Fetty Wap’s net worth is $2.5 million. That’s sky high for a rapper who released his first album only a few months ago. Fetty Wap has earned a total of $6 million in his life, but taxes and expenses chopped away more than half that.
Maybe not surprisingly, the bulk of Fetty Wap’s earnings come from YouTube. The star has half a billion views on his Harlem Fetty YouTube channel. If industry estimates are right, that translates to over $4 million in earnings for the star.
Fetty Wap Net Worth Facts
Here’s how Fetty Wap’s net worth stacks up compared to other stars. It’s important to remember Wap released his first album only in September of 2015, while stars like Jay Z have been cutting discs since 1996.
|Fetty Wap net worth||$2,512,832|
|Fetty Wap net worth vs Jay Z net worth||205 times smaller|
|Fetty Wap net worth vs Dr. Dre net worth||296 times smaller|
|Fetty Wap net worth vs Wiz Khalifa net worth||12 times smaller|
|Fetty Wap net worth vs Drake net worth||35 times smaller|
|Fetty Wap net worth vs The Game net worth||3 times smaller|
|Fetty Wap net worth vs Kendrick Lamar net worth||13 times smaller|
|Fetty Wap net worth vs Lil Wayne net worth||23 times smaller|
|Fetty Wap net worth vs Selena Gomez net worth||18 times smaller|
|Fetty Wap net worth vs typical American family net worth||37 times bigger|
Fetty Wap’s net worth of $2.5 million is almost 300 times smaller than Dr. Dre’s net worth of $745 million. It’s 205 times smaller than Jay Z’s net worth. Wiz Khalifa’s net worth of $31 million is 12 times bigger than Fetty Wap’s net worth. Kendrick Lamar’s net worth of $33 million eclipses Fetty Wap’s net worth by 13 times. Fetty Wap’s net worth is 37 times bigger than the typical American family’s at just $68,000.
Fetty Wap Net Worth Over Time
Fetty Wap just got started. The rapper released a hit single in 2014 and three more in 2015. Wap didn’t release his first studio album until September 2015. Because of his recentness, the star’s net worth has only just started to build.
|Fetty Wap net worth 2013||$0|
|Fetty Wap net worth 2014||$1,085,883|
|Fetty Wap net worth 2015||$2,512,832|
The Fetty Wap net worth rocket is about to take off. The star’s Welcome to the Zoo tour kicks off in February 2016. Tickets for the tour are now on sale. Wap tweeted about the tour on 1/6/16.
s/o see you all on the #WelcomeToTheZooTour https://t.co/NOUkawO21N
— FettyWap1738 (@fettywap) January 6, 2016
Fetty Wap Net Worth Breakdown
Believe it or not, most of Fetty Wap’s net worth comes from YouTube at $4 million in earnings. Concert earnings account for another $1 million, while music sales have brought in just $700,000. That’s a total lifetime earnings take of $6 million. Taxes chop out $2.9 million and expenses eat another $600,000. That leaves Fetty Wap with a net worth of $2.5 million. See the details of each earnings category below.
Album Sales and Fetty Wap Net Worth
Fetty Wap has only released one studio album to date. The self-titled Fetty Wap has sold 214,000 copies to date. The EP For My Fans has sold 50,000 copies. The two mixtapes Up Next and Coke Zoo have sold 10,000 and 50,000 copies each. According to industry experts, hit singers like Fetty Wap who write their own songs keep 11.1% of the revenue from album sales. That puts Fetty Wap’s total album sales money at $395,000.
