You may wonder, what exactly is Young Thug’s Net Worth?
Young Thug is an American rapper with a net worth of $4 million. Initially from Atlanta, Georgia, Young Thug gained attention through a series of mixtapes, showcasing his unique vocal style and unconventional flow. His early mixtapes, like “1017 Thug,” received critical acclaim, positioning him as one of the standout talents in Atlanta’s vibrant rap scene. As his career progressed, Young Thug became known for his eccentric and experimental approach to trap music, often blurring the lines between rapping and singing. His collaboration with producer London on Da Track, “Lifestyle,” became a top 20 hit in 2014, solidifying his mainstream presence. Thug has been a prolific artist over the years, constantly releasing new music through mixtapes, singles, or collaborations with other artists. In 2019, Young Thug released “So Much Fun,” his debut studio album, topping the US Billboard 200 and including the hit single “Hot.”
Regrettably, Young Thug has faced serious legal issues, with an arrest in May 2022 and charges including participation in criminal street activities and conspiracy to violate the RICO act. An indictment alleged that Thug led an organization called Young Slime Life, involved in murders, assault, theft, drug dealing, and more. Notably, Young Slime Life was implicated in the attempted murder of Lil Wayne in a tour bus shooting in 2015.
Between COVID lockdowns and his arrest, Young Thug lost millions from the inability to tour. He mentioned that at his peak, he was making $500,000 per gig. Losing just ten gigs would cost him $5 million.
Early Life Background
Jeffery Lamar Williams, known as Young Thug, was born on August 16th, 1991, in Atlanta, Georgia. Hailing from a family of 11 children, Young Thug grew up in the same Atlanta neighborhood that produced musicians like Waka Flocka Flame, 2 Chainz, and Ludacris. Williams had a troubled youth and was sent to Juvenile Prison for four years after breaking his teacher’s arm in 6th grade.
Professional Journey
Youthful Thug initiated his music career prior to reaching his 20s, showcasing in TruRoyal’s “She Can Go,” leading to the release of several mixtapes between 2011 and 2012 known as the I Came From Nothing series. Notably, Atlanta-based rapper Gucci Mane recognized Young Thug, signing him to the 1017 Brick Squad record label. More mixtapes with Gucci Mane’s support created a buzz around Young Thug due to his unique musical style. Collaborations with artists like Waka Flocka Flame and Travis Scott further elevated his profile.
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In 2014, Young Thug was at the center of rumors, including reports of an $8 million offer to sign with Future’s record label. He also got connected with Birdman’s Cash Money Records, although later clarified as a management deal, not a record label deal. Despite loyalty to 1017 Brick Squad initially, Young Thug later inked a deal with 300 Entertainment. The subsequent years had Young Thug teaming up with major artists like Kanye West, Chief Keef, and Rich Homie Quan.
By 2015, fans clamored for an album instead of another mixtape. Young Thug initially intended to name his debut album Carter 6, a nod to Lil’ Wayne. However, Lil’ Wayne saw it as a copyright concern and advised fans to stop supporting Young Thug. In response, Young Thug renamed the album to Barter 6 and announced it as another mixtape.
During 2015, the record label affiliations were still unclear, with Young Thug claiming a deal with Atlantic Records. Despite teasers, the debut album faced delays, once titled “HiTunes.” Nonetheless, the album did not materialize, leading to further mixtape releases. A career highlight came in 2017 with his collaboration on Camila Cabello’s hit song “Havana,” reaching number one on the Billboard Top 100 for his first number-one hit. He repeated this accolade in 2018 with Childish Gambino’s “This Is America,” co-writing and contributing background vocals on another number-one hit.
In 2019, Young Thug dropped his debut album, So Much Fun, debuting atop the U.S. Billboard 200 and featuring Billboard Hot 100 top-twenty singles “The London” and “Hot.” The following year, his collaboration “Go Crazy” with Chris Brown peaked at number three on the Hot 100, his initial top-ten single as a lead artist. Achieving his second Hot 100 chart-topper was with Travis Scott’s “Franchise.” The 2021 compilation album Slime Language 2 hit number one on the Billboard 100, followed by a third Hot 100 chart-topper with Drake’s “Way 2 Sexy.” In October 2021, his second studio album Punk debuted atop the Billboard 200, marking his third number-one album and the second chart-topping project of the year.
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Legal Struggles
His difficulties began in February 2014, resulting in an arrest for controlled substance possession, reckless conduct, reckless driving, and driving without a seat belt. In July 2015, Young Thug faced arrest at home in Atlanta on drugs and weapons charges, including felony cocaine possession, felony marijuana possession, and three counts of felony drug possession. This arrest coincided with Young Thug and Birdman facing implications in a plot against Lil Wayne.
In 2017, news surfaced of Young Thug being sued by Heritage Select Homes for owing over $2.2 million in payments on his 11,000 square feet, six-bedroom, 11-bathroom Atlanta residence.
May 2022 saw Young Thug’s arrest at his Atlanta residence, triggering further legal battles…
Highlighted by an 88-page indictment accompanying the charges, Young Thug, along with 27 others, faced allegations related to criminal street activities and conspiracy to violate the RICO Act (Racketeer Influenced and Corrupt Organization Act). Operating as a group named “Young Slime Life,” they were accused of engaging in various criminal acts from 2012 to 2020, including murder, aggravated assault, theft, drug possession, armed robbery, and more. Young Thug was alleged to be one of the leaders of Young Slime Life. One specific incident cited in the indictment was the April 2015 shooting at Lil Wayne’s tour bus allegedly carried out by a purported YSL member named Jimmy Winfrey.
Concert Earnings
During the 2020 coronavirus pandemic, Young Thug discussed with radio host Big Boy the financial implications for artists like himself due to the cancellation of shows and festivals, resulting in losses amounting to millions of dollars. He elaborated:
“Explaining the financial impact, he highlighted that missing ten shows, each paying $500,000, equates to a loss of $5 million.”
Young Thug further revealed the additional financial strain caused by maintaining his usual expenses:
“In times like these, I might incur expenses ranging from one to two million dollars due to the quarantine measures. Managing expenses for my family members such as my parents and accommodating their desire for change from being home-bound. They often yearn for a shift to a penthouse or a temporary stay at a hotel, which incurs significant costs. As a result, the monetary loss from missed shows tends to align with the costs I incur in managing my finances.”“
Personal Life
With six children, split among three sons and three daughters from four different women, Young Thug became a father at the age of 17. His engagement to Jerrika Karlae in April 2015 ended in December 2020. In 2021, he commenced dating singer Mariah the Scientist.