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Machine Gun Kelly Net Worth 2020


Facts of Machine Gun Kelly

Full NameMachine Gun Kelly

How Much Is Machine Gun Kelly's Net Worth?   

Richard Colson Baker, professionally known as Machine Gun Kelly, is an American rapper and actor, who came to fame after releasing mixtape Stamp of Approval in 2006. Professional for over 12 years, Machine Gun Kelly has got handy success in rap career and has released 3 studio albums, so goes for his acting career.

Singed with the record labels like Bad Boy and Interscope Records, Richard aka MGK not only made his journey to success but also acquired a massive fortune.

As of 2019, the 2012 MTV Europe Music Award owns the net worth of around $8 million; the major credit goes to his increasing fame with career prominence as a rapper.

Net Worth Details: Income Sources & Earnings 

After leaving school, Kelly went to work in a T-shirt shop, where he concurrently developed his music prominence and released a mixtape Stamp of Approval in 2006.

Later, MGK went to Harlem's Apollo Theater in March 2009, where his eminent victories won him bundles of opportunities and fortune. 

Following a year of the release of the national debut single Alice in Wonderland, MGK signed with Bad Boy Records, associated with Interscope Record in March 2011. Reportedly, the deal was worth $1 million.

According to Celebrity Net Worth, the American rapper has an estimated net worth of $8 million as of July 2019. Back in 2017/2018, The Richest claimed his fortune to be only $1.2 million.

No doubt that increasing fame and success as a rapper is the main source of his income.

Inspired by the rappers like Eminem, Ludacris & DMX, Machine Gun Kelly has released 3 studio albums till date:

  1. Lace Up (released on October 9, 2012)- Earned $178,000, a Gold Certified by RIAA
  2. General Admission (released on October 16, 2015)- 56,000 copies sold
  3. Bloom (released on May 12, 2017)- Certified gold by RIAA

Well, his album Hotel Diablo released on July 5, 2019. On July 24, 2019, the rapper alongside Young Thug announced their joint tour, which will kick-off on September 30 and will run through November 18

Even though the rapper is yet to disclose his salary, certainly, he earns hundreds of thousand dollars or even possibly a million dollars per year.  

Endorsements & Charity Works

With growing fame, Machine Gun Kelly has become a pivot point for the brands approaching with endorsement deals. 

Reportedly, the American rapper endorses Ethika, Reebok and Young and Reckless, among which the sponsorship deal with Reebok earned him a massive sum.

Well, he promotes Reebok's Club C sneaker, which other celebrities like Gigi Hadid and Kendrick Lamar has endorsed.

Rapper Machine Gun Kelly endorses Reebok
Rapper Machine Gun Kelly endorses Reebok

Also, he is active on social media platforms like Instagram and Twitter with over 4.6 million followers and 1.25 million followers respectively.

As per Influencer Marketing Hub, Machine Gun Kelly's Instagram can earn him $9,203 - $15,339 per sponsored post.

The 2018 iHeartRadio Music Awards nominee is also active in charity works and supports philanthropic causes involving donations for cancer, health, and water for the Philippines.

He has associations with Make-A-Wish Foundation.

Assets, Lifestyle & Expenses

Currently, Machine Gun Kelly lives in his house in Cleveland, Ohio with his daughter. Even though the worth of his property is not disclosed, it is estimated to be in million dollars figure.

Well, the median house price in Ohio is $139,100 accompanied by an insurance premium of $839 per year.

The American rapper owns also a house in Los Angeles, California. Furthermore, his assets include lavish cars such as:

  1. Rolls Royce Drophead-  ranges from $271,005 to $386,765
  2. Lamborghini Gallardo- Worth around $200,000
  3. Rolls Royce Phantom- $450,000
  4. Mercedes S Class- $169,000
  5. Range Rover Vogue
Machine Gun Kelly and his Range Rover
Machine Gun Kelly and his Range Rover

Moreover, MGK also owns a Can-Am Spyder bike, whose base is $28,400.

No doubt that Machine Gun Kelly lives a lavish lifestyle and makes huge expenses on daily life luxury. His expenditure list ranges from costly clothes, jewelry and tattoos to accommodations.

In addition to that, he has to pay taxes which include income and property tax. For a fact, a house owner in Cleveland, Ohio has to pay 2.296% of its assessed value as property tax, while income tax snatches $396,000 upon the yearly revenue of $1 million.

Machine Gun Kelly's Personal Life: Age, Height, Family, Education, Wife, Daughter & Relationship

Born Richard Colson Baker on April 22, 1990, in Houston, Texas the USA, the American rapper got the name 'Machine Gun Kelly" due to his rapid-fire lyrical flow.

He is also famous for his other nicknames like Kells, MGK, Kellz, and Young Gunner.

Well, his parents are missionaries, so Machine Gun Kelly had several moves over the United States until his parents settled down in Cleveland, Ohio.

However, MGK's mother left the home and lives with father in his aunt's home in Denver; his father who fell in depression due to unemployment.

Machine Gun Kelly and his aunt
Machine Gun Kelly and his aunt

He holds American nationality and is of mixed ethnicity; hails from Norweign, English, German, and Scottish ancestry.

The American rapper attended Hamilton Middle School in Denver and Shaker Heights High School where MGK' interest in rap grew up. Alongside studies, he used to work in shops and later released the mixtape Stamp of Approval (2006), a ladder to his success.

Relationship Status: Has a Daughter, Is He Married?

Till date, Richard Baker aka Machine Gun Kelly is never married and is yet to have a wife. Well, the American rapper has a daughter named Casie, born in 2008, from his past affair but the details on her mother are not out.

For a fact, MGK became a father at the age of 18.

He shares adorable moments with his daughter on the social media platform like Instagram.

The American rapper has always been low-key about his relationship details. Meanwhile, no reports on MGK's dating life or girlfriend is out and is allegedly single.

Back in 2015, he was in a brief relationship with Amber Rose, an American model.

Did you know? He is open about his use of cannabis and claims it to be a source of happiness and a way people can feel a little more love in their own right.

Age And Height

As of Jule 2019, Machine Gun Kelly's age is 29 and has a height of 6 ft. 3 inches (192 cm). His zodiac sign is Taurus.

Updated On Thu Aug 22 2019 Published On Wed Jun 19 2019 By Chandra Rana Magar