Lil Pump Net Worth (Money & Salary)

Lil Pump’s Net Worth – How Much is It?

Lil Pump’s net worth is estimated at $12 million. He is recognized as a key figure in the SoundCloud rap scene and achieved significant success on Soundcloud with millions of streams. Known by his real name Gazzy Garcia, Lil Pump has also used the alias Trapper of the Century.

Origin Story

Gazzy Garcia, professionally known as Lil Pump, was born on August 17, 2000, in Miami, Florida. His parents, originally from Colombia, separated when he was six years old. At the age of 13, Lil Pump was introduced to Smokepurpp by his cousin Lil Ominous. This meeting led to a collaborative relationship between Lil Pump and Smokepurpp, resulting in their eventual expulsion from multiple schools. Lil Pump later attended an alternative high school but was expelled during the tenth grade due to his involvement in a physical altercation and incitement of a riot.

Career Highlights

Lil Pump’s musical journey began when Smokepurpp produced a track for him to freestyle over. This track, released independently on SoundCloud in 2016 under the title “Lil Pump,” marked his debut single. Lil Pump then continued to release successful singles like “Elementary,” “Ignorant,” “Gang Shit,” and “Drum$tick,” each amassing over three million plays. His rapid rise to fame on SoundCloud earned him prominence in the underground rap scene of South Florida, known for its distinct “SoundCloud rap” style. In 2016, Lil Pump co-headlined the “No Jumper” tour and performed at the Rolling Loud Festival. The following year, his singles “D Rose” and “Boss” became huge hits on SoundCloud, garnering a combined total of 70 million streams. The popularity of “D Rose” led to the production of a music video by Cole Bennett, also known as Lyrical Lemonade. This video, released on YouTube in January 2017, quickly amassed 145 million views by July 2018.

On June 9, 2017, Lil Pump signed a record deal with The Lights Global and Warner Records, just two months before turning 17. However, in January 2018, his contract with Warner Bros. Records was terminated as he was a minor at the time of signing. Despite this setback, Lil Pump announced through Twitter in July 2017 that he was working on an album for an August release. However, the album was delayed, leading to the release of “Gucci Gang,” his first entry onto the “Billboard” Hot 100 chart.

Lil Pump’s eponymous debut mixtape dropped in 2017, achieving high rankings on the US Rap, US R&B/Hip-Hop, and “Billboard” 200 charts. His breakout single, “Gucci Gang,” peaked at #3 on the US Rap and US R&B/Hip-Hop charts, earning gold certification from the RIAA in January 2018 and triple platinum status by July of the same year. In October 2017, Lil Pump released his debut studio album, “Lil Pump,” featuring collaborations with Smokepurpp, Gucci Mane, Lil Yachty, Chief Keef, Rick Ross, and 2 Chainz. His other successful singles include “Back” featuring Lil Yachty and “Iced Out” featuring 2 Chainz.

In January 2018, Lil Pump collaborated with producer Carnage on “I Shyne” and subsequently re-signed with Tha Lights Global and Warner Records for a reported $8 million in March of the same year. His single “Esskeetit,” released the following month, debuted and peaked at #24 on the “Billboard” Hot 100, with a live performance on “The Tonight Show with Jimmy Fallon” in May 2018. Later that summer, Lil Pump dropped “Drug Addicts” along with a music video featuring actor Charlie Sheen.

By late 2018, Lil Pump had amassed over 11 million YouTube subscribers and nearly two billion views on the platform. With over one billion streams on Spotify, his collaboration with Kanye West on “I Love It” debuted at #1 on the streaming songs chart on September 22, 2018. The track garnered 46 million streams in its first week and quickly topped the Canadian Hot 100 chart. While preparing for his album “Harverd Dropout,” Lil Pump announced a tour in August 2018, which unfortunately had to be canceled the following month due to unforeseen circumstances.

In October 2018, Lil Pump dropped the single “Multi Millionaire” featuring Lil Uzi Vert. In February 2019, he released a track with Lil Wayne titled “Be Like Me” along with an accompanying music video, which he performed on “Jimmy Kimmel Live!” on February 25, 2019. Lil Pump’s second studio album, “Harverd Dropout,” was released on February 22, 2019, featuring collaborations with Kanye West, Lil Wayne, Smokepurpp, Lil Uzi Vert, 2 Chainz, Offset, Quavo, and YG.

On September 16, 2020, he released the single “Life Like Me” exclusively on SoundCloud, followed by several more SoundCloud exclusives and collaborations. In 2021, Lil Pump and producer Ronny J quietly unveiled a new album titled “No Name,” which unfortunately underperformed due to limited marketing efforts. His subsequent studio album, “Lil Pump 2,” was released in 2023.

Personal Details

Lil Pump has spoken openly about his struggles with dyslexia and the challenges he faces with reading.

In February 2018, Lil Pump was arrested for firing a weapon in a populated area. According to his manager, the incident occurred when three individuals attempted to break into his residence in the San Fernando Valley, prompting Lil Pump to discharge a firearm at the door. Subsequent investigations revealed that the shot may have originated from within the house, leading to a search warrant that uncovered an unloaded handgun beneath the balcony and ammunition elsewhere in the residence. Garcia’s mother was investigated for endangering a minor and possessing an unsecured firearm on the premises.

A few months after this incident, Garcia was arrested in Miami for driving without a valid license. In October 2018, his manager disclosed that the rapper had served a jail sentence due to a parole violation related to the driving incident, without providing further specifics. In December of the same year, Garcia was detained in Copenhagen after a performance at Vega for marijuana possession. He received a $700 fine and a two-year ban from entering the country.

In 2021, the IRS filed a lien on Lil Pump’s Miami residence for unpaid taxes totaling $1.6 million. Subsequently, additional liens were issued, with the federal agency claiming outstanding sums of nearly $130,000 for 2020 and over $141,000 for 2021, bringing Lil Pump’s total tax debt to approximately $2 million.

In April 2022, Lil Pump deployed

Announced on Instagram was the passing of his father, Fabio Garcia. Then, in July 2023, Lil Pump stated his intention to retire from music and pursue a career as an astronaut.

Warner Brothers Contract

Signed in March 2018 was a recording contract with Warner Brothers that included an $8 million advance. The contract structured payments at $9,000 in the first year, $12,000 in the second year, and $15,000 from the third to the seventh year. Notably, he received a 14% share of royalties in the United States and up to 66% in select sales formats. The $8 million advance implies that Pump cannot earn additional money until the advance is recouped. Failing to repay the advance could pose challenges in securing future deals.

Real Estate

In July 2019, Lil Pump acquired a 5,000-square-foot waterfront mansion in Miami Beach for $4.6 million.