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Travis Scott Named One of the Wealthiest Hip-Hop Artists with $70 Million Net Worth

Travis Scott Net Worth: 70 Million USD

Travis Scott Salary/Earnings: 10 Million USD/year

Travis Scott, the American rapper, singer, songwriter and record producer, has been named as one of the wealthiest hip-hop artists in the industry, with a staggering net worth of over $70 million.

The Houston-born artist has become one of the most sought-after musicians in recent years, thanks to his unique style and innovative approach to music-making.

With hit songs like "Goosebumps" and "Butterfly Effect," Scott has established himself as one of the leading voices in the hip-hop genre, and his financial success is a testament to his tremendous talent and hard work. In this article, we'll take a closer look at the sources of Travis Scott's wealth and what has contributed to his rise to the top of the hip-hop scene.

Jacques Bermon Webster II, better known by his stage name Travis Scott (formerly stylized as Travi$ Scott), was born on April 30, 1991, in the United States. His stage name is the combination of the first name of one of his musical influences, Kid Cudi, and the name of a beloved uncle (whose real name is Scott Mescudi).

Scott has become well-known for controversy and legal problems involving performance security. Scott was widely criticized after a mass-casualty crowd crush happened during his performance at the Astroworld Festival in Houston, Texas, in November 2021.

Early Life

Houston, Texas, welcomed Jacques Bermon Webster II on April 30, 1991. From the time he was one until he was six, Webster resided in South Park, Houston, with his grandmother. A young Webster was affected by the neighborhood's reputation for crime, which was in south-central Houston.

"Growing up, my grandmother stayed in the 'hood so I seen random crazy shit. [I saw] mad bums and crazy spazzed out motherfuckers, I saw people looking weird, hungry, and grimey [sic]. I was always like, 'I gotta get the fuck out this shit.' It gave me my edge—[it made me] who I am right now. It gave me my competitive edge and helped shape who I am today."

To live with his parents, Webster relocated to Missouri City, a middle-class suburban region bordering southwest Houston. His father owned a little business, while his mother worked for Apple. Webster's grandfather was a jazz composer, and his father is also a soul musician.

Webster graduated at age 17 from Elkins High School. He performed in musical theater while in high school. Following that, Webster enrolled at the University of Texas at San Antonio, but left after his second year to focus solely on his musical career.

Career

Together with his old buddy Chris Holloway, Webster founded the group The Graduates. The group made their untitled first EP available on the social networking platform Myspace in 2008.

The Classmates was started the next year by Scott and OG Chess, a fellow student. Buddy Rich and Cruis'n USA were two projects that The Classmates released in 2009 and 2010, respectively. Scott was mostly in charge of both projects' production. The pair remained together until late 2012, when they broke up due to interpersonal issues and money problems.

Scott relocated from Houston to Washington Heights in New York City after finishing college, where he started working with a friend, Mike Waxx, who ran the music website Illroots.

After relocating to New York, Scott stayed with a buddy and slept on the floor while he spent the most of his time at Just Blaze's studio. Scott spent barely four months in New York before becoming dissatisfied with the lack of progress and leaving the city for Los Angeles, California.

In 2012, Scott inked a publishing agreement with Kanye West's GOOD Music and his first major-label contract with Epic Records. He agreed to a combined recording deal with Epic and T.I.'s Grand Hustle imprint in April 2013. 

The mixtape Owl Pharaoh, Scott's debut full-length effort, was independently released in 2013. Days Before Rodeo, a second mixtape released in 2014, came after it. The popular single "Antidote" from his 2015 studio debut, Rodeo, served as its centerpiece.

Birds in the Trap Sing McKnight (2016), his second album, and his first to reach number one on the Billboard 200. The following year, Scott and Quavo formed the group Huncho Jack and jointly released the album Huncho Jack, Jack Huncho.

His third studio album, Astroworld, was released in 2018 to positive reviews and yielded "Sicko Mode," his first Billboard Hot 100 number one song (featuring Drake).

The compilation album JackBoys, which Scott's record company Cactus Jack Records published in late 2019, peaked the Billboard 200. Scott became the first artist on the Hot 100 to have three singles debut at number one in less than a year after the release of his single "Franchise" in 2020, which features Young Thug and M.I.A.

