Lil Pump Net Worth: How rich is the Rapper in 2022?

Gazzy Garcia, professionally known as Lil Pump, is a rapper and songwriter from the United States. Lil Pump has been active since 2015 but made a mark in 2017 with his single Gucci Gang release. As of 2022, Lil Pump’s net worth is estimated to be $8 Million.

Full NameGazzy Garcia
Date of BirthAugust 17, 2000
Birth signLeo
BirthplaceMiami, Florida, United States
ProfessionRapper, singer & songwriter
Net Worth$8 million

Early Life

Formerly known as Gazzy Garcia, Lil Pump was born in Miami, Florida, on August 17th, 2000. When he was six years old, his parents divorced, and he grew up to be a troubled child.

He initially had no interest in music but was expelled from school at the age of 13 for fighting another student, prompting him and his childhood friend Omar Pineiro to begin creating music.

Garcia would freestyle over a beat created by Pineiro. This would be the beginning of the career of one of the most successful SoundCloud rappers in history.

Lil Pump Net Worth & Career

Lil Pump Net Worth & Career

Lil Pump’s career began when Smokepurpp asked him to freestyle over a track he produced. It was produced and independently released on SoundCloud in 2016 as his debut single, named “Lil Pump.” 

Garcia’s singles “Elementary,” “Ignorant,” “Gang Shit,” and “Drum$tick” were then released. Each of these songs amassed more than three million streams. His meteoric rise on SoundCloud earned him recognition within the South Florida underground rap scene, where he performed in a style called “SoundCloud rap.” 

He co-headlined the No Jumper tour and appeared at the Rolling Loud Festival in 2016. Garcia released the singles “D Rose” and “Boss” in 2017, which became major SoundCloud hits, amassing a combined 70 million streams. The success of “D Rose” prompted Cole Bennett, a.k.a. Lyrical Lemonade, to produce a music video. The music video was released on YouTube in January 2017 and had accumulated 145 million views by July 2018.

Pump signed a record deal with The Lights Global and Warner Records on June 9, 2017, just two months before his 17th birthday. However, in January 2018, Warner Bros. Records terminated his contract due to the fact that he was a minor at the time of his singing. 

Garcia announced on Twitter in July 2017 that he was working on an album and that it would be released in August. It was, however, delayed, and Lil Pump instead released “Gucci Gang,” which became his first Billboard Hot 100 entry.

Lil Pump’s self-titled debut mixtape debuted at #2 on the US Rap and US R&B/Hip-Hop charts and #3 on the Billboard 200 chart. “Gucci Gang,” his most successful single, peaked at #3 on both the US Rap and US R&B/Hip-Hop charts. The song was certified gold by the Recording Industry Association of America on January 11, 2018, and triple platinum in July 2018. 

Garcia released his self-titled debut studio album, “Lil Pump,” on October 6, 2017. Smokepurpp and rappers Gucci Mane, Lil Yachty, Chief Keef, Rick Ross, and 2 Chainz all appear on the album. Lil Pump also achieved success with the chart-topping singles “Back” (featuring Lil Yachty) and “Iced Out” (featuring 2 Chainz).

Pump collaborated with producer Carnage on “I Shyne” in January 2018. In March 2018, he signed a new contract worth $8 million with Tha Lights Global and Warner Records. The following month, he released the single “Esskeetit,” which debuted at No. 24 on the Billboard Hot 100 and peaked at No. 24.

On May 24, 2018, he performed the single on “The Tonight Show with Jimmy Fallon.” That summer, Lil Pump released the single “Drug Addicts,” which featured award-winning actor Charlie Sheen in the music video.

Pump had over 17 million subscribers and slightly less than 4 billion views on YouTube as of September 2018. Additionally, he has over a billion Spotify streams. On September 22, 2018, his collaboration with Kanye West, “I Love It,” debuted at the top of the streaming songs chart. The song amassed 46 million streams in its first week and rocketed to the top of Canada’s Hot 100.

In August 2018, he announced a tour in support of his yet-to-be-released album “Harverd Dropout,” but the tour was canceled a month later due to “unforeseen circumstances.” 

Lil Pump collaborated with Lil Uzi Vert on the single “Multi Millionaire” in October 2018. Garcia released a song titled “Be Like Me” in February 2019 alongside Lil Wayne, as well as a music video. 

Garcia performed the song on “Jimmy Kimmel Live!” on February 25, 2019. On February 22, 2019, he released “Harverd Dropout,” his sophomore studio album. Kayne West, Lil Wayne, Smokepurpp, Lil Uzi Vert, 2 Chainz, Offset, Quavo, and YG all appear on the album.

Lil Pump Net Worth

Lil Pump personal wealth is estimated to be $8 million as of 2022. He credits album sales for a sizable portion of his net worth. It’s worth noting that the majority of Pump’s wealth was amassed over the last three years.

Lil Pump Net Worth Growth

Net worth in 2022$8 million
Net worth in 2021$6.5 million
Net worth in 2020$4.8 million

Personal Life

Lil Pump Personal Life

Garcia has stated on social media and in lyrics that he is dyslexic and therefore unable to read.

Pump was arrested in February 2018 on suspicion of discharging a firearm in a populated area. Three men attempted to break into his San Fernando Valley home, according to his manager, before shooting into the door.

Police determined that the bullet may have originated from within the home and returned with a search warrant, discovering an unloaded handgun beneath the balcony and ammunition throughout the house. Garcia’s mother was then arrested on suspicion of endangering a child and possessing an unsecured firearm in her home.

Garcia was arrested in Miami a few months later for driving without a license. Garcia’s manager announced in October 2018 that the rapper had served time in prison for a parole violation in connection with the incident but provided no additional details. 

Garcia was arrested in Copenhagen in December of the same year for marijuana possession following a performance in Vega. He was fined $700 and placed on a two-year visa suspension.

Lil Pump signed a recording contract with Warner Brothers in March 2018 that included an $8 million advance. The rapper receives $9,000 in the first year, $12,000 in the second, and $15,000 in the third through seventh years of the contract. Those are not typographical errors. Additionally, he received a 14 percent royalty share in the United States, which is significantly higher than the industry standard.

Additionally, in certain sales formats, the rapper will receive 66 percent of his royalties. To be clear, an $8 million advance precludes Pump from earning any additional money until his advance is repaid. And if the money is not repaid for whatever reason, obtaining another deal will be extremely difficult.

Summary

  • Lil Pump, is a rapper and songwriter from the United States.
  • He was born in Miami, Florida, on August 17th, 2000.
  • As of 2022, the net worth of Lil Pump is estimated to be $8 million.

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