Micheal Ray Stevenson, commonly known as Tyga, is an American singer, rapper, songwriter, actor, and television personality. Tyga was born on November 19, 1989 and his name is an acronym for Thank You God Always. He began his music career early in the 2000s by releasing mixtapes and demo tapes. Between 2010 and 2013, he had already signed several recording contracts with some of the biggest labels in the music industry. Since then, many people have always wanted to know more about him and the type of music he releases. That also means people want to know Tyga net worth.
Tyga is an American rapper who has released a couple of music albums including No Introduction and Hotel California. He is of Jamaican and Vietnamese descent and grew up in California. Apart from music, he is also an actor. His acting career began in 2010 when he appeared in the film Mac & Devin Go to High School, playing the role of Student. Although he has appeared in several movies, it is his music career that has brought him fame and fortune.
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How much is Tyga the rapper worth?
If you’ve seen the cars, property, and luxurious lifestyle on his social media account, you might be wondering how much is Tyga worth? Well, according to Celebrity Net Worth, the rapper has a net worth of $3 million. The amount comes from various sources including:
Record and album sales
Since 2008, Tyga has released six albums including:
- No Introduction – 2008
- Careless World: Rise of the Last King – 2012
- Hotel California – 2013
- The Gold Album: 18th Dynasty – 2015
- BitchImTheShit2 – 2017
- Kyoto – 2018
Of the six albums, Careless World: Rise of the Last King, was his most successful. According to HipHopDX, an online magazine for hip hop music news and criticism, the album had already sold 290,000 copies by the week ending 26/8/2012. Wikipedia also shows over 340,000 copies had been sold by April 2013.
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The album Hotel California sold over 84,000 copies within its third week of release. Despite the success of the two albums, The Gold Album: 18th Dynasty and No Introduction performed dismally both in the charts and commercially. The former sold less than 5,000 copies within the first week of its release while the latter sold about 7,000 copies.
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Apart from the above studio albums, the rapper has also had a collaborative album with Chris Brown. The album, titled Fan of a Fan: The Album (2015), sold over 72,000 copies after one month of its release. Over 16 million people had also streamed it in the USA.
According to Celebrity Net Worth, the rapper has sold over 600,000 albums worldwide. His digital singles have been successful with 12 million sold.
Tyga has had contracts with several music labels over the years. The most notable ones are Young Money Entertainment, Republic Records, Cash Money Records, and G.O.O.D Music. It is the four companies that have been paying his royalties.
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In 2018, the musician sued Young Money Entertainment for $10 million claiming the company had not paid him his royalties. The case is ongoing. If the outcome is positive, Tyga the rapper net worth will increase significantly.
Tyga is one of the many musicians that perform live almost every week. Album sales continue to shrink, and streams are paying out small fractions of a cent. As such, performing live music offers a way for the rapper to earn more money. One of his biggest tours came in 2015 dubbed Between the Sheets Tour.
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It was a co-headlining concert tour featuring Chris Brown, Trey Songz, and Tyga. At that time, Tyga was the supporting rapper during the concert. The three musicians were promoting two studio albums namely Trigga and X. According to Wikipedia, the tour generated revenues of over $5 million.
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Tyga has a clothing line called Last Kings. Started in 2014, the company sells men’s and women’s clothing including hoodies, track pants, and t-shirts among others. In 2015, the rapper had a dispute with Cash Money Records because of unpaid royalties.
After the fallout, he started an independent record label called Last Kings Records. Suffice to say the musician owns the two companies. Last Kings is, therefore, a brand that has contributed in part to the Tyga net worth of $3 million.
Tyga has had a good acting career since 2012. He has appeared in several movies that include:
- Mac & Devin Go to High School (2012) as Student
- Dope (2015) as De’Andre
- Barbershop: The Next Cut (2016) as Yummy
- Boo! A Madea Halloween (2016) as Rap Artist
- Once Upon a Time in Venice (2017) as Salvatore
In 2015, he started his reality TV show called Kingin’ with Tyga. The show mostly focused on the rapper’s life as he continued to work on his music career. It also chronicled his luxurious lifestyle. Only two seasons aired on MTV2 with a total of 12 episodes.
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Tyga’s place of residence has been one with many controversies. Several landlords have sued him in the past for failing to pay his rent. A former landlord in Calabasas sued him for $124,000 for rent arrears. He was also taken to court for falling behind in paying $50,000 rent.
Why the musician does not pay his rent is unknown. With a net worth of $3 million, his landlords were suing him for falling behind in paying monthly rents of $25,000. But according to E! News, the rapper has a home in Calabasas worth $6.7 million.
When it comes to cars, the rapper has some of the finest luxury vehicles ever made. His collection of cars includes:
- Mercedes SLS Coupe – $221,580
- Rolls Royce Phantom Coupe – $438,325
- Mercedes G-wagon – $115,400
- Customised Vintage Forgiato Impala
- Mercedes SLR McLaren – $452,750
- Lamborghini Aventador – $397,500
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Despite having some luxurious cars, several car rental companies sued him for failing to make his lease payments. He was sued for $44,000 for not paying the lease on a Ferrari and $84,000 for a Rolls Royce Ghost.
The Tyga net worth of $3 million has mostly come from the money he earns as a musician. He has also accumulated his wealth by venturing into business. The rapper has a clothing line, a watch line, and recently launched an adult film site. Because of his fame, he received an endorsement from Reebok worth $1.5 million. As he continues to sing, Tyga is likely to increase his net worth in the coming years.
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