Have you ever pondered about Megan thee Stallion’s net worth? This young Houston rapper has captivated the world and amassed a fortune worth millions.

Her fame skyrocketed thanks to her chart-topping tracks “Hot Girl Summer” and “Savage,” showcasing her remarkable talent in lyrics. Notably, she has been honored with three Grammy awards, six BET Awards, and has achieved the remarkable feat of being the second female artist to win the prestigious Best New Artist award.

In May 2023, Megan Thee Stallion’s net worth stands at $8 million. This article unveils the remarkable journey that led to the breakout star’s phenomenal success.

Early Life

Born on February 15th, 1995, in San Antonio, Texas, Megan Thee Stallion, previously known as Megan Jovon Ruth Pete, saw her mother, Holly Thomas, relocate to Houston right after her arrival.

Thomas, known by her rap alias “Hollywood,” was the pioneering rapper in her family. She graciously invited Megan to accompany her to the studio sessions, which became the catalyst for Megan’s burgeoning passion for rapping.

At the age of 16, Megan discovered her passion for rap. However, her mother emphasized the importance of education and encouraged her to focus on finishing school before pursuing a rap career.

In 2013, Megan followed her own advice and successfully graduated from Pearland Highschool, thereafter enrolling at Prairie View A&M University.

In her first year of college, she started sharing videos of her freestyle performances on various social media platforms. Additionally, she actively participated in rap cipher competitions, where she engaged in a memorable battle against a male contender that garnered widespread attention online.

Seizing the opportunity, she would make the most of the hype and rise to become one of the most popular emerging rappers.

Career

1501 Certified Entertainment

In 2016, Megan released her debut single “Like a Stallion” after embracing her stage name Megan Thee Stallion, which was inspired by her tall frame and curvaceous figure, standing at 5’10”.

Afterwards, she embarked on her initial solo endeavor titled “Make it Hot,” which resulted in her debut smash single, “Last Week in HTx.” The song gained tremendous popularity, accumulating millions of views on YouTube.

Her burgeoning national fame attracted the attention of record labels, resulting in a flurry of phone calls. By early 2018, she inked her inaugural record contract with 1501 Certified Entertainment.

Tina Show was the title of her ten-song extended play (EP) released under her label.

The EP garnered a positive reception, receiving favorable reviews from respected music platforms such as Pitchfork and The Fader.

Megan’s first chart entry was “Big Ole Freak,” a hit single produced by The Ep, reaching its peak at number 65 on the Billboard top 100.

Megan, a remarkably talented young rapper, secured her place on XXL’s Freshman Class in 2019, and her freestyle was widely acclaimed as exceptional among her peers.

She collaborated with Nicki Minaj and Ty Dolla Sign to release “Hot Girl Summer” in August 2019.

Her first top 20 hit, “Hot Girl Summer,” reached its peak at number 11 on the Billboard Top 100.

Not only did the song achieve chart success, but it also birthed the popular catchphrase “Hot Girl.” This empowering expression encourages women to embrace their confidence and unapologetically be true to themselves.

Her work has inspired a dedicated fan base, affectionately known as “Hotties,” and the phrase “Hot Girl” has skyrocketed in popularity across the internet.

After gaining immense popularity, Megan became widely recognized and secured a record deal with Roc Nation, a label owned by Jay-Z.

Roc Nation

Under the new label, she released the EP “Suga” in March 2020. Simultaneously, the song “Savage” from the project went viral on Tik Tok, accumulating a staggering 15.7 million views within the same month.

Eventually, the song would achieve the top spot on the Billboard top 100, marking her first number-one hit.

In August of 2020, Megan achieved another number one hit when she collaborated with rapper Cardi B on the song “WAP.”

With a staggering 93 million streams within its first week of release, the single has smashed the record.

In 2020, she received nominations for close to 100 music awards and emerged victorious, securing 27 prestigious accolades.

Some of the most remarkable achievements included winning the Best Female Artist award from Apple Music, the Best Collaboration award from BET, and being recognized as the top female rap artist by Billboard.

In November, Megan capped off the year with the release of her first album, “Good News”.

