Chance The Rapper Net Worth, Gaining Millions By Releasing Free Music

Chance The Rapper Net Worth

Chance The Rapper started his music career at a relatively young age.

He’s well known for his unique style in hip-hop music.

Chance continues to grow and gain more popularity and achievement since he began his career a few years ago.

Chance The Rapper is more than just a rapper, he’s also a songwriter, record producer, and a philanthropist.

As of this year, Chance The Rapper net worth is estimated to be $33 million.

So, how he gained so much in only a few years working in this industry?.

Early Life

chance the rapper angels

Source: scoopnest.com

Chancellor Jonathan Bennet was born on April 16, 1993, in Chicago, Illinois.

He was born to Ken Williams-Bennet and Lisa Bennett.

His father was an aide to Senator Barrack Obama. His mother worked for the Attorney General in Illinois.

Chancellor grew up in the middle-class area in West Chatham on the south side of Chicago.

In his youth, he met President Barrack Obama and shared his aspirations to be a rapper.

He went to Jones College Prep High School. Chance got suspended often because of poor grades.

Chance began to love music because of Michael Jackson’s song.

He later decided to love hip hop songs more when he listened to the debut album of Kanye West “The College Dropout”.

His biggest influence in music is Kanye West after all.

They met each other for the first time at the Bonnaroo Music festival in 2014.

Chance began rapping when he was in sixth grade. He later formed a hip-hop duo instrumentality with his friend.

Chancellor spent a lot of his time as students working a project for his debut.

He released the project while being suspended for 10 days from school.

Chance The Rapper age is now 24 years old as of this year.

Hip-Hop Music Career.

chance the rapper christmas

Source: redbull.com

Chance The Rapper’s career in the Hip-Hop music industry began in 2012.

Then, he released his second mixtape “Acid Rap” in 2013. After that, he gained more recognition from people in the industry.

The album was well-received by the critics. It’s even nominated for Best Mixtape at BET Awards in 2013.

In 2015 following his success, Forbes listed Chance on the music list “Forbes 30 Under 30” at number 7.

At the end of the year, he got a chance to perform on some popular TV-shows.

In 2016,  Kanye West involved Chance The Rapper in his album “The Life of Pablo”.

Chance appeared on some tracks and co-writing some others.

Then after several works, Kanye offered Chance a contract with GOOD Music label.

But, Chance refused it because he wanted to be independent as an artist.

Chance The Rapper performed at the Grammy Awards in 2017.

He received a total of 7 nominations and won 3 of them.

Last year, Chance released 6 new songs exclude collaborative singles.

He has collaborated with a lot of popular singers including Justin Bieber, John Legend, Kanye West, and more.

Awards and Nominations

chance the rapper arthur

Source: people.com

Chance The Rapper has received a total of 13 awards since 2013. Here are some of the highlights:

  • The Best Mixtape in BET Hip Hop Awards 2016 for “Coloring Book”
  • Won as The Best New Hip Hop Artist in BET Hip Hop Awards 2016
  • Innovator Award (2018) and Best New Hip Hop Artist (2017) in iHeartRadio Music Awards
  • Best New Artist in 2016’s Soul Train Music Awards
  • Choice Breakout Artist in 2017’s Teen Choice Awards
  • Best Rap Album for his work in “Coloring Book” in 2017’s Grammy Awards
  • Outstanding New Artist in 2017’s NAACP Image Awards.

Movies And TVs Appearances

chance the rapper age

Source: laineygossip.com

Besides winning some awards, Chance The Rapper also appeared in some movies and TV programs such as:

  • Slice (Movie) as Dax Lycander, released in 2018
  • Trolls World Tour (Movie) as one of the voice actor, in production and release in 2020
  • Animation Show’s Black Dynamite (TV) as Bob Marley’s voice, aired in 2014
  • Wild ‘N Out (TV) as himself, aired in 2017
  • Several popular talk shows as a guest, aired from 2013 to 2017

Achieving The Net Worth of $33 Million

chance the rapper best songs

Source: loveandpr.com

Chance The Rapper Net Worth is reaching $33 million according to Forbes report.

It’s quite a surprise for him because he’s not even signed a single record deals with any label yet.

Chance is never having sold a copy of an album, physically. So, how he managed to reach that number of net worth?

Chance The Rapper is one of those rappers that let their fans to listen to their song for free.

You can see all of Chance’s music on streaming devices, such as apple music, Spotify, and SoundCloud.

The question remained, where he gained his profits.

Well, there’s some kind of payment method on streaming devices like Spotify.

The owner of the song would earn about $0.006 per stream.

For his album “Coloring Book”, Chance earned about $500,000 from Apple Music to call dibs on that album.

Moreover, Chance, The Rapper earned his profit through collaborations with other artists.

Collaborating with artist like 2 Chainz, Kanye West, DJ Khaled, and more. He able to add more to his earnings.

Once, Chance told to Vanity Fair Magazine, he made money from selling merchandise and touring.

He has the power to put up an incredible ticket sales for every tour.

In his recent tour, he got a payment about $500,000 per night.

For some of his live tours, Chance is in affiliation with several companies and brands like H&M, Nike, and KitKat.

Chance also owns a clothing line named #ThankUObama.

It was his way to pay tribute to Barack Obama as former president and Obama’s family.

chance the rapper christian

Source: complex.com

As a rich celebrity, Chance owns several luxurious stuff such as Landcruiser V8 car that worth over $10,000, Lamborghini Aventador worth $391,000, and Rolls-Royce Wraith worth 317,000.

He lives in a house located in North Hollywood, California, a 7,000 square-foot mansion.

He also owns a luxurious 4,500 square-foot condo that worth $4 million.

With some more endorsements and commercial appearances, those would really add to his earnings making his net worth improved to reach $33 million.

Conclusion

Chance The Rapper is not like other conventional rappers who sign to a label and sell their songs physically.

Chance is an independent musician who never sells his songs.

That’s why the amount of Chance The Rapper net worth is quite surprising for the industry.

As of this year, the estimated amount of Chance The Rapper net worth is approximately $33 million.