MoneyBagg Yo is an American rapper and songwriter. Over the past few years Moneybagg Yo’s net worth has skyrocketed and he’s become one of the best known names in the industry.
As of 2023, MoneyBagg Yo's net worth is estimated to be $4 million.
|Demario DeWayne White Jr.
|Source(s) of Fame
|Date of Birth
|September 22, 2021
|Place of Birth
|South Memphis, Tennessee, USA
Demario DeWayne White Jr., also known as Moneybagg Yo, was born on September 22, 1991 in South Memphis Tennessee. Moneybagg, the oldest of three siblings, dropped out of high school after watching his mother struggle to provide for him and his siblings. He began running the streets as a way to make money and provide for those important to him.
During his free time, Moneybagg and his best friend Elo began to freestyle rap for fun. With the support of his best friend and family he began to believe he had what it took to pursue rapping as a career. WIth their support he released Federal, a mixtape that had great success in Memphis and the surrounding area. Heartbreak hit when Elo was fatally shot in 2015. After Elo’s death, Moneybagg started to take his career seriously. He wrote the album ELO, a tribute to his late friend and inspiration.
His first two albums to make the Top 20 chart were Federal 3X and 2 Heartless, debuting at No. 5 and No. 16, respectively, on the Billboard 200. His third album was Time Served and in January of 2020 made number three on the Billboard 200. His fourth and most recent album, A Gangsta’s Pain was released in April of 2021 and became his first number one project.
Worked with many famous names including Megan Thee Stallion, Jeezy, Future, Tyga, J. Cole, Lil Durk and countless others.
Moneybagg is currently signed to Collective Music Group, a record label owned by Memphis rapper Yo Gotti. With the success of this most recent album release Moneybagg is charging $200,000 for each show.
It’s reported that he was arrested in 2016 on the charge of drug and weapon possession. He is suspected to have been involved in a New Jersey rest stop shooting.
In 2018, Moneybagg Yo converted to Islam. His Shahada, declaration of faith to Islam, was received from Kevin Gates. After converting to Islam Moneybagg Yo stopped drinknig alcohol. It’s reported that during Ramadan, Moneybagg prays five times a day and fasts.
Rumors started that Moneybagg was in a relationship with Megan Thee Stallion after being seen together multiple times and appearing on his single All Dat. Megan confirmed through official sources that they had broken up in 2019.
In January 2020, Moneybagg started dating social media personality and model Ari Fletcher. On her official Instagram, Air confirmed that Moneybagg gave her a customized Rolls Royce. As of 2021 they are reported to still be together.
He has a total of eight children (four sons and four daughters) with four different women starting in high school.
MoneyBagg Yo is active on many social media platforms. He has 2.4 million subscribers on YouTUbe, 10 million monthly listeners on Spotify and 7.5 million followers on Instagram.
MoneyBagg Yo is a rapper out of Memphis TN and has risen in popularity over the past few years. He has a current net worth of $4 million.