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

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Profession/Career:Rapper, Entrepreneur
Net Worth:$1.5 million
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 (36 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.

Net Worth of Kevin Gates

Kevin Gates’ net worth is estimated to be roughly $1.5 million as of 2022. 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.

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.

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.

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.

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