Megan Thee Stallion Net Worth

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Net Worth $3 million 
Source of income Hip hop artist, Rapper, Movie OST producer 
Full Name Megan Jovon Ruth Pete
Also known as Megan Thee Stallion
DOB February 05, 1995
Age 25
Birthplace San Antonio, Texas, USA
Gender Female
Height 5′ 10”
Years Active 2016 to present
Recent Update September, 2019

Megan Thee Stallion is an American rapper and hip-hop artist with a net worth of a hefty $3 million. While this may not be much compared to what her contemporaries make and are worth, she is certainly poised for artistic greatness since this net worth has been accumulated over a course of just two years. Megan Thee Stallion net worth is a good way of predicting her future as a rap artist, which is nothing short of more successes for the female artist.

Born in San Antonio but raised in Houston, Megan Thee Stallion (real name Megan Ruth Pete) has spent much of her life in Texas and still lives in Texas to this date. She began rapping quite early; at 16 years of age, her mother asked her to put her artistic aspirations on hold until at least 21, so she could at least ‘look in part with what her raps were about, not very age-appropriate’. In an interview, she said that she was inspired in part by her mother (who herself began rapping at a very young age) to rap and partly by the female contemporaries of her time like Nicki Minaj and Cardi B.

Megan Thee Stallion net worth of $3 million shows how far she’s come and how far she will go in the entertainment industry.

Early life

Born 5th February 1995 in San Antonio, Texas as Megan Jovon Ruth Pete, her mother immediately moved to Houston with the young Megan, where instead of dropping her off in day-care, she (Megan’s mother) would bring the baby with her to recording sessions, where she recorded raps and hip-hop music. In an interview, Megan said that this was a time at her life when she was introduced to rapping and hi-hop in general, which in turn led to her being always ‘in-touch’ with rapping and causing her to affix it as a goal.

Initially living in the South Park neighbourhood of Houston, when she was 14, the mother-daughter duo moved to Pearland in Texas, where she was enrolled in Pearland High School. Two years later, at the age of 16, Megan began writing raps, which she showed to her mother, who initially disapproved of her style, commenting that “the lyrics were way too suggestive for a young girl like her”.

While enrolled at the Praire View A&M University in 2013, Megan first surfaced to widespread media attention on platforms like YouTube and Instagram, when she was captured on video rap-battling several men from her varsity in an impromptu freestyle rap battle on the campus. The video’s release and its subsequent endorsement from platforms like Facebook and Reddit made the young Megan an internet star for her rap prowess. Later on, she began using her Instagram as a way to post her raps and freestyle singing, which garnered even more attention and caused labels to keep her in their view as a potential rap star.

Regarding her name, specifically the word Stallion, Megan said she was referred to as a stallion back in high school because of her unusual height of 5’10” and her rather bulky body frame. 

Career (2016-present)

SoundCloud, single releases (2016-17)

Megan Thee Stallion started her journey in the music industry with her first solo titled ‘Like A Stallion’, which led to a series of mixtape-esque albums that were released by her exclusively on her SoundCloud page. Released over the course of two years, the first mixtape ‘Rich Ratchet’ was released right after her first solo in 2016, while 2017 saw the second release titled ‘Megan Mix’. Later in 2017, she released her professional debut EP titled ‘Make It Hot’, with the single ‘Last Week in HTx’ garnering millions of views on YouTube, marking it as a hot success for the nascent rap artist. Megan ended 2017 with a bang as she remixed XXXTentacion’s song ‘Look At Me’, which she dubbed as ‘Stalli (Freestyle)’.

1501 Entertainment, 300 Entertainment and Roc Nation (2018-19)

Megan Thee Stallion was first picked up by a major label ‘1501 Entertainment’ after her initial forays into the hip-hop world. She was the first female hip-hop artist to have been signed to the label. Her first release under the label was titled ‘Tina Snow’, which was a 10-song extended play, meant as her first professional release while signed to a label. Regarding the title of the album, Megan said that ‘Tina Snow’ is her alter-ego, which, according to her, is ‘more of a raw version of herself’, which accurately describes the overall tone of the album itself. The EP was well-received, with many music magazine editors calling it a ‘fresh new take on rap music’ and a welcome new addition the roster of female rap artists. However, her journey with 1501 Entertainment proved to be a short stint; November of 2018 saw Megan Thee Stallion sign with 300 Entertainment, where she was again the first woman to be signed under the label’s hip-hop handle. She ended 2018 with another supposed high; she was picked up to tour with fellow hip-hop artist Iggy Azalea on the Bad Girls Tour, however she never collaborated with her since the tour never came to fruition and was later cancelled. 

