Durk Derrick Banks aka Lil Durk has an estimated net worth of $8 million. He is recognized as an American rapper and lyrics writer who is making millions after founding the “Only the Family” or “OTF” music label while being associated with the Glo Gang label (which is promoted by Chief Keef).
Well! Durk was never officially signed to any additional label, for which he has created a successful image of himself in the music field. He has also released a mixtape series – “Signed to the Streets,” that is now falling under the “One of the legendary music releases of 2013” category.
Lil Durk’s Net Worth Clocks In At $8 Million
Having an estimated net worth of $8 million, Lil Durk has become one of the highest-grossing rappers in the American music industry. Apart from that, this well-known musician has an estimated salary of $0.4 Million. And his monthly revenue is around $40,000+.
Well, back in March 2022, Lil Durk claimed he recently signed a $40 million contract with a music label. But for some personal reasons, he didn’t reveal anything further about his deal, which indicated the cancellation of their deal.
Lil Makes His Millions Through Diverse Sources
Besides earning as a successful rapper and songwriter, Durk Derrick Banks’s net worth has been driven by his merch, show appearances, and features since 2017. He sells his self-inspired hoodies, tees, and trousers under the name of “OTF Gear.”
OTF Gear is available online on Durk’s merch website. And as per his fans’ pictures that they frequently share with Lil’s chic apparel, we discovered that the rapper also manages an in-person clothing store in California, the US. Also, it has been revealed that Durk’s ex-girlfriend – India Royale used to wear her casual daily outfits from Lil’s merch; most of her hoodies were also from Durk’s clothing line.
How Much Does Lil Durk Charge For A Show?
For a show appearance, Lil Durk is charging around $500,000 (which we included in his mentioned net worth). This news got revealed after his manager spotted while finalizing Durk’s performance at a stadium in Texas.
How Much Does He Charge For A Feature?
The rapper Lil Durk has collaborated with hundreds of fellow rappers throughout his career. When he takes a singer to get features in his song, Lil usually charges around $30,000 – $50,000. And in case he is promoted in others’ tracks, the singer tries to go for a low rate to keep things in ratio. The answer is Lil Durk assesses around $350,000 for a single verse in a track. This amount is also added to the mentioned number of Lil Durk’s net worth.
Catch The Progress In Lil Durk Net Worth By Year:
Below we have compiled a quick list of Lil Durk’s net worth that he has been progressing since 2016 (as per caknowledge.com):
- Net Worth In 2016: $1.1 Million
- Net Worth In 2017: $3.3 Million
- Net Worth In 2018: $3.6 Million
- Net Worth In 2019: $3.8 Million
- Net Worth In 2020: $4.2 Million
- Net Worth In 2021: $5.0 Million
- Net Worth In 2022: $8.0 Million
Where Does Lil Durk Spend His Net Worth?
After having a detailed look at Lil Durk fortune, expensive mansions, watches, and cars, it is safe to say that this one of the highest-paid rappers loves spending his earnings on luxurious lifestyle essentials.
Moving on, he is currently living in his Urban Splatter mansion, which has six bedrooms and five-six restrooms with about 6000 square feet of area.
https://www.youtube.com/watch?v=S-seVo04gGY
Wrapping Up!
An American rapper who gained massive fame after his “300 Days, 300 Nights” track – Durk Derrick Banks, has been earning millions by collaborating with well-known rappers from the music industry. And now, as he is managing his own music label, he accumulates an estimated net worth of $8 million.