Net Worth Ranker
What is Metro Boomin’s Net Worth?
Metro Boomin, the influential American record producer and songwriter, boasts a substantial net worth estimated at $45 million. This impressive figure is primarily derived from his prolific music production career, strategic catalog sale, and real estate investments.
Sources of Metro Boomin’s Net Worth
Metro Boomin’s wealth accumulation can be attributed to several key factors. His success as a music producer, particularly in the realm of Atlanta trap and hip hop, has generated significant revenue through royalties and production fees. He gained significant recognition for his collaborations with prominent artists such as Future, Migos, Gucci Mane, 21 Savage, and ILoveMakonnen, resulting in numerous top-20 hits. Productions such as “Karate Chop” by Future featuring Lil Wayne, “Honest” by Future, “I Won” by Future featuring Kanye West, “Tuesday” by ILoveMakonnen featuring Drake, “3500” by Travis Scott featuring Future and 2 Chainz, “Blow a Bag” by Future, “Where Ya At” by Future featuring Drake, and “Jumpman” and “Big Rings” by Drake and Future have significantly contributed to his financial success. The sheer volume of his work, coupled with the commercial success of his collaborations, has established him as a highly sought-after and well-compensated producer.
A substantial portion of Metro Boomin’s net worth stems from the strategic sale of a portion of his publishing catalog. In April 2023, he sold a stake in his catalog to Shamrock Capital for a reported $70 million. This move allowed him to capitalize on the long-term value of his compositions while retaining a portion of his publishing rights. The $70 million windfall significantly boosted his financial standing and provided him with capital for further investments and ventures.
Beyond his music career, Metro Boomin has ventured into real estate, further diversifying his assets. In March 2022, he acquired a home in Bell Canyon, California, for $4.9 million. This property represents a tangible asset that contributes to his overall net worth. The location in Bell Canyon is known for its affluent residents and upscale properties, suggesting that this investment is likely to appreciate in value over time.
Career Highlights and Earnings
Metro Boomin’s career trajectory is marked by a series of milestones that have significantly impacted his earning potential. His role as executive producer on Future’s mixtape “Monster” in 2014 and his production of the single “I Won” from Future’s album “Honest” were pivotal moments in his ascent. These projects elevated his profile within the hip hop community and led to further high-profile collaborations. Similarly, his involvement as executive producer on Future and Drake’s collaborative mixtape “What a Time to Be Alive” in 2015 solidified his reputation as a top-tier producer.
The year 2016 was particularly fruitful for Metro Boomin, as he produced several charting hits, including “Bad and Boujee” by Migos and “X” by 21 Savage. He also released the collaborative EP “Savage Mode” with 21 Savage, which further expanded his fanbase and solidified his position as a leading figure in the trap music scene. These successes translated into increased demand for his production services and higher earnings.
In 2018, Metro Boomin released his debut studio album, “Not All Heroes Wear Capes,” which debuted at number one on the Billboard 200. This album, featuring guest appearances by prominent artists such as Gucci Mane, Young Thug, Gunna, Drake, 21 Savage, and Travis Scott, was a commercial triumph. The success of “Not All Heroes Wear Capes” not only boosted his album sales and streaming revenue but also enhanced his reputation as a solo artist and producer.
Metro Boomin’s collaborations with The Weeknd on the album “After Hours” in 2019, where he produced four tracks including the number-one hit single “Heartless,” further expanded his reach and influence. His involvement in such high-profile projects has consistently elevated his earning potential and solidified his status as one of the most sought-after producers in the music industry.
Early Life and Career Beginnings
Born Leland Tyler Wayne on September 16, 1993, in St. Louis, Missouri, Metro Boomin’s early life laid the foundation for his future success. He began his musical journey in middle school, playing bass guitar in the school band. At the age of 13, he started making beats, marking the beginning of his exploration into music production. These early experiences provided him with the fundamental skills and knowledge necessary to pursue a career in music.
During his time at Parkway North High School, Wayne utilized social media to connect with established hip hop artists. His mother played a crucial role in his early career, frequently driving him from St. Louis to Atlanta to collaborate with artists he had corresponded with online. This dedication and support allowed him to network and gain valuable experience in the industry. Among the first artists he worked with was Tay Don, which led to collaborations with Gucci Mane, OJ Da Juiceman, and Future, marking significant early milestones in his career.
After graduating from high school, Wayne moved to Atlanta to attend Morehouse College as a business management major. However, after a semester, he decided to take a hiatus to focus on a full-time career in music. This decision demonstrated his commitment to his passion and his belief in his potential for success. In 2013, under the stage name Metro Boomin, he released his debut mixtape “19 & Boomin,” which served as a launching pad for his career. These early career decisions played an important role in increasing his net worth.
Real Estate Investments
Metro Boomin’s investment in real estate contributes to his overall financial portfolio. The $4.9 million home he purchased in Bell Canyon, California, in March 2022 is a notable asset. While specific details about the property’s square footage, number of bedrooms and bathrooms, and unique features are not publicly available, the location alone suggests a high-end residence. Bell Canyon is known for its exclusive gated community, equestrian trails, and scenic views, attracting affluent residents seeking privacy and luxury.
Investing in real estate can provide long-term financial security and potential appreciation in value. Given the desirability of Bell Canyon and the general trend of rising property values in Southern California, it is likely that Metro Boomin’s investment will prove to be a sound financial decision. Real estate investments like this is a very solid way to keep increasing his net worth.
Other Ventures and Collaborations
In addition to his individual successes, Metro Boomin has been involved in numerous collaborative projects and ventures that have contributed to his financial standing. In June 2017, he established his own record label, Boominati Worldwide, in partnership with Universal Music Group and Republic Records. This venture allows him to sign and develop new artists, further expanding his influence and potential revenue streams within the music industry. By owning and operating his own label, Metro Boomin has greater control over his creative output and financial gains.
Metro Boomin’s brand extends beyond music production. In early 2018, he was featured alongside rapper SZA in a campaign for the retailer Gap. The campaign included Metro’s self-produced remix of the Thompson Twins song “Hold Me Now.” Such endorsements and collaborations with major brands can generate significant income and increase his visibility to a wider audience. These outside of the music industry ventures contributes to increasing his net worth.
While a collaborative album with Young Thug titled “Metro Thuggin'” never officially materialized, the anticipation and hype surrounding the project generated buzz and further solidified Metro Boomin’s reputation. Even unreleased projects can contribute to an artist’s overall brand value and earning potential. In the end, his success in the music industry is the main reason for his high net worth.
