Born Matthew Tyler Musto, on the 27th November 1990 in Daytona Beach, Florida USA, as Blackbear he is a musician, singer, songwriter, and record producer, best known to the world for his hit songs “Idfc”, and “do re mi”, among other creations.
Have you ever wondered how rich Blackbear is, as of late 2017? According to authoritative sources, it has been estimated that Blackbear’s net worth is as high as $500,000, an amount earned through his successful career in the music industry, active since 2012.
Blackbear Net Worth $500,000
He spent most of his childhood in Daytona Beach, and then when he reached his teenage years, moved to Los Angeles, California. From an early age, Blackbear was interested in music, and his interest increased as he grew older. As early as 2011, Blackbear took his first professional steps, by co-writing the song “End of the Road”, for Machine Gun Kelly. The following year, he worked on the song “Boyfriend” with Mike Posner, for Justin Bieber; the song became a hit almost immediately after being released, and reached No. 2 on the Billboard Hot 100 chart. Blackbear then began working on his debut EP, which came out in April 2012, entitled “Foreplay”, and later the same year released his first mixtape – “Sex”. After attracting immediate fame, Blackbear continued his musical career by collaborating with several other musicians, including Machine Gun Kelly, and then in 2014 released his next EP “The Afterglow”. The release became a massive success on SoundCloud, and Blackbear became the first independent artist to earn money from SoundCloud streams, certainly raising his net worth.
Encouraged, Blackbear took a step forward in 2015 by recording and releasing a full-length album; his debut “Deadroses”, released independently became a massive success, and with the single “Idfc”, which achieved platinum status, his net worth only increased. His second album came out the later the same year – “Help” – while in between those two releases, Blackbear also recorded his third EP, “Dead”. He was quite active in 2016, releasing two EPs, and also forming the music duo Mansionz with his friend and frequent collaborator Mike Posner. As Mansionz, the two released one, self-titled studio album in 2017, through Island Records, which reached No. 67 on the US Billboard 200 chart. The same year, Blackbear signed a contract worth $10 million with Interscope records, which meant that the record label has rights to his album “Digital Druglord”, which came out in April 2017 through UMG Recordings, but was also distributed by Interscope.
The album peaked at No. 14 on the Billboard 200 chart, and spawned such hits as “do re mi”, a duet with fellow rapper Gucci Mane which achieved gold status in the USA. He has also released another EP in April 2017 – “Salt” – through his own record label, “Beartrap”. His net worth was given a big boost.
Aside from releasing his own material, Blackbear continued to work on the music of other artists, including Nick Jonas, G-Eazy, The Janoskians, Tokyo Police Club, and Tyler Carter among others, which only increased his net worth.
Regarding his personal life, as of 2017 Blackbear is in a relationship with actress and singer Bella Thorne.
He is also well-known for his philanthropic activities; he donated more than $11000 for the Las Vegas Victim’s Fund, following the mass shooting in October 2017, from sales of concert tickets and merchandise.
