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Lil Durk is a well-known American rapper, singer, and songwriter. He founded Only The Family (OTF), a Chicago-based record label home to so many notable recording artists.
Durk has been active in the music industry for over a decade and has released several successful albums and singles.
His albums have earned him significant fame in the hip-hop industry recently. His hard work and dedication have helped him build a substantial networth, which grows yearly.
What Is Lil Durk Net Worth
As of 2023, Lil Durk’s net worth is around $5.4 million. This net worth estimate is from his Youtube channel, which has 4.94 million subscribers and attracts over 89 million views monthly.
When you add income from these other streams, the artist will be worth over $30 million. This article will x-ray Lil Durk’s early life, career, achievements, annual net worth growth, and more. Read on to find out.
Lil Durk’s Net Worth Growth
The music artist has continuously grown his net worth over the years, placing him in the class of rappers who have amassed some fortune in the entertainment industry.
Here is a breakdown of Lil Durk’s estimated annual net worth in the last few years
- Net worth in 2023: $5.4 million
- Net worth in 2022: $4 million
- Net worth in 2021: $3 million
- Net worth in 2020: $2.2 million
- Net worth in 2019: $700k -$1.6 million
Again, this earning estimate is from his Youtube channel, with over 89 million views monthly. An average Youtube channel earns, on average, $3 to $7 for every one thousand views. This makes him one of the richest rappers in the world, next to the likes of Latto, 42 Dugg, Milan Christopher and Glorilla.
The music artist also earns income from record deals, endorsements, royalties, album sales, concerts, and stage shows. However, he has kept his earnings from these income streams private.
Career And Awards
Lil Durk started his music career in 2011 after releasing his debut mixtape “I’m a Hitta,” which gained popularity in his hometown. Since then, the rap artist has distinguished himself as a talented rapper and won many hearts through emotive lyrics and streetwise flow.
Early in his career, Lil Durk was associated with the drill music scene in Chicago. However, as he continued to grow in his career, his style of music also experienced considerable changes.
His music’s theme is centered on pain, loss, and struggle. These reflect the artist’s experiences growing up in a rough neighborhood and losing friends and family to gun violence.
The release of his mixtape “Signed to the Streets” in 2013 was the big break that launched Lil Durk into the limelight. He has since released other successful projects, including “Remember My Name” and “The Voice.”
Aside from his solo work, Lil Durk has collaborated with many notable artists, like Drake, Polo G, Kanye West, Cardi B, 50 Cents, and more.
Lil Durk has had multiple songs reach the top 10 on the Billboard Hot 100, including “Laugh Now Cry Later” with Drake, which peaked at #2 in 2020.
His albums and singles have also received gold and platinum certification from the Recording Industry Association of America (RIAA).
Lil Durk won two Grammy Awards in 2022 for his feature on Drake’s “Fair Trade” and Best Melodic Rap Performance for his solo track “Refugee.” He has also been nominated for BET Awards, MTV Video Music Awards, and more.
Investments And Endorsements
Lil Durk has, over the years, signed endorsement deals with some notable brands, including the streetwear brand Young and Reckless. Also, the rap artiste endorses Luc Belaire and Ethika.
Aside from these endorsement deals, the music star also has a couple of investments. In 2021, OTF Manager Ola Ali revealed in an interview that he was helping Lil Durk and other team members invest in the gaming industry.
Lil Durk also has investments in the trucking industry and a couple more investments in the real estate industry. In an interview with VladTV, the rapper revealed that he ventured into the trucking industry with two trucks but now has nine to his name.
Lil Durk hails from Chicago, Illinois. His real name is Durk Derrick Banks, and he was born on October 19th, 1992, in Chicago’s Englewood neighborhood.
Englewood happens to be one of Chicago’s most violent and impoverished neighborhoods. So, growing up, Lil Durk experienced many of the struggles and hardships common in underprivileged communities.
His family was not wealthy, and his father was incarcerated for much of his childhood. Lil Durk’s mother had to fend for her family and raise the children alone.
Despite these challenges, Lil Durk found solace in music at a young age. The singer said he was inspired by artists like Lil Wayne, Chief Keef, and Meek Mill and began writing and recording his music as a teenager.