2019 started with Megan releasing the single ‘Big Ole Freak’ from her Tina Snow EP. It entered the Billboard Hot 100 at 99 position and later topped at 65, giving Megan her first Hot 100 entrant in 2019. She followed it up with her second album titled ‘Fever’, which garnered very positive reviews from reviewers and landed critical acclaim from many big names in the industry. The album was met with glowing reviews; the album was deemed the best album of 2019 by a music magazine and was given an 8/10 along with a glorified review of the album. Megan then released a string of collabs and music videos that summed up her 2019 as a ‘very successful year’. This included Realer, a single which drew inspiration from an art style known as ‘blaxploitation’ or ‘blacksploitation’. She was also featured on Chance The Rapper’s album ‘The Big Day’ and on her own song ‘Hot Girl Summer’, had Ty Dolla Sign and fellow rap artist Nicki Minaj collaborate with her. The latter song was particularly successful, as it peaked at number 11 on the Billboard Hot 100 and also topped the prestigious charts of the magazine Rolling Stone 100. Towards the end of 2019, Megan Thee Stallion ditched 300 Entertainment and signed with Jay Z’s label Roc Nation. 2019 ended with yet another high for the female artist: she was placed in Time Magazine’s ‘Time 100 Next’ list, which put her in the ‘people to watch for’ list.

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Suga, WAP and Good News (2020-present)

2020 onwards and up till November, Megan Thee Stallion has further increased her standing among the hip-hop community with her albums, singles and features. It started in January 2020 with the release of single ‘Diamonds’, which was used as an OST for the 2o20 superhero film Birds of Prey. She then announced her third overall album, titled Suga and subsequently released its first hit single titled ‘B.I.T.C.H.’, which she also performed live on ‘The Tonight Show Starring Jimmy Fallon’. Later on, in the February, she collaborated with Phony Ppl on the single titled ‘Fkn Around’. However, ‘Suga’ album found itself in a corporate label limbo after she tried to get her contract with the label renewed, with the label putting a hold on the release. However, a month later, the EP album was released after legal proceedings allowed Megan Thee Stallion to go ahead with the release despite objections from the label over her attempts to revise her contract without reason intimated to the label itself. The album’s single, titled ‘Savage’ found great success and went on to garner millions of views thanks to a popular TikTok that spawned its own trending challenge, which further contributed to the popularity of the single. A remix of the song featuring Beyonce took the single to even greater heights, causing it to be featured on the top 10 of the Hot 100 list, Megan’s first entry on the list’s height. She followed up with two more releases; ‘Girls in the Hood’ which achieved nominal success and a feature on Cardi B’s insanely popular song ‘WAP’ (the abbreviation of which will not be revealed, as it is downright obscene). It achieved new heights in popularity and was Megan’s second song to top charts: its popularity is partly the reason for such a hefty Megan Thee Stallion net worth. November 2020 saw the announcement of the release of another album by the female rapper; titled ‘Good News’, it was released on November 20 and contains the hit single ‘Body’.

Ventures outside of music

Megan Thee Stallion’s main focus is on her music, as she said in an interview. However, that’s not stopped brands from approaching her for image; she was announced the Global Brand Ambassador for the beauty product retailer ‘Revlon’, which has contributed much to Megan Thee Stallion net worth of $3 million.

Megan Thee Stallion net worth

The female hip-hop artist has a net worth of a hefty $3 million, thanks to her music prowess and her various albums that have been received with very positive reviews. She has also earned a lot from her stint with Revlon as their global brand ambassador, which has contributed very much to a net worth in the millions, which she has amassed in just the span of two years. 

Personal life

Megan Thee Stallion is prominently known for her rambunctious and ‘alarmingly expressive’ personality and her very suggestive song-writing, which was also criticised by her mother at a very young age. Her mother, Holly Thomas died in March 2019 due to a cancerous brain tumour and immediately afterwards, her grandmother passed away too, leading to the artist to deem her mother ‘my ultimate inspiration’. 

Legal issues

Megan found herself embroiled in a controversy after she was apparently shot at by rapper Tory Lanez following a heated discussion over a matter. Initially claiming that she had stepped over some broken glass, she later retracted her statement, with her lawyer later stating that she was shot at by the rap artist Lanez and that they would file charges and pursue for attempted homicide. As of now, the case is undergoing.

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