Lil Yachty Biography and Net Worth: From Mumble Rapper to Hip-Hop Royalty

Lil Yachty

Discover the life and career of Lil Yachty, the talented and controversial rapper who rose to fame with his catchy tunes and colorful style. Find out how he became one of the richest young artists in the industry and what makes him so popular among his fans.

Lil Yachty, also known as Miles Parks McCollum, is an American rapper, singer, and songwriter who has taken the music world by storm with his unique style and sound. Born in 1997 in Atlanta, Georgia, he started his career in 2015, releasing his debut mixtape “Lil Boat” on SoundCloud, which quickly gained him a massive following and critical acclaim.

Since then, Lil Yachty has become one of the most sought-after artists in the industry, collaborating with some of the biggest names in hip-hop and pop music, including Drake, Chance the Rapper, and Post Malone. He has also made headlines for his flamboyant fashion sense, bright red hair, and controversial statements, which have divided critics and fans alike.

But what is Lil Yachty’s net worth, and how did he achieve such success at a young age? In this article, we will take a closer look at his biography, career milestones, and financial achievements, to answer these and other burning questions about this rising star.

Early Life and Family Background

Lil Yachty was born on August 23, 1997, in Mableton, Georgia, to Shannon McCollum and Venita McCollum. He grew up in a middle-class family with two siblings, and his parents worked hard to provide for their children, despite facing financial difficulties and health issues.

As a child, Lil Yachty was fascinated by music and loved to listen to various genres, from classical to hip-hop. He also showed an interest in fashion and often experimented with different styles and outfits, even though he was teased by his classmates for his flamboyant appearance.

Education and Early Career

After graduating from high school, Lil Yachty attended Alabama State University but dropped out after only a few months, as he realized that his true passion was music. He moved back to Atlanta and started making beats and recording songs with his friends, using a computer and a microphone.

At first, Lil Yachty’s music was not taken seriously by the industry, and he struggled to gain recognition and exposure. However, he persevered and continued to upload his tracks on SoundCloud, where he eventually caught the attention of the label Quality Control Music, which signed him in 2016.

Breakthrough and Major Projects

With the support of Quality Control Music, Lil Yachty released his second mixtape, “Summer Songs 2,” in 2016, which featured collaborations with artists like Lil Uzi Vert, Offset, and 21 Savage. The mixtape received positive reviews and helped Lil Yachty gain even more fans and followers, who appreciated his quirky and upbeat style.

In the following years, Lil Yachty continued to release successful projects, including his debut album “Teenage Emotions” (2017), which reached the top 5 of the US Billboard 200, and his mixtape “Lil Boat 2” (2018), which debuted at number two on the same chart. He also ventured into acting, appearing in films like “How High 2” (2019) and TV shows like “Dave” (2020).

Lil Yachty Net Worth

Now that we’ve explored Lil Yachty’s biography and career, it’s time to turn our attention to his net worth, which is an impressive reflection of his success in the industry.

According to Celebrity Net Worth, Lil Yachty’s estimated net worth as of 2023 is around $20 million, making him one of the richest young artists in the game. This is thanks to his various streams of income, including album sales, touring, merchandise, brand endorsements, and acting gigs.