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Lil Yachty Net Worth

Lil Yachty Net Worth
Net Worth$8,000,000.
Real NameMiles Parks McCollum
Date of Birth/AgeAugust 21st 1997
22 y.o.
Source of wealthRapper
Country of originUSA
State/City of originMableton, Georgia
Last updated2019

Net Worth

Lil Yachty net worth is $8,000,000.

In 2017, his net worth was approximately $3 million. By 2018, the net worth of Lil Yachty was $8 million. He is expected to keep climbing the ladder so that as the year’s pass, his net worth continues to grow.

Lil Yachty did not start out like many American hip hop artists. He spent the bulk of his career in the streets working to foster his talents and get recognition for his flowability.

Many young hip hop artists today find fame relatively quickly, and before they know it, they are millionaires. Lil Yachty spent most of his time having to work other jobs just to keep a roof over his head before he got his big break.

Once he did get noticed, it was not long before he hit the $1 million mark. He only claimed his place in the spotlight in 2016 and within just over a year, he no longer had to worry about his finances.

How Does Lil Yachty Make His Money?

Lil Yachty net Worth Annually

After releasing a couple of mixtapes in 2016, people started to notice his talent. Before he knew it, he was featured on the D.R.A.M. single “Broccoli” and his star power only strengthened from there. This song ended up on the US Rap Chart at #10 and on the Billboard Hot 100 chart at #39.


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He then found himself earning money from a variety of other collaborations with big names hip hop, such as Young Thug, Post Malone and Chance the Rapper. He also did a collaboration with Kylie Jenner from the Kardashian family fame.

In 2017, Lil Yachty got a chance to earn even more money doing Sprite commercials with NBA basketball superstar, LeBron James. Since the commercials played during the Super Bowl, Yachty quickly gained notoriety for his commercial talents.

The hip hop artist continued to earn from other endorsement deals. He worked with Nautica, Target, and UrbanOutfitters as a result of the popularity of this Sprite commercial.


Lil Yachty is a musician in the American hip hop genre. The artist has been in the game for more than two decades, but his rise to the top only came recently. He is proof that with diligence and a dream, anything is possible in America.

In 2016, he released a couple of mixtapes and these caught on with hip hop fans. He also worked on some feature singles and collaborations with other big names in the hip hop world during 2016.

It was only up from there. His career blossomed and before he knew it, he was topping the charts and hanging out with some of the most famous people in the world.

Early Life

Lil Yachty has had an interesting life. One of the biggest questions people have is, what is Lil Yachty real name? His real name is Miles Parks McCollum. Other nicknames include Lil Boat, King Boat, and Nautica Boat Boy.

The hip hop artist was born in Mableton, Georgia which is in the Atlanta area. His birthday is on August 23, 1997. His astrological sign is Virgo. Once he has a birthday in 2019, he will be 22 years old.

In 2015, he spent a short time at Alabama State University before deciding to go back to pursuing his hip hop dreams.

Personal Life

Lil Yachty has a sister whose name is Nina. He says that his relationship with his family is strong and they are all close. His mom (who he calls Momma Boat) is one of his best friends and his dad is a professional photographer.

To thank his parents for all of their support and love, he bought them a home in 2017.

In 2017, he also found love and started dating Instagram model Megan  Denise.


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The two appear to be committed, but at the time, they said marriage was not being discussed. Prior to Megan, he spent time dating another Instagram model from India.

Lil Yachty’s Career

He tried for years to get his career off the ground in Atlanta, but once it was not happening, he packed his bags and headed to New York City to share his talents there. Within a year of the move, he started getting the exposure and response that he was looking for.


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Once he got to New York City, he started working on building his Instagram following. He also spent time networking with different online street fashion personalities. His efforts resulted in him teaming up with producer and beat maker Burberry Perry.

He also started a collaboration with K$upreme. Not long after, the three formed The Sailing Team and started working together to produce and create music.

Lil Yachty finally got his moment in the spotlight when ‘Minnesota’ (one of the first singles he recorded) was aired by Drake’s OVO Sound Radio.

He officially got his break when he put out ‘1Night’ and the track went viral after he posted it online. The media started to put a focus on him, and his name was everywhere.


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His fashion networking also paid off because he got a chance to model for Kanye West’s fashion line. He got to walk at Madison Square Garden to model for Yeezy Season 3.

In 2016, he released his Lil Boat mixtape and his fame skyrocketed. Ever since he has become a household name in the American hip hop world. He went on to collaborate with some of the biggest names in the industry.

2017 brought with it multiple singles and albums. The same is true for 2018. In 2018, he released Lil Boat 2, his second studio album. This record got on the Billboard charts and reached #2. This put him above many hip hop artists who have been rapping for far longer.

He is now considered to be one of the most successful rappers. Since Lil Yachty is only in his early 20s, it is easy to predict that he will be around for a long time.

At present, Lil Yachty net worth reached $8,000,000.

Interesting Facts

  • He does not like open water or boats despite his hip hop name.
  • When he was 15, he dyed his hair red and kept the look ever since.
  • He once worked for McDonald’s, but his frequent tardiness got him fired.
  • He is a huge fan of Coldplay.
  • Due to his hair, he was bullied at school.
  • He has never been drunk and he does not drink alcohol.
  • He said he smoked a few times in high school, but stopped quickly since he did not like how it made him feel.
  • He loves pizza and says that he eats it almost daily.
  • He loves fashion and has some modeling and creative director experience.
  • He focuses on keeping his music positive, especially for teens.


  • Song “One Night” (2016)
  • Song “Broccoli” Feat. DRAM (2016)
  • Album “Lil Boat” (2016)
  • Nominated “Billboard Music Awards” – “Top Rap Collaboration”, “Top Rap Song” and “Top Streaming Song (Audio)”(2017)
  • Nominated “MTV Video Music Awards” – “Best Hip Hop Video”, “Best Collaboration” and “Best Visual Effects”(2017)
  • Nominated “Grammy Awards” – “Best Rap/Sung Collaboration”(2017)
  • Nominated “iHeartRadio Much Music Video Awards” – “Best New International Artist”(2017)
  • Nominated “MTV Europe Music Awards” – “Best Video”(2017)
  • Song “Forever Young” (2017)
  • Album “Teenage Emotions” (2017)
  • Song “2 Vaults” (2018)
  • Album “Lil Boat 2” (2018)