Now, while we’re talking about money, let’s break down Travis Scott Net Worth. In the United States, Travis Scott is a household name due to his status as a legendary rapper. He is an outstanding individual whose achievements have been repeatedly recognized and celebrated.
As a singer and rapper, Travis Scott has been active since 2008, releasing a slew of critically acclaimed studio albums, mixtapes, and other works. Travis put in a lot of hard work in his early career in order to become successful. 2012 was the year he saw the outcome he had been hoping for.
He inked a publishing deal with Kanye West’s GOOD Music and a major label contract with Epic Records. Furthermore, he has collaborated with such notable artists as Kanye West and others on multiple occasions. In addition to his albums, he has performed on numerous world tours.
Travis Scott Net Worth
The musician has reportedly amassed a fortune of $40 million in a relatively short period of time. During a typical touring year, the young artist is expected to earn $40–$60 million from his concerts and other activities. His relationship with Kylie Jenner, the mother of his children Stormi and Wolf Webster, has had no negative effect on Travis Scott’s wealth.
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Travis Scott Learned The Drums At Age Three
Travis Scott says that he was three years old when he first found the beat. This was because his father purchased him his first drum set at that age. “When I was three years old my dad bought me my first drum set. I was playing drums extra hard like I wasn’t going to fail with that shit. I was a drum master. I used to think engineering was producing.
But drums weren’t the only thing Scott dabbled in while growing up. The talented Scott also experimented with playing the piano. According to Scott, he probably would have continued to play but stopped “because it wasn’t getting no b*tches.”
While getting women was a major driving force for the young Scott, it wasn’t until he heard Kanye West that he truly knew what and how he needed to go about creating his own music. “I started picking up beats like at 16. I got really serious at 17. That’s when I put together tight beats.”
How Much Are Travis Scott’s Business Ventures Worth?
Scott is a savvy businessman and has been involved in several business ventures with well-known brands. Scott’s partnership with Nike would result in his signature sneaker line, ‘Cactus Jack’. It has been estimated that this successful partnership nets him $10 million per year.
An unlikely partnership with McDonald’s resulted in a Travis Scott celebrity happy meal that netted the rapper $5 million for the endorsement deal, and a further $15 million in merchandise sales.
Like most major artists, Scott runs a successful merch line that supports his tours. The line is often only available to be bought online or through major online retailers such as Amazon. To drive sales, his tours will often generate hype around this merchandise. Another income stream for Scott is derived from trademark royalties.
In 2018, Scott trademarked the brand ‘Astroworld’. This trademark would be very broad, encompassing everything from the music to an annual performance at the Houston Festival. Following the success of his first trademarks, he would go on to trademark the phrase “Look Mom I Can Fly”, “No Bystanders” and “Wish You Were Here”.
Trivia Fact: A lawsuit has been filed against his agave seltzer brand, ‘CACTI’ for deceiving customers into thinking the drink was made with agave spirits when it only contained agave as a sweetener.
How Does Travis Scott Spend His Money?
There’s no doubt that Travis Scott is one of the highest-paid rappers right now. Scott has been busy making dollars by going on tours and making new popular tracks. Not only does Travis make money off his music and merch, but he’s also making some hefty dollars from his endorsement deal with Nike. He is a big fan of buying cool clothes and custom shoes.
The rapper is a big fan of cars; he gifted himself a new Bugatti Chiron for a cost of $3.1 million on April 30, 2020. Scott has given Kylie Jenner a sports car for $1.4 million. He has also given Kylie a white vintage 1950’s Rolls Royce for her 21st birthday. Scott dropped $23.5 million in cash on a huge mansion in Los Angeles.
In April 2017, Scott began dating reality television star and entrepreneur Kylie Jenner. Jenner gave birth to their daughter Stormi Webster on February 1, 2018. The couple separated in September 2019.
Between September 2017 and September 2018, Travis earned $20 million between touring, record sales, and his Nike endorsement deal. That was enough to make him one of the 15 highest-paid rappers on the planet for the year.
Between June 2018 and June 2019, he earned $60 million. His Astroworld tour grossed $65 million. Between June 2019 and June 2020, he earned $40 million. In 2020 Travis signed a $20 million endorsement deal with McDonald’s.
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