Kevin Gates Net Worth

What is Kevin Gates Net Worth? Kevin Gates, better known by his stage name Killer Mike, often just referred to as simply Killer, is an American rapper and actor who was born in 1986. He was born and raised in Atlanta, Georgia where he currently resides with his family. He first became famous in 2007 when he joined the group Hustle Gang after they heard his music on MySpace, which led to him becoming a part of their first album.

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Net Worth

Kevin Gates has been quoted as saying he wants to make enough money for his children and grandchildren by 31. If we look at his net worth progress from 2016 (over $12 million) to 2018 ($16 million), that seems possible. But if we go further, looking at estimated earnings over the next decade, things get interesting. There are reports that his net worth is around $5 million as of 2019 — but there’s a growing body of evidence to suggest he will be a billionaire by 2030.

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Early Life

Kevin Jerome Gilyard was born on February 4, 1986, in Baton Rouge, Louisiana. The youngest of five children (two brothers and two sisters), he grew up in several parts of Baton Rouge with his father James and his mother Barbara. Barbara would be diagnosed with breast cancer when he was 12 years old which caused her to have multiple bouts of chemotherapy and radiation. During her treatments, Kevin began to rap and record songs by himself as a form of therapy that helped him cope with his mother’s illness. He also wrote poetry which became inspirational for both himself and others who heard him perform it around town.

Career Development

Rapper Kevin Gates career path can be traced back to his earlier days where he was surrounded by crime and legal troubles. His inspirational song, I Don’t Get Tired, got him recognized by Atlantic Records. The popularity of his music among listeners helped him receive three Grammy nominations for Best New Artist, Best Rap Album and Best Rap Song. He also appeared on XXL Magazine’s 2016 list of 2016 Freshman Class. Today Kevin has accumulated an estimated net worth of $9 million dollars which makes him one of the richest rappers at present. Let us take a look at his life timeline to learn more about his accomplishments…

Awards and Honors

In 2010, he won an award for Collaboration of the Year at BET Awards. In 2012, he won an award for Best Hip-Hop Video at BET Awards. In 2014, he won an award for Performer of The Year: Non-Acting at BET Awards.

Major Sources of Income

The rapper’s money comes from two sources, his live shows and from music. In 2017, he was able to hit a whopping $12 million USD from his concerts. He has become one of Top 10 richest rappers with an estimated net worth of $15 million USD as of 2017, so it is no wonder that he keeps on selling out venues in countries like Australia and England. His six studio albums are also helping him get additional funds every year. For example, By Any Means 2 made more than $350K on sales alone in a span of a month or so when it released back in October 2016. It was able to earn him over a million dollars within its first week or so on sale.

Assets and Properties

Kevin Gates has a number of expensive properties like cars, houses and much more. In 2009, he bought a brand new 2012 Mercedes-Benz GL550 for about $87,000. In addition to that, Kevin owns three Cadillacs including: A white Cadillac Escalade, a black Cadillac Escalade and an Audi R8 Spyder which cost around $50k. His total assets amount up to $22 million.

Cars Collection

Kevin is known for his passion for luxury cars. In 2011, he bought a Maserati Quattroporte. When he received his first payment from Atlantic Records, he immediately invested it on a Mercedes S600 and later on an Audi R8 which cost him $130,000. In 2016, Kevin acquired a Dodge Challenger Hellcat for $65k which was his biggest purchase up to date. He also owns two luxurious Rolls Royce Phantoms (black and white) that cost him around $300k each. His collection of cars would have been one of his greatest assets should they be sold off today; however, they can still serve as long-term investments that will hold their value over time… Read More…