Megan Thee Stallion is an American rapper, singer, and songwriter who has quickly risen to become one of the most prominent female hip hop artists in the world. As of 2024, Megan Thee Stallion net worth is estimated to be $30 million. Let’s take a closer look at Megan Thee Stallion Net Worth 2024.
Early Life and Career Beginnings
Megan Thee Stallion was born Megan Jovon Ruth Pete on February 15, 1995 in San Antonio, Texas. Her family later moved to Houston where she was primarily raised by her mother, Holly Thomas, a rapper who went by the stage name Holly-Wood. Megan began writing her own raps and uploading videos of her freestyle to social media during her teenage years. She adopted the stage name Megan Thee Stallion in reference to her height and curvy figure.
In April 2016, Megan released her first single “Like a Stallion” followed by her debut EP “Make It Hot” in 2017. The project spawned the hit single “Last Week in Htx” which helped establish Megan as a rising star in Houston’s vibrant hip hop scene. She signed to the independent label 1501 Certified Entertainment in 2018 as its first female rapper. That same year she put out her second EP “Tina Snow” and signed with 300 Entertainment to expand her reach.
Mainstream Breakthrough
Megan scored her first Hot 100 entry in 2019 with “Big Ole Freak” which peaked at #65 on the chart. Her popularity skyrocketed with the release of projects like her mixtape “Fever” and viral hit “Hot Girl Summer” featuring Nicki Minaj and Ty Dolla $ign. The success of “Hot Girl Summer” which peaked at #11 on the Hot 100 marked a breakthrough moment for the rapper.
Megan meteoric rise continued in 2020 with the release of her 9-track EP “Suga”, led by the infectious bop “Savage”. The track became a TikTok phenomenon and was eventually remixed with Beyonce herself jumping on the track. “Savage (Remix)” topped the Billboard Hot 100 chart in May 2020, becoming Megan first #1 hit. That summer, her smash single “WAP” with Cardi B also hit #1 and broke the record for the biggest streaming debut week ever for an all-female collaboration in music history.
Megan debut album “Good News” arrived in November 2020, debuting at #2 on the Billboard 200 while spawning even more hits like “Body” and “Cry Baby” featuring DaBaby. At the 2021 Grammy Awards, she took home 3 trophies for Best New Artist, Best Rap Song and Best Rap Performance.
Continued Success and Ventures
Megan has showed no sign of slowing down since her explosive rise to fame. She was featured on the remix of Ariana Grande “34+35” in 2021 alongside Doja Cat and also appeared on tracks for artists like BTS and Dua Lipa. In August 2022 she released her highly anticipated sophomore album “Traumazine” which earned critical acclaim and commercial success.
Beyond music, Megan has leveraged her fame and influence into lucrative business deals and ventures. In 2020 she was named as the global brand ambassador for Revlon. She also launched partnership with fashion brand like Fashion Nova and has her own merchandise line. Other notable deal include a $3 million partnership with Time Inc. to produce a documentary about her life along with an exclusive first-look deal with Netflix.
In 2024, Megan made a power move by signing a deal with Warner Music Group. Through the deal, she maintains full ownership of her master recordings and publishing while gaining access to WMG’s resources for distribution and promotion. The deal symbolizes Megan’s determination to retain creative control as she continues building her musical empire.
Assets Contributing to Wealth
In addition to her music sale and business ventures, Megan has amassed asset contributing to her multi-million dollar net worth. She purchased a $6 million 7,600 square-foot mansion in Miami, Florida in 2021. Her car collection include luxury vehicles like a custom Bentley and a Rolls-Royce. She also earn income from performances, having headlined tours and major festivals around the world.
With her undeniable talent and savvy business skill, Megan Thee Stallion has positioned herself as a mogul in the making. At just 29 years old, her net worth will likely continue rising to even greater height in the years ahead. Her bold, unapologetic approach inspires female artist globally while she make power moves across music, fashion, television and more. The “Hot Girl Coach” remains determined to run her empire all the way to the bank. I sincerely hope you like reading this “Megan Thee Stallion Net Worth 2024? How Much Is the Rap Sensation Really Worth?” article.
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