Net Worth

Post Malone Net Worth: How Did Post Malone Become So Wealthy?

Lakshmi

post malone net worth

Post Malone is a rapper, singer, songwriter, guitarist, and record producer from the United States. Post Malone is worth $45 million dollars. His music is noted for incorporating elements from a variety of genres, including hip hop, pop, country, and rock. His breakthrough came in 2015 with his debut single “White Iverson.”

Early Life and Beginnings of Career

Austin Richard Post was born in Syracuse, New York, on July 4, 1995. Following his father’s hiring as concessions manager for the Dallas Cowboys, the family relocated to Grapevine, Texas, where he was raised by his father and stepmother. As a former DJ, his father introduced him to a wide range of musical styles.

In Texas, Post began playing the guitar and joined a heavy metal band. According to Post, he chose the stage name “Post Malone” when he was 14 or 15 by combining his last name and the rap name generator result “Malone.” At the age of 16, he recorded his debut mixtape, “Young and After Them Riches.” After completing high school, he temporarily attended Tarrant County College in Fort Worth, Texas, then dropped out and came to Los Angeles with his friend Jason Probst.

In Los Angeles, Post, Probst, and a number of other producers and musicians established the group BLCKVRD and made music together. Several members also lived in the San Fernando Valley together.

There, Post met Rex Kudo, who produced a number of his songs, including “White Iverson.” “White Iverson” was uploaded on Post’s SoundCloud account in February 2015, and a music video was released in July 2015.

 

View this post on Instagram

 

A post shared by @postmalone

How Does Post Malone Spend His Money?

Many celebrities desire to reside in the Hollywood Hills. Malone had alternative plans for his rock star getaway. According to TMZ, Malone purchased a $3 million home outside of Salt Lake City in 2018.

Malone is an avid automotive enthusiast. In 2019, Malone purchased a white 2019 Bugatti Chiron for $3 million. At one point, he also had a Rolls-Royce Wraith worth $320,000.

Post Malone is exactly like the rest of us when it comes to preparing dinner at home, despite his immense wealth. He is prepared to order the delivery immediately. According to The Hollywood Reporter, the rapper spent over $40,000 on Post-mates deliveries in 2018.

Obtaining Success

Within a month of its release, “White Iverson” reached one million views, garnering accolades from Mac Miller and Wiz Khalifa. As a result, record labels began to take notice of Post, and in August 2015, he got a recording contract with Republic Records. After being invited to play at Kylie Jenner’s 18th birthday party, he began working with notable rappers such as Kanye West, whom he met. They worked together on the track “Fade” off Kanye’s album “The Life of Pablo.”

“August 26”, Post’s first mixtape after being signed, was released in May 2016, followed by “Stoney,” his debut studio album, in December. The RIAA certified the album as double platinum in October 2017. Post released the first song from his second album, “Rockstar,” featuring 21 Savage in September 2017.

It occupied the top spot on the Billboard Hot 100 chart for eight straight weeks. The album’s second single, “Psycho,” featuring Ty Dolla Sign, was released in February 2018 and debuted at number two on the Billboard Hot 100. Post’s second studio album “Beerbongs & Bentleys” was released in April 2018 and broke the first-day Spotify streaming record with 78.7 million global streams.

“Beerbongs & Bentleys” received Post four nominations for the Grammy Awards. “Hollywood’s Bleeding,” his third studio album, was released in September 2019 and debuted at number one on the Billboard 200.

In August of 2018, Post broke Michael Jackson’s 34-year-old record for most weeks on Billboard’s Top R&B and Hip-Hop Albums list with “Stoney’s” 77th week on the chart, surpassing “Thriller’s” 76-week run. Post has collaborated with a variety of artists on a variety of other musical endeavours.

 

View this post on Instagram

 

A post shared by @postmalone

He collaborated with Swae Lee on the song “Sunflower” for the soundtrack of the 2018 film “Spider-Man: Into the Spider-Verse.” Other prominent collaborations include “Goodbyes” with Young Thug, released in July 2019.

