Travis Scott's Net Worth: How He Built an $80 Million Empire
Travis Scott's Net Worth: How He Built an $80 Million Empire.
What is Travis Scott's Net Worth?
Travis Scott is a well-known American rapper, singer, songwriter, and record producer, boasting a net worth of around $80 million. At the height of his career, he was among the highest-paid and most popular rappers globally. During a busy touring year, he can rake in between $40 to $60 million from various projects.
However, he faced significant backlash after the tragic Astroworld Festival incident in November 2021, where ten lives were lost. On a personal note, Travis is also recognized for his relationship with Kylie Jenner, which began in 2017, and they share two kids together.
Scott is famous for his unique mix of hip-hop, trap, and psychedelic sounds. He first caught the spotlight with his 2013 mixtape "Owl Pharaoh," followed by "Days Before Rodeo" in 2014. His debut studio album, "Rodeo," released in 2015, really established him as a groundbreaking artist, featuring popular tracks like "Antidote."
His later albums, "Birds in the Trap Sing McKnight" (2016) and the highly praised "Astroworld" (2018), only boosted his fame further. "Astroworld" won the Best Rap Album at the Billboard Music Awards and was nominated for a Grammy in the same category. Its hit single "Sicko Mode" marked his first number-one track on the Billboard Hot 100.
Outside of music, Scott has also made waves in the fashion world, teaming up with big brands like Nike and even having a brief collaboration with McDonald's that featured a special meal and merchandise.
Early Life and Career Beginnings
Travis Scott, whose real name is Jacques Berman Webster II, was born on April 30, 1992, in Houston, Texas. He spent his early years living with his grandmother in South Park, a neighborhood known for its high crime rates, until he turned six. After that, he moved to Missouri City, a more middle-class area southwest of Houston, to be with his parents. He graduated from Elkins High School and started attending the University of Texas San Antonio but dropped out during his sophomore year to chase his dream in music.
In 2008, he teamed up with his longtime buddy Christ Holloway to create a music duo called "The Graduates," releasing their first EP on Myspace. The following year, he formed another group called "The Classmates" with his school friend OG Chess, and they put out two projects together. After leaving college, he headed to New York City to work with his friend Mike Waxx. However, feeling stuck and not making much headway, he decided to move to Los Angeles after just four months in NYC. In LA, he crashed on a friend's couch while he kept grinding on his music.
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Music Career
Travis Scott dropped his first solo mixtape, "Owl Pharaoh," which was supposed to be a free download back in 2012. However, it got held up because of some sample clearance problems. Finally, it hit the iTunes store in May 2013. He kept the momentum going with music and performances, including a set at the 2014 South by Southwest (SXSW) festival in Austin, Texas, before releasing his second mixtape, "Days Before Rodeo," in August 2014.
His debut studio album, "Rodeo," came out in September 2015 under Grand Hustle and Epic Records. The album features a bunch of guest artists like Quavo, Juicy J, Kanye West, The Weeknd, Swae Lee, and Justin Bieber, among others. It got a lot of love from both critics and fans, debuting at number three on the US Billboard 200 chart. Then in September 2016, he released his second studio album, "Birds in the Trap Sing McKnight," which became his first number-one album on the US Billboard 200. That same month, he also signed a global deal with Universal Music Publishing Group.
Scott teamed up with Quavo from Migos for their collaborative album "Huncho Jack, Jack Huncho," which dropped in December 2017. This was followed by his third solo project, "Astroworld," released in August 2018. The standout track "Sicko Mode" became his biggest solo hit, reaching number one on the Billboard Hot 100. He wrapped up 2019 with the release of "JackBoys," a collaborative album under his Cactus Jack label, which he started in March 2017. This album featured artists like Don Toliver, Sheck Wes, and producer Chase B.
Scott has also been behind some notable singles, including "Pick Up The Phone" (2016) with Young Thug and Quavo, which went double platinum, as well as 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 the "Game of Thrones" HBO series.
Beyond his own music, Scott has made a name for himself as a producer for other artists. He served as the executive producer for Kanye West's compilation album "Cruel Winter" on the G.O.O.D. Music label. Additionally, he has produced tracks for big names like Kanye West, Jay-Z, Trinidad James, Big Sean, John Legend, Drake, and Madonna, including Rihanna's hit "Bitch Better Have My Money."
Scott has received a lot of recognition at different award shows. He snagged the People's Champ Award at the 2016 BET Hip Hop Awards and took home the Top Streaming Song (Audio) award for "Sicko Mode" at the 2019 Billboard Music Awards. In 2017, he was nominated for Album of the Year at the Grammys for his collaboration on Justin Bieber's album Purpose. He also got another Grammy nomination in 2018 and picked up several more in 2019, including nods for Best Rap Album and Best Rap Song.
Other Ventures
Scott dropped his documentary "Look Mom I Can Fly" on Netflix in August 2019. He’s also got a bunch of brand collaborations under his belt. His official partnership with Nike kicked off in 2017 when he featured in a campaign for the VaporMax sneakers that May. He launched his first shoe with Nike, a collab on the Air Force 1, in December 2017, followed by the Travis Scott x Air Jordan 4 "Cactus Jack" in June 2018, the Travis Scott x Nike Air Force 1 "Sail" in August 2018, and the Travis Scott x Nike SB Dunk in February 2020. Scott also ventured into design with a capsule collection that paid homage to his Texan roots, which he released with Helmut Lang in early 2017.
On top of that, Scott was featured in an ad campaign for the Saint Laurent Spring/Summer 2019 collection. The luxury brand even produced a music video for his 2019 song "Can't Say," providing him with his entire wardrobe for the shoot. He also appeared in a 2018 Samsung commercial themed around Fortnite, alongside streamer Tyler "Ninja" Blevins.
Personal Life
Scott started dating reality star and entrepreneur Kylie Jenner in April 2017. They welcomed their daughter, Stormi Webster, on February 1, 2018, but the couple split in September 2019.
Earnings
From September 2017 to September 2018, Travis raked in $20 million from touring, record sales, and his Nike deal, making him one of the top 15 highest-paid rappers that year. Between June 2018 and June 2019, he earned a whopping $60 million, with his Astroworld tour bringing in $65 million. From June 2019 to June 2020, he made another $40 million.
In 2020, Travis landed a sweet $20 million endorsement deal with McDonald's.
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Real Estate
Back in 2019, Travis dropped $14 million on a massive 12,000-square-foot pad in Houston, his hometown. This place, built in 2005, is nestled on 1.5 acres in a gated community.
Then in June 2020, he splurged $23.5 million on a stunning mansion perched in the hills of Brentwood, Los Angeles. The following year, he picked up the house right next door for just under $6 million.
In October 2018, Kylie and Travis Scott teamed up to buy a Beverly Hills home for $13.45 million. They put it on the market in October 2022 for just shy of $22 million.
Travis Scott’s journey showcases the incredible heights one can achieve with passion, creativity, and hard work. From his humble beginnings in Houston to becoming a global music and fashion icon, he has continually pushed boundaries in the entertainment industry. With chart-topping hits, successful brand collaborations, and innovative ventures, Travis has solidified his place as a multifaceted superstar.
His influence extends beyond music, inspiring fans worldwide with his artistry and bold vision. As he continues to evolve and expand his legacy, Travis Scott remains a powerful force in shaping the future of music, culture, and entrepreneurship.