Gucci Mane, born Radric Davis, is a well-accomplished and listened to rapper who can’t seem to catch a break. Since starting his rapping career, his best-selling album managed to peak at #1 on Billboard’s Top Rap Albums. He was just released from a long stint in prison after a string of concurrent sentences for gun and assault charges, but that hasn’t stopped him from producing more music.
Despite having an unfortunately long residency in jail, Gucci has continued to produce music. He’s even been able to team up with up-and-coming Atlanta rappers like Raury. As a result, Gucci probably continues to maintain a little bit of his earnings while he’s locked up.
But here are some things that don’t add up about Gucci’s earnings. In 2010, Forbes gave him the honor of #20 on its list of “Hip-Hop Cash Kings.” Forbes estimated he raked in $5,000,000 that year alone.
However, just a year later, when Gucci went to court after being sued for child support payments and had to disclose his monthly earnings, he somehow only made $28,000 a month, or $300,000 a year.
While some websites have speculated that his legal troubles and poor spending habits could have amounted to his incredibly reduced income, by just taking a quick look at his assets, we don’t think Gucci is doing too bad, especially since he can’t do much spending in jail. Some reports claim he made up to $1,300,000 his first year in prison alone.
In 2013, only a short amount of time before he actually began his prison sentence, he debuted his Bentley Mulsanne. Fellow ATL rapper T.I. owns a very similar car, and his cost him upwards of $380,000. So you mean to tell us that Gucci bought a car that costs more than his 2011 earnings right before he went to prison? Yeah, right.
Gucci also owns an equally expensive Ferrari, and let’s not forget he’s adorned his teeth with gold, twice. We can’t find the numbers on what he approximately spent on this kind of procedure, but that kind of frivolous luxury is obviously not cheap.
All in all, some media outlets are reporting that Gucci Mane has been reduced to a lowly net worth of only $100,000-$500,000. By our estimates and considering absolutely no sign of financial trouble before entering prison, the estimate is likely a lot higher.
Gucci Mane is most likely
considering all of the high-valued property he owns and also considering he still makes over a million in jail.
Update: Gucci was released from prison on May 26th and ALREADY put out a new track with Drake which is getting a ton of attention following Drake’s release of the album of the summer, Views.
Prior to his release with Drake, Gucci released a track right out of prison appropriately titled “First Day Out Tha Feds” and hit over a million views.
Billboard also reports that Gucci is slated to release a long-anticipated clothing line.
Despite his financial and judicial woes, we think Gucci is on track to raise that net worth in summer ’16.