As his own primary songwriter, Post obtains greater royalties than the majority of recording artists. As for concert money, Post grosses $500,000 per event.

In 2018, he launched his own music festival, Posty Fest, which sold out before the lineup was released. In addition, Post receives sponsorships from companies including HyperX, True Religion, and Bud Light. In addition to performing at numerous Bud Light events, such as their Bud Light: Dive Bar concerts, Post and Bud Light have released a limited-edition fashion line that went on sale in August 2019.

Earnings and Other Activities

Post Malone earned $60 million between June 2019 and June 2020 from his many enterprises. This was sufficient to make him one of the world’s highest-paid rappers.

The majority of his income comes from touring. His tour made $1.3 million each city in 2019 and 2020. Additionally, he has earned millions from endorsements with businesses such as Bud Light Seltzer, which includes a memorable Super Bowl advertisement. In June of 2020, 2020 Post released Maison No. 9 rosé.

Life And Controversies

After Post’s breakup with Ashlen Diaz in November 2018, their three-year romance came to an end. He spends much of his time in Los Angeles, California, but also has a $3 million, 13,000-square-foot house in northern Utah. On September 1, 2018, he was robbed with a firearm at his previous residence in the San Fernando Valley, California.

He is well-known for his edgy personal style, which includes an extensive collection of face tattoos gathered over the years. His face tattoos are particularly well-known. These include barbed wire across his forehead, the words “Stay Away” over his right eyebrow, the words “always” and “weary” beneath both eyes, and the word “STONEY” below his chin.

 

View this post on Instagram

 

A post shared by @postmalone

Post Malone’s Net Worth

Post Malone is a legend in the American music industry, having achieved notable success at a very young age. In 2013, he made his debut as a professional singer. His first two years as a professional have been difficult as he attempts to establish himself. Despite the fact that he has not slowed down since the release of his first single, he has hit a number of key milestones. As of 2017, Post Malone is an incredibly wealthy and successful individual, with a net worth of $50 million.

How Did Post Malone Become So Wealthy?

As simple as that: he is wealthy due to the vast number of people that stream and listen to his songs! Post Malone was the most popular musician on Spotify in 2019, with over 6.5 billion streams globally. Hollywood’s Bleeding, his third studio album, has achieved more than 100 million streams on a music streaming service.

How Much Money Does Post Malone Make From A Single Concert?

Post Malone composes the great majority of his music for similar reasons as Billie Eilish, which means he gets more royalties than musicians who rely on third-party songwriters. According to Billboard, Malone’s other source of income is touring, where he currently earns $500,000 each performance before taxes and expenses.

 

View this post on Instagram

 

A post shared by @postmalone

Individuality and Controversy

The three-year partnership between Post and Ashlen Diaz terminated in November 2018. Currently, he resides in Los Angeles, California, but he also owns a $3 million, 13,000-square-foot residence in northern Utah. On September 1, 2018, his old residence in San Fernando Valley, California was burglarized.

He is well-known for his daring personal style, which includes an extensive array of face tattoos. He has several tattoos on his face, including barbed wire over his forehead, “Stay Away” above his right eyebrow, “always” and “weary” under both eyes, and “STONEY” below his chin.

Multiple periodicals and social media accounts have accused Post of being a “cultural vulture,” which is a source of contention. These accusations allege that he has “appropriated” African-American culture. In January 2018, Post unleashed a drunken tirade against anyone who accuse him of such conduct.

Several days later, in an interview with GQ, he stated, “Being a white rapper is difficult.” In an interview with a Polish media site, he stated that modern hip-hop lacked “people talking about actual sh*t” and that “if you want to think about life, don’t listen to hip-hop.” Among the critics were fellow rappers Lil B and Vince Staples, as well as social media users.