How much is Chance The Rapper worth?

Net Worth:$28 Million
Profession:Professional Rapper
Date of Birth:April 16, 1993
Country:United States of America
Height:
1.78 m

About Chance The Rapper

Chance is an American rapper hailing from Chicago and became notorious in the early 2010s with his self-recorded mixtapes. He has become known for creating some of the most upbeat and soulful rap music in recent years and for being a huge advocate for independent music. Since his early years, Chance has recorded with some of the world’s biggest musicians, and been given a huge televised platforms with an audience of millions to not only perform, but also to discuss his opinions on politics.

In 2020, we estimate Chance The Rapper has a net worth of $28 million dollars.

How did Chance The Rapper get so rich?

Staying independent in this day and age might seem like swimming up stream. You might think Chance is actively trying to ruin his career as he has turned down offers from Top Dawg Entertainment, a label that have given Kendrick Lamar and SZA extremely successful careers, and GOOD Music, Kanye West’s label, but against all odds, Chance has achieved the impossible.

He has managed to make millions with his music alone while remaining unsigned, meaning he is able to control how his music is used and be the sole owner of any recordings.

Chance has managed to make money by signing one off deals here and there. In 2016, with the lead up to Coloring Book, he made a deal with Apple in which the massively hyped upcoming record would be exclusive to Apple’s fairly new streaming service at the time, Apple Music. This would mean Apple Music would gain millions of new subscribers, and though it’s not clear how much Chance made from the deal, it was a huge success, as the mixtape received millions of downloads in its first week. Rave reviews across the board of Coloring Book helped its success, including a rare high score of 9.1 out of 10 from online magazine Pitchfork and being awarded “best new music.”

Other deals Chance have made include massive companies from all sorts of different industries, including Nike, Doritos, and even Nestle, wherein Chance himself even featured in a commercial. Some have been critical of him doing these commercials, claiming he sold out. However, Chance has always refused to sign a contract with any record label so that he can have complete control of his music and this is an alternative way for him to profit so he doesn’t have to sign a contract and can continue to give away his music for free.

The mixtape had star producers and is probably the most expensive mixtape ever made, it’s only a mixtape because it was released for free. This is the first record of Chance’s that he was exposed to huge collaborations, it is a huge star-studded album that includes elder-statesmen of rap, radio-friendly chart toppers, and Kanye alumni, Bon Iver’s Justin Vernon.

Why is he so famous?

Chance may have never become famous if it wasn’t for getting suspended in high school. In his senior year, Chance was suspended for marijuana possession for 10 days, and in that time he recorded the entirety of his debut mixtape, the aptly titled 10 Day. He uploaded the tape on mixtape download website DatPiff, and the record was downloaded over 500,000 times. Following that release after just one year, the rapper put out his second mixtape the exact same way, only this time it had gotten three times as many downloads as 10 Day, 1.5 million.

Complex was the first website to notice Chance’s talent and introduce him to the world when they called him one of the 10 rappers to watch in 2011. There are a lot of unique selling points Chance has that made him so famous so quickly; his distinct raspy delivery, LCD referencing lyrical content, and the soul sampling, which might not be original in hip-hop, but it has become rare in modern day rap music. Chance is also influenced by alternative music, as on 10 Day he samples the track “Nantes” by indie band Beirut, and he even interpolates that song’s lyrics throughout the record, culminating in the emotional “Long Time II.”

Besides his solo work, he also has a side project with childhood friend Donnie Trumpet, The Social Experiment, whose debut album, Surf, also received heaps of praise and was downloaded on the iTunes Store over 600,000 times in its first week.

Chance is a big collaborator. He has worked with Kanye West, Busta Rhymes, fellow raspy rapper Lil Wayne. His collaborations don’t end with people in the rap circuit, he has also worked with icy electronic musician James Blake, and even surprisingly gone on to collaborate with Madonna. 2016 was one of Chance’s most important years of his career. Not only did he have a heavy hand in producing Kanye West’s The Life of Pablo and release his third mixtape, Coloring Book, but what lead up to these releases was a loaded magazine of features, sharing songs with Macklemore and Skrillex.

What makes him so successful?

Before he was famous, Chance would travel from high school to high school giving away his mixtape, trying to get as many ears as possible to hear the music he made. It is that continuous dedication that has made Chance The Rapper a household name in hip-hop.

Though Chance was already successful and had with a huge fan base and two incredibly popular mixtapes, it was his work with Kanye West that got millions more eyes on him. Chance isn’t just a rapper, he is a producer too, and helped produce the best moments of Kanye’s The Life of Pablo. Chance is allegedly the reason the record was delayed, because of his prolonged work on one of the best tracks, “Waves.”

Chance received a significant amount of attention after his several television appearances including Saturday Night Live. He has appeared on the show three times, including being the guest host twice. He also has a small filmography in which he had a role in the newly released The Lion King, and appeared as himself in the movie adaptation of Between Two Ferns.

We calculate Chance The Rapper is worth $28 million dollars in 2020.

Summing-Up

Chance the Rapper has a net worth of $28 million, and made over $50 million between 2017 and 2019, a streak that culminated with his huge debut album, The Big Day, a concept album about his wedding day.

There’s a lot more music from Chance to look forward to. He and Kanye announced that they would record a collaboration album in the same vein as Watch The Throne, the insanely successful collaboration album between Kanye and Jay Z. The album has the tentative title Good As Job, though that might not stick as Kanye is known to constantly change the album title throughout the recording process.

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