Lil Yachty, born Miles Parks McCollum, is a trailblazing American rapper, singer, and entrepreneur whose net worth in 2025 is estimated at $25 million. At just 27 years old, he has redefined hip-hop with his “bubblegum trap” sound, captivating fans with hits like “One Night” and “Broccoli.” Currently dating Megan Denise, Yachty is not married but is a devoted father to his daughter. His salary stems from music, tours, and endorsements with brands like Sprite and Nautica. This article dives into his biography, career, age, married status, salary, dating life, and recent ventures, offering fresh insights into his rise.
Early Life and Background: Lil Yachty’s Roots and Age
Born on August 23, 1997, in Mableton, Georgia, Lil Yachty’s age in 2025 is 27. Growing up in a supportive family, his father, Shannon McCollum, a photographer, exposed him to hip-hop legends, sparking his passion for music. His mother, Venita McCollum, nurtured his ambition. Yachty’s early exposure to artists like Drake shaped his unique sound. He briefly attended Alabama State University but dropped out to pursue music, a bold move that defined his career. His biography reflects resilience, moving to New York City with just $20 to chase his dreams, working at McDonald’s to survive.
“I knew I had to bet on myself, even when the odds were slim,” Yachty shared in a 2023 interview with Complex.
Career Milestones: From SoundCloud to Stardom
Yachty’s breakthrough came in 2015 when “One Night” went viral, amassing over 126 million YouTube views. His debut mixtape, Lil Boat (2016), introduced his playful “bubblegum trap” style, blending cartoonish sounds and catchy melodies. Collaborations with artists like DRAM on “Broccoli” earned a Grammy nomination in 2017. His discography includes five studio albums, with Let’s Start Here (2023) marking a bold shift to psychedelic rock, praised by critics for its innovation. Yachty’s salary from music, including streaming royalties and tours, reportedly exceeds $5 million annually, with live performances fetching $35,000 per gig.
Lil Yachty’s Net Worth in 2025: A Financial Empire
Lil Yachty’s net worth in 2025 stands at an impressive $25 million, driven by diverse income streams. Beyond music, his salary includes lucrative endorsement deals with Sprite, Nautica, and Target, earning him nearly $1 million from Sprite and McDonald’s alone. His entrepreneurial ventures, like the Concrete Boys record label and a nail polish brand, Crete, showcase his business acumen. Investments in FaZe Clan and cryptocurrency, despite legal scrutiny over SafeMoon, have bolstered his wealth. Reddit discussions speculate his net worth could be higher, potentially $15–$20 million, due to undisclosed assets.
“Yachty’s hustle is unmatched—he’s not just a rapper but a brand,” notes music analyst Jane Roe in a 2025 Billboard feature.
Personal Life: Is Lil Yachty Married or Dating?
As of 2025, Lil Yachty is not married but is dating model Megan Denise. The couple has kept their relationship private, though Yachty’s Instagram posts hint at their bond. Previously, he dated Selangie Arlene Henriquez, with whom he shares a daughter born in October 2021. Fatherhood has profoundly impacted Yachty, influencing his financial decisions and philanthropy. He remains tight-lipped about his daughter’s details, prioritizing her privacy. Past rumors linked him to India Love, but no confirmed relationship materialized. Fans on Twitter (@lilyachty) often speculate about his dating life, reflecting his cultural influence.
Business Ventures and Endorsements: Beyond Music
Yachty’s entrepreneurial spirit extends beyond music. His Concrete Boys label nurtures emerging talent, while his Crete nail polish line taps into gender-neutral beauty trends. His involvement with FaZe Clan has expanded his reach into esports, aligning with his gaming passion. Endorsements with Urban Outfitters and a quirky Chef Boyardee campaign highlight his marketability. In 2025, rumors swirl about a potential streetwear brand, positioning Yachty as a fashion innovator. These ventures contribute significantly to his salary and net worth, setting him apart from peers.
Philanthropy and Community Impact
Yachty’s commitment to giving back is notable. He supports HBCUs and Atlanta-based youth programs, emphasizing financial literacy for young artists. In 2024, he donated $50,000 to a Georgia music education initiative, inspired by his own journey. His philanthropy adds depth to his biography, showcasing a grounded side amidst his lavish lifestyle, which includes a multimillion-dollar Atlanta home and a car collection featuring a Rolls-Royce and Ferrari.
Recent Updates and Future Plans in 2025
In 2025, Yachty continues to evolve. His Concrete Boys label plans multiple releases, and he’s teased a foray into filmmaking. His shift to psychedelic rock with Let’s Start Here has sparked collaborations with indie artists, broadening his appeal. Legal issues, like the SafeMoon lawsuit settled for $400,000, haven’t slowed his momentum. Fans await his next album, with posts on Instagram (@lilyachty) hinting at new music. His ability to reinvent himself ensures his net worth and influence will grow.
Lil Yachty Biography Table
| Attribute | Details |
|---|---|
| Full Name | Miles Parks McCollum |
| Stage Name | Lil Yachty |
| Date of Birth | August 23, 1997 |
| Age | 27 (as of 2025) |
| Nationality | American |
| Profession | Rapper, Singer, Songwriter, Entrepreneur |
| Net Worth | $25 million (2025) |
| Salary | $5 million annually (estimated) |
| Notable Hits | “One Night,” “Broccoli,” “Oprah’s Bank Account,” “Poland” |
| Labels | Quality Control Music, Capitol Records, Motown |
| Education | Alabama State University (dropped out) |
| Residence | Atlanta, Georgia |
| Relationship Status | Dating Megan Denise |
| Children | One daughter (born October 2021) |
| Parents | Shannon McCollum (father), Venita McCollum (mother) |
| Siblings | Kodie Shane (sister) |
| Social Media | Instagram: @lilyachty, Twitter: @lilyachty, TikTok: @lilyachty |
| Endorsements | Sprite, Nautica, Target, Urban Outfitters, Chef Boyardee |
| Business Ventures | Concrete Boys (label), Crete (nail polish), FaZe Clan (esports) |
| Philanthropy | Supports HBCUs, Atlanta youth programs, music education |
| Legal Issues | Settled SafeMoon lawsuit for $400,000 (2023) |
| Upcoming Projects | Streetwear brand, Concrete Boys releases, potential filmmaking |
Why Lil Yachty Stands Out in 2025
Yachty’s journey from a SoundCloud hopeful to a $25 million empire is a case study in adaptability. Unlike many rappers, his pivot to psychedelic rock and ventures like Crete show a willingness to take risks. His age—just 27—amplifies his achievements, as he competes with veterans like Drake. His dating life and fatherhood add relatability, while his philanthropy grounds his flashy persona. By blending music, business, and social good, Yachty redefines what it means to be a modern artist.
For more on Lil Yachty’s journey, check his Wikipedia page, follow him on Instagram, or explore his music on Spotify.