Lil Pump is already a millionaire at 17 years old.
The “Gucci Gang” rapper is perhaps one of the biggest success stories in hip-hop this year proving that any struggling rapper or singer can achieve their dreams if given a chance to shine. Regardless if you disagree with his music or, you have to agree that his achievement this year is inspirational. Only a few months ago, Lil Pump was still a struggling rapper on SoundCloud and now he smashes through the mainstream barrier before the year even ended.
Thanks to his record contract, Pump can now accord to buy a lot more Gucci kicks. TMZ reported that he received a check for $345,000 for his debut album advance from Warner Bros. and that doesn’t include the 15 percent royalties that he will be getting. His royalties could be a big payday for him too judging from the huge success of his singles “D Rose,” “Boss,” and “Gucci Gang.” He will be getting a similar advance for his second and third album and by the time he gets to his fifth project, he could be getting as much as $500,000 per album plus royalties. Still, he will need to meed some criteria like dropping at least 14 tracks per album.
On top of that, Lil Pump is also making big bucks from merchandise sales and touring and with his fast-growing fan base his merchandise is selling out fast. Pump currently has the number four song on Billboard Hot 100, “Gucci Gang” which earned him the record for the shortest song ever to grace the top ten on the Hot 100 chart.
Lil Pump is currently working on a joint album with Lil Yachty due sometime soon. At 17, he is not doing too bad and next year could see his career balloon to new heights if he continues to make hit records.