Born Miles Parks McCollum on the 23rd August 1996 in Mableton, Georgia USA, he is a rapper who goes by the name Lil Yachty. He came to prominence with his singles “One Night”, and “Minnesota”, which can be found on his EP “Summer Songs” (2015).
Have you ever wondered how rich Lil Yachty is, as of late 2017? According to authoritative sources, it has been estimated that Yachty’s net worth is as high as $3 million, an amount earned through his successful career in the music industry, active since 2015.
Lil Yachty Net Worth $3 Million
Yachty spent his entire childhood in Mableton, and then when he was 19 he moved to New York City and adopted the nickname Lil Yachty. He started his career by posting his recordings on SoundCloud, which soon paid off as his song “One Night”, became a hit once it was used in a viral comedy video.
Little by little, Yachty’s name was becoming more and more popular and in early 2016, he released the mixtape “Lil Boat”, which debuted at 106th place on the US Billboard 200 chart. Before the mixtape, Yachty released the EP “Summer Songs”, which launched him to prominence, followed by another EP “Hey Honey Let’s Spend Wintertime On a Boat” in late 2015.
Soon after the release of his debut mixtape, Lil Yachty singed a deal with Quality Control Music, Capitol Records, and Motown Records, which reissued all his recordings, and he immediately started working on his second mixtape, “Summer Songs 2”, which came out in July 2016. During 2016 he was quite busy as he collaborated with several other musicians, including Kyle, and Tee Grizzley, while he spent the first half of 2017 working on his debut studio album “Teenage Emotions”, which came out on the 26th May 2017. The album peaked at the No. 3 on the US Rap chart, while it reached No. 5 on the US Billboard 200 chart. The album became one of the most exquisite releases of 2017 in the rap scene as it has 21 songs and it spawned such hits as “Forever Young”, which is a duet with Diplo, then “Peek A Boo”, a duet with Migos, and “Bring It Back”, which only increased the sales of the album, and added a considerable amount to his net worth.
Aside from music, Lil Yachty also appeared in several commercials, including the one for Sprite in which he featured alongside LeBron James, and is also the face of the new Nautica and Urban Outfitter Collection.
Regarding his personal life, Lil Yachty tends to hide most of his intimate details, therefore, no reliable information is available about this young rapper in the media.
Back in 2015, he was a part of the credit card fraud, and after a lawsuit was filed, the charges were later expunged, meaning that his case file has been sealed and not available through the state or Federal repositories.
