Kevin Gates Net Worth $1 Million

Kevin Gates’s net worth is estimated to be nearly $1 Million. Kevin Gates is a popular American rapper, singer, and songwriter. He is well-recognized because of his hit songs and mixed albums. Besides working as a musician he is also an entrepreneur. Throughout his career, he is also a founder of the Kevin Gates Store. However, his total estimated net worth is low due to various legal matters and hurdles in the music industry. 

Who is Kevin Gates?

Kevin was born in Louisiana, USA on February 5, 1986.  Kevin Gates who is also known as Kevin Jerome Gilyard. He started his work as a musician in 2007 and put all his dedication and hard work into inspiring his audience and fans with his music albums and unbeatable lyrics. Instead of a vast experience of 37 years in the music industry, his net worth seems quite low. 

He has only a net worth of nearly $1 Million by 2024. The reason behind this is mainly different legal troubles and controversies that he has to face during his music journey. Regardless of the hurdles, his unquestionable talent and unwavering dedication leave a lasting impression and indelible mark on the music industry.

Kevin Gates Biography:

Full Name	Kevin Jerome Gilyard
Stage Name	Kevin Gates
Gender	Male
Profession	American rapper, singer, songwriter, and entrepreneur
Net worth	Nearly $1 Million
Birth Date	5th February 1986
Nationality	American
Birthplace	Baton Rouge, Louisiana, USA
Current Residence	Baton Rouge, Louisiana, USA
Age	37 year old
Religion	Muslim
Height	6’2”
Zodiac Sign	Aquarius
School	Baton Rouge Community College
Relationship Status	Married
Partner’s Name	Dreka Haynes
Children	Khaza Kamil & Islah Koren

Kevin Gates’ Early Life & Family Background:

The famous American artist, rapper, singer, and entrepreneur Kevin Gates was born on February 5, 1986. His place of birth is Baton Rouge, Louisiana, in America. He has a diverse ancestry because his mother is Puerto Rican, while his father is African American. Initially, he lived in New Orleans, but then he permanently made his way toward Baton Rouge along with his family.

He had not experienced a great relationship with his father. Therefore, he left him in the early years of his life but later developed a good relationship with him in his teenage years. At the age of 14, his father left the world.

Due to a challenging upbringing, he was involved in several crime cases. He was imprisoned for stealing a vehicle at the age of 13. Later, he was jailed again when he was 17 years old. Thus, a big part of his teenage years was spent in jail, where he started showing his interest in writing songs. Besides, he did his master’s degree in psychology after attending Baton Rouge Community College through a prison program.

Kelvin Gates’ Career:

In 2007, Kevin Gates signed with the local label Dead Game Record, which was the startup of his career. In this same year, he gained popularity by releasing his first debut mixtape, named Pick of Da Litter, by collaborating with local artists Torrence Hatch (BoosieBadazz) and Webster Gradney Jr. (Webbie).

In 2008, he again teamed up with the same local artists and released new mixtapes ‘All or Nuthin’ and ‘Lil Boosie’. Later, he created and released his most inspiring single, ‘Get in the Way,’ which was quite a hit. After that, his career got a dark side and was badly affected because he was imprisoned for 31 months between the years 2008 and 2011. 

During this period, he spent his time wisely by gaining a Master’s in Psychology with the help of a special prison education program. His inspiring behavior leads to his early release from jail. He instantly started focusing on his music career and released his mixtape ‘Make Em Believe’. It failed to gain enough attention and was considered a mild success.

Popular Album – Records and Releases

In 2013, he signed a contract with Atlantic Records and released his popular album “Stranger than Fiction“. It debuted at number 37 on Billboard 200. In 2014, he gained appreciation by independently releasing his second album, “By Any Means.” It also peaked on the Billboard chart at number 14.

Next year, in August 2015, his career was again affected as he was engaged in a controversy. He was known for assaulting his fans in a concert that was held in Lakeland, Florida. Later, he clarified that he didn’t do it intentionally but only for the sake of his protection.

In January 2016, Bread Winners’ Association successfully released the debut studio album of Kelvin Gates named ‘Islah”, which proved quite a hit. This top rap album peaked at number 2 on Billboard 200 and was distributed by Atlantic Records. It mainly features the singles “Kno One”, ‘The Truth’ and ‘La Familia’. After all his hard work, he was able to earn a net worth of nearly $1 Million by 2024.

Kevin Gates Net Worth 2019-2024

Kevin Gates’s net worth in 2024 is nearly $1 million, which does not show enough growth in recent years. Instead of his hard work, his net worth has admirably increased due to various challenges that he has faced throughout his career. Let us have a look at the net worth growth of Kelvin Gates.

Kevin Gates Net Worth 2019	$ 30 K
Kevin Gates Net Worth 2020	$ 50 K
Kevin Gates Net Worth 2022	$ 70 K
Kevin Gates Net Worth 2023	$ 80 K
Kevin Gates Net Worth 2024	$1 Million

What are the main reasons behind Kevin Gates’ low net worth?

