Meek Mill Net Worth

As of 12/21/16, the Meek Mill net worth total of $12.8 million comes from $1 million in album sales plus $665,834 from singles. There’s also $5.4 million from YouTube, $5 million from endorsements and a whopping $13.2 million from concerts. If that total of $25.3 million in earnings looks too high, it is. If dreams really are worth more than money, the IRS takes a gigantic $10.8 million of Mill’s, while payouts to agents and other expenses take another $3.8 million.

Meek Mill was born Robert Rihmeek Williams in 1987. The rapper was raised in Philadelphia and released his first album Dreams and Nightmares in 2012. That album sold 414,000 copies and earned $4.5 million. According to industry analysts, Mill kept only 8.85% of that money or $402,663. Mill has released 20 singles as lead artist and is featured in 15 songs by other artists. Six of the musician’s singles have received at least an RIAA Gold certification, meaning they sold at least 500,000 copies each. Two Mill singles, All Eyes on You and R.I.C.O. went Platinum, selling over one million units apiece.

Mill has toured heavily since 2012, regularly performing anywhere from 7 to 75 shows in arenas of 2,500 to 18,000 seats. Mill earns an average of $3.3 million per year from performing live.

As of 12/13/16, rumors of a Mill/Minaj breakup stem from an Instagram post by Minaj reading “You blew it” and “I’m so over u.”

Meek Mill Net Worth Facts

Meek Mill’s net worth is $10.8 million. That’s 1/8th the size of Drake’s net worth of $88 million. Lil Wayne’s net worth is $62 million. That’s six times bigger than the Meek Mill net worth total.

Meek Mill’s net worth is 1/3 as big as The Game’s net worth of $37 million and 1/3 the size of Wiz Khalifa’s $31 million. Kanye West has 6 times as much net worth as Meek Mill with $62 million. Jay Z has 50 times more with his gigantic net worth pile of $554 million.

What about outside the music industry? The Meek Mill net worth sum is three times bigger than President Barack Obama’s net worth of $3.2 million. It’s 161 times more than most Americans have scraped together at just $68,000.

Related: Drake Net Worth

Meek Mill Net Worth Timeline

The Meek Mill net worth story began in 2011. In that year, Mill started his career with a few small concerts and a YouTube channel that would eventually grow to over half a billion views.

Mill’s first major concert tour started in 2012 and earned him nearly $3 million. He also released his first studio album that year, titled Dreams and Nightmares. Two hit singles capped off the year with sales of over 500,000 each.

From 2012 through 2015, Mill has earned a total of between $3 million and $9 million a year. After taxes and expenses, that grew his wealth by around $2 million every year. The chart below shows how the Meek Mill net worth tale shakes out visually.

Meek Mill Net Worth Sources

Where does the Meek Mill net worth wellspring flow from? Mostly concerts at $13 million total. Another $5 million comes from brand endorsement deals. $4 million comes from YouTube ad revenue and another million from sales of albums. Singles sales bring up the rear with about $1 million in total revenue.

What about the Meek Mill salary number? The rapper’s salary since 2012 has averaged $5.4 million. That gives total earnings of $24 million. Taxes take back $10 million and expenses siphon off another $3.6 million.

Meek Mill’s feud with Drake started in 2015 when Mill accused the superstar of not writing his own music.

Music Sales and Meek Mill Net Worth

Album sales add $1 million to the Meek Mill net worth total. Mill has two studio albums: 2012’s Dreams and Nightmares and the 2015 Dreams Worth More than Money. Neither album won an RIAA certification, but reports place the sales at 414,000 and 350,000 respectively. Meek Mill writes some of his own music. That puts his percentage of music sales at about 8.85% according to industry experts.

Mill has also released four collaborative albums, two EPs and nine mixtapes. All together, those records have sold a combined estimated total of 300,000. A per-unit price of $10.99 gives the final Meek Mill album earnings figure of $1 million.