|Albums||Year||Unit Sales||Unit Cost||Fetty Wap Earnings (at 11.1% of Sales)|
|For My Fans ( Fetty Wap EP)||2015||50,000||$10.99||$60,995|
|Up Next (Mixtape)||2014||10,000||$10.99||$12,199|
|Coke Zoo (Mixtape)||2015||50,000||$10.99||$60,995|
|Total Fetty Wap Album Sales||324,000||$395,244|
Singles Sales and Fetty Wap Net Worth
Fetty Wap has earned $558,000 from sales of singles. His first single, 2014’s Trap Queen, became a sleeper hit and sold 1.5 million copies. At 11.1% of sales, Fetty Wap earned $331,000 from the song. Wap’s three other hits, 679, My Way and Again all came out in 2015. Sales of those singles are still rolling in. Fetty Wap has also appeared in numerous singles from other stars as a featured artist. All together, Wap has earned about $16,000 for those appearances.
|Singles||Year||Unit Sales||Unit Cost||Fetty Wap Earnings (at 11.1% of Sales)|
|Trap Queen (Fetty Wap's biggest hit single)||2014||1,500,000||$1.99||$331,335|
Concerts and Fetty Wap Net Worth
Fetty Wap is an incredibly hard working star who has played in 103 concerts so far. About 43 of those shows were in nightclubs. 20 were in small theaters and 43 were in amphitheaters. We estimate Wap’s earnings for each night club appearance at $2,000. We put his money for each small theater appearance at $5,000. Finally, we figure the rapper’s earnings for amphitheaters so far at $20,000 each. That adds up to a total of $986,000 for concerts so far to the Fetty Wap net worth total.
|103 total Fetty Wap shows:|
|43 night clubs||$2,000 each||$86,000|
|20 small theaters||$5,000 each||$100,000|
|40 ampitheaters||$20,000 each||$800,000|
YouTube and Fetty Wap Net Worth
YouTube is by far the biggest source of Fetty Wap’s net worth. The rapper gets most of his money from showing ads on his YouTube videos. The star’s YouTube channel, Harlem Fetty, has a million subscribers and half a billion views. Internet advertising experts say YouTube pays about $7.60 for every 1,000 views. Doing the math, Fetty Wap has earned $4 million from YouTube views.
|YouTube||Earnings per 1,000 views||Fetty Wap YouTube Earnings|
Fetty Wap Net Worth: Putting it All Together
In the tables above, we’ve listed Fetty Wap’s earnings from album sales, singles sales, concerts and YouTube. But earnings is only a part of the Fetty Wap net worth story. The rapper’s $6 million in earnings is chopped down by taxes and expenses, then boosted back up a small amount by investment income.
Fetty Wap is in a 39.6% federal tax bracket. The rapper lives in Paterson, New Jersey, which means he pays another 8.97% in state taxes. That gives Fetty Wap a total 48.57% tax chunk. Applying that to his earnings gives a total lifetime tax bill of $2.9 million.
Expenses like cost of living and agent fees slice another 10% out of the Fetty Wap net worth pie. That adds up to $600,000 in expenses so far. Finally, Fetty Wap almost certainly invests whatever money is left over after taxes and spending are out of the way. He’s only been a millionaire a short while, but even so the star has likely earned about $33,000 in investment income.
|Fetty Wap Net Worth Calculations||Fetty Wap Total Earnings||Taxes (at 48.75%)||Expenses (at 10% of income)||Investment Income (figured at 6% of net worth)||Fetty Wap Net Worth|
Can’t get enough Fetty Wap? The star has his own Emoji pack. Fans of the rapper can now share their feelings with his iconic face. Check out Wap’s Instagram share below.
Just in time for the holidays. Get my official emoji pack exclusively on Moji Keyboard on iOS. Go to www.fettywapemoji.com to download A photo posted by 🔥RemyBoyz🔥“1738”💯 (@fettywap1738) on
There’s at least some evidence the recent Fetty Wap net worth boost isn’t going to the star’s head. He’s sharing the loot, even throwing $2,000 out into a mall. Check out his tweet on the event below.
Got to see my daughter today , took her shoppin and I was so happy I threw 2k in the mall never no who needed it 💯💰 #Wap — FettyWap1738 (@fettywap) November 22, 2015