Lil Pump Net Worth: By 2022, How Much Money will Lil Pump have Amassed?

Lil Pump

Overview

With an estimated net worth of $8 million, Lil Pump is one of the wealthiest rappers in the world. This young rapper is also known by his stage name Lil Pump. He is a well-known figure in the SoundCloud rap community. He became well-known after receiving millions of Soundcloud plays. Lil Pump’s real name is Gazzy Garcia, and he’s also known as Trapper of the Century.

Lil Pump is a Hip-Hop Artist. Childhood

In 2000, Gazzy Garcia, better known by his stage as Lil Pump, was born in Miami. After Garcia and Pump’s parents divorced at the age of six, Pump was raised by a single mother and a father from Colombia. He met Smokepurpp, better known by his stage name Omar Pineiro, when he was just 13 years old thanks to his cousin, Lil Ominous.

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They became business partners. Garcia went to an alternative high school after being expelled from several traditional ones. For fighting and inciting a disturbance, however, he was expelled from school at the end of the 10th grade.

A Brief History of Lil Pump

Smokepurpp enlisted Lil Pump to freestyle on one of his tracks in 2010, and the result was the start of a successful professional career. His debut track, “Lil Pump,” was independently created and uploaded on SoundCloud in 2016.

It was self-produced and posted on SoundCloud in 2016 by a single individual. Garcia followed up his debut album with the tracks “Elementary,” “Ignorant,” “Gang Shit,” and “Drum$tick.” These songs each earned over three million votes from music lovers around the world. He rose to popularity in South Florida’s underground rap scene as a result of his massive SoundCloud success, performing in a style he coined “SoundCloud rap.”

Among other things, he co-hosted the No Jumper tour and performed at the Rolling Loud Festival in New York in 2016. It was in 2017 when Garcia made his debut on SoundCloud with the tracks “D Rose” and “Boss,” which went on to become instant hits and have had more than 70 million plays worldwide.

Cole Bennett, as Lyrical Lemonade, made a music video in response to the success of “D Rose.” By the end of July 2018, the music video had been viewed more than 145 million times on YouTube.

Just two months before his 17th birthday, Pump signed a record deal with The Lights Global and Warner Records, becoming him the youngest artist ever to do so. Due to the fact that he was under the age of 18 at the time of the recording, his contract with Warner Bros. Records was cancelled in January 2018.

It was announced on Twitter in July 2017 that Garcia would be releasing a new album in August of that year. “Gucci Gang,” Lil Pump’s first Billboard Hot 100 number one, was released in spite of the release date being pushed back.

At number three on the Billboard 200, Lil Pump’s debut mixtape, which he self-titled, debuted at the top of the US Rap and R&B/Hip-Hop charts in 2017.

His most popular song, “Gucci Gang,” reached the top three on the US Rap and R&B/Hip-Hop charts. By the end of July, it had been upgraded to triple platinum status by the Recording Industry Association of America (RIAA). On October 6, 2017, Garcia’s first studio album, “Lil Pump,” was released.

It features Gucci Mane, Lil Yachty, Chief Keef, Rick Ross and 2 Chainz as well as Smokepurpp, with whom he worked on the project together. As well as “Back” (with Lil Yachty) and “Iced Out,” Lil Pump has found some success with the singles “Iced Out” (featuring 2 Chainz).

I Shyne,” a collaboration with Carnage, was released in January of 2013. As of March 2018, he has a $8 million contract with Tha Lights Global and Warner Records, both of which he signed in March 2018.

When “Esskeetit” was released, it debuted at No. 24 on the Billboard Hot 100 and stayed there for the next month. The song was played on Jimmy Fallon’s “The Tonight Show with Jimmy Fallon” on May 24th, 2018. Lil Pump released “Drug Addicts” in the summer of 2012, which was backed by a music video starring Charlie Sheen.

As of September 2018, Pump had more than 11 million subscribers on YouTube, and the video had been seen about 2 billion times. Aside from that, his music has been streamed over 1 billion times on Spotify. He and Kanye West collaborated on the song “I Love It,” which was released on September 22 and immediately shot to the top of the streaming charts.

During its first week of release, the song racked up 46 million streams on Spotify and quickly rose to the top of the Canadian Hot 100 chart, where it continues to reside today. To promote his yet-to-be-released album “Harverd Dropout,” he planned a tour in August 2018. However, according to his website, the concert was cancelled one month later due to “unforeseen circumstances.” Multi Millionaire” was released in October 2018 by Lil Pump and Lil Uzi Vert.

In February 2019, Garcia released a song called “Be Like Me” with Lil Wayne and a music video to go along with it. On February 25, 2019, “Jimmy Kimmel Live!” aired Garcia’s performance of the song. “Harverd Dropout,” his second studio album, was released on February 22nd, 2019. There are a number of well-known artists on the album, including Kayne, Lil Wayne, Smoke, Lil Uzi Vert, 2 Chainz, Offset, Quavo, and YG.

Personal life of Lil Pump

According to Garcia’s social media postings, he suffers from dyslexia and is unable to read. According to court documents, Pump was detained in February 2018 for firing a weapon in a public area.

Three people tried to break into his San Fernando Valley home, according to his manager, before opening fire from the inside. Forensics officers returned with a search warrant after discovering the unloaded pistol buried behind a balcony and ammo strewn around the property.

Lil Pump

There was a follow-up investigation against Garcia’s mother for putting a child in danger and having an unlocked firearm in the house while she was out at work. Garcia was acquitted in the end.

In Miami a few months later, Garcia was detained for driving without a legal driver’s licence. As of October 2018, the rapper’s management said that Garcia had served a prison term for violating parole in connection with the event, but he did not provide any other information.

In December of that year, after a concert in Vega, Garcia was arrested in Copenhagen, Denmark, for marijuana possession. In addition to a $700 fine, he was denied entry to the nation for the next two years because of his actions.

Contract with Lil Pump

Lil Pump inked a recording contract with Warner Brothers in March 2018 and received a $8 million advance from the company. There are seven years of payments planned for the rapper. The first year will see him receive $9,000. The following years will see him receive $12,000 annually and $15,000 annually from 2013 to 2017. They’re real numbers, not mistakes.

A whopping 14 percent of his royalties was also given to him in the United States, which is far more than the industry average. As a result of various sales formats, the rapper will really collect 66% of his royalties, which is a substantial boost. When Pump receives a $8 million loan, the company will be unable to make any additional money until the debt is repaid in full. Furthermore, it will be incredibly difficult to secure another transaction if the money is not reimbursed for whatever reason.

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About the Author: Glen Redding

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