Excellent news: Megan Thee Stallion‘s web price is a “savage” quantity, and it simply retains on rising.
Megan, whose full title is Megan Jovon Ruth Pete, was raised in San Antonio, Teas, and began writing raps on the age of 16. When she informed her mother, Holly Aleece Thomas, that she wished to be a rapper, her mom informed 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” towards different male rappers went viral, Megan’s social media following began to blow up. Round this time, she additionally selected the stage title Megan Thee Stallion, which was a reference to how she was known as a “stallion” as a child due to her peak. (She’s 5’10”.)
Megan launched her first single, “Like a Stallion,” in 2016, but it surely wasn’t till her 2019 tracks, “Money Shit” with DaBaby, and “Scorching Woman Summer season” 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 Scorching 100 together with her track “Savage,” which went viral on TikTok. In April 2020, Megan launched a remix of savage with Beyoncé. The collaboration received Megan’s first Grammy in 2021 within the Finest Rap Efficiency class. On the 2021 Grammys, Megan additionally received the coveted award for Finest New Artist, changing into the primary feminine rapper to take house 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 in the present day with out Holly Thomas,” she stated on the premiere of the documentary in October 2024. “So mommy, I like you.”
With a whirlwind previous couple years, it’s comprehensible why followers wish to learn about Megan Thee Stallion’s web price and the way a lot she created from songs like “Savage” and “Physique.” Forward is what we learn about how a lot Megan Thee Stallion is price.
Megan (Amazon Bonus Observe Model)
What’s Megan Thee Stallion’s web price?
Based on Movie star Internet Price, Megan is price $30 million, which incorporates the cash she’s created from songs like “Scorching Woman Summer season,” “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 certainly one of Forbes 30 Underneath 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, in line with Nielsen.
What occurred with Megan Thee Stallion’s lawsuit
Nevertheless, Megan’s web price isn’t with out drama. In March 2020, Megan was embroiled in a lawsuit together 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 Might 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, in line with 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 business, and took huge shares of her streaming, publishing, merchandising and stay efficiency earnings.
In a press release to Selection on the time, Crawford denied that the contract was “unreasonable.” “In baseball, now we have to honor our contracts. She stated she signed a contract when she was 20; I signed a contract after I was 17. I understood every little thing about it. I knew I needed to play 5 years to get one other contract, and received one other contract. She appeared to not perceive the enterprise of what’s occurring. She doesn’t perceive that while you do a contract, you must honor the contract,” he stated.
Based on Forbes, Megan filed the lawsuit to problem whether or not 1501 needs to be entitled to 60 % of her streaming revenue, 25 % of her music publishing revenue snd 30 % of her stay present revenue (which Forbes experiences is greater than $1,000 per present). The journal additionally experiences that Megan’s go well with challenges whether or not she needs to 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, in line with Billboard.
