Trap music continues to get new artists every day. We’ve got one more for you and he’s quickly becoming a rising star. We decided to take a look at the Lil Pump. After all, now that he’s been hired to sing for Travis Barker and signed a lucrative deal with Warner Brothers, this celebrity is definitely on the rise.
So let’s see just how much wealth Lil Pump has accumulated and what is Lil Pump, to see how much the rapper has amassed in a short time.
Only a year ago, Lil Pump was essentially a nobody. In 2016, it was nearly impossible to find anyone who knew who he was. But things can change a lot in a few months.
Lil Pump was born and raised in Miami. His real name is Gazzy Garcia, although his name and much of his history were mysteries until recently. He got his start in rapping when a friend, known rapper Smokepurpp, inspired him.
Although people online think otherwise, Lil Pump claims he’s brilliant and got accepted to Harvard. (At another point, on Instagram, he claimed to have graduated from Harvard Business School) Nevertheless, it’s a running gag on Youtube that people joke about how dumb he is. In reality, Lil Pump was kicked out of school multiple times for different offenses. There is a rumor that he started a major riot in one school, but that’s not confirmed.
Soon, Lil Pump was making music and posting it to SoundCloud, where he started to develop a following.
Tracks like “D Rose” and “Flex Like Ouu” have earned major traction with trap music fans. Lil Pump is a Miami artist who is taking the world by storm. In late 2017, Lil Pump released a brand new track titled, “Gucci Gang” that has the makings of a hip-hop radio hit. The sinister beat features a heavy bass line with a repetitive chorus that is easy for fans to follow along. Lil Pump really has a recipe for hit-making that artists like Lil Uzi Vert, Lil Yachty and even Travis Scott built their cult fanbases from.
Over time, Lil Pump developed a huge following online, especially on Youtube and SoundCloud. That was enough to help him put out several additional tracks, and got him enough funding to do some extremely expensive videos.
But what really catapulted Lil Pump was a deal that he signed with Warner Bros.’s Tha Lights Global. According to Hot New Hip Hop, Warner Bros. re-released older music under their label, gaining him instant visibility among the hip hop listening masses.
Although Lil Pump only started making the big bucks relatively recently, over the entire year 2017, he could be seen in videos in photos carrying piles of cash. In addition, Lil Pump is known to wear almost all Gucci clothes, and he claims to have multiple supercars, although there is no proof to support that. He has been photographed with a Porsche 911, an Audi R8, and a Lamborghini. The total cost of those cars is well over a half million dollars.
Although most of his older music never made it on the charts, Lil Pump’s most recent release, Gucci Gang, did make #3 on the entire U.S. charts. The track reached gold status, meaning he sold over $500,000 units. But based on recording industry royalties numbers, his receipts from those sales are likely in the low tens of thousands of dollars.
So what is Lil Pump Net Worth? How has it changed over the years?
In 2016, when Lil Pump got his start in the rap industry, he was worth essentially nothing. Having been kicked out of school, and having no permanent means of supporting himself at 15-16, he started releasing tracks on SoundCloud.
However, that changed dramatically in 2017. That year was when he started doing serious touring, and he started getting noticed by most music industry people. Over the year 2017, Lil Pump got to 600,000,000 views on Youtube, with 300,000 subscribers. That alone would have netted him up to $500,000 or more from ads and promotions.
He also reached 7 million Instagram followers, which are worth another $50,000 or so in promotions (although Lil Pump has yet to do any promotions on his Instagram page). He also got to hundreds of millions of listens on SoundCloud.
But like many artists, most of Lil Pump’s money is not made off of records sales or even promotions. His biggest earnings come from shows. In fact, according to SongKick, he did 65 shows in 2017, many of which were sold out. In 2018, he already has several concerts lined up. Depending on the size of the concerts, those would have earned him anywhere from $10,000 to over $100,000 per event.
In total during 2017, we estimated Lil Pump’s net worth at around $200,000. Here’s what we said then:
For now, Lil Pump doesn’t quite hold the status of a mega rap artist, though, he is gaining traction at an enormous pace. He has a cool 349,000 followers on Twitter and over 2.4 million followers on Instagram. After taking a look at some of his assets, show money and more, we estimate that the Lil Pump Net Worth in 2017 was approximately $200,000.
However, in 2018, that number has jumped significantly. With his current deals and touring, we estimate Lil Pump’s 2018 net worth was $2-3 million. But that was not the shocking part. With more and more sold out shows, and a lucrative Warner Bros. contract, we estimated that Lil Pump’s net worth in 2020 will be $15 million plus. That’s quite a windfall.
Update: Lil Pump’s deal with Warner Bros. has been canceled, apparently because he was a minor when he signed it. According to TMZ, he received a total of about $350,000 as an advance from Warner, but he’s now a free agent. And it’s rumored that he’s being courted with deals up to $12 million. That would put his net worth at $8 million to $10 million.