He also found himself drawn to street life and started selling drugs to make money. Unfortunately, his involvement in the drug trade resulted in several run-ins with the law.
He was arrested multiple times and spent time in juvenile detention centers. These experiences significantly impacted him, making him crave a way out of the dangerous lifestyle.
Music provided the perfect escape route for him. Lil Durk has experienced personal tragedy, including the deaths of several close friends and family members.
In 2020, his close friend and fellow rapper King Von was killed in a shooting in Atlanta, followed by his older brother, Dontay “D-Thang” Banks Jr., to gun violence.
Lil Durk has been arrested a couple of times between 2011 and 2020 for possession of firearms, attempted murder, aggravated battery, and other offenses in connection with a shooting in Chicago.
Quick Facts About Lil Durk
|Net Worth:||$155 Million|
|Full name/Real Name:||Durk Derrick Banks|
|Popular name:||Lil Durk|
|Date of Birth:||October 19, 1992|
|Place of Birth:||Chicago, Illinois|
|Country of Origin:||United States of America|
|Height/How Tall:||5 ft 9 in (1.8 m)|
|Weight:||158 lbs (72 kg)|
|Lil Durk Zodiac Sign||Libra|
|Profession:||Singer, songwriter, rapper|
|Social Media Accounts:||Instagram, Twitter, Facebook|
Regarding his lifestyle, Lil Durk is known for his flashy fashion sense and expensive jewelry. He often raps about his wealth and success, and his music videos frequently feature luxury cars and high-end fashion brands.
Lil Durk has been in several high-profile relationships throughout his career. In 2008, Lil Durk met and married Nicole Covone.
They had two children together but split up in 2013 after the arrival of their second child.
Later in 2014, Lil Durk and Dej Loaf became an item. However, the duo broke up in 2016, and the reason for the break up was that they were too busy to grow their relationship.
In 2017, Lil Durk hit it off with India Royale. In October 2018, they welcomed their first and only child, Willow Banks.
Rumors of their split have come to the surface several times. However, India Royale officially announced in September 2022 that they are no longer an item.
Lil Durk has a total of six children from different women. Nicole Covone bore him his first two kids, while India Royale bore him Willow, the last.
One of his longtime sweethearts, Tameka Kute, was speculated to be the mother of one of his kids. However, the mothers of his two other children remain unpopular.
1. How much does Lil Durk charge for a Feature?
The cost of featuring Lil Durk is $350,000. The amount has increased over time and is determined by factors such as the length and complexity of the verse, the duration of the feature, and other factors.
2. Why did Lil Durk and India Royale split?
Rumor has it that Lil Durk likely was cheating on India Royale and even fathered a child from cheating. This allegedly led to a strained relationship and eventually caused a split.
3. Did Lil Durk’s record label give him $40 million?
Early last year, Lil Durk took to his Twitter account to boast about a $40 million deal with his record label, Alamo Records.
His announcement stirred various reactions. While some people took it in, others wondered what such a huge sum was for.
My label gave me 40million let’s talk bout it
— THE VOICE (@lildurk) March 13, 2022
4. How did Lil Durk’s brother die?
Lil Durk’s brother, Dontay Banks, was popularly known as DThang. He was one of the promising upcoming rappers in Chicago.
However, his career ended when he was shot at a strip club in Harvey. Sadly, DThang died on the spot of the incident.
5. How much does Lil Durk charge for shows?
In a tweet in 2020 after the release of his album “The Voice,” the music star tweeted that he is charging $200,000 for shows.
Lil Durk Quotes
I’m just trying to show people that I ain’t gotta ride off no movement. I can ride off myself.
I’m my own boss, you know?
I’m really living my dream so if I were to change anything up, I probably wouldn’t be where I am.
When I do shows, I take pictures and make the fans feel like family. All of that really matters. That’s the cheat code if you ain’t got a hit.
My message is just showing people how I came from nothing.
I’ll never stick to one sound, I switch it up.
I don’t wish jail on nobody, not even my worst enemies.
I gotta stay in that light where people will see me and hear me. And not be scared of me, you know?
In recent years, Lil Durk has become a prominent figure in the hip-hop community, pushing the boundaries of the rap genre.
With his unique style and raw lyrics, Lil Durk continues to push the boundaries of the rap genre and cement his place as one artist to be reckoned with in his generation.