Lil Durk is the stage name of Chicago-born rapper Durk Banks. The successful performer has a significant following and no shortage of queries regarding his net worth. In this Lil Durk Net Worth page we’ll try and estimate that valuation, looking at the highs and lows of his careers and forging a figure that reflects it.
While we usually focus on investors and those who have made money in stocks, we’re always happy to try something different and this is definitely that.
Lil Durk Net Worth: $500,000 Plus
You can see our estimated Lil Durk net worth above. This is his total net worth, but if you keep reading you’ll see how he came about that worth. Like many successful performers, he has made money both inside and outside of the music industry, and there is a lot to learn from this rapper’s careers.
Lil Durk Net Worth: Music Business
If you listen to many estimations of Lil Durk’s worth you’ll see figures anywhere from $200,000 to $500,000. If you thought that these seemed a little on the short side, then you’re not alone. On first glance it certainly seems that way. But these figures seem to be in the correct ballpark.
Firstly, it’s important to note that Lil Durk does not have a net worth in the hundreds of tens of millions. We can be fairly sure about that.
He is not the biggest star in rap and his fame has mostly been restricted to the United States. As a result, his earnings have been a fraction of other stars in this genre, including the likes of Dr Dre and Eminem, both of which you should see here on Buy Shares In before long as we discuss their net worth.
Still, we think that these figures are not quite realistic. They don’t paint the full picture, because there is a lot more to this performer than they seem to suggest. To show you what we mean, let’s focus on the different aspects of his music career.
Lil Durk: Direct Record Sales = $200,000+
Lil Durk first made a name for himself with a mixtape, which was released in late 2012. This would go on to be downloaded a quarter of a million times in the proceeding years, but in those early days it achieved enough success to give Lil Durk a shot at the big time.
The first time he was thrust into the mainstream spotlight was with L’s Anthem. This earned him a record deal, through which he released Remember My Name in 2015. This album did not achieve any notable success outside of the United States and even struggled in Canada, but in the US it was a big hit.
It peaked at number 2 on the US hip hop charts and made it as high as 14th on the overall charts. This may not sound like much, but it added up to around 50,000 sales early on. That’s not all either, as 2015 also saw the release of two singles that made it into the top 50 in the US rap charts, just missing out on the overall top 100.
In 2016, Lil Durk 2x was released to less acclaim, but it still made it as high as 29 in the overall charts and was a top 10 release for both the rap and hip hop charts. There were no successful singles released from this album, but sales were strong and helped to boost his income.
Lil Durk: Other Music Earnings = N/A
It’s hard to say how much Lil Durk’s net worth was boosted with his work on the producing, mixing and contributing side of things. But this is certainly an area in which he has been quite active.
He has made guest appearances on several songs a year since he broke through onto the scene. He has been featured on tracks by Chief Keef, 485, SBOE, Meek Mill, Young Chop, French Montana, Young Thug, RiFF RaFF, Think and others. Overall, he has contributed to albums and singles that have sold considerably more than his own, but whether he received any money for these, and how much he received if he did, is not public knowledge.
Lil Durk: Work Outside of Music
At the time of writing, it doesn’t look like Lil Durk has done a great deal outside of music and you might be inclined to believe that he hasn’t made a lot of money away from music either. But like all successful musicians, he has done a very good job of marketing himself and this has created a glut of opportunities for him.
On Twitter alone he has around 1.75 million followers. That’s a huge number of followers, which gives him an enviable amount of clout. We don’t know how he has used those followers, but if he is anything like other modern celebrates then he will have been offered countless sponsorship packages from companies keen to use his clout to promote their products. Rappers are usually keen to get onside with brands like Adidas, Nike and even car brands like Tesla.
Those companies will pay a lot of money for that many followers, especially when the person who has them is young and influential. Once you factor in the followers that he also ahas on Facebook, Instagram and other social networks then you have a ready-made portal for financial success. It is very possible for a rapper in his position to make more money promoting brands, starts-ups, big brands and more than he makes from music.
It’s easy to get views for uploaded videos and Youtube videos, all of which can be loaded with ads; it’s easy to generate interest in new projects; and there is no doubt that he will have received substantial offers to promote products and services. He is certainly not known to use his networks to promote anything other than his own music, but simply having that following and being able to take advantage of it has increased Lil Durk’s net worth considerably.
Things That Have Hurt His Net Worth
Lil Durk has had a few brushes with the law over the years, one of which resulted in him paying a $100,000 bond. He has also been charged with disregarding probation, although that case was eventually dropped. This is likely to have hurt his worth, what with bonds and legal costs, but it probably hasn’t done too much damage.
What has certainly caused significantly more damage though are the deaths of his manager and his cousin, both of which were murdered around the time he was releasing his first and second albums.