Lil Yachty Net Worth (2024)
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Lil Yachty Net Worth FI

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Lil Yachty’s Net Worth & Earnings: Lil Yachty is a Professional rapper, singer, and songwriter. He first gained recognition with his debut album in March 2016.

Lil Yachty first came to prominence in December 2015 when his song “One Night” was used in a comedy video – this was from his debut EP ‘Summer Songs’.

Lil Yachty’s debut mixtape became his breakthrough after the song “One Night” went viral.

Following his initial success, he appeared as a model at Madison Square Garden in Kanye West’s Yeezy Season 3 fashion line in February 2016.

Later on, the media finally noticed him and got him a big name in the Hip-hop industry

And that’s just one side of the story…

Thanks to his promising music career, Lil Yachty’s net worth is now a whopping $8 million.

And we’re really excited to bring you the details in this article – Lil Yachty Net Worth.

We’re going to keep you in the loop on:

  • How he made his fortune;
  • His most expensive cars and jewelry;
  • Lil Yachty’s Career;
  • Relationships, Early Life, and Fun Facts;
  • Some interesting moments in his career & music;

And so much more!

Fetch the life vests…

Let’s get started…

Who Is Lil Yachty

Miles Parks McCollum aka Lil Yachty is an American rapper, singer, and songwriter.

The future superstar was born on August 23, 1997, in Mableton, Georgia, United States.

In 2015, Miles adopted the name “Yacht” and moved to New York City to launch his career. Yachty stayed in his friend’s apartment and networked into online street fashion while building his own Instagram following.

Just like other people, Lil Yachty started from the bottom and worked in McDonald’s while living under his friend’s roof.

Lil Yachty Net Worth

… and he was only 19 years old then!

In April 2016, his song Lil Boat was featured on DRAM hits song “Broccoli”, The song peaked at number five on the Billboard Hot 100. 

That’s the time Yachty really blew up and that’s also the time his continuous success in the Hip-hop industry began.

It’s really wonderful to see this rags to riches story by Lil Yachty.

Just inspiring, isn’t it?

Net Worth: $8 Million
Date of Birth: August 23, 1996 (Lil Yachty’s age now is 27.)
Gender: Male
Eye Colour: Dark Brown
Zodiac Sign: Virgo
No. of Children: None
Tattoos: None
Language: English
Last Updated: 2024
Nationality: American
Relationship Status: Single
Profession: Rapper, singer, songwriter
Favorite Color: Red
Favorite Food: Limited release potato chips, coveted girl scout cookies, and “exotic” sodas
Religion: Christianity
Current Occupation: Rapper, singer, songwriter

How Much Money Does Lil Yachty Make By Year?

YearEarnings $
2016$8 million
2017$11 million
2018$12.5 million
2019$10 million
2020$8 million
American rapper Lil Yachty Net Worth on a high at $8 Million

Lil Yachty Music

He released his debut mixtape the “Lil Boat” in March 2016. 

On June 10, 2016, The pop-rap artist announced that he had signed a joint venture record deal with  Capitol Records, Quality Control Music, and Motown Records

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First Mixtape Lil Boat

Release: Yachty published his debut mixtape Lil Boat on March 9, 2016

Formats: CD, digital download

Label: Quality Control Music


  1. Intro (explicit) 
  2. Wanna Be Us 
  3. Minnesota 
  4. Not My Bro 
  5. Interlude 
  6. Good Day
  7. Up Next 2 
  8. Never Switch Up
  9. One Night 
  10. Out Late 
  11. Fucked Over 
  12. I’m Sorry 
  13. We Did It
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Second Mixtape The Lil Boat 2

Release: Lil yachty released Lil Boat 2 was published on 9 March 2018.

Formats: CD, digital download

Label: Quality Control Music


  2. BOOM!
  3. OOPS
  7. she ready 
  8. love me forever 
  9. DAS CAP 
  10. POP OUT 
  11. NBAYoungBoat 
  12. MICKEY 
  13. FWM 
  14. FLEX 
  15. WHOLE lottaGUAP
  17. 66
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Lil Boat 3

Release: May 29, 2020

Formats: CD, digital download

Label:  Capitol Records and Quality Control Music


  1. Top Down Wock
  2. In Stock 
  3. Split/Whole Time 
  4. T.D
  5.  Pardon Me 
  6. Demon Time
  7.  Black Jesus
  8.  From Down Bad
  9.  Love Jones
  10.  Can’t Go 
  11. Oprah’s Bank Account
  12.  Range Rover Sports
  13.  Lemon Head
  14. Don’t Forget 
  15. Up There Music 
  16. Westside
  17.  Till The Morning 
  18. Whew’ Chile
  19.  Concrete Boys

The Young Lil Yachty

Young Lil Yachty

His flight to the top was really a Teenage Dream.

“Started from the bottom now we here.”

Lil Yachty enrolled at Alabama State University College, but dropped out shortly afterwards to focus on his career.

Young musician Lil Yachty’s debut mixtape the “L’il Boat” was one of the horse’s releases of the SoundCloud era. 

When the album was released on March 9, 2016, it didn’t just become the hottest album of the year, but it also made Yachty a star! 

But wait, let me tell you something.