As discussed earlier, Kevin Gates’s net worth in 2024 is $1 Million, which is surprisingly less than expected. Other Rappers like 6ix9ine’s net worth is 10 times higher despite both being from the same industry. Here are the main factors that led to the low net worth of Kevin Gates. 

Legal challenges:

Legal challenges are the utmost reason for the low net worth of Kevin Gates. Besides gaining recognition in the music industry, he also faced several legal troubles that adversely affected his career. He was engaged in controversies, gun charges, and assault and was sent to jail many times. Thus, he lost several money-making opportunities, which may involve appearances in music concerts and endorsement deals. He not only lost these opportunities but spent a lot of money on legal fees, which ultimately led to his low net worth.

Luxurious Lifestyle:

Kevin Gates, instead of his low net worth, doesn’t compromise on his lifestyle. A large part of his assets involved extravagant homes, impressive art collections, luxurious cars, attention-seeking jewelry collections, and high-end designer clothing. Moreover, he loves spending money on traveling and entertainment experiences which cost him a lot. 

Limited Support of Industry:

Kevin Gates never got the support from the music industry he deserves. The reason behind this may be the criticism and legal challenges. Thus, he was not allowed to attend many concerts and performances. Poor support from the industry leads to low net worth.

Inadequate financial management:

The financial management of Kelvin Gates is poor. He spent a lot of money carelessly on his assets. He even owns assets that he cannot afford. Moreover, he gives a significant amount of money to his close ones and never gets it back. It also contributes to his low net worth i.e., $1 Million by 2024.

Kevin Gates’ Net Worth Sources:

The estimated net worth of Kevin Gates is nearly $1 Million, which he mainly earned through the following sources. Moreover, we will also tell you about the percentage of Kevin Gates’s income through these sources.

● Music Sales – 10%

● Endorsements – 2%

● Web Series -7%

● Apparel – 6%

● Branding Deals – 30%

● Merchandise Sales – 20%

● Film and Television – 10%

● Concerts – 6%

● Investment Properties – 14%

Kevin Gates as Entrepreneur:

Kevin Gates also works as an entrepreneur and earns a significant amount of money. He is the owner of a store named “Kevin Gates’ Store’. His store sells the following types of merchandise.

● Khaza Hoodie

● Big Lyfe Summer Shorts

● Fatima knitted scarf

● Big gangsta safe

● Big Lyfe Bucket Hat

● Khaza Signature Trucker Hat

● Big Lyfe Graphic T-Shirt

● Khaza Digital Album

Kevin Gates’s Assets:

Homes & Condo:

Kevin Gates has several assets that depict his lavish lifestyle. He lives in an extravagant home located in his residential city, Baton Rouge. In Ohio, he bought a two-story house. The house has four high-class bedrooms and is worth $36,000. He also owns a condo worth a million dollars in Los Angeles, California.

Car Collection:

Additionally, he loves buying cars and has a collection of various cars. He was spotted many times riding the Lamborghini Urus, McLaren GT, Bentley Bentyga, and Chevrolet Corvette C7.

Lamborghini Urus	$222,000
McLaren GT	$210,000
Bentley Bentyga	$190,000
Chevrolet Corvette C7	$49,600

Jewellery & Art Collection:

Being a rapper, he also loves buying jewelry. Therefore, he was seen many times wearing high-price and eye-catching jewelry at many events and concerts. He also has an extravagant art collection.

Kevin Gates watches Collection:

Along with jewelry, Kevin Gates has a collection of luxury watches. In the table below, we will provide you with details of his watches along with their brands and prices.

Watches	Prices
Rolex Day-Date 40 18k Yellow Gold	$53,000
Cartier Santos WSSA0029 Diamonds	$20,000
Rolex Day-Date 40 228235 Diamonds	$45,000
Rolex Day-Date 36 11838 Cognac Dial	$20,000
Rolex Day-Date II 218348A-82318	$60,000
Cartier Santos Dumont WGSA0021	$12,100
AudemarsPiguet Royal Oak Openworked 15407ST Diamonds	$160,000

Social Media Links of Kevin Gates:

Twitter	https://twitter.com/iamkevingates
Facebook	https://www.facebook.com/kvngates/
Instagram	https://instagram.com/iamkevingates?igshid=MzRlODBiNWFlZA==
Youtube	https://www.youtube.com/channel/UCj2GTFekdV3EUsTVN8oaEqA

Wrap-Up!

Kevin Gates is a widely recognized rapper and entrepreneur in the USA. He is not only famous as a singer but is also known for facing several legal challenges. He has faced many controversies and criticisms and was also imprisoned which caused various hurdles throughout his career.

The estimation of Kevin Gates’s net worth in 2024 is $1 Million. Among his main assets, he owns a luxurious home, condo, expensive car collection, and extravagant art and jewelry collection. He earns money mainly through involvement in the music industry and his Kevin Gates Store where he sells different types of merchandise. Besides difficulties, he is confidently performing in the music industry and living an extravagant life. 

For more Stories of Net Worth stay tuned with Knowtheworth.com