Hip-hop and rap music are becoming more popular nowadays. Many artists choose this music Genre to achieve a successful career. Lil Durk is one of those people. He gained a tremendous success in the recent years. For this reason, everyone is asking about what is Lil Durk net worth 2023. Well, we will discover it from this article.
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Who is Lil Durk?
Lil Durk is an American singer. He is well known for his rap songs. Lil founded the popular hip-hop group Only the Family and its recording label OTF. He got his fame from the release of his mixtape Signed to the Streets, which led him to a million-dollar contract signing with Def Jam Recordings. Lil made his first appearance on the Billboard Hot 100 in 2020.
Short Bio of Lil Durk
|Full Name||Durk Derrick Banks|
|Birthdate||October 19, 1992 (age 31)|
|Birthplace||Chicago, Illinois, U.S.|
|Height||5’ 7” (1.70 m)|
|Profession||Rapper, Singer, songwriter|
|Genres||Hip hop, drill|
|Labels||Def Jam, Interscope, Geffen, Only the Family, Alamo, Coke Boys|
|Social Media||Instagram, Twitter|
|Net Worth||$8 million|
Lil Durk Net Worth
As of 2023, Lil Durk’s net worth is estimated at $8 million. Releasing a lot of successful albums is the main reason behind this massive net worth. Almost all of his albums and singles became very popular. He signed million-dollar contracts with several famous record labels. Besides this, Lil founded his own hip-hop group, which significantly impacted his financial status.
Lil Durk was born in Englewood, South Side of Chicago, Illinois. Lil’s father was sent to prison when he was seven months old. From an early age, he had seen great poverty.
As a result, Lil took full responsibility for his family in his teenage years. He started working in several jobs like waiter, baber, and salesman at the Chicago city. He started his high school at Paul Robeson High School.
However, he is not good at his studies and spends much of his time on social media channels. Soon, he built up an influential profile on Myspace and YouTube. Lil began recording his songs and posting them on those social media platforms. Soon, people got attracted by his music sense, which gained him millions of followers.
Later, Lil dropped out of high school and joined a street gang called Black Disciples in Chicago. Soon after joining this gang, he was involved in many crimes. He got gun charges in October 2011. He later quit the gang and started taking music seriously as a career.
Sources Behind Lil Durk Net Worth
Early Career Breakthrough
In 2010, Lil released his first freestyle mixtape, “Lamron Wasted.” Later in the same year, he also released “L’s Bitch” featured with Lil Reese. Then he signed with Chief Keef and French Montana’s recording label and released two singles, “Sneak Dissin'” and “I’ma Hitta.” Both of those singles became popular and got positive feedback.
Lil released his third mixtape, Life Ain’t No Joke, in 2012. It went viral worldwide. Lil got his popularity from this mixtape. As of 2015, the mixtape downloaded over 216,000 times. With this popularity, he released another single, “L’s Anthem.”
Later, famous rapper French Montana re-released this single as a remix. These early works didn’t generate a lot of earnings for Lil, but this built a foundation for his future net worth and also allowed him to accumulate some health from the beginning of his career.
On June 2, 2015, Lil released his first studio album, Remember My Name. This album ranked at two on the US Billboard Top 200 R&B/Hip-Hop Albums chart. The album was sold 24000 copies in the first week. As of 2016, the total sales increased to 48,000 copies in the United States. As a debut album, it was a massive success for Lil.
In the following year, he released his second album, Lil Durk 2X. It was ranked at 5 on the US Top R&B/Hip-Hop Albums (Billboard), and over 12,000 digital copies were sold in the US. With his continuous success, Lil started releasing many albums, such as Signed to the Streets 3, Just Cause Y’all Waited 2, The Voice, 7220, etc.
Lil released a total of eight studio albums in his entire career. All of those albums were sold over thousands of copies. His latest album, Almost Healed, ranked at the top of the US Billboard Top 200 R&B/Hip-Hop Albums chart. A total of 283,000 copies were sold in the first four weeks of release.
Undoubtedly, Lil generated a lot of earnings from those album sales, which became the main source of his net worth.
Besides studio albums, Lil also released a bunch of Mixtapes, Compilation albums, and Live albums. He released a total of 12 mixtapes. Mainly, Lil started his career and rose to fame by releasing two mixtapes. Seeing the demand for this kind of recording, he continuously released several mixtapes until 2018.
Some of his successful mixtapes were They Forgot, Love Songs for the Streets, Bloodas, Just Cause Y’all Waited, and others.
Lil also released five Compilation albums. In 2021, his Compilation album Loyal Bros ranked 6 on the Billboard Top 200 US R&B/HH chart. As of this writing, over 2,000 copies were sold through streaming platforms.
On July 11, 2022, Lil released his first and only live album, Apple Music Live: Lil Durk. It gained huge positive reviews on the internet. Those recording projects earned a lot for him, which increased his net worth widely.
In 2021, Lil collaborated with Lil Baby and released a studio album, The Voice of the Heroes. The album gained a massive success. It ranked at 1st position on the US Billboard 200. This album sold approximately 332,000 units in the first four weeks since its release.
Besides albums, Lil also featured in many single songs from various famous artists, such as Rowdy Rebel’s “Figi Shots,” Yung Tory’s “Run It Up (Remix),” Lil Zay Osama’s “Let Em Know,” King Von’s “Crazy Story 2.0,” and so on. Those artists paid Lil a good amount for featuring on their albums and singles.
Lil Durk established a collective recording label, Only the Family, in 2010. Many famous artists like the late King Von, the late Nuski, Doodie Lo, Booka600, and Boonie Moe have signed contracts with this label. They released several hit music tracks through the label. Thus, It generated a lot of profit for Lil Durk.
As Lil’s fame rose to the top, he got many invitations from different cities or countries to perform at their concerts or other functions. For this purpose, he made tours in several places, such as T-Mobile Center- Kansas City, United Center- Chicago, Messe München Gmbh- Germany, Finsbury Park- London, UK Haringey, and others. He was paid a high amount for his live performances.
- iHeartRadio Titanium Award (2022)
- NAACP Awards (2021)
Lil Durk was involved in a relationship with several women. At the age of 19, he became a father. Later, he got engaged to his long-time girlfriend, India Royale, in 2020. Together, they have no child. But Lil has a total of 6 children from his previous relationships.
How much is Lil Durk worth right now?
As of 2023, Lil Durk’s net worth is estimated at $8 million.
Is Lil Durk a billionaire?
No, Lil Durk is not a billionaire yet.
Has Lil Durk went number 1?
Yes, Lil Durk’s song made four consecutive entrances on No. 1 on Billboard’s Top R&B/Hip-Hop chart.
Lil Durk net worth 2023 has increased from the previous year. His several career decisions and successful music releases are the reason behind it. Also, his continuous effort increases his financial status.