Demario DeWayne White, Jr., also known as Moneybagg Yo, is an American rapper and composer. He rose to prominence in the music industry with the release of his two blockbuster hit songs, “Federal 3X” and “Heartless.”
Moneybagg Yo's net worth is $6 million as of 2022. His fortune arose via album sales, live streaming, and performances. Moneybagg Yo has also parlayed his massive social media following into additional income.
Read on to learn more about Moneybagg Yo's net worth, his lifestyle, career, relationships, and other intriguing details about his life.
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Family and early life
Moneybagg Yo was born on September 22, 1991, in South Memphis, Tennessee, and grew up with his single mother (Whitney White) in the Walker Homes community.
He enjoyed listening to Future, Drake, and Yo Gotti, among others. He had an interest in singing since infancy, but he didn't take rap seriously until he began expanding his love and earned his first $2,500 in a concert.
He went to a nearby high school but never graduated from the 12th grade because he hustled and made money the hard way.
Personal life (relationships and children)
Moneybagg Yo has been in several romances in the past, including one with famed rapper Megan Thee Stallion. However, the relationship didn't work out, and Megan Thee Stallion ended the relationship.
In 2020, he began dating social media star Ari Fletcher, whom he surprised with a Lamborghini on her birthday. Sadly, the romance did not last long. This connects Moneybagg Yo to Chicago rapper G Herbo, as Ari Fletcher is known to have had a relationship with him for some time.
Moneybagg has eight children from previous relationships. He announced that he had seven children and four baby mothers. He had his first child while in high school.
Career
The initial step in Moneybagg Yo's music career was April 16, 2012. It was the release of his first single, From Da Block 2 Da Booth, through Bread Gang Entertainment.
On October 6 of the same year, he released another hit song, October 20th.
On February 3, 2014, he collaborated with Slpy and released La Familia. The following year, he released two additional mixtapes, Relentless and Federal.
On January 20, 2016, he released the modified version of the first Federal series. It had cameos by Y Grizzle, Young Dolph, and OG Boo Dirty, amongst many others.
On June 7, 2016, the following song, named ELO (Everybody Lives On), was produced. Yo Gotti, a rapper from the US, and Quavo, a famous rapper, singer, songwriter, and record producer were both involved in the track.
On July 26, 2016, after impressing the famous American rapper Yo Gotti with the release of All Has No Breaks, Moneybagg was offered the opportunity to sign with Yo Gotti's record label, Collected Music Group(CMG).
Moneybagg and Yo Gotti then collaborated on 2 Federal, the second installment of the federal series, which was later released on October 31, 2016.
2 Federal reached its highest point at position 97 on the Billboard 200 and 48 on the Billboard's chart of US Top R&B/Hip-Hop Albums. YFN Lucci and Lil Durk made guest appearances in the song.
He also won the Memphis Hip Hop Award for Mixtape of the Year for one of his songs in 2016. This was the first time he won an award.
On February 14, 2017, Bread Gang Entertainment, N-Less Entertainment, and Collective Music Group released Heartless, his eleventh mixtape.
Zaytoven, TM88, Track Gordy, Tay Keith, TK on Da Beat, Karltin Bankz, and Jreid were the song's producers. It peaked at number 181 on the Billboard 200 chart in the United States.
Still, that year, he released his first studio album, Federal 3X, which features YoungBoy Never Broke Again on the song Reckless. Upon release, the mixtape peaked at number five on the US Billboard 200 list and four on the US Top R&B/Hip-Hop Albums (Billboard) chart. It generated a sales income of nearly $30,000.
On November 17, 2017, his joint mixtape with NBA YoungBoy, titled Fed Baby's, was released through Bread Gang Entertainment, Interscope, N-Less Entertainment, and Never Broke Again
On January 1, 2018, Moneybagg Yo released a compilation album called Moneybagg Yo Presents: NLess Ent x Bread Gang.
On February 14, 2018, the follow-up to 2017's Heartless, his thirteenth mixtape, was released under the title 2 Heartless. It included production from Southside and Zaytoven and featured Quavo, Yo Gotti, Lil Baby, and BlocBoy JB. It ranked #9 on the US Top R&B/Hip-Hop Albums (Billboard) list and #16 on the US Billboard 200 chart.
That year, Moneybagg dropped the nine-track mixtape Bet On Me, including YoungBoy Never Broke Again, Lil Baby, and Gunna. Tay Keith, Drum God, Javar, and other producers worked on the album's production.
He released his second studio album, 43eva heartless, following his popularity in 2019. This was a huge success and generated a sales income of over $40,000.
In the same year, he also launched his song Said Sum and his third album, Time Served, which sold 66,000 units in its first week and peaked at number 3 on the Billboard 200.
On September 18, 2020, he released a collaborative mixtape titled Code Red, and then his debut studio album, Reset, was released the following day.
After that, he made a remixed version of Said Sum with the famous rapper DaBaby and the hip-hop group City Girls.
Then, he released his fourth studio album, A Gangsta's Pain, which boasts cameos from Pharrell Williams, Polo G, Lil Durk, Kaash Paige, Big30, Future, and Big30.
The album debuted on the Billboard 200 with 110,000 album sales and was back there in the third week.
On June 1, 2021, Moneybagg released the stand-alone song Rookie of the Year to tribute to basketball star Ja Morant.
He has 2.62 million subscribers and makes a profit through his Youtube channel.
Moneybagg Yo has easily made roughly $5 million from his YouTube channel, based on the income calculator.
Moneybagg Yo has 8.1 million Instagram followers as of 2022. He is a superstar who can demand $10k or more for every post. He is a superstar who can demand $10K or more for every post.
Based on the Instagram pricing tool, his account @moneybaggyo may charge between $43.4K and $52.1K for a single post and story.
His Twitter account has more than 240,000 followers. He also has more than 240k and 109k followers on his other Twitter accounts.
Therefore, it's reasonable to conclude that Moneybagg Yo can generate a sizable income through partnerships and promotion on his social media platforms.
Net worth
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Assets and Car Collection
Moneybagg Yo is extremely wealthy; hence his home is more expensive than the average person's. He spent $1.2 million to purchase a four-bedroom, 3,000-square-foot apartment in the US.
Moneybagg has amassed a subtly remarkable collection of vehicles, including the Lamborghini and the 2021 Dodge Durango, all painted the same shade of red. Here are all of his automobiles:
- Mercedes Maybach GLS 600 ($160,500)
- Dodge Challenger Hellcat Redeye ($90,000)
- Dodge Durango Hellcat ($62,500)
- Corvette C8 Stingray ($72,850)
- Mercedes Maybach S680 ($215,000)
- Lamborghini Urus ($218,009)
Frequently Asked Questions
How old is Moneybagg Yo?
Moneybagg Yo is 30 years old as of 2022.
How much does Moneybagg Yo make?
Moneybagg Yo earns an annual income of more than $350,000.
What is Moneybagg Yo’s net worth?
According to media reports, Moneybagg Yo's net worth is anticipated to hit $6 million by 2022.
What is Moneybagg Yo's real name?
Moneybagg Yo goes as DeMario DeWayne White Jr.
What is Moneybagg Yo's height?
Moneybagg Yo is listed as being 5 feet and 11 inches tall.