Moneybagg Yo Net Worth: Rapper Doesn't Have Much Money Bags

It appears that Moneybagg Yo’s wealth is not at all what it seems to be. The rapper’s net worth is estimated to only be around $1 million.

Rappers flex money in their music videos. They are often seen wearing ridiculous jewelries and driving around fancy cars. They portray what it means to be living the life to the fullest, with multimillion mansions and expensive collections such as shoes and vintage cars. While more established rappers in the industry such as Dr. Dre and Kanye West can flaunt their wealth and actually have the evidence to back it up, other rappers who are just starting to make a name for themselves cannot say the same thing yet.

Moneybagg Yo is one of the upcoming artists who has shown potential in recent years. Although the American rapper and songwriter has been releasing mixtapes since 2012, he has only entered the mainstream in 2016 after releasing his album “Federal Reloaded,” which featured Young Dolph and OG Boo Dirty, per All Music. The year 2017 would become his breakout year with “Heartless,” which made the Billboard 200 chart.

The 28-year-old would soon release albums after albums, each faring better than the last one. Among the mixtapes under his credit are “ELO (Everybody Lives On),” “2 Federal,” and “2 Heartless.” According to Billboard, due to his collaboration with Yo Gotti, whom he considers a mentor, Moneybagg Yo decided to join the Roc Nation family founded by hip hop legend Jay Z. For Moneybagg Yo, it was just the next step of the evolution of his career. He formerly signed for Yo Gotti’s record label Collective Music Group in 2016.

Born Demario DeWayne White, Jr., the rapper has several hits such as “U Played,” “All Dat,” “No Sucker,” and “Me vs Me.” He was arrested in 2016 for weapons and drug charges, Celebrity Net Worth has learned. A year later, he was involved in a shooting incident in New Jersey.

With his checkered past behind him, the Memphis, Tennessee native is ready to make great music again. He released “Time Served” in January 2020. It contains 15 tracks produced by different people such as Tay Keith, YC and Lil Baby.

On the personal side, Moneybagg Yo reportedly has several children from different relationships, but he is currently dating Ari Fletcher. Fans are wowed at what the rapper has done to please his girlfriend as he gifted her a new Lamborghini Urus SUV for her birthday. The hitmaker is set to appear in the film “24 Hours” and claims he is going to invest in real estate properties this year.