By Robin 
Introduction
Lil Yachty, born Miles Parks McCollum, is a name that has become synonymous with innovative hip-hop music and youth culture. Known for his colorful persona, signature “bubblegum trap” sound, and a knack for viral hits, Lil Yachty has captivated the music world. As of 2024, Lil Yachty’s net worth stands at an impressive $8 million, a testament to his diverse talents and ventures. His journey from a college dropout to a Grammy-nominated artist is an inspiring story of determination, creativity, and business savvy. In this article, we’ll dive deep into Lil Yachty’s net worth, career highlights, early life, and personal endeavors.
| Attribute | Information |
|---|---|
| Full Name | Miles Parks McCollum |
| Nickname | Lil Yachty |
| Gender | Male |
| Birthday | August 23, 1997 |
| Age | 27 years old |
| Birthplace | Mableton, Georgia, USA |
| Current Residence | Los Angeles, California, USA |
| Zodiac Sign | Virgo |
| Nationality | American |
| Ethnicity | African-American |
| Religion | Christian |
| Education | Attended Alabama State University (did not graduate) |
| Profession | Rapper, Singer, Songwriter, Entrepreneur |
| Father | Charles McCollum |
| Mother | Venita McCollum |
| Siblings | 1 sister, India (Younger) |
| Marital Status | Single |
| Spouse | N/A |
| Children | None |
| Height | 6 feet 1 inch (185 cm) |
| Weight | Approximately 154 lbs (70 kg) |
| Body Measurements | Not publicly disclosed |
| Hair Color | Red |
| Eye Color | Brown |
| Net Worth | $8 million (2024) |
| Source of Income | Music, Fashion, Endorsements, Merchandise |
| Social Media | Instagram: @lilyachty |
Who is Lil Yachty?
Lil Yachty, a trailblazing hip-hop artist, has carved his unique niche in the music industry. Born on August 23, 1997, in Mableton, Georgia, Yachty’s rise to fame has been fueled by his genre-defying music, which he describes as “bubblegum trap.” Often categorized under the “mumble rap” subgenre, Yachty’s music focuses on catchy beats, fun lyrics, and sound bites from unexpected sources like cartoon theme songs and video games.
Beyond music, Lil Yachty has been deeply involved in fashion and pop culture, collaborating with brands like Kanye West’s Yeezy fashion line and joining the E-Sports team FaZe Clan. His ability to transcend music and influence industries like fashion, social media, and gaming has played a vital role in his financial success.
What is Lil Yachty’s Net Worth
As of 2024, Lil Yachty’s net worth is estimated to be $8 million. His earnings come from a variety of sources, including his music career, fashion collaborations, and endorsements. Yachty has amassed a significant following with viral hits like “One Night” and collaborations such as “Broccoli” with DRAM, which peaked at number five on the Billboard Hot 100.
Apart from his music, Lil Yachty has ventured into the fashion industry by modeling for Kanye West and securing deals with prominent brands. His social media presence, bolstered by millions of followers, has also contributed to his wealth, allowing him to engage in lucrative brand partnerships and merchandise deals.
Early Life
Miles Parks McCollum, later known as Lil Yachty, was born and raised in Mableton, Georgia. Growing up, Yachty was heavily influenced by Canadian rapper Drake, whose music played a crucial role in shaping Yachty’s artistic direction. Drake’s impact is evident in Yachty’s melodic flows and penchant for catchy hooks, qualities that have made him a standout in the ever-evolving hip-hop landscape.
In his early years, Yachty was no stranger to hard work. Before his fame, he worked at McDonald’s and hustled to grow his Instagram following while trying to make a name for himself in the music industry. His passion for music and awareness of social media’s power became key components in his eventual success.
Education
Lil Yachty briefly attended Alabama State University but dropped out to pursue his music career. This bold decision marked a turning point in his life, as he relocated to New York City to immerse himself in the music scene. While living with a friend, Yachty networked in the local streetwear scene, laying the groundwork for his future success.
