Are you an aspiring singer or rapper? Do you wish to be a successful artist someday? Here’s inspiration and motivation for you to get started, by talking about Future net worth.
Get to know the artist that made a name in hip-hop, got through hardship, and has a current net worth of $40 million.
A lot of artists may come to mind, but only one rapper stands out! His name is Future. With many new music genres, sound styles, and enthusiastic rappers nowadays, his music still stands out.
Accumulating a billion streams for every song he produced, Future is getting closer to following the footsteps of the high-net-worth rappers like Drake with a current net worth of $180 million, Kanye West who has a net worth of $1.8 billion, Diddy with a net worth of $885 million, Dr. Dre $820 million, and Jay-Z is the #1 billionaire rapper of Forbes magazine with a net worth of $1.40 billion.
Future was featured in Forbes magazine, taking the number 10 spot for “The Top-Earning Hip-Hop Acts.”
Future’s net worth is a financial goal of every striving artist, producer, businessman, and even us! What he went through in his personal life and his music will inspire us to strive more and motivate us to be financially independent.
Who Is Future?
Nayvadius Demun Wilburn, also known as Future, was born on the 20th of November in 1983 in Atlanta, Georgia. He gained his stage name Future when he joined and performed with the musical ensemble of The Dungeon Family.
Rico Wade, Future’s cousin, was a member of the Dungeon family and at the same time a record producer. He gave Future the encouragement he needed to pursue his career in songwriting and rapping. Future has been giving credits to Wade and thanking him for his distinctive sound that is loved by many.
Future is a songwriter and a professional rapper; he started his career in 2010 together with Ludacris and had several mixtapes released like “1000″, “True Story,” and “Dirty Sprite” (Debut Album). During that time, he didn’t have many fans, but he did not stop there.
He had his big break in 2011 when he wrote the hit single “Racks” with YC. Later on, he teamed up with Gucci Mane and got noticed. Epic Records offered Future a deal, which he took and released his first successful mixtape “Streetz Calling.”
Future was given the title “Face of the Pop” by Billboard for being the first rapper who has beat the #1 spot with his new album (HNDRXX) and the only artist who won the #1 spot consecutively for 2 albums in Billboard history.
Why Does He Call Himself Future?
We all know Future’s career started with the musical collective, the Dungeon Family. During his interview with MTV News, Future revealed why he chose his stage name and where it came from.
In the interview, he mentioned that G-Rock told him as a member of the musical group, I would grant you the nickname “Future.” It means being a young rapper, you are the future, you’re young, and because of that, you’ve got energy, ambition, and you’ve got a future.
Who wouldn’t be happy when someone gave you flattery and believed in you!
How Does Future Make Money?
Future is making millions of dollars as a Hip-hop artist through his songwriting, rap albums, merchandise, tours, and collaborations with famous artists. Nayvadius gets paid $150,000 for every 45-minute performance and $40,000 for every song he creates.
In the years 2017 and 2018, Future went on a tour and received many commercial deals. He earned a gross income of $30 million, mostly from royalties. In that same year, he had obtained 30 billion streams from his songs, and that added a total of $23 million to his assets.
Last 2018 he appeared on the V-103’s radio show where he hinted that he closed a business deal amounting to $50 million. Although he did not disclose details of the agreement, speculations were it was to renew his contract with Epic Records.
With his income streams, his earnings sum up to a total net worth of $53 million; between the year 2018 and 2019, Future had continued climbing up and earned a $20 million that adds up to an estimated total worth of $73 million. He produces millions of dollars with his endorsement deals that he teams up with famous brands such as AppMoji, Rolex, Rebook, and Nike.
Streaming made him the wealthiest rapper; he had 1 billion streams from the popular streaming sites—Apple Music and Spotify since 2017. And because of that, Future’s market value continues to rise.
So, if you are thinking about getting into this industry, you know what to do to gain millions.
Future Net Worth
Future has a high net worth of $40 million, and it took him 8 years to get there. Whoo! What a journey he had. But how did he end up with that earning?
After signing with Epic Records and his debut album release titled Pluto, Future has climbed his way to the top and sold over 25 million records worldwide. His hit songs are “Life is Good,” “Love Me,” “Mask Off,” “Where Ya At,” and “Stick Talk.”
In addition to that, Future has a growing music career as a brand ambassador, and his album sales are through the roof! With the help of the internet, people can now stream his songs on different platforms online.
In 2020 Future’s album “High Off Life” and his other albums “Evol,” “Future,” “Hndrxx,” and “The Wizard” reached 186.3 million streams, one of the highest streams in the first week after release for a rap artist.
Future is the co-founder of the record label named Freebandz, which was established in the same year he made a partnership with Epic Records, a distributor for the record firm. Freebandz record label is a company of best rappers and producers, including Doe Boy, Dj Esco, Young Scooter, and many more.
