Jaydayoungan’s net worth is $1.5 million. The late American rapper and musician made the bulk of his fortune from his music career, including live performances, streams, and the like. He also had an official merchandise store and made money from selling various categories of merch to his teeming fans.
Jaydayoungan often touted his wealth in several of his songs. He also posted pictures of wads of cash on his Instagram page. He was quite ambitious and even planned to set up his own record label someday and sign other acts. That was, however, not to be as he was gunned down in front of his home in Louisiana on the 27th of July 2022. Jaydayoungan was 24 years old at the time of his death and was buried a month later.
Jaydayoungan’s Net Worth and How He Made His Money
Jaydayoungan had an estimated net worth of $1.5 million before his death in 2022. The American rapper and singer made his money from his music and prided himself on his achievement. He often touted his wealth in several of his songs as well. In ‘Man in the Mirror’, he described himself as the money machine. In ‘Scarred’, he rapped that when he stepped on the scene, there was money all in his jeans. In ’23 Island’ he talked about new money, old money piling on as well as a new bag and a brand new deposit.
Jaydayoungan’s Music Videos Have Nearly One Billion Views on YouTube
One of the primary sources of Jaydayoungan’s net worth was his social media earnings. This does not come as a surprise as he grew his career on social media. Jaydayoungan began rapping as a teenager growing up in the town of Bogalusa, Louisiana. He eventually dropped out of school at the age of 18 to pursue a full-time music career. This was in 2016, and he utilized the power of social media effectively.
Jaydayoungan created his YouTube channel on the 9th of January 2016 and began posting his tracks there. This garnered some traction, encouraging him to keep on posting some more. By 2017, Jaydayoungan released a mixtape titled Ruffwayy. The mixtape spurned several hit singles, including ‘Interstate’ which garnered 4 million YouTube views in just a month.
Following that initial breakout, Jaydayoungan continued to post his songs on YouTube. They typically attracted millions of views. A look at the rapper’s social media stats shows that he has 1.38 million subscribers on his channel. He uploaded 162 videos to his channel and this has attracted over 863,979,234 views.
Sources have it that YouTube can pay as high as $3 per 1000 streams of videos with ads through their YouTube monetization program. If you do the math, it shows that Jaydayoungan possibly made as much as $2.5 million from YouTube alone.
The Rapper’s Music Has About Three Billion Streams on Platforms Such as Spotify and Soundcloud
Another lucrative contributor to Jaydayoungan’s net worth is music streams across digital platforms such as Spotify. After initially gaining fame on YouTube, Jaydayoungan did not relent in his craft. He continued issuing mixtapes after mixtapes. They include ‘Wake Up’, ‘Turning Off’, ’23’, ‘Forever 23’, ‘Endless Pain’, and ‘Misunderstood’. These mix tapes spurned several hit tracks. Some of the songs that helped make Jaydayoungan quite famous include ‘Elimination’, ‘Thot Thot’, ‘Purge’, and ’23 Island’.
Jaydayoungan released most of his mixtapes and tracks digitally on streaming platforms such as Spotify and Soundcloud. His songs performed well with the listening public with each one garnering millions and tens of millions of streams. Such success helped him land record deals. He also went on to drop a full-length album titled Baby23 in 2020. The album made it to No. 46 on the US Billboard 200 chart as well as No. 30 on the US Top R&B/Hip-Hop albums.
Estimates from Atlantic Records show that Jaydayoungan’s music has been streamed 2.8 billion times as of 2021 alone. It is reasonable to assume that the streams have crossed the 3 billion mark in 2022. The payment for music streams is shrouded in a lot of controversies but it is believed that the likes of Spotify pay about 0.006 per stream.
When we crunch the numbers, it means that Jaydayoungan’s music streams have generated about $18 million. It must, however, be pointed out that the whole money won’t have gone to him. His record label, composers, writers, and other copyright holders have a share.
Jaydayoungan also Performed Several Live Shows all over the United States
Jaydayoungan also made a lot of money from giving concerts and public performances across the United States and beyond. Though the rapper never officially embarked on a tour, he had a busy performance schedule. He performed in several American cities such as Denver, San Antonio, Illinois, Charlotte, Atlanta, New Orleans, Boston, Brooklyn, etc.
The exact amount that Jaydayoungan was paid for each of these concerts is not known, but it would have ranged from five to six figures meaning that he made hundreds of thousands of dollars through this avenue.
He Also Had an Official Merch Store That is Still Active
One lucrative and stress-free way for musicians to make money is through the selling of various branded merchandise. Jaydayoungan also took advantage of this to grow his net worth during his lifetime. His official merch store featured t-shirts as well as other types of clothing and apparel. There are also branded joggers, masks, and hoodies.
These items went for as much as $39 per piece. Jaydayoungan also had some merchandise in honor of his first child that was born in 2020. The merch includes a Baby23 onesie as well as pacifiers. The items generated lots of sales even after the rapper’s unfortunate demise.
The Rapper Will Continue to Earn Royalties From His Music Even in the Wake of His Death
Jaydayoungan may have died with a net worth of $1.5 million, but it is quite possible that it would grow if his estate is managed properly. For one, his estate will still receive a portion of royalties every time his music is streamed or licensed for use in TV shows, movies, video games, etc.
His estate administrators may also decide to release new previously unreleased music from his catalog. When that is done, it will generate new revenue for him as well. Then they could also decide to follow in the footsteps of Kanye West and other musicians and sell his catalog. That will definitely fetch a good price on the market.
Sources of Jaydayoungan’s Net Worth at a Glance
- YouTube Views
- Music Streams
- Live performances
- Merchandise Sales