His time in New York was instrumental in shaping his music career. Yachty leveraged social media platforms like Instagram to share his work, ultimately building a strong online presence. This online buzz helped catapult him into mainstream recognition when his song “One Night” went viral.
Film Career
Though primarily known for his music, Lil Yachty has dabbled in the film industry as well. In 2018, he voiced the character of Green Lantern in Teen Titans Go! To the Movies, marking his first major role in a theatrical release. This venture into animation showcased Yachty’s versatility as an artist and opened new doors for future acting projects.
While he has yet to fully establish himself as a Hollywood regular, his involvement in projects like Teen Titans demonstrates his ambition to expand his career beyond music. Given his personality and broad appeal, it’s likely that we’ll see more of Yachty in film and television in the years to come.
Television Career
In addition to his work in film, Lil Yachty has made several television appearances, further expanding his brand. His most notable appearances include his participation in the MTV show Wild ‘N Out, where his vibrant personality made him a fan favorite. Yachty has also appeared as a guest on popular late-night shows and talk shows, further solidifying his position in pop culture.
These television appearances have not only helped him gain more exposure but also contributed to his growing net worth. Yachty’s ability to entertain both on-screen and in the recording studio speaks to his multifaceted talent as an entertainer.
Personal Life
Despite his fame, Lil Yachty has managed to keep his personal life relatively private. However, he’s been open about his close relationships with fellow artists like Drake, who inspired him early in his career, and his collaborations with musicians such as Chance the Rapper, Migos, and DRAM. These connections have helped him grow not just as an artist but also as a person.
Yachty has faced some challenges, including legal issues early in his career. In 2015, he was involved in a credit card fraud scheme in Florida. However, the charges were later expunged from his record. Since then, Yachty has kept a clean record and focused on his music and business ventures.
Real Estate
Lil Yachty’s wealth extends beyond his music and fashion ventures—he’s also made investments in real estate. While he hasn’t publicly disclosed many details about his real estate portfolio, it’s known that Yachty has used his earnings to invest in luxury properties. Like many successful musicians, real estate serves as a way for Yachty to diversify his income streams and build long-term wealth.
His focus on securing smart investments aligns with his business acumen, ensuring that his financial success continues well into the future. Yachty’s financial strategies, both in real estate and other ventures, demonstrate his ability to manage his earnings wisely.
Quick Facts
- Full Name: Miles Parks McCollum
- Born: August 23, 1997, in Mableton, Georgia
- Net Worth: $8 million (2024)
- Famous Tracks: “One Night,” “Broccoli” (with DRAM)
- Albums: Teenage Emotions, Lil Boat 2, Lil Boat 3, Let’s Start Here
- Collaborations: Kanye West, Chance the Rapper, DRAM, Migos, Diplo, YG
- Awards: Grammy-nominated for “Broccoli”
Final Thoughts
Lil Yachty’s journey from a college dropout to a millionaire hip-hop star is one of grit, creativity, and resilience. His $8 million net worth is a reflection of his diverse talents—not just as a rapper, but as an entrepreneur and cultural influencer. With successful albums, viral videos, fashion deals, and a growing real estate portfolio, Yachty continues to cement his legacy as a multifaceted artist.
As he continues to evolve musically, dabbling in genres like psychedelic rock, and expanding into other ventures like fashion and gaming, there’s no telling how high Yachty’s star will rise. But one thing is certain: Lil Yachty’s success is far from over, and his influence on the music industry and pop culture will endure for years to come.
FAQs
What is Lil Yachty’s net worth?
Lil Yachty’s net worth is estimated at $8 million as of 2024.
What are Lil Yachty’s biggest hits?
Some of Lil Yachty’s biggest hits include “One Night” and “Broccoli” (with DRAM).
Has Lil Yachty won any awards?
While Lil Yachty hasn’t won a Grammy, he was nominated for his collaboration with DRAM on “Broccoli.”
What is Lil Yachty’s real name?
Lil Yachty’s real name is Miles Parks McCollum.
What genre of music does Lil Yachty create?
Lil Yachty describes his music as “bubblegum trap,” and he has also dabbled in psychedelic rock.
Read Next :- Marlo Thomas Net Worth