Insight into Young Thug’s Net Worth
American rapper Young Thug’s net worth amounts to $4 million. Hailing from Atlanta, Georgia, Young Thug rose to fame through a series of mixtapes that showcased his distinct vocal style and unconventional flow. His early mixtapes, such as “1017 Thug,” garnered critical praise and established him as a standout talent in Atlanta’s thriving rap scene. As his career advanced, Young Thug gained recognition for his eccentric and innovative take on trap music, often blurring the boundaries between rapping and singing. His collaboration with producer London on Da Track, titled “Lifestyle,” achieved significant success in 2014, solidifying his presence in the mainstream music landscape. Throughout the years, Young Thug has continuously churned out new music, whether in the form of mixtapes, singles, or collaborative projects with other artists. In 2019, Young Thug dropped “So Much Fun,” his inaugural studio album, which topped the US Billboard 200 chart and featured the chart-topping single “Hot.”
Regrettably, as elaborated later in this piece, Young Thug has encountered serious legal troubles during his professional journey. He was apprehended in May 2022 and faced charges related to his alleged involvement in criminal activities and conspiracy to breach the RICO Act. An indictment stated that Thug headed an organization named Young Slime Life, accused of engaging in various unlawful actions including murders, assaults, theft, drug trafficking, and more. One particularly infamous accusation implicated Young Slime Life in the attempted assassination of Lil Wayne during a tour bus shooting in 2015.
Due to the COVID-related restrictions and his arrest, Young Thug incurred substantial monetary losses from the inability to tour. He disclosed that at the peak of his career, he was earning $500,000 per performance. Hence, merely missing ten gigs would have translated to a $5 million shortfall.
Background
Born on August 16th, 1991, in Atlanta, Georgia, Young Thug’s real name is Jeffery Lamar Williams. He hails from a large family of 11 siblings. A resident of Zone 3, Young Thug originates from the same underprivileged neighborhood in Atlanta that produced musicians like Waka Flocka Flame, 2 Chainz, and Ludacris. Williams had a turbulent youth and reportedly spent four years in Juvenile Prison after fracturing his teacher’s arm in 6th grade.
Professional Journey
Youth Thug embarked on his music career before turning 20, making an appearance on TruRoyal’s “She Can Go.” This venture inspired Young Thug to release several mixtapes between 2011 and 2012, known as the I Came From Nothing series. Renowned Atlanta-based rapper Gucci Mane took note of Young Thug and signed him to the 1017 Brick Squad label. Following the release of more mixtapes with Gucci Mane’s backing, Young Thug generated significant buzz owing to his innovative musical approach. Many anticipated him to become one of the leading new rap talents. During this period, Young Thug bolstered his reputation by collaborating with artists such as Waka Flocka Flame and Travis Scott.
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By 2014, various rumors circulated about Young Thug, including claims of an $8 million offer to sign with Future’s label. He also formed ties with Birdman’s Cash Money Records, although it later transpired as a managerial association rather than a record deal. While Young Thug remained loyal to 1017 Brick Squad for most of the year, he later inked a deal with 300 Entertainment. Subsequent years witnessed Young Thug collaborating with notable artists like Kanye West, Chief Keef, and Rich Homie Quan.
In 2015, fans clamored for an authentic album from Young Thug instead of another mixtape. Initially intending to name his debut album Carter 6 as a tribute to Lil’ Wayne, the plan was altered following legal concerns raised by Lil’ Wayne, prompting Young Thug to rename the project to Barter 6. He then designated the imminent release as yet another mixtape.
Later in 2015, ambiguity persisted concerning Young Thug’s affiliation, as he asserted a contract with Atlantic Records. Over the ensuing years, the anticipation for a debut album continued, with titles such as “HiTunes” briefly surfacing. However, the album failed to materialize, and Young Thug continued to unveil additional mixtapes. One of the pinnacles of his career was in 2017 when he collaborated on Camila Cabello’s smash hit “Havana.” The track soared to number one on the Billboard Top 100, marking Young Thug’s initial chart-topping hit. He replicated this triumph in 2018 by co-writing and contributing background vocals on Childish Gambino’s “This Is America,” which also clinched the number-one position.
In 2019, Young Thug launched his debut album, So Much Fun, debuting atop the U.S. Billboard 200 chart and encompassing the Billboard Hot 100 top-twenty tracks “The London” and “Hot.” The subsequent year saw his collaboration “Go Crazy” with Chris Brown reaching number three on the Hot 100, marking his premier top-ten single as a lead artist. Young Thug later secured another number-one spot on the Billboard Hot 100 with Travis Scott’s “Franchise.” His 2021 compilation album Slime Language 2 achieved number one on the Billboard 100 chart, and he would clinch the Hot 100’s summit for the third time in the year with Drake’s “Way 2 Sexy,” alongside Future. In October 2021, his sophomore album, Punk, hit numero uno on the Billboard 200, marking his third number-one album and second chart-topping project of the year.
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Legal Disputes
In February 2014, he was apprehended for possession of a controlled substance, reckless conduct, reckless driving, and driving without a seat belt. In July 2015, Young Thug was arrested at his Atlanta residence on charges related to drugs and weapons. Following a search of his home, he faced allegations of felony cocaine possession, felony marijuana possession, and three counts of felony drug possession. This incident occurred shortly after Young Thug and Birdman were implicated in a scheme to harm Lil Wayne.
In 2017, reports emerged about Young Thug being sued by Heritage Select Homes for failing to settle over $2.2 million in payments for his 11,000-square-foot, six-bedroom, 11-bathroom Atlanta residence.
May 2022 saw Young Thug’s apprehension at his Atlanta dwelling’sYoung Thug, accompanied by an 88-page indictment, was one of 28 individuals charged in Buckhead suburb. The accusations included involvement in criminal street activities and conspiracy to violate the RICO Act (Racketeer Influenced and Corrupt Organization Act). It was claimed in the indictment that Thug, along with 27 others, operated as a group named “Young Slime Life” and engaged in various crimes such as murder, aggravated assault, theft, drug possession, armed robbery, and more from 2012 to 2020. The indictment also stated that Young Thug was allegedly one of the leaders of Young Slime Life, and one of the allegations involved an incident in April 2015 where an alleged YSL member named Jimmy Winfrey reportedly shot at Lil Wayne’s tour bus.
Concert Earnings
In the context of the 2020 coronavirus pandemic, Young Thug shared with radio host Big Boy the significant financial losses artists like him face due to canceled shows and festivals. He exemplified this by saying:
“When I earn money from shows, let’s say I make $500,000. If I miss out on ten shows, that’s $5 million gone.”
Furthermore, he elaborated that the impact of these losses is doubled because he maintains his expenses at the same level:
“During this quarantine period, I might end up spending one to two million. I have my parents and relatives to take care of, and all they want is to go out. They get tired of being indoors and ask for luxury, to stay in a penthouse or a hotel. These things cost money, and without the income from shows, the expenses keep growing. The money I lose from missed shows is almost the same amount I spend from my pocket.”“
Personal Life
Young Thug has six children across four different women, welcoming his first child at 17. In April 2015, he became engaged to Jerrika Karlae, but they separated in December 2020. In 2021, he entered a relationship with singer Mariah the Scientist.