What Is Post Malone's Net Worth?

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What is Post Malone's Net Worth?
Entertainment And News

Post Malone recorded his debut song two days after he wrote it and almost instantly became a household name (or at least his stage name did). We know he's seen huge success, but what is Post Malone's net worth?

“White Iverson” was released in August 2015 and it received a massive amount of views and praise from other artists. The single hit one million views within a month of its release and Post caught the attention of several record labels. Later the same month, he landed a record deal with Republic Records.

RELATED: Who Is Post Malone's Girlfriend? Meet TikTok Star MLMA​

What is Post Malone’s net worth?

According to Forbes, Post Malone earned up to $60 million in 2020. His net worth is estimated to be around $14 - $15 million, while others report it to be as high as $30 million

Since he writes his own songs, he is entitled to the majority of his royalties. Forbes reports that the rapper makes about $500,000 for every concert performance. He even has his music festival, Posty Fest, which began in 2018. 

What is net worth and how is it calculated?

Net worth is defined as "the value [of] the assets a person or corporation owns, minus the liabilities they owe.” 

According to Investopedia, your net worth can be calculated by subtracting your debts from the dollar amount of your assets. If your liabilities exceed your assets, you will have a negative net worth, while you will have a positive net worth when your assets exceed your liabilities.

How Post Malone makes his money

Post Malone's net worth is undoubtedly impressive. So where does his money come from?

Music streaming

In 2019, Post Malone was the most-played artist on Spotify, totaling over 6.5 billion Spotify streams worldwide. Songs from his third studio album, Hollywood’s Bleeding, cleared 100 million streams on the music streaming platform.

According to Rolling Stone, Post Malone’s 6.5 million streams made him about $28 million in less than a year.

In 2017, he beat Apple Music’s single-week streaming record with his single “Rockstar” featuring 21 Savage. The song had over 25 million streams, breaking the previous record-holder “I’m the One” by DJ Khaled. Before breaking Apple Music’s record, Post Malone’s debut album, Stoney, had over 1 billion streams and four platinum records.

When his second studio album, Beerbongs and Bentleys, was released in 2018, he earned the largest sales week of that year to date and the most streams ever in a week. His album moved 461,000 units, along with 153,000 in traditional, and it had about 431 million plays on streaming services.

It didn’t end there — out of the 10 most streamed songs, eight came from Post Malone’s Beerbongs and Bentleys. His debut album even jumped into the top 10 with 40 million streams of its own.

RELATED: A Complete List Of (Pretty Much) Every Tattoo On Post Malone's Face & Body​

Brand partnerships

Post Malone famously partnered with Bud Light in 2018. The ad for the partnership launched after it was announced that Post Malone would be performing for Bud Light’s Dive Bar Tour.

Bud Light team up with the musician again a year later with a fashion line, which included a jacket, t-shirts, jeans, hoodies, and sweatpants. The clothing had lyrics of Post Malone’s latest album, Hollywood’s Bleeding, on them. Malone and his creative team designed the clothing, which went on sale exclusively on the rapper’s website.  

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Earlier this year, Malone teamed up with HyperX, the gaming division of Kingston Technology Company,  and spent an evening gaming with fans on the company’s Twitch channel. The event was the first of a streaming series where different guests would virtually connect with their fans while playing popular games.

Malone also hosted sweepstakes with True Religion Brand Jeans in 2018. The clothing company was giving away tickets to the sold-out Posty Fest in Dallas. 

Post Malone also has his own wine brand called Maison No. 9.

How does Post Malone spend his money?

It's always interesting to learn where celebrities drop their literal millions of dollars.

First things first, he spends his millions on custom cars

He also spends his money on firearms. He tends to go to ranges to shoot or even cross state lines to treat his fix. He got into some hot water when he drove around Las Vegas with a machine gun attached to his SUV soon after the Las Vegas concert shooting in 2017.

Something that one doesn’t think about money spending is music videos. The record labels don’t always foot the bill. Sometimes the visuals are extremely extravagant, like the video for his song “Rockstar."

His wardrobe is also off the charts. He doesn’t typically shop within the United States and tends to shop from outside of the country for his fashion. Sometimes, you couldn’t tell that buys extremely expensive fashion from all over the world because his style is so erratic. In one instance, he could be wearing a pair of shorts and a plaid shirt and in another instance, he could be wearing a tailored suit.

A funny thing that he spends his money on was Popeye’s Chickens. One time, he was performing at Coachella and he knew that his fans were waiting for him. He ended up buying all of his fans a Popeye’s biscuit. The bill ended up being $8,000.

Malone also reportedly gives back to his dad. He buys him shoes, clothes, Christmas gifts and probably foots the bill for his birthday parties.

Malone has a Beer Bong Manager. It’s not an actual thing because it’s just his friend who he pays a thousand dollars a day for cleaning his beerbongs around the house.

The rapper is known for his tattoos, especially his face tattoos. He spends his money on getting inked with a wide variety of things from the Playboy Bunny logo to a portrait of Johnny Cash to the names of fallen musicians.

RELATED: Is Post Malone Okay? Rapper's Strange Behavior During Concert Caught On Camera — Watch​

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Chinyere (pronounced sha-near-ruh) is a writer, who covers entertainment and pop culture news, along with the zodiac signs.