Reports of Tyga’s financial problems are commonplace, but is the “Rack City” rapper really in trouble, or is he racking up the cash?
The conventional wisdom that he sponges off girlfriend Kylie Jenner, or that Tyga is broke or in debt to creditors isn’t entirely fictitious.
It also isn’t completely accurate. Allow us to explain …
Despite some questionable dealings that have made his financial status a controversial subject, Tyga is not doing badly for himself.
By a long shot. As of last year, Tyga’s net worth is …
… at least $12 million, if not considerably more!!
In 2016 alone, Tyga earned about $9 million in album sales, mixtape and compilation sales, and singles as a lead and featured artist.
That’s rather amazing, since his last album, 2015’s The Gold Album: 18th Dynasty, sold under 3,000 copies in its first week of release.
Sales have been steadily rising from that and previous albums (like his biggest, Hotel California), as his public profile grows, however.
T-Raww hasn’t toured since joining Chris Brown and Trey Songz’s 2015’s Between the Sheets tour, but still regularly performs at clubs.
Since 2008, he’s performed in about 580 shows, earning upwards of $7 million from those concerts, even if they’re at smaller venues.
YouTube, meanwhile, remains a more lucrative place for artists and stars – who earn money based on views – than a lot of people realize.
The rapper earns about $8 per view (!) on both of his channels, Tyga and TygaVEVO, producing another estimated $7 million annually.
Beyond that, he enjoys a number of lucrative endorsement deals with brands like Porsche, SOL Headphones, Foot Locker, and Reebok.
Those deals were good for another $6 million last year.
Then there’s all of the merchandise (shirts, hats, his shoe line T-Raww, etc.) sold at his concerts and at his online shop, Last Kings.
Approximate haul from that in 2016? A nice $1.5 million.
We’re talking annual earnings of $20-30 million, though living in California and in the top tax bracket federally, he’s out 53 percent of that.
Tyga’s net worth is both higher and lower than you’d think, in other words, when you consider he still earns about $10-12 million after taxes.
He also has considerable expenses such as child support, rent, and a lavish lifestyle, so he’s not pinching pennies to build net worth.
Reports of Kylie paying off his debts, however, are more than likely greatly exaggerated if not completely false. Speaking of his girlfriend …
Kylie Jenner is often thought of as the breadwinner in this relationship, but her 2016 after-tax earnings are estimated at $14-18 million.
Not too much more than her rapper beau, all told.
There are plenty of reasons (see gallery below) that fans may think Kylie can do better, but Tyga freeloading or using her for money?
We’re gonna go ahead and say it’s a non-factor.
Yes, Kylie Jenner’s net worth may be higher and likely hasn’t even come close to peaking, so she still wears the pants in the relationship.
Tyga’s not going bankrupt anytime soon, though, especially as long as he remains in the Keeping Up with the Kardashians star’s orbit.
No one is suggesting he’s using Kylie, but merely being associated with a wildly popular young star helps his image – and bank account.