Megan Thee Stallion is an American rapper, singer, and songwriter who first gained widespread recognition in 2016 for her viral freestyle of Drake’s “4 PM in Calabasas.” She’s now one of the most well-known and influential rappers in the music industry, earning multiple awards and accolades throughout her eight-year career as an artist.
Megan Thee Stallion isn’t one to flaunt her wealth, but her status as one of the top artists in the industry makes it evident that she’s doing well financially. This article discusses Megan Thee Stallion’s net worth and income sources.
What Is Megan Thee Stallion’s Net Worth?
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Megan Thee Stallion’s net worth is approximately $30 million, which, while not at the same level as Nicki Minaj ($150 million) and Cardi B ($80 million), still makes her one of the top-earning female rappers in the world.
How Does Megan Thee Stallion Make Her Money?
Much of Megan Thee Stallion’s net worth comes from her career as a music artist. Her chart-topping singles and albums have consistently generated substantial revenue through sales and streaming platforms.
2020 marked a significant milestone for Megan Thee Stallion as she achieved two number-one singles on the Billboard Hot 100: “Savage Remix” featuring Beyoncé and “WAP” with Cardi B. “Savage Remix” earned Megan Thee Stallion Grammy Awards for Best Rap Song and Best Rap Performance, while “WAP” marked her debut at the top of the international charts.
“Savage Remix” has amassed a staggering 90 million views on YouTube, 9 million plays on SoundCloud, and over 430 million listens on Spotify.
These impressive streaming numbers show that Megan Thee Stallion likely earned at least $5 million from these platforms alone. This figure doesn’t even account for the revenue generated by her other top-ranking songs, such as “Thot Sh-t,” “Cry Baby,” and “Plan B.”
Outside streaming platforms, she earns a respectable amount from album sales and concert performances.
Megan Thee Stallion’s “Hot Girl Summer” tour, which kicked off in May 2024 and is set to wrap up in September 2024, has been a major success.
With 36 shows scheduled across North America and Europe, the tour has sold over 240,000 tickets and generated an impressive $14 million in revenue from just 11 performances. She’s expected to earn another $10 to $15 million once the show concludes in September.
Brand Endorsements
Over the years, Megan Thee Stallion has landed some lucrative endorsement deals with major brands like Nike, Cash App, and Popeyes, to name a few.
In 2020, Megan was named a global brand ambassador for Revlon, a well-known cosmetics company.
Megan’s partnership with Revlon also resulted in a “Revlon x Megan Thee Stallion ‘Hot Girl Sunset’ cosmetics collaboration” sold exclusively on StockX.
The collection, described as a “hyper-limited edition,” had only 450 sets available. Products start from $40, so it’s a bit steeper than the average Revlon purchase. Given her prominent role in the collaboration, Megan has likely earned a significant cut in sales.
At the Super Bowl in 2022, Megan was reportedly paid $2 million to appear in an ad for Cheetos. Popeyes also paid her $1 million for a partnership, plus a franchise, as part of a deal.
TV Show Appearances
Megan Thee Stallion has appeared in quite a few shows, including Punk’d (2020), Legendary (2020), Dear Class of 2020 (2020), She-Hulk: Attorney at Law (2022), and, more recently, Mean Girls (2024).
In most of these movies, Megan appeared as herself. Megan’s role in She-Hulk involved a shapeshifter impersonating her, which was well-received by fans. The amount Megan earned for her cameo isn’t publicly disclosed, but considering She-Hulk is a well-known Marvel franchise, it’s safe to say her compensation was substantial.
In 2022, Megan Thee Stallion signed a $2 million deal with Time Inc. to produce a documentary series chronicling her life and career. Specific details like the release date and Megan’s role in the production remain undisclosed.
Investments and Business Ventures
In an interview with Forbes, Megan Thee Stallion revealed that she hasn’t made any “stupid, crazy purchase” following her rise to success. She’s generous with her jewelry purchases but is more keen to put her earnings into future investments and business ventures outside of that.
Among her many ventures, Megan launched a clothing line on her official website and a line of signature hot sauces named “Hot Girl Sauce.”
Megan has also made several real estate investments, including a luxurious mansion in Pinecrest, Florida.
In 2021, Megan partnered with CashApp to give away $1 million worth of stock to her Hotties as part of her “Investing With Hotties” educational videos on YouTube.
In the videos, Megan mentions that “buying stocks isn’t only for the big players” and that anyone can start with as little as $1. Since she’s teaching others about the stock market, Megan likely has several stocks to her name, too. However, her personal investment portfolio remains private.
What’s the 1501 Lawsuit All About?
Back in 2018, Megan signed a record label with 1501 Certified Entertainment. According to the contract, Megan was entitled to 60% of her royalties, 50% of publishing revenue, and 30% of all income earned for touring and sponsorships. However, 1501 Certified Entertainment didn’t fulfill their end of the bargain and withheld much of Megan’s royalties.
After a lengthy legal battle, Megan and 1501 Certified Entertainment reached an amicable settlement in October 2023. The financial terms of the settlement remain undisclosed.
Was Megan Thee Stallion Really Shot In 2020?
In July 2020, Megan Thee Stallion claimed to have been shot multiple times by rapper Tory Lanez.
Megan was severely injured following the incident and had to undergo hours of surgery to remove the bullets. The surgeon who treated Megan testified about her injuries, confirming that she had indeed been shot and that bullet fragments were still lodged in her foot.
Tory Lanez initially denied Megan Thee Stallion’s allegations of assault. However, it was revealed that he had offered her a $1 million bribe to remain silent about the incident. Megan refused the bribe and continued with the lawsuit.
Lanez was found guilty in December 2021 and is currently facing a sentence of 10 years.
Final Thoughts
As of 2024, Megan Thee Stallion’s net worth is estimated at $30 million. Her wealth comes from album sales, streaming royalties, and concert performances. Brand endorsements and her entrepreneurial ventures also add to her overall financial worth.
