Lil Yachty Net Worth: How Rich Is The Rapper

Miles Parks McCollum, aka Lil Yachty, is an American rapper, singer, and songwriter. Read on and find out about his life career and net worth of $15 million.

Lil Yachty Net Worth Illustration
Lil Yachty Net Worth
NameMiles Parks McCollum
NicknameLil Yachty, Lil Boat, Faze Boat
Birthday23 August 1997
Weight159 lbs
PartnerJustine Sky
ParentsShannon McCollum,  Venita McCollum
SiblingsNina McCollum
ProfessionRapper, Songwriter, Actor
Net Worth $15 million

What is Lil Yachty’s Net Worth?

Lil Yachty’s net worth is $15 million. He made his fortune as a rapper, singer, and songwriter. Lil Yachty has released four albums, all of which have charted within the top 20 of the Billboard 200

Lil Yachty has been nominated for a Grammy Award. Lil Yachty has a specific eccentric hairstyle that makes him unique. Lil Yachty keeps most of his private affairs for himself.

Lil Yachty’s Early Life

Miles Parks McCollum, aka Lil Yachty, was born on 23 August 1997 in Mableton, Atlanta, Georgia, USA. He grew up with his parents, Shannon and Venita McCollum, and he has a sister named Nina.

His father, Shannon McCollum, was a professional photographer and a bit of a celebrity. Lil Yachty had a rough time at school, where he was teased and harassed.

Miles or Lil Yachty graduated from Pebblebrook High School. During his high school years, he worked in McDonald’s to have more spending money. While working in McDonald’s, he met with people who inspired him to start singing, rapping, and writing songs.

Next, Lil Yachty went to Alabama State University; he didn’t finish University – he dropped out to pursue his music career

Lil Yachty’s Personal Life

Lil Yachty’s personal life is not on public display as much as the audience would like, but we know some facts about him. 

He has been connected with controversies from college, where he had an argument with Soulja Boy about a leaked video that led to punching in the face’ this led to him getting more popularity on social media.

After Lil Yachty dropped out of University, he moved to New York with friends. After struggling at the start, his career went upward, and now Lil Yachty enjoys his life dream. 

On 1 September 2015, Lil Yachty and one other man were arrested for credit card fraud at a mall in Palm Beach Gardens, Florida. Lil was released on bail of $11,000 and said that his records were clean.

Lil Yachty publicly expressed support for Bernie Sanders in the 2016 presidential election

About the romances and girls, there are a lot of rumors about his short relationships with different gorgeous women. He has relationships with India Westbrook in 2017 and Rubi Rose in 2016/17

There was one long relationship between Lil Yachty and the Instagram model Selangie. In 2021, the couple got a child together, it was a baby girl, but they didn’t reveal her name. They are not engaged or married. 

Lil Yachty is not the best partner as he left his longtime girlfriend and his daughter just days after the birth and jumped into a romance with Instagram influencer 222Juliet. He has been accused of neglecting his responsibilities, but he hasn’t announced anything publicly.

In January 2022, Lil Yachty and Justine Sky, an R&B singer, were spotted hanging out, and on 24 January, the couple published a story online that revealed their relationship. 

Lil Yachty is a massive fan of automobiles; his car collection includes Bentley, BMW 18, Mercedes G Wagon, and Ferrari F12 Berlinetta. 

He is also fond of flashing jewelry; Lil Yachty’s collection of watches and chains is estimated to be over $1.5 million.

Lil Yachty is fond of houses; he owns an enormous mansion in Atlanta where he has every luxury there is. He lives there and owns another gorgeous house at Lake Spivey, Georgia; he bought a house for his mom.

Lil Yachty’s Weight, Height, and Measurement

Lil Yachty is 5’10” tall and weighs 159 lbs.

Career: How Much Does Lil Yachty Make?

Lil Yachty’s career started when he moved to New York. His start in music was in 2015 with his song One Night, and his success followed later. This song was used in a viral comedy video that got great prominence.  

Next, in February 2016, he debuted as a model in Kanye West’s Yeezy Season 3 fashion line at Madison Square Garden

Lil Yachty’s first mixtape Lil Boat was released in March 2016, and later in 2016, in July, he released his second mixtape, Summer Songs 2, collaborating with various artists. 

In 2016 Lil Yachty collaborated with D.R.A.M. on the hit song Broccoli which peaked at number 5 on the Billboard Hot 100. This song got a lot of nominations for Billboard music awards, MTV Video Music Awards, and got a Grammy nomination as well. His career went upward at high speed. 

Lil Yachty released four albums, Teenage Emotions in 2017, Lil Boat in 2018, Nuthin’ 2 Prove in 2018, and Lil Boat 3 in 2020. He has 8 Music Videos, 10 EPs, 31 Singles, and 3 Mixtapes; for more data, check out his discography. Also, you can hear his music on YouTube Music, Deezer, Spotify, and his website.

Lil Yachty has appeared in various movies; he even made the music for several. He builds a career as an actor, appearing in How High 2, his voice in Sonic The Hedgehog, The Fate of the Furious, etc.   

By becoming famous, Lil Yachty got to collaborate with major companies and earn big endorsement deals. In 2016, he starred alongside LeBron James in a Sprite commercial and endorsed Target, Nautica, and others. He reported earning about $13 million from his endorsement deals in 2016/17.

Lil Yachty’s income increases from social media; he has a YouTube channel with 2.72 million subscribers, Instagram has 10.3 million followers, Twitter with 5.4 million followers, and Facebook with 2.6 million followers.

Lil Yachty has a great sense of business, and he also has his personal online shop where he sells his music and personalized clothing line.

Final Word: Is Lil Yachty a Millionaire?

Lil Yachty is a millionaire with a net worth of $15 million. He made his fortune in less than seven years; as a rapper, singer-songwriter, and celebrity. He gets high income from endorsement deals, acting, and his personalized clothing line sales. His personal life is a bit complicated; he often changes girlfriends and has one daughter but does not live with the mom.

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