Travis Scott Net Worth 2024: How the Rapper Built His Fortune

Travis Scott, a renowned rapper and entrepreneur, has amassed a significant fortune over the years. With successful albums, lucrative endorsements, and various business ventures, his net worth has seen substantial growth. This article delves into Travis Scott's financial journey, highlighting the key factors that have contributed to his impressive wealth in 2024. From music sales to brand collaborations, discover how Travis Scott continues to expand his empire and solidify his status as a top earner in the entertainment industry.

Aug 26, 2024 - 10:27
Travis Scott Net Worth 2024: How the Rapper Built His Fortune
Discover Travis Scott's net worth in 2024, exploring his earnings from music, endorsements, and business ventures. Learn how the rapper became a multimillionaire.

Who & What is Travis Scott's Net Worth?

Travis Scott is an American rapper, singer, songwriter, and record producer who has a net worth of $80 million. At his peak, Travis Scott was one of the highest-paid and most popular rappers in the world. In a touring year Travis can easily earn $40 – $60 million total from his various endeavors. Unfortunately, Travis earned considerable negative headlines following the November 2021 Astroworld Festival disaster in which ten people died.  Travis is also notable for his relationship with Kylie Jenner. They first started dating in 2017 and have two children together.

Known for his distinctive blend of hip-hop, trap, and psychedelic music, Scott first gained major attention with his mixtape "Owl Pharaoh" in 2013 and his follow-up "Days Before Rodeo" in 2014. His debut studio album, "Rodeo," released in 2015, solidified his reputation as an innovative artist, featuring hits like "Antidote." Scott's subsequent albums, "Birds in the Trap Sing McKnight" (2016) and the critically acclaimed "Astroworld" (2018), have further elevated his status. "Astroworld" won Best Rap Album at the Billboard Music Awards and was nominated for the same category at the Grammy Awards. Its hit single "Sicko Mode" became Scott's first number-one song on the Billboard Hot 100 chart.

Beyond music, Scott has made his mark in fashion with collaborations with major brands like Nike and a short-lived partnership with McDonald's, which included a special meal and merchandise.

Early Life and Career Beginnings

Travis Scott was born Jacques Berman Webster II in Houston, Texas, on April 30, 1992. He lived with his grandmother in South Park, Houston, a high-crime area, until age six, at which point he moved to Missouri City, a middle-class suburb southwest of Houston, to live with his parents. He graduated from Elkins High School and enrolled at the University of Texas San Antonio, eventually dropping out his sophomore year to pursue a music career.

Scott formed the music duo "The Graduates" with longtime friend Christ Holloway, releasing their untitled first EP on Myspace in 2008. In 2009 he formed the group "The Classmates" with schoolmate OG Chess, releasing two projects together. After dropping out of college, he moved to New York City, where he worked with his friend Mike Waxx. Frustrated with a lack of progress, Scott moved to Los Angeles after spending only four months in NYC. In Los Angeles, he slept on a friend's couch as he continued to produce music.

Music Career

Travis Scott's first solo full-length project, a mixtape titled "Owl Pharaoh," was scheduled for release as a free download in 2012, but the project was delayed due to sample clearance issues. It was eventually released in May 2013 on the iTunes store. He continued to make music and perform, including at the 2014 South by Southwest (SXSW) music festival in Austin, Texas, before releasing his second mixtape, "Days Before Rodeo," in August 2014.

His first studio album, "Rodeo," was released in September 2015 by Grand Hustle and Epic Records. It features guest appearances from artists such as Quavo, Juicy J, Kanye West, The Weeknd, Swae Lee, and Justin Bieber, to name a few. It was well-received both critically and commercially, debuting at number three on the US Billboard 200 chart. His second studio album, "Birds in the Trap Sing McKnight," was released in September 2016 and became his first number-one album on the US Billboard 200. That same month, Scott also signed a worldwide deal with Universal Music Publishing Group.

