American rapper and singer-songwriter, Machine Gun Kelly’s Net Worth is estimated to be $25 Million as of 2024. MGK started rapping while still in high school and quickly gained a large local following through the release of several mixtapes. In 2011, MGK’s career took off as he inked a deal with Bad Boy and Interscope Records. Machine Gun Kelly earns over $7 Million annually through his music royalty income. Machine Gun Kelly earns a $4 Million salary for the movies he stars in.
Machine Gun Kelly’s Net Worth
Machine Gun Kelly’s Net Worth is estimated to be $25 Million. Machine Gun Kelly earns over $7 Million annually through his music royalty income. The Net Worth of Machine Gun Kelly’s is estimated to be $25 Million. MGK started rapping while still in high school and quickly gained a large local following through the release of several mixtapes.
In 2011, MGK’s career took off as he inked a deal with Bad Boy and Interscope Records. Machine Gun Kelly earns over $7 Million annually through his music royalty income. Machine Gun Kelly earns a $4 Million salary for the movies he stars in.
| Net Worth | $25 Million |
| Spotify Income | $4 Million |
| Apple Music Earnings | $2 Million |
| Assets | $10 Million |
| Investments | $12 Million |
| Loans and Liabilities | $5 Million |
| Annual Income | $7 Million |
Machine Gun Kelly’s Assets and Investments
Machine Gun Kelly owns over 6 real estate properties, 5 Cars, 1 Luxury Yachts. Machine Gun Kelly’s Assets also includes Cash reserves of over $4 Million. Machine Gun Kelly also owns an investment portfolio of 7 stocks that is valued at $3 Million. A few of the stocks owned by Machine Gun Kelly are listed below. Checkout Future Net Worth.
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- Walmart
- Apple
- Amazon
- Berkshire Hathaway
- ATandT
Machine Gun Kelly Net Worth Growth Rate
| Machine Gun Kelly Net Worth in 2024 | $25 Million |
| Machine Gun Kelly Net Worth in 2023 | $23 Million |
| Machine Gun Kelly Net Worth in 2022 | $20 Million |
| Machine Gun Kelly Net Worth in 2021 | $19 Million |
| Machine Gun Kelly Net Worth in 2020 | $17 Million |
Machine Gun Kelly’s Cars
Machine Gun Kelly has recently bought a Jaguar F-PACE for $66,000 USD. Machine Gun Kelly also owns a BMW X8 that cost him $100,000 USD. A Few other cars owned by Machine Gun Kelly are listed below. Also, see Kanye West Net Worth.
- McLaren 720S
- Range Rover Autobiography
- Aston Martin DBX
Machine Gun Kelly Liabilities and Loans
In order to compute the correct net worth of Machine Gun Kelly, we need to deduct his liabilities from his total Assets. In order to build his business empire, Machine Gun Kelly has borrowed over $4 Million in loans and mortgages from leading banks in the US.
Machine Gun Kelly House
Machine Gun Kelly has bought a 8,900 square foot luxury house for a cost of $7 Million. Machine Gun Kelly has then renovated and expanded the house by hiring an architectural design firm and spending an additional $2 Million For this luxury home, Machine Gun Kelly hasimported German oak flooring covers the vast great room, which offers dedicated areas for relaxing, dining and cooking. A fireplace warms one end of the room. Also See Kid Rock Net Worth.
Machine Gun Kelly’s house is shaped like a short U. The two extensions are linked by glass overhanging panels. The second floor is smaller than the first, which allowed for several balconies on the sides of the house. This floor has a different style than the floor below.
Machine Gun Kelly’s Music Royalty Income
According to Forbes, Machine Gun Kelly is one of the highest-earning music artists, with an annual income exceeding $6 Million. This income for Machine Gun Kelly comes from multiple music platforms like Spotify, Apple Music, Amazon Music, YouTube, etc.
- Spotify– $4 Million
- Apple Music– $2 Million
- Amazon – $500,000
- Other Companies – $1 Million
Machine Gun Kelly Wiki
| Full Name | Colson Baker |
| Known names | Machine Gun Kelly, MGK |
| Age | 33 years |
| Height | 6 ft 3 in (1.92 m) |
| Weight | 167lb (76kg) |
| Worth | $25 Million |
Exclusive Facts about Machine Gun Kelly
| Zodiac Sign | Taurus |
| Favorite Actor | Johnny Depp |
| Favorite Dish | Pancakes |
| Favorite Colour | White |
| Pet name | Rex |
| Favorite Sport | Soccer |
| Favorite Music Artist | Eminem |
| Favorite Holiday Destination | Australia |
| Eye Color | Blue |
| Hair Type | Blonde Hair |
| Tattoos in his body | 83 Tattoos |
Machine Gun Kelly Bio
Machine Gun Kelly was born in Houston, Texas and experienced multiple moves until 2005 when he and his family settled in Cleveland, Ohio – the city Kelly associates himself with the most.Delivering lyrics with the speed of a bullet train, Cleveland rapper Machine Gun Kelly experienced a meteoric rise in late 2011 when he transitioned from grinding out self-released mixtapes to working with major labels.Machine Gun Kelly’s breakthrough came with the 2006Stamp of Approvalmixtape which garnered several eyeballs.
Machine Gun Kelly rose to fame after releasing his first four mix tapes, Stamp Of Approval, Homecoming, 100 Words and Running, and Lace Up. Machine Gun Kelly had his first starring role in the romantic drama Beyond the Lights, and since appeared in the techno-thriller Nerve, the horror Bird Box, the comedy Big Time Adolescence and portrayed Tommy Lee in the biopic The Dirt. During Machine Gun Kelly’s music and acting career, Machine Gun Kelly earned much respect, honor, acclaim, and lasting success.
FAQs
What is Machine Gun Kelly's real name?
Colson Baker.
How much does Machine Gun Kelly make in a year?
Machine Gun Kelly earns over $7 Million annually through his music royalty income.
Why did Machine Gun Kelly stop rapping?
Machine Gun Kelly had a beef with Eminem, which made him to stay away from rapping and rather choose a different music path.
How Much is Machine Gun Kelly worth?
As per the recent public filing documents with IRS, the net worth of Machine Gun Kelly is estimated to be over $25 Million.
How did Machine Gun Kelly get famous?
Through his highly successful mix tapes, MGK has grown immense fan following in the music industry.