Lil Durk net worth is just one more mainstream rap search term. And yes, we’re about to go deep again. It’s no surprise that hip-hop stars are among the wealthiest individuals working in the entertainment business.
Many rappers have managed to accumulate wealth as a result of their successful musical careers. Lil Durk, whose net worth is $8 million, is one such rapper. Here’s everything you need to know about how he made his money.
Lil Durk, formally known as Durk Derrick Banks, is a rap artist, singer, and songwriter from the United States. Lil Durk is the founder and lead artist of the Chicago-based rap group Only The Family (OTF).
Early Life
Lil Durk was born on October 19, 1992, in Chicago, Illinois. He spent his childhood in the rough-and-tumble Englewood neighborhood on Chicago’s South Side. His real name is Durk D. Banks, but most people know him as Lil Durk.
Durk’s childhood was somewhat deprived after his father was arrested and charged with crack cocaine distribution in 1993. Being raised in those slums is about as bad as it gets especially considering that Durk’s father Dontay Banks spent a lot of time in and out of jail when he was younger. His father was arrested and imprisoned when he was only seven months old. His mother was a nurse because of financial difficulties.
The rapper, his two sisters, and D Thang, one of his brothers were raised by his mother. It became famous for Durk to claim that his father had been detained with six bricks of crack cocaine worth about $8 million on him.
Durk revealed in one of his interviews with a magazine that his family’s food supply was inadequate when he was a teen. They had everything and lived in a nice house, but Durk’s father Dontay was imprisoned for the rest of his life after being arrested.
Dontay’s wife and his young family were forced to downsize right away and move into Durk’s grandmother’s three-bedroom house, which was already occupied by ten people. In addition, Durk developed an interest in basketball in the hopes that a career in the sport would keep him out of trouble, but his height had never really caught up to his ability or his motivation.
Durk attended Paul Robison High School and by the time he reached the tenth grade, he had come to the conclusion that the only way he could succeed was to work the streets as his father had.
Lil Durk rose to prominence on social media platforms such as YouTube and Myspace. Durk’s focus shifted to rapping as his social media channels grew in popularity. When he became a father at the age of 17, he took his rapping career more seriously.
With no money to start his rap career, Lil Durk dropped out of Paul Robeson High School and joined the Black Disciples, a Chicago-based street gang.
He faced multiple legal issues after joining the street gang, including gun charges and admitted guilt to the aggravating “unauthorized use of a weapon”.
Bio Data
| Name | Lil Durk |
| Date of Birth | October 19, 1992 |
| Age | [get_age day=19 month=10 year=1992] old |
| Occupation | Rapper |
| Nationality | American |
| Net Worth | $8,000,000 |
| Height | 5 feet 7 inches, 170 cm, or 1.7m. |
| Weight | 72 kg, or 158 pounds |
Lil Durk Net Worth [year]
The net worth of Lil Durk is $8 million US. He is one of the best rappers in the nation and has amassed a large fortune thanks to his fruitful musical career.
His primary source of income is the music industry, which includes sales of records, live performances, television appearances, streaming services, hit singles, and product endorsements.
The rapper has promoted companies including Young and Reckless clothing, Luc Belaire, and Ethika clothing. Lil Durk disclosed that he bills 100,000 for each Show Now. The Voice, his most recent album, which was released on Christmas of last year, has quickly risen to the top of the charts. Lil Durk makes about $0.5 million a year in salary.
The rapper also has a YouTube channel, which he started on March 16, 2016, and which, depending on the revenue it brings in each day, can bring in anywhere between $700,000 and $10 million per month.
Music Career
Durk Derrick Banks, better known as Lil Durk, is a rapper, singer, and songwriter from the United States. He is signed to the New York City-based record label Alamo Records, an imprint of Interscope Records. This signing came after he left Def Jam Records. Many thought he was signed to French Montana’s Coke Boys label early on, but Durk later confirmed this was a rumor.
