It has been only a few years since Lil Uzi Vert gained widespread recognition, but his net worth is already a huge deal right now. The rapper is regarded as one of the highly bankable hip hop stars who is bound to rake in a whole lot of money in his career. Since he broke into the limelight in 2015 following the release of his celebrated mixtape Luv Is Rage, Lil Uzi Vert has not stopped stunning his fans with his immense talent. He has also gone on to attract a lot of mainstream attention with his music selling out millions of records. His debut single Money Longer has been certified double platinum, making him a strong force in the music business and attracting even more attention with his talent.
These astounding successes have made fans very curious about what Lil Uzi Vert’s net worth is as they try to understand how his achievement as a music star has translated to financial success so far. Some of the questions being asked about him include how the rapper makes his money, and how much he has raked in since he started singing and performing around the world. Fans also wonder whether or not he has other businesses asides making music in studios. Are you one of the curious cats pondering these earth-shattering puzzles? Then, we have got all the answers that you need
How Lil Uzi Vert Achieved a Net Worth of $17 Million in 2020.
Lil Uzi Vert’s net worth is currently pegged at about $17 million, and this does not come as a surprise given that he is a true contender for a place among hip-hop greats. The rapper, whose real name is Symere Woods, was born in Philadelphia on July 31, 1994. Having developed a strong interest in music from an early age, he started rapping in 2010 at about 16 years of age. However, he only gained recognition in 2015 after the release of his mixtape Luv Is Rage, which gave him some exposure around America.
Uzi Vert dropped his debut album, Luv Is Rage 2, in 2017. This climbed right to the top of the Billboard 200, and the young man has not looked back since then. Lil Uzi Vert is making quite a lot of money considering his status as one of the beloved hip hop stars at the moment. The question, however, remains how exactly does he rake in all his money? The rapper’s net worth of $17 million has been built by different income streams, which we will now discuss.
His Sources of Income
Lil Uzi Vert rakes in a lot of money from his record sales. Since he started rapping, he has dropped several bodies of work, including at least two full-length albums titled Luv is Rage (2017) and Eternal Atake (2020). The rapper has also dropped a collection of mixtapes, including The Real Uzi (2014), Luv is Rage (2015), Lil Uzi Vert vs. the World (2016), the perfect LUV tape (2016), and Lil Uzi Vert vs. the World 2 (2020). Uzi Vert’s albums and mixtapes have sold millions of copies in the US and around the globe. Additionally, his many singles have sold several million copies as well. His debut single alone, Money Longer, has sold more than four million units and is showing no signs of slowing down.
Apart from his record sales, Lil Uzi Vert also makes a lot of money from the live performances and concerts which he holds around the world. The rapper is known to be hyperactive on stage and is loved for how much energy he puts into his performances. According to reports, Uzi Vert makes about $60,000 per show. The interesting thing with the rapper is that he organizes numerous shows each year, and these combine to fetch him a lot of money. For instance, between September 2017 and September 2018 alone, Uzi Vert had 76 live shows around the world. Going by the earlier assertion that he makes not less than $60,000 per show, it means that the rapper earned about $4.56 million within that period.
Lil Uzi Vert owes his mainstream fame to collaborations, and it is only fitting that he should also make good money from that avenue. After becoming popular on Soundcloud in the early 2010s, Uzi Vert largely flew under the radar until he was featured on The Migos’ 2016 hit single, Bad and Boujee. The song topped the Billboard hot 100 charts and made the Philadelphia native a household name in America. It also fetched him some big bucks as is customary with such joint efforts. Since then, Lil Uzi Vert has embarked on other collaborations with many top rap artists around the USA, including Post Malone, Mac Miller, A$AP Ferg, and others. Even though his exact rewards from these collaborations are never disclosed, there is no doubt that he would have been handsomely rewarded for his troubles.
Time Magazine once described Lil Uzi Vert as the superstar of the streaming era, and the reason is not far-fetched. The Philadelphia native has expertly mined the power of the internet not only in launching his career but also remaining a force to be reckoned with. Uzi Vert first dropped his debut project, an EP titled Purple Thoughtz Vol. 1, on the popular music streaming site, Soundcloud, in January 2014. His eclectic brand of hip-hop proved to be a big hit with the millennials and generation Z; within two years, he rose to become the most followed artist on the platform. His exploits also fetched him a deal with a conventional record model.
Since then, Lil Uzi Vert has continued to rely on the internet to consolidate his status as the new king of hip-hop. The rapper has recorded billions of streams (as much as 3.5 billion) across various online platforms. For instance, on the 6th of March 2020, Vert dropped his eagerly-awaited sophomore album titled Eternal Atake. The album recorded 400 million streams in its first week alone. It continued this strong showing in the second-week recording about 350,000 streams. These streams not only meant big bucks for Vert but also played a pivotal part in propelling the album to the top of the Billboard 200 albums charts.