not update the public about her personal affairs.
On the relationship front though, Kristen Corley could not escape the public’s prying eyes as her beau is an icon in the music industry, and they have been together for a pretty long time.
The Couple Go Way-Back
The rapper revealed that he was around age 9 when he saw Kirsten for the first time, and she was performing one of Destiny’s Child songs alongside 2 other young girls. Chance said he was totally smitten by Kirsten from that moment as she was the most beautiful girl he had ever laid eyes on.
They officially started dating in 2013 and two years down the line; the duo welcomed their daughter Kensli in September 2015. However, no picture of their child was shared with the public until 31st December 2016 when Chance shared a picture of Kensli on Instagram.
Their Relationship Has Survived Some Trials
It was rumoured that the couple was going through a crisis as earlier in May 2016, Kirsten moved out of their house, and for reasons best known to the pair, they commenced a legal battle for child support. Their on-and-off relationship lingered till the next year. Still, they managed to mend their relationship, and on Kristen’s birthday in May 2018, the rapper wished a happy birthday in a very romantic way on Instagram.
On July 4th, 2018, Chance asked Kristen to marry him during a family hangout in Chicago, and she said yes! A very grand wedding ceremony followed the next year on March 9th, 2019 and it had in attendance a lot of popular names in Hollywood. The newlyweds welcomed their second daughter that year in September, and she was named, Marli Grace Bennett.
|Estimated Net Worth:||$25 million|
|Source of Wealth:||Music sale, endorsements, tours, other businesses|
|Also Known As:||Chance the Rapper, Chano|
|Profession:||Rapper, singer, songwriter, activist, actor|
|Famous For:||mixtape, "Acid Rap"|
|Colleges/Universities Attended:||Harold Washington College, City College of Chicago|
|Birthday & Zodiac
|Age/Date of Birth:||28 years old (April 16, 1993)|
|Birth Place:||Chicago, Illinois, U.S.|
|Country of Residence: ||United States of America|
|Height:||5 feet 10 inches (178 cm)|
|Eye Colour:||Dark Brown|
|Other Body Measurements:||Chest Size: 40 inches
Arms: 34 cm
Waist: 31 inches
|Spouse/Partner:||Kirsten Corley (m. 2019)|
|Family and Relatives
Marli Grace Bennett (2019)
|Siblings:||Taylor Bennett (Brother)|