Chancelor Johnathan Bennett, famously known by his stage name, Chance the Rapper , won a Grammy award for his 2016 album Coloring Book. The Chicago-based rapper is believed to be one of the biggest music sensations in recent years with a reported net worth of $9.0 million.
Chance the Rapper is having the time of his life. After all, he just won a Grammy for his third mixtape Coloring Book. At the very young age of 23, Chance has done and accomplished a lot of things. Besides the Grammy, he is also in the limelight because Complex Hustle has a new series called Chart Breakers on YouTube. For the first episode, they covered artists like Beyoncé, Drake, and Chance the Rapper on their path to success.
It is not a secret that Chance the Rapper is not signed to any label and has carved his own way in the music industry. He is a very successful artist in the industry right now and it comes as no surprise that his net worth is increasing at a fast rate.
How Rich is Chance the Rapper?
Chance the Rapper released two of his mixtapes Acid Rap and 10 Day free of charge, which means he did not earn money from downloads. In 2015, Chance collaborated with several artists, and it is extimated that he earned somewhere around $250,000 to $400,000 for his music.
Chance the Rapper’s yearly income is estimated to be $117,647. As he does not profit from his music sales, his main source of income is from tours, merchandise, endorsements, and sponsorships. Chance has partnered with several brands like the Chicago White Sox, Nike, Dockers, and New Era. He was even featured in Kit Kat commercial.
Chance the Rapper’s Net Worth
The following table shows how Chance the Rapper’s net worth has grown since the release of his debut mixtape in 2012.
|Year||Chance the Rapper’s Net Worth|
Where Did Chance the Rapper Grow Up?
Chancelor Jonathan Bennett was born in Chicago, Illinois to Ken Williams-Bennett and Lisa Bennett on April 16, 1993. Chance’s father worked for then-senator Barack Obama and is currently a deputy chief of staff to Mayor Rahm Emanuel. Chance’s brother, Taylor Bennett, is also a rapper in Chicago.
During his freshman year at Jones College Prep High School, Chance created the hip-hop duo, Instrumentality, with a friend. Their early performances were at the YOUmedia Lyricist Loft at Harold Washington Library situated in Chicago.
The Start of Chance the Rapper’s Career
During an interview, Chance said that the first hip hop album he ever listened to was Kanye West’s 2004 debut album The College Dropout. His first-full length project, 10 Day, was recorded in 2011 and was inspired by a 10 day suspension Chance had in high school for possessing marijuana. In February 2012, he was included in Complex magazine’s list of “10 New Chicago Rappers to Watch out For.”
Chance’s mixtape was finally released on April 3, 2012, and has been downloaded over 300,000 times. The mixtape was well received by the listeners it even grabbed the attention of Forbes magazine who featured it in the publication’s Cheap Tunes column.
In 2013, Chance gained recognition after the release of his second mixtape Acid Rap which ranked at #26 on Billboard‘s U.S. Heatseekers chart and #63 on the U.S. R&B and Hip Hop Chart. In May 2016, Chance released his third mixtape, Coloring Book, which received a lot of praise and even won three Grammy Awards. Within the first week of its release, the mixtape was streamed over 57.3 million times and ranked at number eight on the Billboard 200.
Besides his solo career, Chance is also a part of the Chicago Communal Save Money and was also the principal vocalist for the band, The Social Experiment. Chance revealed that artists like James Brown, MC Hammer, Common, Lil Wayne, Eminem, Freestyle Fellowship, and Kanye West had inspired him.
Throughout his career, Chance had the opportunity to work with several artists such as Future, Busta Rhymes, Lil Wayne, Madonna, Common, Skrillex, Young Thug, 2 Chainz, Macklemore & Ryan Lewis, Jeremih, Kanye West, and R. Kelly. He also won three Grammys for Best New Artist, Best Rap Album, and Best Rap Performance.
Chance the Rapper Has a Baby Girl
Chance the Rapper started dating Kirsten Corley in 2013. In July 2015, he announced that he and his girlfriend were expecting a baby. In September 2015, Kirsten gave birth to their daughter, Kensli. The two have an on-again off-again relationship and in May 2016, it was revealed that they were living separately. However, as per reports, everything is fine between the two and they are living together with their little girl. Chance kept his daughter out of the public eye and posted the first photo of his daughter on Instagram on December 31, 2016.
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Chance the Rapper Spring Tour 2017
Chance is working hard and preparing for his Spring Tour 2017, which will begin on April 24, 2017, at the Valley View Casino Center in San Diego. The concert will end on October 3, 2017, in Los Angeles. Details about his tour are posted on Chance the Rapper’s Instagram account.
Although in a few days time, Chance will be turning 24 years old. He is rapidly becoming one of the biggest names in hip-hop and is garnering recognition everywhere. Although his net worth stands strong at $9.0 million, we can see the numbers growing exponentially in the future.