What is Travis Scott’s Net Worth? Travis Scott is an American rapper, singer, songwriter and record producer who has a net worth of $60 million.
Listed in 2019 as one of the world’s top 100 highest-paid celebrities, Travis Scott went from growing up in a crime-ridden neighborhood to becoming one of hip-hop and trap music’s biggest names.
Working with the likes of Kid Cudi, Kanye West, and Quavo of the group Migos, Scott is a Grammy award-winning artist with a lot of nominations to his name. Starting from humble beginnings, Travis Scott has also added music production to his repertoire, lending his producing skills to JAY-Z, Wale, Kanye West, T.I., Trinidad James, Madonna, Drake just to name a few.
| Net Worth: | $50 Million |
|---|---|
| Born: | April 30, 1992 |
| Country of Origin: | United States of America |
| Source of Wealth: | Professional Rapper |
| Last Updated: | 2022 |
Travis Scott’s Fact Card
Travis Scott’s Early LifeÂ
Travis Scott’s story began in the South-Central State of Texas. A native of Houston, the state’s largest city, Scott was born Jacques Berman Webster II on April 20, 1992. His mother worked for Apple, while his father was a business owner.
Scott lived with his grandmother in South Park, Houston; a crime-ridden neighborhood until he was six. The crime, violence, and overall degradation of the place affected him and as a result, became a driving force for him. Determined to make things better for himself, Travis left his grandmother’s and moved to Missouri City to stay with his parents.
While in Missouri, Scott attended Elkins High School and graduated at the age of 17. He then enrolled at the University of Texas-San Antonio but dropped out in his second year to pursue his music career full-time.
Scott happens to come from a line of musicians; his father is a soul musician, while his grandfather was a jazz composer.
He moved to New York City after dropping out of UTSA to pursue his music career. The move enraged his parents, and it wasn’t long before they cut him off financially.
How His Music Career Began
Travis Scott got into the music world in 2008. He first formed the duo, The Graduates, with his longtime friend Chris Holloway. Afterward, he released his first EP on the social media site MySpace.
In 2009, Scott teamed up with schoolmate OG Chess to form The Classmates. Together, they released the projects Buddy Rich (2009) and Cruis’n USA (2010), with Scott handling most of the production. The two stayed together until their split in 2012.
During his stay in New York City, Travis Scott lived with his friend Mike Waxx, the owner of the music website Illroots. Sleeping on his friend’s floor during his stay in NYC, Scott spent a lot of his time at producer Just Blaze’s studio. Progress wasn’t forthcoming, and he eventually moved to Los Angeles, California, after four months in NYC.
Abandoned by his friend who promised to help in Los Angeles, and cut off financially from his parents, Travis Scott was forced to move back with his parents. They eventually kicked him out of the house, and he had to move back again to Los Angeles.
This time, he was able to stay with a friend who attended the University of Southern California. While staying in Los Angeles, rapper and CEO of Grand Hustle Records, T.I., heard Travis Scott’s song and contacted Scott for them to meet up, hence his breakthrough.
Travis Scott’s Career Breakthrough and Achievements
After meeting with T.I. in Los Angeles, and subsequently meeting Kanye West, Scott released his debut mixtape Owl Pharaoh on May 21, 2013. Crediting T.I., West, and Bon Iver frontman Justin Vernon for helping the project take shape, the mixtape featured West, T.I., 2 Chainz, Wale, and Toro y Mol to name a few.
It was nominated for Best Mixtape at the 2013 BET Hip-Hop Awards. His sophomore mixtape, Days Before Rodeo, was released on August 18, 2014. The project featured such names as Rich Homie Quan, Big Sean, The 1975 (an English pop band), Young Thug, and others. Upon its release, Days Before Rodeo was met with critical acclaim from fans and critics alike.
Following Days Before Rodeo’s success, Travis Scott embarked on the Rodeo Tour, with Young Thug and producer Metro Boomin. The tour went through major cities in the US, including Illinois, Michigan, NYC, Philadelphia, and Los Angeles. It featured popular stars like Chris Brown, Birdman, and Kanye West.
Travis Scott would go on to release his second and third albums, Rodeo and Birds in the Trap Sing McKnight, on September 4, 2015, and September 2, 2016, respectively. Birds in the Trap Sing McKnight peaked at no. 1 on the US Billboard 200, becoming Scott’s first no. 1 album. On August 3, 2018, he released his third studio album, Astroworld. It debuted at no. 1 on the Billboard 200, making it his second no. 1 album.
Scott promoted his second album by going on the Birds Eye View Tour in 2017, with concerts in North America and Europe. From November 2018 to March 2019, he went on his Astroworld: Wish You Were Here Tour. So far, Travis Scott has released three studio albums, two collaborative albums, and two mixtapes.
Travis Scott Net Worth and Tour EarningsÂ
According to Forbes, Travis Scott is currently worth a massive $60 million. It’s no wonder he’s known as a big spender.
On Christmas Day, 2016, Scott surprised his family with a new luxury home as a gift. While dating Kardashian sister Kylie Jenner, he bought her a $60k 28-carat diamond necklace for her 20th birthday.
In 2017, he made headlines after he spent over $500k to buy gold chains for himself and members of his team.
Travis Scott has pointed out fellow rappers Kanye West, T.I., M.I.A., and Kid Cudi as influences. He has also mentioned musical acts Bon Iver, Tame Impala, Toro y Moi, and Thom Yorke as other inspirations.
From September 2017 to September 2018, Scott was able to earn $20 million in album sales, tours, and a Nike endorsement. By 2019, he was able to gross $65 million, thanks to his Astroworld Tour.
The music star lives luxuriously, owning a Lamborghini and several other luxury cars. Whenever he decides to travel, he usually does it from the comfort of private jets.
In 2020 Travis signed a $20 million endorsement deal with McDonald’s. In 2021 he paid a little under $6 million for the home immediately next door to his Brentwood home.
