Kevin Gates Net Worth [Why Is It So Low?]

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Profession/Career:	Rapper, Entrepreneur
Net Worth:	$1.5 million
Salary:	$500,000+
Companies:	Bread Winners’ Association (co-founder)
College:	Baton Rouge Community College (dropped out)
Major/Degree:	Master’s in Psychology (through a prison program)
Real Name:	Kevin Jerome Gilyard
Date of Birth (Age):	February 5, 1986 (37 years old)
Place of Birth:	New Orleans, Louisiana
Height:	6 ft 3 in

Frequently Associated With

Bread Winner’s Association
Atlantic Records
Wiz Khalifa
Trey Songz
Ty Dollar Sign
Jamie Foxx
DaBaby

Also check out the net worth of other rappers like Drake and Bad Bunny.

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Net Worth of Kevin Gates

Kevin Gates’ net worth is estimated to be roughly $1.5 million.

Most of his money has been made from his music career. He is signed on to Bread Winner’s Association, which is a record label that he helped to co-found, and also has a partnership with Atlantic Records.

Why is Kevin Gates’ net worth so low?

Kevin Gates made over $12 million from music, but he also does spend quite lavishly, and saving his money isn’t on his mind. He’s still got his rap game going and continues to make money as he becomes more and more recognized in hip-hop.

Over the years though, despite his lavish spending, we expect his net worth to go up significantly, as he has invested a lot of time and money into his record label business and that should pay him some nice dividends in the long run.

How much has Kevin Gates made throughout his music career

The rapper has made over $12 million from his career in music. This includes sales from albums, mixtapes, and singles, as well as from tours and merchandise. He’s also had a few endorsement deals with Nike, Beats by Dre, and other companies.

How Kevin Gates started his career

Kevin Gates is an American rapper, singer, and entrepreneur who got his start in the music industry in the early 2000s. Gates was born Kevin Jerome Gilyard in Baton Rouge, Louisiana, in 1986. He grew up in poverty and faced numerous challenges during his youth, including his parents’ drug addiction and his own involvement in gang activity.

Gates began rapping as a teenager and eventually started performing at local venues and open mic nights. He released his first mixtape, “Pick of da Litter,” in 2007, followed by several more mixtapes over the next few years. In 2012, Gates gained national attention with the release of his mixtape “Make ‘Em Believe,” which featured collaborations with prominent rappers like Curren$y and Juvenile.

In 2013, Gates signed a record deal with Atlantic Records and released his first major-label mixtape, “The Luca Brasi Story,” which was named after a character from “The Godfather” movies. The mixtape was a critical and commercial success, and helped establish Gates as one of the most promising young rappers in the industry.

Since then, Gates has released several more successful mixtapes and albums, including “Stranger Than Fiction,” “By Any Means,” and “Islah,” which was certified platinum by the RIAA in 2016. Gates is known for his introspective and emotional lyrics, as well as his unique blend of Southern rap, trap, and R&B.

What does Kevin Gates spend his money on?

Here’s a list of some of the things Kevin Gates has spent his money on:

Ohio Home ($360k)

Lamborghini Urus ($221k)

McLarent GT ($200k)

Mercedes G-Wagon ($200k)

Porsche 911 Turbo S ($195k)

Bentley Bentayga ($180k)

Chevy Corvette C7 ($100k)

Clear Hublot Big Bang Watch ($53k)

Gold Presidential Rolex Watch ($31k)

Diamond Grill ($30k, which is $1.5k per tooth)

Johnny Dang Chain ($25k)

Kevin Gates Early Life

Kevin Gates had a few setbacks in his early life. When he was 13, he had been arrested for being complicit in stealing a car. Roughly a year after that, his father died of AIDS when he was just 14 years old. He was then again imprisoned at 22 years old for almost 3 years.

During that time, he received a master’s in psychology from a prison college program. When he got out, he tried his hand at attending community college, but dropped out after a short while.

Did Kevin Gates Grow Up Rich or Poor?

Kevin Gates grew up very poor in Baton Rouge. His father was released from prison in 1985 and subsequently took up a job working in residential trash collection. However, Kevin Gates didn’t get to meet his father until his early teens, and his father sadly passed away a few years later from AIDS.

His mother, Martha Green Gates raised Kevin as a single mother and struggled to make ends meet. Despite his situation, Kevin Gates worked his way out of poverty and has done relatively well for himself.

Kevin Gates’ Wife

Kevin Gates is married to Dreka Gates. Dreka comes from a wealthy family and initially wanted to pursue a career in medicine before deciding to go into fashion instead and dropping out of her university. Together, they have two kids named Islah and Khaza.

In 2022, it seemed that the couple were in a bad place and was about to be or already have been split up. From cryptic social media messages to Kevin having dinner and embracing another woman, everything seems to be pointing to the couple no longer being together.

However, in 2023, everything seems to be normal again. Kevin and Dreka were seen together holding hands and being quite intimate at a party.

Kevin Gates is known for posting controversial and inappropriate content. Fans are often treated to content that they would rather not have seen. Most notably, Gates showed a graphic video of a live birth, which is now stuck forever in many fans minds.