How Is The Net Worth of Travis Scott $60 Million?

Have you ever thought about how much Travis Scott is worth? As one of the most well-known people in modern hip-hop, you’ve likely heard of him, if not his music. He has had a big impact on hip-hop production today and has made several hit albums. As of May 2022, Travis Scott’s career is going well, and he has a net worth of $60 million. In this post, we’ll talk about how Travis Scott made his huge fortune and what you can learn from him.

Early Life

Travis Scott, whose real name is Jacques Webster the Third, was born on April 30, 1992, in Houston, Texas. At first, he lived with his grandmother in South Park, Houston, which is known for having a lot of crime, until he was six years old. After that, Travis Scott moved with his parents to Missouri City, a middle-class suburb southwest of Houston. Here, he went to school at Elkins High School and got his diploma.

Travis slowly started to be proud of his artistic skills while he was in high school. At age 16, Scott and his childhood friend Christ Holloway made a band called “The Graduates.” In 2008, the newly formed duo put their first EP, which didn’t have a name, on Myspace. The next year, Travis and his high school friend OG Chess made a new group called “The Classmates.” They also put out two other projects on Myspace.

After high school, he went to the University of Texas-San Antonio, but he dropped out after his second year to keep pursuing his musical dreams. Scott’s parents stopped giving him money and taking care of him, which made them very angry and sad. The upcoming star musician was now on his own.

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He quit college and moved to New York City, where he worked on his next possible project with his friend Mike Waxx. Scott moved to Los Angeles after only four months in New York City because he wasn’t making any progress. While he was in Los Angeles, he slept on the couch of a friend and kept making music.

Breakthrough

Travis Scott’s reputation in the hip-hop industry grew quickly as he released more projects on MySpace. Still, he didn’t have a label, and he was desperate to find ways to grow faster. Kanye West’s GOOD Music and Epic Records both reached out to him with record label contracts, hoping to sign the young Houston artist. Travis Scott knew that this was his way to the top, so he went back to the studio right away. He was more motivated than ever.

Travis planned to release his first solo mixtape, “Owl Pharaoh,” as a free download on MySpace in 2012. This was to happen soon after he signed with the label. Sample clearances stopped the project from coming out. It came out on the iTunes store a year later. Travis kept making music, and soon he was playing at shows around town. The first was the SXSW music festival in Austin, Texas, in 2014.

Music Career

Travis Scott might have made his name in hip-hop last forever in 2015. Rodeo, Travis Scott’s first studio album, came out this year. Because of how it was made and how it tried new things, the album stood out and left people in awe. Shortly after the album came out, it was praised by both fans and critics in the hip-hop community. Artists like Quavo, Kanye West, The Weeknd, and Justin Bieber, to name a few, were on it as guests. The album’s first week on the US Billboard 200 chart put it at number three.

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Travis Scott didn’t stop here. After Rodeo came out, he put out an album almost every year. Travis’s song “Birds in the Trap Sing McKnight” hit number one on the US Billboard 200 chart the year after it came out. Scott signed a worldwide deal with Universal Music Publishing Group within the same month to reach a bigger audience.

Scott makes his music, but he also works as a producer for many other big names in the music business. Travis was the only one who worked on Kanye West’s “Cruel Summer” mixtape, which was a collaboration between all the GOOD music artists. He has also helped Drake, Madonna, Rihanna, and many other A-list music stars make hit singles. Travis’s musical success is not surprising, since he is a world-class musician and producer.

Travis Scott has won several awards and honors for his music throughout his career. The first was the People’s Champ Award at the BET Hip Hop Awards in 2016. In 2018, he was nominated for another Grammy, and in 2019, he was nominated for several more, such as Best Rap Album and Best Rap Song. In 2019, Travis won the Top Streaming Song award for his hit song “Sicko Mode” at the Billboard Music Awards.

Travis Scott’s Albums

Here is a list of Travis Scott’s wildly accredited album catalog, by year of release:

  • Owl Pharaoh (2013)
  • Days Before Rodeo (2014)
  • Rodeo (2015)
  • Birds in the Trap Sing McKnight (2016)
  • Astroworld (2018)
  • JackBoys (2019)
  • Utopia (TBA 2021)

Travis Scott Net Worth 2022

travis scott net worth

Travis Scott is worth $60 million as of May 2022. His career earnings, which vary a lot depending on whether or not he’s on tour, make up most of his net worth. Travis has also made a few million dollars from his Nike endorsement deal through merchandise royalties, which are separate from his music work.

Travis bought a mansion in the hills of Brentwood, Los Angeles, for $23.5 million in cash in June 2020. By 2021, the value of the property is likely to be closer to $28 million.

Astroworld Controversy

In November, eight people died and many more were hurt at the Astroworld festival in Houston, Texas. Now, Travis Scott is in the middle of a scandal that could have a huge effect on his net worth. TMZ says that more than 125 people who went to the event are suing him for a total of $750 million. People know that his shows are dangerous because he has been arrested several times for starting riots at them in the past.

Travis Scott has also been sued before. In September 2021, he was sued because the name of his hard seltzer brand, Cacti, was misleading. This was one of many lawsuits against him. Rebecca Read sued the company because it said it was “made with 100% Blue Agave from Mexico.” Not the pure blue agave that is used to make tequila, but agave sweetener is used to make the drink.

Scott’s net worth will almost certainly go down because of the fuss over Astroworld. We can also expect a loss from shows that have been canceled (Travis Scott refunded every attendee of the Astroworld event and canceled his following two concerts). But as of right now, he is still worth $60 million.

Key Takeaways

  • Travis used to sleep on the couch of a friend because neither he nor his family could help him financially or emotionally. Even so, he kept working hard and getting better because he believed in his vision. Even when we feel like the odds are against us, we have to keep our eyes on the goal to get through the hard times. When you’re in a storm, your willpower and faith in yourself will get you through it.
  • Be Unique: Travis has always been different, from when he put out his first album to when he put out his most recent merch line. Like Travis, we should always try to be as different from everyone else as we feel comfortable being. Many ideas in the world haven’t been made yet. We have to do something different and hope that it leads to a better future with more money.
    Use your brand to your advantage. Travis is a master at using his brand to his advantage, whether it’s through brand endorsements or virtual video game concerts. Don’t be afraid to network and look for partnerships that will help you both grow your business or brand when you’re just getting started. Travis has shown that doing this can make you a lot of money.

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