Machine Gun Kelly Net Worth: The Rise of a Rap Icon
Machine Gun Kelly, whose real name is Colson Baker, is an American rapper, singer, and songwriter. Born on April 22, 1990, in Houston, Texas, Kelly rose to fame in the mid-2010s with his rapid-fire flow and introspective lyrics. Over the years, he has built a successful music career, earning a significant amount of wealth. So, what is Machine Gun Kelly's net worth?
Early Life and Career
Kelly grew up in a troubled home, often finding solace in music. He started rapping at the age of 14 and released his debut mixtape, "Stamp of Approval," in 2006. Despite facing numerous setbacks, including a stint in jail, Kelly persevered, releasing several mixtapes and eventually signing with Bad Boy Records in 2011.
Breakthrough and Success
Kelly's breakthrough came in 2012 with the release of his debut studio album, "Lace Up." The album spawned the hit single "Wild Boy," which peaked at number 98 on the US Billboard Hot 100 chart. His subsequent albums, "General Admission" (2015) and "Bloom" (2017), further solidified his position in the rap world.
In 2018, Kelly released the EP "BINGE," which featured the hit single "Rap Devil," a diss track aimed at Eminem. The song generated massive attention, with many praising Kelly's lyrical prowess. His fourth studio album, "Hotel Diablo," was released in 2019 to critical acclaim.
Net Worth
According to various sources, Machine Gun Kelly's net worth is estimated to be around $10 million. His wealth comes from a combination of album sales, touring, merchandise, and endorsement deals.
Sources of Income
- Music Sales: Kelly's albums and singles have been certified gold and platinum by the RIAA, generating significant revenue.
- Touring: He has embarked on several successful tours, including the "Lace Up" tour and the "Hotel Diablo" tour.
- Merchandise: Kelly sells merchandise, including clothing and accessories, on his website and at concerts.
- Endorsement Deals: He has partnered with brands such as Reebok and Young & Reckless.
Investments and Assets
Kelly has invested in several ventures, including:
- EST 19XX: His record label, which has signed artists such as Dub-O and Tezo.
- Real Estate: He owns properties in Cleveland and Los Angeles.
- Cars: Kelly is known for his exotic car collection, which includes a Lamborghini and a Ferrari.
Conclusion
Machine Gun Kelly's net worth is a testament to his hard work and dedication to his craft. From his humble beginnings to his current status as a respected rapper, Kelly has built a successful career that continues to thrive. As he expands his horizons, his net worth is likely to increase exponentially.