21 Savage is one of the biggest names in rap music, with an impressive career and estimated net worth. Over the past decade, he has amassed millions through his albums, singles sales, business endeavors, endorsement deals, real estate investments, taxes, and philanthropic work. In this post, we’ll explore all aspects of 21 Savage’s financial success, including what his current net worth stands at today.
Introduction to 21 Savage and His Career
Born Shayaa Bin Abraham-Joseph on October 22, 1992 in Atlanta, Georgia, 21 Savage rose to fame following the release of his debut mixtape The Slaughter Tape (2015). After the success of this project, he released several other popular mixtapes such as Slaughter King (2016), Issa Album (2017) and I Am > I Was (2018). He has collaborated with major artists such as Post Malone, Drake and Travis Scott. As of 2021, 21 Savage has earned two Grammy nominations for Best Rap Song and Record of the Year.
Breaking Down 21 Savage’s Albums & Singles Sales
21 Savage’s debut studio album Issa Album was a massive commercial success and was certified platinum by the Recording Industry Association of America (RIAA). Since then, he has released four more studio albums that have achieved gold status; without warning (2017), i am>i was (2018), SAVAGE MODE II (2020) and STREET LOTTERY 3 (2021). He also earns money from streaming services such as Apple Music and Spotify as well as digital downloads from iTunes.
Other Income Sources for 21 Savage
In addition to his music sales, 21 Savage makes money from various sources such as tour dates, endorsements, merchandise sales and real estate investments. On top of that, he is a successful entrepreneur who runs multiple businesses.
The Business Side of 21 Savage’s Success
As a savvy businessman, 21 Savage owns various companies across different industries. He is the founder of Slauson Boy Entertainment which serves as a record label and management company for upcoming talents. Furthermore, he launched an online store called 823 clothing that sells apparel inspired by hip hop culture. To add to this list, 21 Savage founded yet another company known as BalenciagaBoyz which is involved in brand partnerships and sponsorships.
Endorsement Deals That Contribute To His Wealth
Apart from running his own businesses, 21 Savage has also scored lucrative endorsement deals with some of the world’s most renowned brands. He has worked with prominent companies like Nike, Reebok and Puma which undoubtedly add to his growing wealth. Additionally, 21 Savage has appeared in numerous advertisements and commercials that earn him extra income.
Real Estate Investments From 21 Savage
Real estate investments are another source of revenue for 21 Savage. He owns several properties across the United States and recently made headlines after purchasing a luxurious home in Diamond Bar California for $3 million dollars. This property features five bedrooms, six bathrooms and spans over 6,700 square feet.
Taxes and Expenses Cut Into 21 Savage’s Net Worth
Like any other high earner, 21 Savage must pay taxes on his income. However, since he has established himself as a smart investor and entrepreneur, it is safe to assume that he invests in tax deductions and strategies to help reduce how much money goes out of pocket. On top of that, there are expenses associated with running a business or owning property which will inevitably cut into 21 Savage’s net worth.
Philanthropic Work by 21 Savage
21 Savage is not only wealthy but generous too! Aside from donating large sums of money to charities and non-profit organizations, he started his own charity organization named “Lead By Example” which helps disadvantaged youth in underserved communities. Additionally, 21 Savage donated funds towards coronavirus relief efforts in 2020.
Conclusion: What is 21 Savage’s Estimated Net Worth Today?
Thanks to his hard work and dedication over the years, 21 Savage’s estimated net worth currently stands at $25 million dollars. Although taxes and expenses will continue to reduce this figure over time, there is no denying that 21 Savage has achieved tremendous success both musically and financially. With more projects and ventures on the horizon, it looks like the rapper’s net worth could easily increase within the next few years.
FAQs About 21 Savage’s Net Worth
Q: How did 21 Savage make his money?
A: 21 Savage has accumulated wealth through his music sales (albums/singles), business ventures (Slauson Boy Entertainment, 823 Clothing), endorsement deals with big name brands (Nike, Reebok, Puma), real estate investments (homes/properties) and philanthropic work.