Lil Yachty Net Worth

Lil Yachty became influential in both films and music. People are attracted to his unique sense of music. Today we will discover Lil Yachty net worth, early life, and career.

Who is Lil Yachty?

Lil Yachty is an American rapper, singer and songwriter. He gained worldwide recognition through his single One Night from his debut EP, Summer Songs.

Yachty then released many mixtapes and hit albums that archived positive reception. Four of his albums have charted in the top 20 on the Billboard 200 chart.

Yachty also made several successful corroborations and worldwide tours. Besides music, He appeared in many hit films that earned millions at the box office.

Short bio of Lil Yachty

Full Name Miles Parks McCollum
Birthdate August 23, 1997 (age 26)
Birthplace Mableton, Georgia, U.S.
Nationality American
Height 5’ 11” (1.80 m)
Profession Rapper, Singer, Songwriter, record producer, actor
Genres Hip hop, Trap, pop rap, mumble rap
Labels Quality Control, Motown, Capitol
Social Media Instagram, Twitter
Net Worth $15 million

Lil Yachty Net Worth

Lil Yachty’s net worth in 2023 is estimated to be 2 million U.S. dollars. Being a successful rapper and actor is the main reason behind this massive net worth.

Lil Yachty Net Worth

Yachty released a lot of recordings that became very popular and sold millions of copies worldwide. Yachty also appeared in several box-office hit films. Yachty’s various career activities significantly impacted his net worth.

Early Life

Lil Yachty was born in Mableton, Georgia. His father, Shannon McCollum, is a professional photographer, and his mother, Venita McCollum, is an Author.

Yachty started high school at Pebblebrook High School on Old Alabama Road, Mableton. After completing high school, Yachty enrolled at Alabama State University. But soon, he dropped out and began pursuing a musical career.

For this purpose, he moved from his hometown of Atlanta to New York City. There, he lived with a friend and worked at McDonald’s to supplement his income early in his career.

Sources Behind Lil Yachty Net Worth

Debut Studio Album

Lil Yachty released his first studio album, Teenage Emotions, on May 26, 2017. This album was recorded by Quality Control Recordings. It was released in CD, LP, streaming, digital download, and cassette format.

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The album ranked fifth on the US Billboard 200 and fourth on the US Top R&B/Hip-Hop Albums (Billboard) chart. Besides these, it also entered six other music rating charts across the world.

Online music rating website AllMusic rated this album 2.5 out of 5 stars. This album sold over 46,000 copies worldwide. As a debut studio album, it was a massive success for Lil.

Other Studio Albums

After making a successful debut, Yachty released his second studio album, Yachty Boat 2, on March 9, 2018, with 64,000 album-equivalent units. This album also gained massive success. It ranked second on both the US Billboard 200 and the US Top R&B/Hip-Hop Albums (Billboard) chart.

On October 19, 2018, Yachty released his third studio album, Nuthin Prove. It was ranked among ten music rating charts worldwide, including the US Billboard 200. The album made approximately 100,000 sales.

With this success, Yachty released his fourth studio album, Yachty Boat 3, on May 29, 2020, in CD, LP, streaming, and digital download format. This album also ranked in the top 20 on the US Billboard 200 and US Top R&B/Hip-Hop Albums (Billboard) chart. It also ranked in Canadian and French album rating charts.

Yachty’s latest studio album, Let’s Start Here, also earned enormous success. Online music rating website AllMusic rated this album 4 out of 5 stars. It also ranked number one in the US Top Alternative Albums (Billboard) and US Top Rock Albums (Billboard) charts.

The album also ranked in the 17 more mic rating charts, including the US Billboard 200. This album has sold over 100 thousand copies worldwide. Certainly, Yachty earned a lot from these album sales.

Other Music

Besides studio albums, Yachty also released several other recordings, like EPs, mixtapes and non-album singles. On August 22, 2015, Yachty released his first EP, Summer Songs, in digital download format.

Later, he released nine more EPs. Yachty Boat’s Birthday Mix, Hey Honey, Let’s Spend Wintertime On a Boat, The Lost Files, and Birthday Mix 2.0 are the most significant of them.

Lil Yachty Net Worth

Yachty released his self-titled mixtape Yachty Boat on March 9, 2016. It entered the US Billboard 200 chart and made a lot of sales.

In the same year, he released his second mixtape, Summer Songs 2, which ranked in both the US Billboard 200 and US Top R&B/Hip-Hop Albums (Billboard) charts. His last mixtape, Michigan Boy Boat, also gained enormous success and sold thousands of copies worldwide.

Yachty also released several non-album singles, such as Go Krazy, Go Stupid Freestyle, Not Regular, Coffin, Hit Bout It, and many others. Most of his singles became very popular and achieved positive online reviews.

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As Yachty’s fame rose to the top, many famous artists and bands showed interest in collaborating with him. For this reason, Yachty was featured in Shelley FKA DRAM’s single song Broccoli from the album Big Baby DRAM (2016). This single went viral worldwide.

With this success, Yachty featured in several other singles, such as Young Thug’s TM88, Charli XCX’s After the Afterparty, T-Pain’s Dan Bilzerian, Tee Grizzley’s From the D to the A, and so on. Those artists paid Yachty a good amount to feature with them, which increased his net worth widely.


Yachty got many invitations from different cities and countries to perform at their concerts, opening ceremonies or other festivals.

For this purpose, Yachty went on many tours across the world. Some of his significant tours were in Doug Mitchell Thunderbird Sports Centre, Canada; La Cala de Mijas, Spain; Parque da Bela Vista, Portugal, Arkham; China; and many other places.

All of Yachty’s live shows were ticket sell-out shows, and he received a massive amount from the organisers of those live shows.

Films And Television

Yachty made his film debut in Life-Size 2: A Christmas Eve (2018). In this film, Yachty played a minor role. In the following year, he made a guest appearance in the romantic comedy film Long Shot.

This film became very popular and hit the box office with $53.9 million. That year, Yachty made his starring role debut in a comedy television film titled How High 2.

In 2021, Yachty appeared in A Man Named Scott, a documentary film centred on American musician and actor Scott Mescudi. This film went viral worldwide.

Besides films, Yachty became a recurring cast member of ABC Networks’s teen drama series Grown-ish in 2023. Yachty received a high payment for every film he acted in.


Yachty hasn’t received any awards yet. But he was nominated twice for Grammy Awards in the category of 2017 Best Rap/Sung Performance and 2022 Album of the Year.

Later, he was also nominated for several other awards, such as the iHeartRadio Much Music Video Awards, MTV Europe Music Awards, and MTV Video Music Awards (VMA).

Personal Life

Yachty became a father at the age of 24. His first child, a daughter, was born on October 20, 2021. Yachty didn’t reveal the identity of the child’s mother.


How much money is Lil Yachty worth?

Lil Yachty’s net worth in 2023 is estimated to be $15 million.

How much is Lil Yachty house worth?

Lil Yachty’s current house is worth about 2 million U.S. dollars.

Why is Lil Yachty rich?

Lil Yachty became rich by selling his popular studio albums and acting in films.

Why is Lil Yachty so famous?

Lil Yachty is famous for his rap music and appearances in on-screen dramas.

Final Thoughts

Lil Yachty net worth is a result of his early success. Music of films everywhere Yachty has seen only success, and those successes drive him to a lavish financial status.

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