His success is more than his album sales and rap songs; Future is making millions of dollars by doing tours, shows, performances in Wireless and Real Street Festivals.
That’s a lot to process, but one thing we know about Future is he is good at making money and investments, that’s for sure!
Future Fun Facts
Future may be known as the Atlantis rapper monster for writing songs, making music, and sales, but there are a lot more exciting things that you may not know of him.
You will get to know him more as we talk through fascinating facts of Future.
Fun Fact 1
Did you know that Future is not just a fan of music but a fan of Shakespeare too? He said in an interview that he read Shakespeare when he was in school, and he loved it. Especially the way Shakespeare used words to express the emotions of his characters in the stories. He uses a mixture of words to convey the emotions of each story he wrote.
After reading Shakespeare, he started playing with words and started to write his own poems.
Fun Fact 2
In an interview with MTV, he told them that he got his right-hand shot when he was 14 or 15. After that, he never got to play basketball as he enjoyed doing. Instead, he hustled hard.
Fun Fact 3
Future legally changed his name from Nayvadius Wilburn to Nayvadius Cash. He made changes when he was running on the streets to deceive the police and pin the crimes they thought he committed under a different name.
Fortunately, no one calls Future by his name Nayvadius which in fact means king in Greek.
Fun Fact 4
Back when Future was still a teenager, his former rap name was “Meathead” luckily, he met up with creative artists and his The Dungeon family and gave him his new rap name, “Future.”
Good thing he changed it, right? I can’t imagine myself shouting in a crowd I love Meathead!
Fun Fact 5
Future refers to his studio as the Batcave because of the color. It’s all back, even the gate is black, and it is placed away in hiding. Are you thinking what I’m thinking?
He may be channeling his inner child, or he just loves Batman. Hurry to the Batmobile!
Fun Fact 6
Future had once dreamed of being an astronaut, but it seems fate has a different path for him; however, he didn’t forget about that and calls his work “Astronaut Music.”
In 2012, Future’s debut album titled “Pluto” was released, it was during this time he showed everyone that auto-tune is still an interesting artistic tool to use when creating music.
He created his own genre of music, the “Astronaut Music,” according to Future; he named it like that because “it takes an astronaut so long to get to space – that’s how long it takes to catch up on my music.”
Fun Fact 7
Future has a total of 31 tattoos, and each of them has a different meaning. Most of his tattoos are based on life experiences and people who are close to him. One of them is on his arms, “Dungeon Family,” others are Stars, Music Signs, Dollar Signs, and many more.
Do You Want To Increase Your Net Worth?
Seeing these celebrities’ net worth makes you want to increase your own. Besides having a savings account, financial planner, and financial advisor, it would help if you did personal finance.
If you want to calculate your net worth, you take your total assets minus your total liabilities. Assets include your 401k, retirement accounts, bank account, home equity, and investment portfolio. Liabilities include student-loan, car loans, and credit card debt.
To summarize, your net worth shows your financial health and how much money you currently have.
If you want to work toward a solid financial future, you want to increase the value of your assets and decrease the value of your liabilities.
Another way to increase your net worth is to reduce your expenses, it’s not easy, but it’s the best way to boost your net worth. Cut back some of your expenditures and use your credit card less.
Make a habit of tracking your monthly expenses in that way, you will be aware of your financial status, and it will be easier for budgeting. Remember pay-off your debt and build your wealth!
Keep in mind that having million dollars of net worth comes with tax responsibility.
Over time, you will end up with enough money to retire or even to retire early. In that case, it’s better to have your liquid net worth as a measurement, which is the value of your assets if you want to sell them right now.
Okay, that’s enough economics for today.
Conclusion – Future Net Worth
Future indeed made an impact in the music industry worldwide. With an estimated net worth of over $73 million, he’s one of the richest American rappers out there.
While he isn’t as wealthy as rap artists like Kayne West, Chainz, Eminem, or Nicki Minaj, you could say his finances are far above average. He may become as successful as Snoop Dogg, Wu-Tang Clan, or even the legendary Tupac.
He’s working hard for that; perhaps someday, he will eventually become a billionaire. We will see what the future holds for him.
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This post first appeared on Radical FIRE and was republished with permission
Founder of Spark Nomad, Radical FIRE, Celebz Net Worth, Copywriter
Expertise: Personal finance and travel content. I’m a full-time traveler, and I’ve been to 49 countries and 5 continents.
Education: Bachelor of Economics at Radboud University, Master in Finance at Radboud University, Minor in Economics at Chapman University.
Over 200 articles, essays, and short stories published across the web.
Marjolein Dilven is a journalist and founder of Spark Nomad, a travel platform, and Radical FIRE, a personal finance platform. Marjolein has a finance and economics background with a master’s in Finance. She has quit her job to travel the world, documenting her travels on Spark Nomad to help people plan their travels. Marjolein Dilven has written for publications like MSN, Associated Press, CNBC, Town News syndicate, and more.