Caleb Bankston, better known by his stage name Moneybagg Yo, has been active in the rap game since 2014, and he has gained quite some popularity. Despite being only 23 years old, the rapper has already earned an estimated net worth of $1 million, and this doesn’t seem like something that will stop growing any time soon. So how rich will Moneybagg Yo be in 2021? Check out our analysis below!
Moneybag Yo grew up in Bogalusa, Louisiana. He started rapping at an early age of 12 years. His passion for music was evident by his non-stop rhyming. While he was young, Moneybag dropped out of school due to his hate towards education and distractions from his peers which resulted in a series of fights between him and other students. This made it impossible for him to concentrate on school work and hence dropped out. He later took admission into El Camino Community College where he first developed a liking towards rapping and music production using FL Studio by watching tutorials online about such topic. The college did not recognize rap as a major for study since there was no class related to music production or singing that he could take up as long as he wanted to study there.
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Every Moneybagg Yo album is solid and he seems to be getting better with each project. The latest one, 3For10 was a surprise as he decided to turn down most of his features and made up for it by having more of his own vocal hooks and choruses, showcasing his improvement. I honestly can’t wait for an album like Life After Fame, which will hopefully show Moneybagg’s growth throughout these past 5 years as a musician. It’ll probably be every bit as good as My Favorite Murder (if not better). He has basically limitless potential and we get to see him grow before our eyes. And I’m very excited to see what kind of music that growth leads him into producing next.
As a rapper, Moneybagg began his career under Youngsta’s record label Paid in Full Records. He joined Memphis, Tennessee-based rapper Yo Gotti’s Collective Music Group. And to boost his music sales and popularity, he collaborated with other popular artists including Future, Quavo and Gucci Mane. In 2016 alone, he launched a handful of successful singles: Twerk Team (featuring Jeremih), Bag It Up (featuring Lil Yachty) and We Want Smoke. Although these records did well on SoundCloud, they failed to make a lasting impression on streaming platforms like Spotify or Apple Music.
1.6 million (in 2019)
Awards And Achievements
Moneybagg Yo is known for his lyricism and entrepreneurial skills. He has been nominated for several awards such as Source Award, BET Hip Hop Awards and MTV Video Music Awards. Moneybag won two award from HipHopDX: The Artist of The Year (in 2018) and The Upcoming Hip Hop Artist of The Year (in 2017). Moreover, he also got Nominated as XXL Freshman in 2017 which led him to become a successful rapper of his time. Moneybag yo net worth is $1 million USD which can be doubled by 2020 or 2021. That’s how he reached fame.
Moneybagg Yo’s House & Cars Collections
MoneyBagg Yo’s net worth is $2 million. Born and raised in Tennessee, he moved to Los Angeles when he was 17 years old. Yosinski currently resides with his longtime girlfriend and daughter at an apartment he rents for $1,300 per month. The only rapper that has a Lamborghini car worth $280K, Moneybagg owns it along with a Mercedes Benz car worth $30K and Rolls Royce Wraith costing around $150K. Aside from having so many cars, Yosinski also has more than 5 houses. One of his home located in Memphis is spread on 1 acre of land where it spans 4 bedrooms and 5 bathrooms with 7 cars parked inside.
Last Updated on December 25, 2021
Andrew Smith is a professional News researcher and writer. He has been writing latest tending news articles for various news agencies.