What Is Rich the Kid’s Net Worth?
As of today, February 27, 2025, Rich the Kid, the American rapper, boasts a net worth estimated at $4 million. This valuation reflects his multifaceted career, encompassing earnings from music releases, collaborations, and his entrepreneurial ventures, notably the establishment of his own label, Rich Forever Music.
Early Career and Musical Beginnings
Born Dmitri Leslie Roger on July 13, 1992, in Queens, New York City, Rich the Kid’s journey into the music industry commenced in his teenage years. His family background includes Haitian heritage, and he grew up speaking Haitian Creole. His early influences spanned iconic figures in rap such as Nas, Jay-Z, 2Pac, Notorious B.I.G., T.I., and Young Jeezy, shaping his aspirations and style. He began rapping under the moniker “Black Boy Da Kid”, subsequently changing his name to “Rich the Kid.” He moved back to New York City to attend Elmont Memorial Junior-Senior High School.
Mixtape Era and Collaborative Projects
Rich the Kid’s career gained momentum with the release of his debut solo mixtape, “Been About the Benjamins” in 2013. This was followed by the collaborative mixtape series “Streets On Lock” with Migos. Four volumes of this series were released between 2013 and 2015. In August 2014, he dropped his second solo mixtape, “Feels Good 2 Be Rich,” which featured guest appearances from Migos, Young Thug, Jeremih, and others. November 2014 saw the release of the single “On My Way,” featuring Bobby Shmurda and Rowdy Rebel. December 2014 brought his third mixtape, “Rich Than Famous,” featuring artists such as YG, Migos, and Gucci Mane.
His early work displayed his ability to collaborate with prominent artists in the industry, further establishing his presence and fan base. Other mixtapes include “Still On Lock” with Migos in early 2015, followed by “Flexin’ on Purpose” in August 2015. “Flexin’ on Purpose,” featured 14 tracks and other artists like Young Dolph, Rich Homie Quan, Fetty Wap, and Ty Dolla $ign. In November of that year, he released “Whip It” with iLoveMakonnen, an eight-track tape with guest spots from Rome Fortune, Migos, T-Wayne, and Key!” On Christmas Eve, he released “Dabbin’ Fever,” which featured Wiz Khalifa, Migos, Skippa Da Flippa, 21 Savage, and Kodak Black, among other artists. Subsequent mixtapes such as “Trap Talk” (April 2016) and “Keep Flexin” (October 2016) further cemented his status in the mixtape circuit.
Mainstream Breakthrough and Album Releases
In May 2017, Rich the Kid’s career reached a new height when he was featured on Diplo’s track “Bankroll” alongside Rich Brian and Young Thug. A significant turning point came in June 2017 when he officially signed with Interscope Records. His single “New Freezer,” featuring Kendrick Lamar, was released in September 2017, marking a significant commercial success and earning Platinum certification by the RIAA in March 2018. This success paved the way for his debut studio album, “The World is Yours,” released in March 2018. The album boasted an impressive lineup of guest appearances, including Lil Wayne, Swae Lee, Quavo, Offset, Khalid, Kendrick Lamar, Rick Ross, Trippie Redd, Future, Chris Brown, and Jay Critch.
His second album, “The World is Yours 2,” was released in March 2019 and debuted at number four on the US “Billboard 200” charts. In December 2019, Rich the Kid transitioned from Interscope Records to Republic Records. March 2020 saw the release of his third album, “Boss Man.” Later, he signed with Empire Distribution. In 2021, he signed a multi-million dollar deal with Rostrum Records. In October, he released a collaborative mixtape with Lil Wayne called “Trust Fund Babies.” In March 2022, he signed with RCA Records.
Rich Forever Music
In addition to his own recordings, Rich the Kid founded Rich Forever Music, expanding his influence within the music industry as a label owner and entrepreneur. The label has featured artists like Jay Critch and Famous Dex.
Collaborations and Feuds
Rich the Kid has collaborated with a variety of artists throughout his career. These collaborations, along with his solo work, have contributed to his earnings and exposure in the music industry. Notably, his feud with Lil Uzi Vert in 2018, sparked by a Twitter exchange and leading to diss tracks and a physical altercation, generated significant media attention.
Real Estate and Assets
While specific details regarding Rich the Kid’s real estate holdings are not publicly available, it’s common for artists with his level of success to invest in properties. The values of these assets fluctuate based on market conditions and property management.
Automobile Collection
Details on Rich the Kid’s specific car collection are not currently available. However, it is not unusual for a celebrity to own multiple luxury vehicles that may appreciate or depreciate with time.
Legal Matters and Controversies
Legal issues and controversies can sometimes affect an artist’s earnings and net worth. Information regarding past legal matters, particularly those involving Antonette Willis (his ex-wife) and the incident at Tori Hughes’ home in 2018, along with the February 2019 robbery and shooting outside a recording studio in West Hollywood, California, can affect one’s net worth.
Income Streams
Rich the Kid’s income streams are diverse and include:
- Music Sales and Streaming: Revenue from album and single sales, as well as royalties from streaming platforms like Spotify, Apple Music, and Tidal. The exact figures vary based on popularity and contract terms.
- Live Performances: Earnings from concerts, tours, and festival appearances. Fees can range from tens of thousands to hundreds of thousands of dollars per performance, depending on the venue and audience size.
- Publishing Rights: Income from songwriting and publishing royalties, which accumulate each time his music is played on the radio, in movies, or commercials.
- Merchandise Sales: Profit from selling branded merchandise, such as clothing, accessories, and other items.
- Endorsements and Sponsorships: Payments from brands for endorsing products or services. These deals can range from a few thousand to several million dollars, depending on the brand and scope of the endorsement.
- Record Label Revenue: Revenue from his record label, Rich Forever Music, generated through signing and promoting other artists.
- Investments: Earnings from investments in stocks, real estate, or other ventures. Specific details are not publicly available.
Net Worth Fluctuations
It is important to note that net worth is an estimate and can fluctuate significantly due to various factors such as new releases, tour revenue, investments, taxes, expenses, and changes in the value of assets. Therefore, the $4 million figure is a snapshot in time and may not reflect his current net worth precisely.