Lil Pump Net Worth: How Did a Gucci Gang Singer Becomes a Millionaire?

Lil Pump is a rapper, producer, and songwriter from the United States. The song “Gucci Gang,” which went viral, brought him a lot of attention. Well, that and the crazy colors in his hair. The highest the song got on the Billboard Hot 100 was #3.

He was recently in the news because he was arrested after shooting a gun in his own home by accident. Yes… accidentally. and we wonder why so many people get hurt by guns in the US…

Early Life of Lil Pump

Net Worth: $8 Million
Age: 21
Born: August 17, 2000
Gender: Male
Height: 1.68 m (5 ft 6 in)
Country of Origin: United States of America

Lil Pump was born Gazzy Garcia on August 17, 2000, in Miami, Florida. Garcia’s Colombian parents separated when he was six years old. At the age of 13, Garcia’s cousin Lil Ominous introduced him to Omar Pineiro, also known as Smokepurpp, and the two began working together. Garcia enrolled at an alternative high school after expulsion from various school systems. However, in the tenth year, he was expelled for fighting and causing a riot.

Personal Life of Lil Pump

Garcia has declared on social media that he cannot read due to his dyslexia.

In February 2018, Pump was arrested for discharging a firearm in a populated area. According to his manager, three individuals attempted to break into his home in the San Fernando Valley before opening fire on the front door. The police then determined that the bullet may have originated from within the residence and returned with a search warrant, subsequently discovering an unloaded handgun underneath the balcony and ammunition elsewhere in the residence. The mother of Garcia was then investigated for endangering a child and keeping an unlocked handgun in the residence.

lil pump net worth

After a few months, Garcia was detained in Miami for driving without a license. Garcia’s manager announced in October 2018 that the rapper had served a prison term for a parole violation in relation to the event, but did not disclose any other information. Following a performance in Vega, Garcia was detained in Copenhagen for possession of marijuana in December of the same year. A $700 fine and a two-year ban on entering the country were imposed on him.

Net Worth of Lil Pump

Lil Pump has a net worth of $8 million. He is an American rapper and songwriter. He is a well-known rap artist on SoundCloud. When he got millions of streams on Soundcloud, he became well known. Gazzy Garcia is his real name, but he has also been called Trapper of the Century.

Also Read: Rick Caruso Net Worth: How Did He Achieve A Net Worth of $4Million?

Career Life of Lil Pump

Smokepurpp made a track and asked Lil Pump to freestyle over it. This was the start of Lil Pump’s career. It was made by himself and put out on SoundCloud in 2016 as his first single, called “Lil Pump.” The singles “Elementary,” “Ignorant,” “Gang Shit,” and “Drum$tick” came after that. Each of these songs was listened to by more than three million people. His huge success on SoundCloud made him known in the underground South Florida rap scene. His style of rap is called “SoundCloud rap.”

In 2016, he co-led the No Jumper tour and played at the Rolling Loud Festival. In 2017, Garcia released the singles “D Rose” and “Boss,” which were big hits on SoundCloud and got a total of 70 million streams. Cole Bennett, who goes by the stage name Lyrical Lemonade, made a music video for “D Rose” because it was so popular. The music video was put on YouTube in January 2017, and by July of 2018, it had been watched more than 145 million times.

lil pump net worth

On June 9, 2017, just two months before he turned 17, Pump signed a record deal with The Lights Global and Warner Records. But in January 2018, his contract with Warner Bros. Records was canceled because he was a minor when he sang. Garcia said on Twitter in July 2017 that he was making an album and that it would be out in August. But it was pushed back, and Lil Pump instead came out with “Gucci Gang,” which became his first song to make the Billboard Hot 100.

In 2017, Lil Pump released his self-titled debut mixtape, which went to #2 on the US Rap and US R&B/Hip-Hop charts and #3 on the Billboard 200 chart. “Gucci Gang” was his most popular song, and it got to #3 on both the US Rap and US R&B/Hip-Hop charts. The RIA of America said the song was gold on January 11, 2018, and triple platinum in July of the same year. “Lil Pump,” Garcia’s first studio album, came out on October 6, 2017.

On the album, he is joined by his friend Smokepurpp and rappers Gucci Mane, Lil Yachty, Chief Keef, Rick Ross, and 2 Chainz. Lil Pump has also done well with hits like “Back” (which features Lil Yachty) and “Iced Out.”

lil pump net worth

Pump had more than 11 million YouTube subscribers and just under 2 billion YouTube views as of September 2018. He has also listened to more than 1 billion times on Spotify. On September 22, 2018, his song with Kanye West, “I Love It,” went straight to the top of the streaming songs chart. In its first week, the song was played 46 million times, and it went straight to No. 1 on the Canadian Hot 100. In August 2018, he announced a tour to promote his new album, “Harverd Dropout,” which hadn’t come out yet. However, the tour was canceled a month later because of “unexpected circumstances.”

In October 2018, “Multi Millionaire” by Lil Pump and Lil Uzi Vert came out as a single. “Be Like Me,” a song by Garcia that features Lil Wayne, came out in February 2019 along with a music video. Garcia sang the song on “Jimmy Kimmel Live!” on February 25, 2019, when he was a guest. “Harverd Dropout,” his second studio album, came out on February 22, 2019. Kayne West, Lil Wayne, Smokepurpp, Lil Uzi Vert, 2 Chainz, Offset, Quavo, and YG all have songs on the album.

Contracts Signed by Lil Pump

Lil Pump signed a recording contract with Warner Brothers in March 2018, which included an $8 million advance. The rapper is then paid $9,000 in the first year, $12,000 in the second, and $15,000 in the third through seventh years of the deal. Those are not mistakes. He was also handed a 14% royalty share in the United States, which is substantially greater than average.

lil pump net worth

Furthermore, in some sales formats, the rapper will receive 66% of his royalties. To be clear, a $8 million advance means Pump will be unable to earn any more money until his debt is repaid. And if the money is not returned for any reason, it will be extremely difficult to get another job.

Final Words

Lil Pump was born Gazzy Garcia on August 17, 2000, in Miami, Florida. He is a rapper, producer, and songwriter from the United States. In February 2018, Pump was arrested for discharging a firearm in a populated area. Lil Pump served a prison term for a parole violation in October 2018. Lil Pump is an American rapper and songwriter.