Megan Thee Stallion Net Worth (Money & Salary)

Megan Thee Stallion’s Net Worth: How Much?

With a net worth of $30 million, Megan Thee Stallion is a rapper who has won multiple awards. She gained fame for her freestyle rap videos on social media. Winning three Grammy awards in March 2021 for Best New Artist, Best Rap Song, and Best Rap Performance further propelled her to stardom. Her mixtapes “Fever,” EP “Suga,” and debut album “Good News” all made it to the Billboard 200 chart. Her singles like “Hot Girl Summer,” “Savage,” and “Body,” along with her feature on Cardi B’s hit “WAP,” contributed to her mainstream success.

Endorsements Megan Thee Stallion’s Deals

In 2020, Megan became a global brand ambassador for Revlon. She appeared in a Cheetos commercial during the Super Bowl in February 2022 for which she was paid $2 million. Megan also partnered with Popeyes for $1 million and received a franchise as part of the deal.

Her other deals include a $3 million agreement with Time Inc. in 2022 to produce a documentary about her life and an exclusive first-look deal with Netflix to develop and executive produce new projects and series.

The Shooting Incident Megan Thee Stallion Faced

In July 2020, Megan revealed that she was shot multiple times by rapper Tory Lanez. She underwent surgery to remove the bullets, and Lanez, who initially denied the accusations, was later found guilty of the act. As a result, he was charged by LA County prosecutors and issued a protective order to stay away from Megan. He faces a potential 22-year prison sentence for the offense.

The 1501 Lawsuit Megan Thee Stallion Faced

Having signed with the Houston record label, 1501 Certified Entertainment, in 2018, Megan received a $50,000 advance. Disputes arose later, leading her to sue the label over royalty disagreements. The lawsuit revealed that 1501 had rights to a significant portion of Megan’s revenue, including publishing, royalties, touring, and sponsorships.

However, the lawsuit was settled amicably in October 2023 following representations from Jay-Z’s Roc Nation, to which Megan had signed in 2019.

Megan Thee Stallion’s Deal with Warner Music Group

In February 2024, Megan struck a deal with Warner Music Group allowing her to maintain independence while utilizing the company’s distribution and promotional services. She also gained complete ownership of her masters and publishing, enabling her to release new music through her label, Hot Girl Productions.

Megan Thee Stallion’s Background

Born Megan Jovon Ruth Pete on February 15, 1995, in San Antonio, Texas, Megan was raised by her rapper mother, Holly, in Houston. She began writing raps at a young age and attended Pearland High School after moving to Pearland at 14. Megan pursued her education at Prairie View A&M University, where her freestyle rap videos on Instagram caught attention, leading her to adopt the name Megan Thee Stallion.

Megan Thee Stallion’s Music Career Begins

In 2016, she released the single “Like a Stallion,” followed by the EP “Make it Hot” in 2017. Megan signed with 1501 Certified Entertainment in 2018, releasing the EP “Tina Snow.” By 2019, she had gained Billboard Hot 100 recognition with “Is it Love This Time.” Her mixtape “Fever” and the single “Hot Girl Summer” further propelled her career, leading to additional successes with “Suga” and the hits “Savage” and “B.I.T.C.H.”

Suga, Good News & Traumazine

Early in 2020, Megan unveiled her EP “Suga” and the hit “B.I.T.C.H.” The viral success of “Savage” and its remix with Beyoncé boosted her fame, with the track reaching the top of the Billboard 100 chart. These releases, along with her record labels, have contributed to Megan Thee Stallion’s ascent in the music industry.Megan Thee Stallion achieved more tremendous hits during the summer with singles like “Girls in the Hood” and “WAP,” the latter being her second chart-topping single in the US. This success led to eight nominations at the BET Hip Hop Awards and four nominations at the Grammy Awards. Ultimately, she won Best New Artist, Best Rap Song, and Best Rap Performance at the Grammy Awards.

Her debut studio album, “Good News,” released in November 2020, featured collaborations with artists like 2 Chainz, Mustard, Big Sean, Young Thug, and DaBaby. The album debuted at number two on the Billboard 200 and topped the Top R&B/Hip-Hop Albums chart, producing hit singles such as “Don’t Stop” and “Body.”

Megan Thee Stallion surprised fans on August 11, 2022, by announcing via Twitter that her second studio album, “Traumazine,” would be dropping the following day.

Other Collaborations

One of Megan Thee Stallion’s notable collaborations was her feature on Chance the Rapper’s track “Handsome” from his debut album “The Big Day.” Additionally, in early 2021, she appeared on the remix of Ariana Grande’s “34+35” alongside fellow rapper Doja Cat.

Style and Influences

Known for her confident and overtly sexual stage persona, Megan Thee Stallion incorporates explicit lyrics and clever wordplay into her music. She draws inspiration from artists like Lil’ Kim, Three 6 Mafia, and the Notorious B.I.G.

Personal Life

After her mother’s passing in March 2019, Megan Thee Stallion’s decision to pursue health administration was influenced by her late mother. She resumed her studies in the field at Texas Southern University.

In February 2021, Megan Thee Stallion confirmed her relationship with fellow rapper Pardison Fontaine during an Instagram Live session. Notably, she is a proud pet parent to six dogs, comprising three French bulldogs, a Cane Corso, a pit bull, and a merle dog.

Florida Mansion

In July 2021, Megan purchased a 7,600-square-foot mansion in Pinecrest, Florida, for $6 million. The property boasts a private lake in its backyard.