Lil Yachty Net Worth & Biography

admin January 12, 2022
Updated 2022/01/12 at 12:17 PM
Lil Yachty Biography

Lil Yachty Net Worth & Biography

Popular Name: Lil Yachty
Real Name: Miles Parks McCollum
Birth Date: August 23, 1997
Birth Place:
Mableton, Georgia, United States
Age: 25
Gender: Male
Nationality/Citizenship: American
Height: 184 cm
Weight: 71 kg
Sexuality: Straight
Marital Status: Single
Children: N/A
Profession: Rapper
Years active: N/A
Net Worth: $8 Million
Last Updated: 2022




American hip hop recording artist Lil Yachty is best known to rap fans for songs such as “One Night”, “Rainbow”, “Better”, and a long list of others. The 24-years old Georgia native represents an evolution in the hip-hop and rap genres towards something entirely unique. Although there are many that have labeled the genre made popular by rappers like Lil Yachty as “mumble rap,” the sensational singer does not see himself as such. Instead, he has described his kind of music as “bubblegum trap,” and he frequently employs sound bytes from sources such as video games and cartoon theme songs. Although perhaps simplistic, Yachty’s music has been well-received by critics and fans alike, who describe it as “catchy” and “fun”. We’ll continue this article with all that there is to know regarding the biography, career, and accomplishments of this talented rap sensation.

Early Life: Childhood, Education

His real name is Miles Parks McCollum and he was born on August 23 1997, in Mableton, Georgia. As a child, he spent much of his time listening to Canadian rapper Drake, and this inspired him greatly to the point it left a considerable influence on his career in the Music industry.

In 2015, Yachty attended Alabama State University but dropped out in the first year to focus completely on his musical career. He decided to move to New York, where he began networking while living with a close friend. Soon, he started making connections in the local streetwear scene which turned out valuable and contributed to the growth of his Instagram following. As a young musician aware with the powers of social media, Yachty was immediately aware of the need to grow his online image. During this time, he worked at McDonald’s to raise extra funds to support himself.

Professional Life: Music Career

His big break was somewhat unanticipated, as he gained notoriety only after his song “One Night” was used as the theme of a viral video. Although the video was funny for a lot of people, the audience had a common desire, to know who sang the song playing in the viral video. After it was discovered that the song belonged to Yachty, they became curious and wanted more from the rapper. As of January 2022, the “One Night” video posted on YouTube has nearly 130 million views.

The year 2016 brought more fame and success for Yachty, as he got the privilege to model for Kanye West’s Yeezy fashion line. He released his mixtape in 2016 as well, and titled it “Lil Boat”. His potential was greatly seen that year and many rappers in the music scene got to identify with him. He went ahead to collaborate with many rappers including Chance the Rapper, Kyle, and Tee Grizzley, and all those projects helped to keep him in the limelight.

Lil Yachty Net Worth
Rapper Lil Yachty

Lil Yachty started taking serious steps in his music career in 2017 with the release of his first studio album, titled “Teenage Emotions”. The album’s success further helped establish his reputation within the hip-hop scene and allowed him to attract various artists who were enthusiastic to be featured on his debut studio album, including YG, Migos, and Diplo. His second album, “Lil Boat 2”, was made available in 2018 and it sold 64,000 units, signifying a considerable achievement for a rapper who is rather unique in terms of his genre

Although Yachty stayed relatively quiet during 2019, he popped back into the scene in 2020 with multiple well-received works, including a third album “Lil Boat 3”. This album featured artists such as his childhood idol Drake, Lil Keed, and Lil Gotit.


Lil Yachty is still single at this moment. He has never been married, and we do not know if he is currently dating at the moment. Likewise, there’s no news on ground regarding any kids said to be his. He has remained very quiet about his private businesses, and his fans totally understand and respect his decisions.

In 2015, before he got famous, Yachty was involved in a credit card fraud scandal in Florida. He was arrested at Palm Beach with another man and posted a bail bond of $11,000 to be released soon thereafter.

In 2016, he stated that his criminal records had been erased, assumedly due to the fact that he was a teenager at the time.


Lil Yachty Net Worth: Salary, Income Sources, Additional Ventures

The American hip-hop recording artist has a net worth of $8 million as of the time of this writing. He makes most of his wealth from his music career, but outside of rapping and dropping albums and mixtapes, Lil Yachty has been involved in several additional ventures. The most notable of these is most likely his appearance in a Sprite ad alongside American basketball star LeBron James. He has also been involved in the fashion and modeling world big time since his work with Kanye West. After achieving prominence, Yachty became the face of different Nautica and Urban Outfitters clothing lines. He even appeared in a promotional music video for Target alongside American vocalist Carly Rae Jepsen. Perhaps the most peculiar of Lil Yachty’s brand affiliations which greatly contributes to his income is with Chef Boyardee. In 2018, Boyardee and Donny Osmond were hired to create a new theme song for the brand which was called “Start the Par-dee”. Two years earlier, the rapper endorsed Bernie Sanders citing the dedication of the American Senator to the civil rights movement.

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