Mill has released several singles. Only two are RIAA certified. 2012’s Amen has sold 650,000 units. The single Dreams and Nightmares accounts for another 650,000. The rest of Mill’s singles account for another 1.3 million in sales. With singles where Mill appears as a featured artist added in, all singles add a total of $722,072 to the Meek Mill net worth fortune.

Related: Dr. Dre Net Worth

Concert Tours and Meek Mill Net Worth

Concert tours are a big money source for almost any artist. Concerts pump $13 million into the Meek Mill net worth figure. A check of concert polling service Pollstar doesn’t turn up Mill in any of the top 100 or top 200 concert tour lists. That would put Meek’s concert earnings at less than $4 million per year in North America and less than $15 million a year worldwide.

In 2012, Mill performed in 75 shows in venues averaging 2,500 seats each, with ticket prices at around $40. If he’d sold the venues out, he would have made $7.5 million from the tour. Giving Pollstar the benefit of the doubt, we’ve estimated that Mill only filled each venue to half capacity on average. That gives him $3.5 million in total revenue. Since big name stars keep about 85% of concert earnings, that put about $3 million in Mill’s pocket.

We used similar math to arrive at the other Meek Mill net worth from concerts figures in the table below. The one place we had to disagree with Pollstar was the 2015 tour. In that year, Mill did 22 shows in venues averaging 18,000 seats each. If he’d sold the venues out, that would have added $16 million to his net worth. Even cutting our estimates down to half capacity still gives Mill nearly $8 million for the tour. It’s possible that Pollstar only does estimates for big venues and avoids collecting data on the smaller clubs and theaters.

Related: Tyga Net Worth

Meek Mill Net Worth from YouTube, Endorsements, Merchandise

YouTube slots $5.4 million into the Meek Mill net worth box. The money comes from ad revenue. Industry insiders say YouTube ads for big name stars earn about $7.60 per 1,000 views. Doing the math gets us to our Meek Mill YouTube total.

An interesting question is whether Mill can still collect ad revenue while under 90 day probation. His sentence prevents him from releasing new music while he’s serving time in house arrest. However, a judge recently said although the rapper can’t release new albums for sale, he can release them on YouTube or other venues where the work is available “for free.” Does the judge know about the ad revenue? We hope he doesn’t read this article if not.

Meek Mill Endorsement Deals

Meek Mill’s net worth benefits from endorsement deals to the tune of $5 million. Mill isn’t a huge draw when it comes to endorsement dollars. Big name stars like LeBron James and Taylor Swift can make anywhere from $10 million to $30 million a year from endorsement deals alone. Meek Mill doesn’t pull that kind of money.

Even so, Mill is a big name in music. He has landed deals with Skull Candy Headphones and Puma, among others. At a glance, it’s obvious those deals don’t carry the kind of cash value of a deal with Beats By Dre or Nike. Still, we estimate Mill’s sponsor pay at about $1 million annually.

Meek Mill Taxes, Expenses and Investments

If people kept every dollar they made, the Meek Mill net worth final number would be $24 million. Unfortunately for the rapper, nobody gets away from taxes and expenses. Mill lives in Pennsylvania. The state has a 3.07% flat tax rate. Add that to Meek’s top U.S. Federal tax bracket of 39.6% and you’ve got 42.67%. That chops about $1 million a year from Mill’s earnings, or $10.2 million over the course of his career.

Mill’s expenses are estimated at 15% per year for cost of living, agent fees and staff. That’s another $3.6 million down the tubes. Fortunately for Mills, he likely makes about another 6% per year in investments or $637,000 total.

Related: Kanye West Net Worth

Drugs and Meek Mill Net Worth

Meek Mill was convicted of drug possession. If Mill spends a considerable amount of his money on drugs, his net worth could be a lot lower than our estimate. Is Meek Mill clean? His drug conviction happened back in 2009. It’s possible he’s cleaned up his act and isn’t spending large amounts on chemical recreation. If so, the Meek Mill net worth estimate above is probably pretty close to reality.