Excellent news: Megan Thee Stallion‘s web value is a “savage” quantity, and it simply retains on rising.
Megan, whose full identify is Megan Jovon Ruth Pete, was raised in San Antonio, Teas, and began writing raps on the age of 16. When she instructed her mother, Holly Aleece Thomas, that she wished to be a rapper, her mom instructed her that she needed to wait till she was 21 to pursue a music profession. Whereas she was a scholar at Prairie View A&M College, Megan began importing movies of herself freestyle rapping on her social media. After a video of her in a rap “cypher” in opposition to different male rappers went viral, Megan’s social media following began to blow up. Round this time, she additionally selected the stage identify Megan Thee Stallion, which was a reference to how she was known as a “stallion” as a child due to her top. (She’s 5’10”.)
Megan launched her first single, “Like a Stallion,” in 2016, nevertheless it wasn’t till her 2019 tracks, “Money Shit” with DaBaby, and “Sizzling Lady Summer time” with Nicki Minaj and Ty Dolla Signal, that her profession began to take off into what it’s now. In 2020, Megan achieved her first number-one hit on the Billboard Sizzling 100 along with her tune “Savage,” which went viral on TikTok. In April 2020, Megan launched a remix of savage with Beyoncé. The collaboration gained Megan’s first Grammy in 2021 within the Greatest Rap Efficiency class. On the 2021 Grammys, Megan additionally gained the coveted award for Greatest New Artist, changing into the primary feminine rapper to take residence the award since 1999.
Three years later, Megan was profiled in Prime Video‘s documentary, Megan Thee Stallion: In Her Phrases, following her profession and the way her life modified after the demise of her mom, Holly Thomas, to most cancers in 2019. “I wouldn’t be the girl I’m as we speak with out Holly Thomas,” she mentioned on the premiere of the documentary in October 2024. “So mommy, I really like you.”
With a whirlwind previous couple years, it’s comprehensible why followers need to learn about Megan Thee Stallion’s web value and the way a lot she produced from songs like “Savage” and “Physique.” Forward is what we learn about how a lot Megan Thee Stallion is value.
Megan (Amazon Bonus Observe Model)
What’s Megan Thee Stallion’s web value?
In keeping with Celeb Web Value, Megan is value $30 million, which incorporates the cash she’s produced from songs like “Sizzling Lady Summer time,” “Savage,” “Physique” and the gross sales from her 2020 debut album, Good Information, her 2022 sophomore album Traumazine, and her 2024 third album Megan. In 2020, Megan was named one among Forbes 30 Below 30 musicians. After the discharge of Good Information in November 2020, Megan’s debut album debuted at quantity two on the Billboard 200 and offered 100,000 items in its first week, based on Nielsen.
What occurred with Megan Thee Stallion’s lawsuit
Nonetheless, Megan’s web value isn’t with out drama. In March 2020, Megan was embroiled in a lawsuit along with her former report label, 1501 Licensed Leisure, which was based y former Main League Baseball participant Carl Crawford. Megan was signed by 1501 Licensed Leisure in 2018 and launched her first LP, Fever, in Could 2019. The discharge rose to quantity 10 on the Billboard 200 chart. In March 2020, she launched one other EP, Suga, which debuted at quantity 10 on the Billboard 200. In a lawsuit on the time, Megan claimed that Crawford and 1501 Licensed Leisure did nothing for her profession and signed her to a “ridiculously unconscionable” contract, based on Forbes. The journal reported that every one 1501 Licensed Leisure did for Megan was pay her $10,000 advance, a comparatively low determine within the rap trade, and took huge shares of her streaming, publishing, merchandising and reside efficiency earnings.
In an announcement to Selection on the time, Crawford denied that the contract was “unreasonable.” “In baseball, we’ve to honor our contracts. She mentioned she signed a contract when she was 20; I signed a contract after I was 17. I understood every part about it. I knew I needed to play 5 years to get one other contract, and acquired one other contract. She appeared to not perceive the enterprise of what’s happening. She doesn’t perceive that if you do a contract, it’s a must to honor the contract,” he mentioned.
In keeping with Forbes, Megan filed the lawsuit to problem whether or not 1501 must be entitled to 60 p.c of her streaming revenue, 25 p.c of her music publishing revenue snd 30 p.c of her reside present revenue (which Forbes studies is greater than $1,000 per present). The journal additionally studies that Megan’s go well with challenges whether or not she must be required to pay producer royalties and different prices out of her share. In April 2020, Megan scored a victory in her go well with, based on Billboard.