His breakthrough single, “L’s Anthem,” was released ten years ago and featured none other than French Montana.
“Remember My Name”, Lil Durk’s debut album, was released in 2015 and reached the rank of 14 on the Billboard 200 chart. Lil Durk 2X, his second album, was released in 2016 and reached number 29 on the Billboard 200 chart. According to Complex in May 2022, Durk alone has 12 platinum and 30 gold plaques. The Voice of the Heroes, his 2021 album with Lil Baby, debuted at number one on the Billboard 200 and stayed there for a week, while 7220 did the same and stayed there for two weeks.
Durk is well-known among hip-hop fans for his ability to grow and manage his money. Durk has begun his ever-growing ascension into vast wealth following the creation of his label, Only The Family (OTF, for short). In April 2021, he launched a notably appropriate offshoot of his label, OTF Gaming. This would be one of many moves he’d make to diversify his rap money, similar to starting a trucking company. During an interview with DJ Vlad, the rapper spoke candidly about the start of this venture.
Lil Durk, like other rappers whose net worths we’ve discussed, makes a lot of money from touring.
In 2021, Lil Durk claimed that his and Lil Baby’s tour sold over 225,000 tickets, earning the rap duo $15 million USD. That’s one tour – and it’s for an album that spent half the time on the Billboard 200 as his most recent.
So, try to imagine how much money he made after 7220 performed so well. Streaming of music, radio plays, performances, features, and other content. Forget about how he resigned from Alamo after 7220’s stellar performance and flexed a $40 million label deal.
Durk has worked with a variety of brands, including Marc Jacobs, Ethika, Luc Belaire, Young and Reckless, and Beats by Dre, to name a few.
This past year has been monumental for the Chicago-born rapper, and it is only a taste of what fans can expect from him in the future.
It’s no surprise that Lil Durk has an estimated net worth of $8 million as one of the most popular rappers in the game today. That’s what the internet says, but if you read this article carefully, you’ll see how that’s likely an underestimation.
Durk has amassed a small fortune as a result of his successful music career. From his chart-topping albums to his hit singles, there’s no denying that Lil Durk is one of the hip-hop hottest names right now.
Age
Lil Durk is [get_age day=19 month=10 year=1992] old. He was born on 19th October 1992.
Personal Life
Lil Durk has six children, each from a different mother, and he became a father for the first time when he was 17 years old. The rapper hasn’t revealed much about his personal life. Bella Banks, Angelo, Zayden, Du’mier, Skylar, and Willow are among his children. Lil Durk is a Muslim.
Durk began dating social media star India Royale at the end of 2017. After nearly four years of dating, the couple got engaged in 2021. However, there were rumors of their breakup in September 2022.
Lil Durk has broken his silence following reports that he and his longtime girlfriend, India Royale, who is now his fiancée, had called it quits.
Lil Durk posted a photo and message on his Instagram Story on Monday (Sept. 12, 2022), which may have addressed the rumors that his relationship with Royale is over. “That 😻 mines 4ever welcome to death row b*%ch,” the Chicago rapper wrote alongside a selfie photo.
Durk’s claims appear to have been refuted by India Royale. She simply posted a cap emoji on Instagram Story less than an hour after Durk’s post.
Durk’s memo follows rumors that he and Royale have split after she hinted at it on social media over the weekend.
On Sunday (Sept. 11, 2022), she tweeted, “I’m a free agent.”
Fans took notice when she unfollowed Durk on Instagram, another sign that all is not well in paradise.
Lil Durk Loves Cars
Lil Durk has been able to purchase pricey automobiles for himself and has been seen in designer labels like Gucci and Louis Vuitton often.
Here we go with Lil Durk’s top 7 cars;
- One of the most potent SUVs is the Jeep Grand Cherokee Trackhawk, which he customized with a gray and red wrap and which cost about $100,000.
- He spent about $230,000 on a 2020 Lamborghini Urus in gray with a brown interior, one of the most potent SUVs in the world.
