Lil Durk Net Worth 2023
How much is Lil Durk Worth?
Durk Derrick Banks, better known professionally as Lil Durk, is a famous American rapper, instrumentalist, singer, and songwriter. He is the leader of his own label known as Only The Family (OTF). As of 2023, Lil Durk net worth is estimated at $8 million.
Famous quotes by Lil Durk include:
- “Money don’t make us, we make money.”
- “I’m on the road to riches, it’s just a lil traffic.”
- “Always read your contract. Know what you’re getting yourself into. Know your worth.”
|Born||Englewood, Chicago, Illinois|
|Current location||Atlanta, Georgia|
|Education||Paul Robeson High School (drop out)|
|Source of Wealth||Music, Entrepreneur, Diversified Portfolio|
|Relationship status||India Royale (engaged Dec 2021)|
|Net worth||$8 million|
|Last updated||January 2023|
How much money does Lil Durk make?
Here is an overview and rough estimate of Lil Durk yearly, monthly, weekly, daily, and hourly income. Please keep in mind that the amount of money that he earns is taxable; in which, he falls under the highest tax bracket. Thus, financial planning plays a key role in establishing both short and long-term goals along the path to building wealth.
- Yearly Income: $2.4 million
- Monthly Income: $200,000
- Weekly Income: $46,000
- Daily Income: $6,000
- Hourly Income: $270
How did Lil Durk get rich?
Lil Durk was able to get rich by developing multiple streams of income from his earnings as a rapper, live performance tours, merchandise sales, and endorsement deals.
How old is Lil Durk? Durk Derrick Banks, which is Lil Durk full name, was born on October 19, 1992 (age 30) in Englewood, Chicago, Illinois. He had an older brother, Dontay Banks Jr, better known as DThang, who was killed outside a Chicago club. Lil Durk has six children and is currently engaged to his longtime girlfriend, India Royale, an American fashion blogger.
Lil Durk’s father was jailed when he was only seven years old for drug charges. Owing to that, he had to shoulder many responsibilities at a young age. In one of his interviews, he recalls his family facing financial hardships, and at times meals were hard to come by.
Having schooled at Paul Robeson High School, Lil Durk had to drop out at the age of 17 after becoming a father. He felt the need to be more responsible, so he prioritized music creation.
Rapper Lil Durk
Lil Durk’s interest in music began at a young age. He learned most of the basics on his own by watching music videos. In that process, he started building his online presence through social media channels like Myspace and YouTube. Durk got the motivation to go big when his fan base grew rapidly, so he began recording his own music through his own label, Only The Family (OTF).
As of early 2011, Lil Durk started considering music as a full time career and tried to partner with other prestigious recording labels. In the early stages of his music career, he was associated with Chief Keef label, the Glo Gang. Even so, he was never signed, which prompted him to create his own image as a rapper in the music world. He released two singles, Sneak Dissin and I’m a Hitta, which were received well by his fans.
In October 2012, Lil Durk went on and released his third mixtape, Life Ain’t No Joke which generally received positive feedback on different social media platforms. As of September 2015, the track had been downloaded over 216,000 times.
His next release was the L’s Anthem track in December 2012, a remix that featured French Montana. Because of L’s Anthem growing popularity, which was heightened by his 2013 follow up single Dis Ain’t What You Want, Lil Durk decided to have a joint venture between his own Only The Family label and the Def Jam Recordings label.
Thereafter, Lil Durk released Signed to the Streets in October 2013 exclusively on DatPiff, promoted by the Coke Boys. Eight music videos, including 100 Rounds and Oh My God, were released to promote this track. Signed to the Streets was considered the eighth best mixtape of 2013, and Durk went ahead and released a sequel in 2014.
The year 2015 marked a giant leap in Durk’s career as he announced the debut of his first album, Remember My Name. It consists of a collection of songs that majorly highlight the street violence of Chicago. The album had a good audience, and it earned him a place on the Billboard 200 list, where he ranked 14. Although the sales lagged a bit after its release, with only 24,000 copies sold in the first week, the Like Me track made the album trendier. It was streamed and downloaded on various online platforms like Spotify and iTunes. It was ultimately ranked second in the top R&B and Hip-Hop albums. The release of this particular album set the stage for Lil Durk to make himself known to the world.
In December 2015, he released 300 Days 300 Nights, accompanied by a single, My Beyonce, meant to create some buzz. This single hit featured Detroit rapper Dej Loaf and was viewed as a refreshing change from his previous tracks based on the tough Chicago neighborhood. The single sparked interest among the fans and was later certified platinum by the Recording Industry of America with about 1,000,000 units/sales.
After releasing several mixtapes in 2017, Lil Durk parted ways with Def Jam Recordings in March 2018, after which he released his twelfth mixtape, Just Cause Ya’ll Waited, on Apple Music and Itunes Store. Its streaming activity increased, and it peaked in different music charts, including Billboard 200, Top R&B/Hip-Hop and Rap Albums.
In July 2018, Lil Durk announced his partnership with Alamo and Interscope Records, under which he released his third album, Signed to the Streets 3. The album ranked 17 on the US Billboard 200, earning 27,000 units and 2,000 pure album sales in the first week. It was later certified gold by RIAA with over 500,000 units.
As of August 2019, Lil Durk released his fourth album, Love Songs 4 the Streets 2 which served as a sequel to the 2017 mixtape. This album debuted at number 4 on Billboard 200, earning 44,000 units and 4,000 copies in sales in the first week.
His sixth album, The Voice, was released in December 2020 by OTF, Alamo, and Geffen labels. This album was highly popularized, earning 23,000 units in the first week. By March 2021, over 500,000 copies were sold, making the album eligible to be certified gold.
Lil Durk’s latest album 7220 was released on March 11, 2022. This track immediately became the voice of the streets, ranking number one on Billboard 200 and earning over 120,000 units and 2,500 copies in pure album sales in the first week. The album is certified gold with 500,000 units in sales plus streaming figures.
Rapper Lil Durk at Forbes