Scott has become into a well-known pop culture icon and artist throughout the course of his career. Scott has worked with companies like Nike, Dior, and McDonald's in addition to his well reported relationship with American media celebrity Kylie Jenner. 

He started the record company Cactus Jack Records in 2017. Scott has had 80 songs chart at some point during his career, including four number-one successes on the Billboard Hot 100. 

He has also received a Billboard Music Award, a Latin Grammy Award, an MTV Video Music Award, and numerous BET Hip Hop Awards. He has also had eight Grammy Award nominations.

Favorite Quotes from Travis Scott

“Money is something that keeps you alive and healthy and just keeps you focused. It’s the drive. It’s the passion.” – Travis Scott

“Me being in Houston, I wanted to leave there because it was only known for one thing. That’s why I hit N.Y., that’s why I hit L.A. That’s why I hit Paris, London. I just picked up basically everything, but I morphed it into what Travi$ Scott is and into what I know is fresh.” – Travis Scott

“I must say, I’ve been in the studio with Jay Z, dog… I thought the freestyle thing was a myth. But, bro!” – Travis Scott

“I’m not into just one thing; I always felt like I had to have my hand in everything revolving around what I do, whether it’s directing videos, making beats, making music, performing.” – Travis Scott

“I feel like Houston is one of the leading things in music culture. Everyone loves the Houston culture. It needs to have its own monument, its own moment for artists like me, artists like Beyonce who set it off.” – Travis Scott

“Everybody just has different steps in their life that they take to do what they should.” – Travis Scott

“I’m just here for good times, man. I want people to have the best time ever. Especially if they’re around me.” – Travis Scott

How Does Travis Scott Spend His Money?

Without a question, Travis Scott is currently among the highest-paid rappers. Scott has been actively earning money by going on tours and creating fresh, well-liked music.

In addition to earning money from his music and merchandise, Travis also benefits financially from his Nike endorsement deal. He enjoys investing in hip clothing and unique footwear a lot.

The rapper is a huge auto enthusiast; on April 30, 2020, he presented himself a brand-new Bugatti Chiron, which will cost $3.1 million. Kylie Jenner received a $1.4 million sports car from Scott. For Kylie's 21st birthday, he also gave her a white antique 1950s Rolls Royce. Scott spent $23.5 million to aquire a beautiful property in Los Angeles.

Travis Scott's Rules for Success

Travis has established some guidelines for his own life. No matter what, he strives to stick to these standards.

Stop competing with one another: Scott asserts that artists might all have the power if they simply gave up attempting to outdo one another. They should be cooperating with one another rather than competing. The true power is used in the situation.

It's never an option to give up: Travis Scott never considers giving up. That includes the time when he was attempting to succeed and faced many challenges. He never gave up, and he claims that giving up now is not an option for him.

Choose your own path: Travis said that several different musicians at first served as his inspiration. He initially drew influence from it when making his own music, but he finally developed his own style and distinct sound.

Act proactively: Don't let challenges prevent you from accomplishing your objectives. Be willing to step outside of your comfort zone in order to lower the obstacles keeping you back.

Build an experience: Travis is all about constructing experiences that are packed with various graphics and aspects. not merely a rapper with a DJ and a microphone.

Complete tasks yourself: If you are capable of carrying out specific tasks on your own and achieving specific objectives by yourself, go for it! You will frequently need to work with people in order to accomplish your objectives. However, don't hold out for assistance from everyone. Perform your best.

Design whatever you want: You have the freedom to focus on whatever you want. When working with others, Scott said, they'll often give ideas, and he may take the ones he likes and modify them to suit his preferences. His effort toward the work will be considerably more fruitful if he enjoys it.

Make the proper connections: Making the appropriate connections is crucial for success. Connections with people who can assist you and have previously experienced your position are really valuable. Keep an eye out for them and be sure to establish close relationships with them.

The power of knowledge: In the studio, Travis claims he doesn't utilize drugs to boost his work ethic. He is the substance. He possesses the knowledge necessary to create successful tunes and beats.

Be angry: If you've ever seen one of Travis' performances, you know how much vigor he brings to the stage. People should simply savor the present, have fun, and put their all into everything they do, according to Scott.