Lil Pump Net Worth (2020) – How He Made & Spends His Fortune

Ryan
By Ryan Williams
Lil Pump
1 July 2020
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After hours of research we’re really stoked to bring you the details of rapper Gazzy Garcia – aka – Lil Pump’s Net Worth.

Today, we’re going to be diving deep into Lil Pumps’s career and we’ll be looking at:

  • how he made his fortune
  • milestone deals
  • his assets – property, cars, boats, planes etc.
  • how he likes to spend his money

My favorite take away from all of this is his original climb to fame though Soundcloud- showcasing his hard work – skip to this part if you’d like to read about it…

Buckle up.

Let’s get started…


Quick Overview: Lil Pump 

  • Net Worth: $8 million USD
  • Date of Birth: 17th August 2000
  • Gender: Male
  • Relationship Status: Single
  • Children: None
  • Profession: Rapper
  • Nationality: American
  • Last Updated: 2020
Lil Pump Net Worth

Lil Pump Net Worth:

Although only 19 years old… Lil Pump has taken the rap industry by storm after gaining popularity in 2017.

Earning a generous $3 million a yearmainly from record sales and tours – his persona and lifestyle are admired by his fans. He lives in a mansion in Miami, Florida.

With this in mind, Lil pump’s net worth totals a whopping $ 8 million USD – not bad for the tender age of 19!

Lil Pump Net Worth
YearNet Worth $
2017$150,000
2018$4,000,000
2019$6,500,000
2020$8,000,000

Lil Pump Early Life:

Lil Pump early Life

Originally from Miami Florida, American rapper – Lil Pump – was born to his Cuban father and Mexican mother.

Lil pump’s real name is actually Gazzy Garcia!

He lived life as an only child until the age of 6 when his parents split up… and through this change he wound up with an older half brother.

Lil Pump was diagnosed with Dyslexia and really struggled to get on at school – getting expelled from most schools he attended for fighting and starting riots.

From an early age, Pump enjoyed rap music… regularly uploading his videos online.

From 2012-2017 Pump posted videos on YouTube – watching these, you can easily see his career progression. (See his YouTube channel link below).

After causing a riot and being expelled at 15… Lil Pump dropped out of high school.

Want to know more?

Read everything there is to know in his Bounce Mojo Bio!

Business Ventures Endorsements & Products:

Lil Pump’s success began to grow in 2016, after freestyling over a song produced by Smokepurpp… a close friend of Pump introduced when he was just 13.

The rapper began producing and releasing music on Soundcloud… including “Lil Pump” which went on to achieve 30 million  views to date.

Soundcloud provided a powerful platform for him – this pretty much led to his discovery and catapulted him into public life.

His following on Soundcloud continued to grow… he released two new songs in 2017, “D Rose” and “Boss” – which have since been listened to over 70 million times.

Interestingly…

… the song “Boss” was later used in an Apple watch commercial!

The success of the song “D Rose” on Soundcloud led to the creation of a music video which was published on YouTube and reached over 100 million views worldwide.

Lil Pump’s mainstream success – “Gucci Gang” – was released that same year… opening Pump to a much wider audience.

His music has attracted artists such as… Rick Ross, Gucci Mane, and Chief Keef – collaborating on his debut album.

Some great connections, eh?

In September 2018 Lil Pump had gained over 11 million subscribers on his YouTube channel, received 2 billion views, and had 1 billion streams on Spotify.

That’s quite a following.

He signed a record deal with Warner Bros. negotiating an $8million advance.

During that same year, Pump released his collaboration with Kanye West – “I Love It” – reaching #1 on the streaming charts.

The song reached 46 million streams in the first week alone.

Lil Pump early Life

Crazy.

The rapper has also partnered with a T-shirt company… creating hats, jumpers, and, oh yes, t-shirts.

Pump has since released a series of YouTube videos titled “Pump University”… teaching followers how to be like him – check it out on his YouTube channel below.

Hmmm…!

Lil Pump Investments

Although Lil Pump has accrued a large amount of wealth over the last couple of years… He chooses to invest most of his money straight back into his lifestyle.

He invests in property, jewelry, and cars… as well as using his wealth to fund his party lifestyle.

Pump is a massive jewelry fan… owning multiple gold and diamond watches – worth over $100,000 each!

Lil Pump Investment

Lil Pump Career Earnings By Year

Through his record deal Pump earns up to $15,000 a year… it has increased each year since his signing…

  • 2018 $9,000
  • 2019 $12,000
  • 2020 $15,000

… this might not sound like much…

However…

… Pump has negotiated a 14% share of his royalties – that’s a much higher percentage than normal.

In some formats, Pump receives up to 66% of his royalties – this is really smart and will make him super wealthy in the future.

