Travis Scott's Net Worth In 2024 May Not Actually Be Astro-nomical
Travis Scott
Travis Scott's net worth in 2024 is sky-high ... for now. He told Forbes in November 2020 that he'd like to get it even higher, though money wasn't everything to him.
"I don't think utopia is about high currency with everything being, like, a money thing. I think it's about people being naturally happy," he said.
While the rapper is rich beyond most people's imaginations (save perhaps his ex Kylie Jenner and her brood), Scott has a lot of pricey litigation to deal with following the Astroworld Festival tragedy in 2021.
Find out Travis Scott's net worth and how much of his money may be at risk.
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How did Travis Scott become famous?
Born Jacques Bermon Webster II in Houston, Texas, Travis Scott had music in his blood: His father was a soul musician and his grandfather was a jazz composer, and Scott learned to play drums from his uncle as a child. (He later adopted his uncle's name as half of his stage name, with "Scott" being inspired by Scott "Kid Cudi" Mescudi). He formed several fledgling musical groups with friends as a child and participated in musical theater in school. Scott graduated high school at 17 and enrolled in the University of Texas at San Antonio, but dropped out to pursue music full time.
He first released music on MySpace (yep, throwback) back in 2008, and continued making music independently for years. In 2012, rapper T.I. discovered a song Scott produced and had his management set up a meeting. He released his first mixtape, Owl Pharaoh, the same year, and eventually signed with Kanye West's G.O.O.D. Music label. While hip-hop heads loved him for years before, Scott's biggest breakout with mainstream pop audiences came courtesy of his high-energy 2017 Coachella performance.
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What is Travis Scott's net worth in 2024?
Travis Scott's net worth in 2024 is estimated at $80 million, according to Celebrity Net Worth—but those numbers don't convey everything.
The tragic crowd surge at the Astroworld Festival in Texas in 2021 left seven people dead and numerous injured. In the aftermath, Scott and the event organizers faced a litany of lawsuits—we're literally talking 300 of them, Rolling Stone reported, including a class action suit for $10 billion. Scott settled with three families of individuals who died, according to Rolling Stone.
After the tragedy, Scott launched Project HEAL, a multi-million dollar endeavor he self-funded that combines HBCU scholarships, mental health resources, public safety and emergency response support and the expansion of Scott's CACT.US Youth Design Center. Scott also pledged to donate a portion of proceeds from his non-music products to the project.
Lawyers and lawsuits are not cheap, and The Houston Chronicle reports several of the suits are still ongoing. Depending on how those play out, his net worth is at risk of a serious hit.
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What is Travis Scott net income?
Scott reportedly earns as much as $30 million to $40 million per year depending on his release and touring schedules.
Complex reports that in 2020, Scott made close to $100 million from endorsements alone, which included brands like McDonald's, PlayStation, Fortnite and Nike.
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How much does Travis Scott make a month?
Basing his estimated income on a $30 million annual figure, Scott would make about $2.5 million monthly.
How much did Travis Scott earn from Astroworld?
Forbes reported that Scott's Astroworld Festival grossed more than $53 million just in 2019. The album of the same title was certified triple platinum, and the lead-up to and the festival itself were the subject of the Netflix documentary Look Mom I Can Fly.
Due to the trampling and tragedy in 2021, the second day of that festival was canceled and none have been held since.
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How much did Travis Scott make from Utopia?
While his specific earnings for Utopia aren't publicly known, Scott sold a ton of copies of the album. He moved over 496,000 copies in the first week alone. Combined with album-sale equivalent streams, Utopia sold 1.085 million copies within the first five weeks of its release.
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How much did Travis Scott make from Fortnite?
Scott reportedly earned $20 million for his collaboration with Fortnite, which included a virtual concert that was free to (virtually) attend.
"It was an opportunity to go to the max, to create a world that permits won't let you do, fire marshals won't let you do, building codes won't let you do," an eerily prophetic Scott told Forbes in November 2020. "To have unlimited fun."
The partnership ended in November 2021 after seven people died at Scott's Astroworld Festival.
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How much did Travis Scott make from Nike?
Complex reports that Scott earns about $10 million annually from his Nike deal.
How much does Travis Scott get paid per show?
According to Variety, Scott made between $1.3 million to $1.8 million per show in the United States in 2023, plus an estimated $6 million for a single concert in Saudi Arabia.
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