Scott's collaborative album with Quavo from the rap group Migos, "Huncho Jack, Jack Huncho," was released in December 2017. It was followed by his third solo album, "Astroworld" in August 2018. "Sicko Mode," the album's second single, became his highest-charting solo single after peaking at number one on the Billboard Hot 100. In He ended the year 2019 with the release of a collaborative album, "JackBoys," from his Cactus Jack record imprint (launched in March 2017). It featured artists Don Toliver, Sheck Wes, and producer Chase B.

Notable singles and tracks Scott has worked on include "Pick Up The Phone" (2016) with Young Thug and Quavo (certified double platinum by the RIAA), Drake's "Portland" (2017), Kris Wu's "Deserve" (2017), "Watch" (2018) with Kanye West and Lil Uzi Vert, and "Power is Power" (2019) with The Weeknd and SZA for HBO series "Game of Thrones."

In addition to his own music, Scott has been a noted producer for other artists. For example, he was executive producer on Kanye West's G.O.O.D. Music label's compilation album "Cruel Winter." Scott has also produced songs and albums for artists such as Kanye West, Jay-Z, Trinidad James, Big Sean, John Legend, Drake, and Madonna. He produced the hit single "Bitch Better Have My Money" by Rihanna.

Scott's work has been well-recognized at various awards ceremonies, including his People's Champ Award win at the 2016 BET Hip Hop Awards and at the 2019 Billboard Music Awards, where he won Top Streaming Song (Audio) for "Sicko Mode." He was nominated for Album of the Year at the 2017 Grammys as a featured artist on Justin Bieber's album Purpose. He was nominated for another Grammy in 2018 and several more in 2019, including Best Rap Album and Best Rap Song.

Other Pursuits

Scott's documentary film "Look Mom I Can Fly" was released on Netflix in August 2019. He also has several brands that he works with. His official partnership with Nike began in 2017 when he starred in a Nike campaign for the VaporMax sneak in May that year. He released his first shoe with Nike, an Air Force 1 sneaker collaboration, in December 2017, followed by the Travis Scott x Air Jordan 4 "Cactus Jack" release in June 2018; Travis Scott x Nike Air Force 1 "Sail" release in August 2018; and Travis Scott x Nike SB Dunk release in February 2020. Scott's other forays into the world of design include a capsule collection inspired by his Texan roots, released with fashion brand Helmut Lang in early 2017.

Additionally, Scott has starred in an advertising campaign for the Saint Laurent Spring/Summer 2019 collection. The luxury house produced the music video for his 2019 track "Can't Say," providing his full wardrobe for the project as well. Scott was also in a 2018 Fortnite-themed Samsung commercial alongside streamer Tyler "Ninja" Blevins.

Personal Life

In April 2017, Scott began dating reality television star and entrepreneur Kylie Jenner. Jenner gave birth to their daughter Stormi Webster on February 1, 2018. The couple separated in September 2019.

Earnings

Between September 2017 and September 2018, Travis earned $20 million between touring, record sales, and his Nike endorsement deal. That was enough to make him one of the 15 highest-paid rappers on the planet for the year. Between June 2018 and June 2019, he earned $60 million. His Astroworld tour grossed $65 million. Between June 2019 and June 2020, he earned $40 million.

In 2020, Travis signed a $20 million endorsement deal with McDonald's.

Real Estate

In 2019, Travis paid $14 million for a 12,000-square-foot home in his native Houston. Built in 2005, the home sits on 1.5 acres within a gated community.

In June 2020, Travis paid $23.5 million for a mansion high up in the hills of Brentwood in Los Angeles. In 2021, he paid a little under $6 million for the home immediately next door to his Brentwood home.

In October 2018, Kylie and Travis Scott co-acquired a home in Beverly Hills, CA, for $13.45 million. They listed this home for sale in October 2022 for a little under $22 million. 

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Frena V I’m Frena, an author at TheNextArticle. I have a deep passion for writing and enjoy exploring a wide range of topics. From breaking news and technological advancements to economic trends and startup stories, I love delivering fresh and engaging content. My goal is to provide valuable insights and keep readers informed with every article I write.