The fame and success follow Yachty like a dog and he’s even called the “King Of The Youth.”

Miles Parks McCollum shows no sign of slowing down as a young teenager who’s hungry for success. DRAM even invited him to be a guest in his song “Broccoli”, and guess what?

He stole the show like he’s the star of the song.

Lil Yachty Family & Relationships

Lil Yachty Ex-Girlfriends

Lil Yachy GFs

J.T. (Jatavia Shakara Johnson )

Just like Yachty, J.T. is also a rapper. 

In 2018, JT began a 24-month sentence in prison due to felony and identity theft cases. 

She was released later in 2019 thanks for her good behavior. 

Lil Yachty’s labelmate slash ex-girlfriend claimed that he didn’t contact her and even cheated on her while she was in prison. 

Despite this, the two seem cool now. She even called him to be beside her throughout the ultimate tell-all in her Instagram live. 

India Love

Lil Yachty and Soulja Boy allegedly had a beef thanks to the vixen India Love. 

The two worked together on a promotional music video in 2017 and were reported to be secretly dating. Souja Boy later admitted that India was never his girlfriend but that he “smashed” her. 


Want to know more?

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

Lil Yachty Scandles & Controversies

On September 1, 2015, Miles Park McCollum aka Lil Yachty, and one other man were arrested at a mall in Florida for credit card fraud.

Miles was released after posting a bail bond of $11,000. According to Yachty, his records were canceled.

Lil Yachty thought it was the end of the road of his career.

But guess what…

Lil Yachty bounced back and didn’t let anything or anyone stop him!

He said in an interview that he “used to have visions of being a star all the time, but I never knew I wanted to be a rapper. I used to have visions of flashing lights and red carpets… I know when I got the moment to take charge, (sic) when I got arrested.


How Lil Yachty Spends His Money

Lil Yachty Jewellery

Miles Parks McCollum, one of the hottest names in hip hop today, likes to spend his wealth on some blings and jewelry!

With Lil Yachty Net Worth, he sure can have all the luxury his heart desires!

As a matter of fact…

The glitzy rapper has a jewelry box that includes his Simpson chain, his self-portrait jewel, Quality Control chain, Soulja Boy inspired chain, and his numerous diamond necklaces.

 These jewelry ranges from $10,000 – $140,000

But unlike other rappers out there…

…Lil Yachty is making himself busier by tokenizing himself with his own cryptocurrency “YachtyCoin” to cash in on the $500 Billion global crypto market.

But then, one question remains. 

Does Lil Yachty have a yacht, though?

Lil Yachty Cars

Yachty also has a fantastic car collection too… including:

Lil Yachty Car

Dodge Srt Hellcat   $58,995

Lil Yachty Car

Mercedes G Wagon  $130,900

Lil Yachty Car

Ferrari 488  $284,700

Lil Yachty Car

Finally, Lil yachty owns a Bentley Convertible   $240,800

Phew. That’s quite a handful!


Despite Lil Yachty’s silly image, the artist has given a lot back.

In 2017, Lil Yachty teamed up with Reebok and Foot Locker in donating sneakers to Hurricane Victims in Puerto Rico.

Lil Yachty also helps charities in Food and Drug administration and Robin Hood Foundation.

He’s still a softie, after all. 

Fun Facts About Lil Yachty

Yachty built his own brand using Instagram.

After moving to New York, Lil Yachty got involved with key people in the street fashion industry, which helped immensely in building his brand and Instagram following. 

He also invented his own genre.

Lil Yachty called his music “bubblegum trap” and samples a lot of computer games and kids’ TV shows, including Mario Bros. and Rugrats.

Yachty doesn’t drink

Lil Yachty has never been drunk. He doesn’t appreciate the burning sensation caused by the alcohol. According to Lil Yachty, the beer smells disgusting, so don’t you ever try to offer him one.

For the love of pizza

His daily diet consists of pepperoni pizza. He said that he’s been eating pizza every day of his life since his elementary days. (Really.)

Yachty doesn’t smoke either.

He used to smoke in high school, but he didn’t like the way it made his brain feel.

5 Life Lessons From Lil Yachty

  1. Having your very own style and identity is important.
  2. Develop and master your craft from all angles.
  3. Make your accomplishments seem effortless.
  4. Bounce back from rejection.
  5. Life goes on whatever happens.

Frequently Asked Questions (FAQs): Lil Yachty’s Net Worth

Does Lil Yachty have a boat?

Lil Yachty does not own a yacht.

How much does Lil Yachty charge per show?

Yachty charges between $50-65,000 per show

What does Lil Yachty eat?

He is not a fan of fruit and vegetables. His favorite food is snack food.

What was his debut studio album?

His debut studio album was Teenage Emotions, which he released on 26th May 2017. Teenage Emotions debuted to number five on the US Billboard 200.

Summary: Lil Yachty Net Worth

Now that’s one hell of a musical career, with interesting highs and lows. 

My biggest takeaway from this is that anyone can do anything wherever he may come from – Lil Yachty’s road to success was not easy. 

And boy, it’s hard to move on from his bling collection. 

Wish I was a dime behind that!

I hope you enjoyed this article – you might also want to check out Lil Yachty’s Astrology, memes, and Jokes articles on Bouncemojo.com

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