In 2020, Good News made an impressive entry at the second spot on the Billboard Top 100 chart. Throughout the year, she commanded the music industry and has rightfully earned her place as one of the finest female rappers of the previous decade.

Rihanna And Megan Thee Stallion

In October 2020, fans were taken aback when Rihanna, who had joined Paris Hilton, Normani, and Bella Hadid as brand ambassadors for Savage X Fenty, made the surprising decision to unfollow Megan Thee Stallion in March 2022.

Days after the rapstress’ entire collection vanished from the website’s page, her name was nowhere to be seen.

Despite Megan promoting Rihanna’s lingerie line through photo shoots in 2020 and 2021, certain images from these shoots have inexplicably vanished from her Instagram. As a result, numerous speculations have arisen regarding the potential rift between them.

According to the prevailing theory, Rihanna allegedly excluded Megan from her social media circles after allegations surfaced that her boyfriend, A$AP Rocky, had cheated on her with Megan.

Megan Thee Stallion and Tory Lanez

During July 2020, a situation arose involving Canadian rapper Tory Lanez and singer Megan Thee Stallion. Megan Thee Stallion was observed entering a police car with bloodied feet and subsequently accused Tory Lanez of shooting her during an Instagram Live video. However, Tory Lanez refuted these allegations.

In October 2020, following an extensive inquiry into the circumstances preceding their altercation in Hollywood Hills that night, Lanez faced legal charges. He was accused of assault with a firearm and possession of an unregistered weapon for purportedly shooting at Meg’s feet.

Following his arrest, evidence surfaced indicating that he had sent remorseful texts regarding the altercation with Megan Thee Stallion and had made apologies during phone conversations prior to his sentencing.

In addition, Megan asserts that Tory attempted to bribe her with a sum of $1 million, urging her to keep silent about the incident.

Tory Lanez has been convicted on three felony charges, including assault with a semiautomatic handgun, possession of an unregistered firearm, and reckless discharge of the weapon. If sentenced, he could potentially be imprisoned for more than two decades.

The future of Tory Lanez remains uncertain as he confronts the possibility of imprisonment or even deportation, and only time will reveal what lies ahead for him.

Drake Talking About Megan Thee Stallion

Drake and 21 Savage faced criticism over their latest album titled ‘Her Loss’ due to lyrics that appeared to allude to the incident involving Megan Thee Stallion’s shooting.

Afterwards, Megan expressed her thoughts on Twitter, appealing to musicians to refrain from using her name or the incident of her shooting for their music or personal gain. Although Drake claimed that the lyric was merely intended as a joke, Meg failed to find any humor in it.

Megan Thee Stallion Net Worth Growth

Megan Thee Stallion Net Worth 2023

By May 2023, Megan Thee Stallion’s net worth stands at $8 million, predominantly derived from her music sales on popular streaming platforms such as Apple Music and Spotify.

In addition to her live performances and features, she earns a significant income. Her meteoric rise to stardom catapulted her to A-list celebrity status in just two years.

In addition, she has recently gained recognition from her hometown of Houston, receiving the key to the city in honor of her philanthropic efforts through her non-profit organization, the Pete and Thomas Foundation.

Due to the pandemic, Meg’s touring opportunities were restricted. However, with the gradual easing of restrictions, Meg is now gearing up to visit numerous cities nationwide.

As time passes, Meg’s influence both on and off the stage is set to expand, enhancing her value and increasing her popularity.

Frequently Asked Questions (FAQs)

Key Takeaways

Take Advice

Fortunately, Megan was able to heed the advice of her mother, an inspiring artist herself.

Thanks to her advice, Megan became one of the top female rappers by learning to embrace patience throughout her journey.

It is crucial to exercise caution when choosing who to seek advice from. Nevertheless, when it comes to individuals within your own field, it is highly advisable to attentively listen to their words of wisdom.

Love yourself

Megan’s motto, “Hot Girl,” goes beyond being a mere catchy phrase. She employs it as a means to unite women, aiming for them to embrace and cherish their bodies just as she does.

Her mindset enables her to express herself completely through music, connecting deeply with women all around the globe.

Embracing self-love involves acknowledging and accepting your true self. When you find inner contentment, the path to achieving success becomes significantly easier to navigate.