Kevin Gates Net Worth: How the Rapper and Entrepreneur Built His Fortune
Sam Houston
Kevin Gates is a rapper, singer, songwriter, and entrepreneur. He is most known for his 2016 debut studio album, Islah, which peaked at number two on the US Billboard 200 chart.
He is also the founder and CEO of Bread Winners’ Association, a record label that has a deal with Atlantic Records. In this essay, we will look at how Kevin Gates rose to fame and fortune in the music industry and beyond.
Kevin Gates Net Worth
Kevin Gates has a net worth of $1 million as of October 2023, according to multiple sources. He undoubtedly achieved this enormous net worth through his work as a rapper, songwriter, performer, and entrepreneur.
Furthermore, Gates’ debut album, Islah, was a huge hit, selling over 112,000 copies in the first week. He also makes money from streaming services like Spotify, Apple Music, and YouTube, among others.
He also makes money through tours, concerts, and live appearances. He also has endorsement and sponsorship partnerships with firms like Beats by Dre, Sprite, and others.
We recently covered information regarding the wealth of some celebrities. Check out the articles we’ve included below for more details!
Kevin Gates was born in Louisiana on February 5, 1986, to a Puerto Rican mother and an African-American father. He had a difficult childhood and was arrested for the first time when he was 13 for joyriding in a stolen automobile.
He lost contact with his father when he was young, and his father died of AIDS complications when Gates was 14 years old. He temporarily attended Baton Rouge Community College, where he completed a jail program and received a master’s degree in psychology.
Gates’ musical career began in 2007 when he signed with local label Dead Game Records. In 2007, he released his first mixtape, Pick of Da Litter, with fellow Baton Rouge natives Boosie Badazz and Webbie.
In 2008, he released All or Nuthin’, another mixtape that highlighted stories from his personal life and experiences. However, his career was cut short when he was imprisoned in 2008 on multiple accusations. Between 2008 and 2011, he was imprisoned for 31 months.
Gates returned to his musical profession with renewed zeal after his release from prison. In 2012, he released another mixtape called Make ‘Em Believe, which drew the attention of Lil Wayne’s record label, Young Money Entertainment.
Gates joined the label’s management wing but never signed a record deal with them. Instead, he learned how to run his own record label from Birdman, Young Money’s co-founder.
Real Name
Kevin Jerome Gilyard
Nick Name
Kevin Gates
Birth Place
Louisiana, U.S.A.
Date Of Birth
February 5, 1986
Age
37 years old
Height
190 cm (6′ 3″)
Weight
94 kg (207 lbs)
Eye Color
Dark brown
Hair Color
Black
Sexual Orientation
Straight
Marital Status
Married
Wife/Spouse Name
Dreka Gates (m. 2015)
Kids/Children Name
Khaza Kamil, Islah Karen
Parents Name
Father – Unknown
College
Baton Rouge Community College
Religion
Islam
Nationality
American
Zodiac Sign
Aquarius
Gender
Male
Profession
Rapper, singer, and entrepreneur
Net Worth
$3 Million
Kevin Gates Breakthrough and Success
In 2013, Gates established his own record label, Bread Winners’ Association, and produced The Luca Brasi Story, which earned critical acclaim and popularity.
Stranger Than Fiction, his follow-up mixtape, debuted at number 37 on the Billboard 200 chart and featured guest performances from Wiz Khalifa, Juicy J, and others. He also went on a four-month tour across the United States to promote his music.
Gates released two more mixtapes in 2014, By Any Means and Luca Brasi 2, both of which charted in the top 20 on the Billboard 200 and featured collaborations with musicians like K Camp, August Alsina, Rich Homie Quan, and others.
He did, however, face another legal setback when he was arrested for violence after kicking a female concertgoer during a performance in Florida. In 2016, he was sentenced to six months in prison.
Gates released his debut studio album, Islah, named after his daughter, in 2016. The album sold over 110,000 units in its first week and peaked at number two on the Billboard 200 list.
The album yielded four hit singles: “Kno One”, “Really Really”, “2 Phones”, and “Time for That”. The album also demonstrated Gates’ flexibility as a rapper and singer, allowing him to address issues such as sadness, poverty, jail life, love, and faith.
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