Machine Gun Kelly Net Worth: What You Need to Know

Machine Gun Kelly (MGK) is an American rapper, singer, songwriter and actor who has been entertaining fans around the world for nearly a decade. From his early success with Bad Boy Records to more recent successes as both a musician and actor, MGK has built a formidable fortune. In this post, we take a look at what Machine Gun Kelly’s net worth is, along with details on how he made it and where he spends it.

Early Life & Education

Richard Colson Baker, better known by his stage name “Machine Gun Kelly” was born in Houston, Texas, on April 22nd 1990. He had a nomadic childhood growing up between Texas, Chicago, Los Angeles, and Denver before finally settling down in Cleveland, Ohio. There he attended Shaker Heights High School and graduated from the school of performing arts called the Phoenix Institute of Technology.

Career Beginnings

MGK began his rap career when he signed a deal with independent label Cutthroat Music in 2008. After gaining some notoriety locally through his mixtapes, he earned himself a record deal with Young Money Entertainment and Bad Boy Records in 2011. This led to him releasing his debut studio album Lace Up which peaked at number four on Billboard 200 charts and sold over 100 thousand copies in its first week.

Breakthrough With Bad Boy Records

In 2012 MGK released Half Naked & Almost Famous EP with his single “Invincible” receiving significant airplay on MTV2, helping him to build an even bigger following. His next project Black Flag followed shortly after that, leading to an impressive opening weekend earning $102,106 and securing another top 10 entry on the Billboard 200.

Recent Success As A Musician & Actor

Since then MGK has continued to rise in popularity due to both his musical and acting careers. In 2018 he released his fifth studio album Hotel Diablo, which spawned two hit singles: “Rap Devil” and “I Think I’m Okay” featuring Yungblud and Travis Barker respectively. MGK has also appeared in several films such as Nerve (2016), Bird Box (2018), The Dirt (2019) and Captive State (2019).

machine gun kelly net worth

Collaborations & Tours

The Cleveland native has collaborated with many high-profile artists including Lil Wayne, Juicy J, Tech N9ne, Sean Kingston and Blink 182 drummer Travis Barker. These collaborations have helped MGK rack up millions of views on YouTube and earn hundreds of thousands of dollars in royalties. Additionally, he has embarked on multiple tours throughout the years, raking in large sums of money each time.

Real Estate Holdings & Investments

It appears that MGK is smart with his money; investing it in real estate rather than luxury items. In 2017 he purchased a 5 bedroom property in Westlake Village California for close to $2 million. It’s not just real estate investments though, according to reports he owns stakes in several companies ranging from clothing lines to gaming websites.

Assets & Luxury Purchases

Despite being primarily focused on building his wealth through real estate and other investments, MGK still splurges every now and again. Over the years he’s owned exotic cars such as Rolls Royce Wraiths and Bentley Continentals as well as jewelry and watches costing tens of thousands of dollars.

Conclusion

Overall Machine Gun Kelly has established himself as one of the most successful hip hop artists of the past decade. Through clever business moves, strong connections and sheer hard work, MGK currently has an estimated net worth of $8 million – all of which he looks set to expand upon in the near future.

Leave a Comment