- He spent about $85,000 on a Dodge Challenger SRT Hellcat.
- He received a Rolls Royce Cullinan as a birthday present, and the SUV is worth about $400,000.
- The Lamborghini Aventador LP 700-4 costs $450,000 and is available in camo green to match his Urus.
- He spent about $100,000 to customize a Chevy Blazer Monster Truck in all black.
- He probably spent around $100,000 on this Cadillac Eldorado Custom. Lil Durk’s net worth is progressively increasing.
Losses
Durk’s father spent a lot of time in and out of jail when he was a child and was ultimately given a life sentence for his role as the Ringleader of a Crack Cocaine Operation that the Chicago Police busted.
Later, he claimed that his father Dontay had an $8 million brick on him when he was arrested. More close friends have likely died during Durk’s career than almost any other rapper.
When Durk’s friend La Capone was fatally shot in 2013 as he left a recording studio, the losses started to mount. His cousin McArthur Swindle, who was also a member of the OFT collective, was murdered just one year later.
After meeting with former Chicago Bulls player Joakim Noah, who ironically enough was said to be discussing anti-violence initiatives, Chino Dolla, Durk’s manager, was shot and killed in 2015.
When Durk thought back to the murder of his manager, this loss seemed to affect him more than any that had come before.
Durk had suffered yet another devastating loss when his brother, D Thang, was shot outside of a club in Illinois in June 2021.
Durk and his girlfriend India were brutally attacked by armed intruders who broke into their home just four weeks after the death of Durk’s brother. Thankfully, neither Durk nor India were hurt as the two quickly grabbed their weapons and exchanged fire.
Legal Issues
He began producing music for himself when he was 17 years old, and his debut mixtape, I’ma Hitta, was made available. He was detained for a DUI and fire possession shortly after his debut mixtape’s release and released from jail after a few months.
In 2011, he was stopped for having alcohol in a moving vehicle. He wasn’t arrested for drinking; rather, the police discovered him in possession of a loaded handgun.
As a result, Durk received a three-month prison term for the weapon charge. Later, he was released on bond, but he had to be sent back for violating his parole. He ended up serving a total of 87 days.
Durk was detained on a $100,000 bond after being arrested once more in 2013; this time, he was accused of using a weapon while a felon and was charged accordingly.
A few years later, in June 2013, as the police were closing in on Durk on South Green Street in Chicago, he allegedly threw a 40 Caliber handgun into a nearby parked car. He was detained on a $100,000 bond after being accused of using a weapon unlawfully while a felon. Thankfully, Durk’s attorney was able to track down nine witnesses who saw what happened and confirmed Durk’s innocence. Durk was consequently freed the following month.
Durk and his friend King Von were charged in February 2019 with murdering a man outside of an Atlanta City restaurant and stealing $30,000 in jewelry and a Jeep Cherokee.
Lil Durk would later turn himself in to the police, claiming that he was completely innocent of the crime.
However, Atlanta Police Officers testified at his bail hearing that a surveillance camera caught Durk firing a gun at the victim. Durk and Von were eventually released on bail after paying $250k and $300k, respectively.
Lil Durk Lessons
- Everything occurs for a reason
At the age of 17, Lil Durk became a father. Despite the fact that he was broke at the time, his new fatherhood status provided him with an incentive to pursue rapping more seriously. - Work with like-minded partners
Lil Durk is one of many rap artists who have had great success by collaborating with other musicians. Drake, Meek Mill, and Lil Reese are just a few of the well-known names with whom the rapper has collaborated. - Be consistent in your actions
Lil Durk’s rap career has been turbulent, owing primarily to his never-ending legal problems. However, the rapper has remained consistent over the years, releasing at least one mixtape or album annually.
Summary
Aside from his controversial public life, Lil Durk is undeniably one of the world’s most accomplished rappers. Durk has overcome seemingly insurmountable financial and legal challenges to become the well-known rapper he is today.
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