How Gucci Mane Achieved a Net Worth of $12 Million
Gucci Mane is an American rapper who began his career in the music industry in 2001. Although he comes from a humble background and had a slow start to the beginning of his music career, he has since enjoyed a phenomenal level of success and now has a personal net worth of $12 million. So, how did he get so rich?
He was born as Radric Delantic Davis on February 12, 1980, in Alabama. He had a turbulent home life when he was growing up and his personal situation worsened as he became a drug dealer by the time he was in his late teens. His real passion was music and he had begun rapping at the age of 14. After a period of his life when he was in trouble with the police, he released ‘LaFlare’ on Str8 Drop Records. This was distributed throughout Alabama. He decided he wanted to start a record label and founded LaFalre Entertainment later in 2001. During this time he made many connections that would become important later in his career.
In 2005, Gucci Mane released his debut album ‘Trap House’ and this was considered a success considering he was an independent artist. He spent the next few years collaborating with other artists on singles and releasing mixed tapes before he released his commercial debut album ‘Back to the Trap House’ in 2007.
Since then, he has gone on to enjoy huge success in the music industry and has released a total of 12 albums, from which there have been many singles that have reached high positions on the charts. In 2017, he released the studio album ‘El Gato: The Human Glacier’ and also the collaborative album ‘DropTopWop’ with Metro Boomin. He is releasing ‘Evil Genius’ in 2018.
Not only has his music led to his commercial and financial success, it has also increased his profile and led to him receiving critical acclaim. He has won multiple awards for his work in the music industry.
As a rapper, the main source of Gucci Mane’s net worth is clearly from his music and this has been made through record sales, downloads, and ticket sales from live performances. He has also made money from related merchandise sold at his performances or in retail outlets.
However, music is not the only way that Gucci Mane has achieved a net worth of $12 million as he has been involved in a range of other ventures at various stages during his career. One such venture was acting and he made his debut in the film industry in 2007. Since then, he has appeared in several films and usually appears as himself. The exception to this was in 2013 when he played the role of Archie ‘Big Arch’ in ‘Spring Breakers’. His most recent film was ‘The Spot’ which was released in 2015’.
Gucci Mane has also launched his own clothing range called ‘Delantic Clothing’. This was launched in 2016 and includes a range of apparel, such as hoodies, T-shirts, and underwear. Prior to the official launch, he used social media to give fans a sneak peek of some of the line’s products.
A further sideline in his career has been writing and he published ‘The Autobiography of Gucci Mane’ in September 2017. He wrote this in collaboration with Neil Martinez Belkin who is a former editor of XXL Magazine. The book was an immediate success and became a New York Times bestseller. His role in a film, his clothing range, and the sales from his autobiography have all raised Gucci Man’s profile and contributed to his net worth of $12 million.
As he continues to work in the music industry, his net worth will continue to rise as he makes sales from both new and previous work. He also has plans to continue with his acting career and to take on other business ventures that interest him as and when the opportunities arise. Each of these will also add to his personal wealth, so Gucci Mane has the potential to become one of the biggest earners in the hip-hop genre in the music industry.
In his personal life, Gucci Mane has been married to Keyshia Ka’oir since October 17, 2017. He also has a son from a previous relationship and this is something he revealed in his autobiography.