Chance the Rapper’s Net Worth and Empire Grow With Big Media Buy
- Chance the Rapper is a widely popular Grammy Award-winning rapper who has never sold a physical album.
- This week he purchased the once defunct digital publication Chicagoist.
- The rapper makes his fortune from merchandise sales and one-on-one meetings with his fans.
Chancelor Johnathan Bennett, better known as Chance the Rapper, is one of music’s biggest breakout stars of the past few years. The 25-year-old Chicago native has achieved critical acclaim and success in an unorthodox way — by electing to digitally stream his music for free rather than selling albums backed by a record label.
Click to read more about Chance and other not-so-typical ways people are making money.
Chance the Rapper Net Worth: $33M
Despite the fact that Chance has never sold a physical album, the Grammy Award-winner is worth $33 million, according to Forbes. Allowing his music to speak for itself, Chance builds his fortune from touring, selling a gamut of moderately priced, branded merchandise like baseball hats, sweatshirts and lighters on his website, as well as partnering with companies like Kit-Kat, Twitter, Nike and a 2017 deal with Apple that was worth a reported $500,000.
Chance the Rapper Tours
Fitting for the artist who’s writing his own rules in the music industry, Chance also sells himself to his fans. While touring, he’s been known to sell meet-and-greet opportunities to his fans for a modest $75, the chance to play a rock-paper-scissors tournament with him for $75 an entry, or by paying $250 a pop fans have been able to get a selfie with him that is tweeted to his nearly 8 million followers.
Chance the Rapper Songs
Sticking with the tradition of doing things his own way, fans got four more songs from Chance on July 18, 2018:
- “I Might Need Security”
- “Work Out”
- “65th & Ingleside”
- “Wala Cam”
Chance the Rapper Charity
This musician is quickly becoming known for his good works as much as he is for his music. Chance has a youth empowerment charity called SocialWorks that helps children through arts, education and civic engagement.
In 2017, he also famously donated $1 million to the Chicago Public Schools Foundation “for arts and enrichment programming.” He made the announcement after meeting with Illinois Governor Bruce Rauner to discuss issues with the funding of Chicago Public Schools.
Who Makes the Most? The Richest Celebrity From Every State
Chance the Rapper and Chicagoist
The musical artist, philanthropist and political activist who once campaigned for Hillary Clinton’s presidential bid just dipped into his wallet and made a big purchase this week. Chicagoist, a digital publication dedicated to all things food and culture in Chicago, was purchased by Chance the Rapper’s Social Media LLC from WNYC. The purchase adds a title to Chance’s ever-expanding and eclectic resume but also resurrects the website, which suddenly shuttered in November 2017.
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