As well as his take home pay from the music industry… Pump earns up to $500,000 a year in advertising alone – on YouTube.

In 2019 Pump was ranked on Forbes 30 under 30he’s definitely up and coming!

Watch out for him…

Songs:

In recent years… Lil Pump has launched a merch store – smokeunhappy.com – where he sells branded t-shirts and accessories.

Surprisingly…

… the rapper accepts Bitcoin as a method of payment for his merch – looks like he’s following in the footsteps of 50 Cent!

Pump has also released a number of singles, including:

  • Harvard Dropout
  • Lil Pump
  • Gucci Gang
  • Esskeetit
  • I Love It
  • Butterfly Doors
  • Boss
  • Fasho Fasho
Lil Pump Songs

Lil Pump Philanthropy:

Despite his negative image… Lil Pump has been seen to do some pretty great deeds.

Recently the American rapper has been seen donating to the homeless… as well as handing out food and warm clothes at a charity event in LA last Christmas – he donated $7,000 to the event.

Lil Pump Philanthropy

How Lil Pump Spends His Money:

It’s safe to say that Lil Pump is loving an extravagant lifestyle… but how exactly does he spend his money?

Well, here goes…

Pump is said to spend his money on “Drugs, chains, and designer everything”.

However…

…recently Pump has made some more heavy investments, amongst them a Mansion in sunny Miami, Florida.

The rap artist also splashed out on Jewelry – recently spending $300,000 on necklaces, rings and chains. Pump also has several gold watches each worth more than $100,000more than the average family home!

As well as jewelry, Pump spends a lot of money on his image… wearing predominantly designer items and building up his tattoo collection.

All in all, he has a pretty lavish lifestyle!

How Lil Pump Spends His Money

Lil Pump House:

In 2019 Pump purchased his $4.65 million waterfront “dig”.

The mansion – located on Miami Beach’s Biscayne Bay (love it) – is a 2 story estate… complete with a rooftop deck, swimming pool, spa, and boat dock.

The Miami home is a whopping 4.815 ft2, with 5 bedrooms, and 6 bathrooms.

Not bad for a 19 year old!

Toys:

Pump has started an eclectic car collection, totaling an estimated $820,000!

The depreciation would make your eyes water!

His collection includes:

  • Audi R8
  • Rolls Royce Wraith
  • Porsche Cayman

Fun Facts:

Although Pump lives his life through his social media platforms…

… here are some facts you might not know about him:

  1. His Song Gucci Gang peaked at #7 in the Billboards – becoming his first single to reach the music charts.
  2. He has 25 tattoos – most on his face and neck.
  3. His first big song “Boss” currently has over 48 million views on YouTube
  4. In 2017 Lil’s self-titled debut album reached #2… selling over half a million copies it was certified gold by the Recording Industry Association of America (RIAA).
  5. Lil Pump’s real name – Gazzy Garcia – was leaked after his backpack containing his passport was stolen. Ouch.

5 Lessons From Lil Pump:

Although he’s not to everyone’s taste, he does have some pretty loyal followers and Lil Pump’s net worth has climbed dramatically over the last couple of years as a result

That being said there’s a lot we can learn from Pump’s success… here are 5 lessons to take away from his rise to fame:

  1. Be provocative – In order to make people talk about you, you have to give them something to talk about. Remember… no publicity is bad publicity.
  2. Get out there – don’t wait around for opportunities to come to you, just go for it and do something.
  3. Be original – there’s a lot of competition out there… so don’t be a copycat, stand out and catch people’s attention.
  4. Network – Build your connections, people can help you with your journey.
  5. Timing – the timing of products and services are critical, exploit it. Make sure it’s both the right time – and – there’s a need for it.
These Are The 5 Best Lessons From Lil Pump On Success You Must Read…

Lil Pump – Frequently Asked Questions (FAQ)

Is Lil pump a billionaire?

Lil pump is worth roughly $8 million

How is Lil pump so rich?

Lil Pump huge success of his song ‘Gucci Gang’ and his record deal with Warner Bros, catapulted Lil Pump wealth

How much is Lil pump’s house worth?

Rapper Gazzy Garcia, known professionally as Lil Pump, purchased a Miami waterfront home for $4.6 million.

Summary: Lil Pump Net Worth 

So there you have it, I’m sure you’ll agree, Lil Pump has had a hell of a career.

My biggest takeaway from this is… his ability to climb to the top without a leg up from other artists, thanks mainly to his determination.

But… 

…I also particularly liked his originality.

There’s no one else like him on the music scene right now.

I hope you enjoyed this article – you might also want to check out Lil Pump’s bio, and the best memes.

 

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