Curious About Lil Pump’s Wealth?
Lil Pump, the well-known American rapper and songwriter, possesses a net worth estimated at $12 million. He gained immense popularity in the SoundCloud rap scene thanks to his millions of streams. Born as Gazzy Garcia, Lil Pump was also recognized as Trapper of the Century.
Childhood Background
Hailing from Miami, Florida, Lil Pump, born Gazzy Garcia on August 17, 2000, belongs to Colombian parents who got divorced when he was merely six years old. At the age of 13, his cousin Lil Ominous introduced him to Smokepurpp, also known as Omar Pineiro, and their partnership began. The duo faced multiple expulsions from various school districts, and Garcia eventually attended an alternative high school only to be expelled in the tenth grade due to violent behavior and instigating a riot.
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Professional Journey
Smokespurpp kickstarted Lil Pump’s career by producing a track for him to freestyle over. This resulted in the independent release of Lil Pump’s debut single “Lil Pump” on SoundCloud in 2016. This success was followed by hits like “Elementary,” “Ignorant,” “Gang Shit,” and “Drum$tick,” each accumulating over three million listens. His popularity in the SoundCloud scene led to him being recognized in the South Florida underground rap scene as a pioneer of “SoundCloud rap.”
In 2016, he co-headlined the “No Jumper” tour and showcased his talent at the Rolling Loud Festival. By 2017, his singles “D Rose” and “Boss” had gained immense traction on SoundCloud, accumulating a total of 70 million streams. The music video for “D Rose,” directed by Cole Bennett (also known as Lyrical Lemonade), was released on YouTube in January 2017 and had amassed 145 million views by July 2018.
On June 9, 2017, just before turning 17, Lil Pump signed a record deal with The Lights Global and Warner Records. However, in January 2018, his contract was nulled by Warner Bros. Records due to his status as a minor during the signing. In July 2017, Garcia announced via Twitter about his upcoming album, initially set for an August release, but it was postponed. Instead, he dropped “Gucci Gang,” marking his first entry into the “Billboard” Hot 100 charts.
Debuting in 2017, Lil Pump’s self-titled mixtape secured the #2 spot on both US Rap and US R&B/Hip-Hop charts, as well as #3 on the “Billboard” 200 chart. His most successful single, “Gucci Gang,” peaked at #3 on the US Rap and US R&B/Hip-Hop charts, achieving gold certification by the RIAA on January 11, 2018. By July 2018, it was certified triple platinum.
Following this, Garcia released his debut studio album, “Lil Pump,” on October 6, 2017, featuring artists like Smokepurpp, Gucci Mane, Lil Yachty, Chief Keef, Rick Ross, and 2 Chainz. Notable singles from Lil Pump include “Back” (feat. Lil Yachty) and “Iced Out” (feat. 2 Chainz).
In January 2018, Lil Pump collaborated with producer Carnage for “I Shyne” and then re-signed with Tha Lights Global and Warner Records in March 2018 for a staggering $8 million. The release of the single “Esskeetit” followed in April, peaking at #24 on the “Billboard” Hot 100 charts. He even performed it on “The Tonight Show with Jimmy Fallon” in May 2018. During the same summer, his track “Drug Addicts” and its music video featuring actor Charlie Sheen went viral.
(Photo by Frazer Harrison/Getty Images)
By the end of 2018, Lil Pump had over 11 million YouTube subscribers and nearly two billion views on the platform. His collaboration with Kanye West, “I Love It,” debuted at #1 on the streaming songs chart on September 22, 2018, amassing 46 million streams in its first week and reaching #1 on the Canadian Hot 100. Despite planning a promotional tour in August 2018 for his upcoming album “Harverd Dropout,” it was abruptly canceled the following month due to unforeseen issues.
October 2018 saw the release of Lil Pump’s single “Multi Millionaire,” featuring Lil Uzi Vert. In February 2019, he dropped a track with Lil Wayne titled “Be Like Me” along with a music video, performing the song live on “Jimmy Kimmel Live!” on February 25, 2019. His second studio album, “Harverd Dropout,” was released on February 22, 2019, featuring collaborations with Kayne West, Lil Wayne, Smokepurpp, Lil Uzi Vert, 2 Chainz, Offset, Quavo, and YG.
On September 16, 2020, Lil Pump unveiled a new single, “Life Like Me,” exclusively on SoundCloud. This was followed by various exclusives and collaborations in 2021. In the same year, Lil Pump and producer Ronny J discreetly launched an album called “No Name,” which failed to gain traction due to minimal marketing. In 2023, he dropped his studio album “Lil Pump 2.”
Personal Details
Lil Pump has disclosed that he faces challenges due to dyslexia, impacting his reading abilities.
In February 2018, Pump faced legal troubles after being arrested for firing a weapon in a populated area. Allegedly, three individuals tried to break into his residence in San Fernando Valley, leading to Pump shooting at the door. Authorities later discovered the firearm inside the house, resulting in an investigation against his mother for negligence and possessing an unsecured weapon.
A few months later, Garcia was taken into custody in Miami for driving without a valid license. In October 2018, his manager revealed that the rapper served a brief prison sentence for violating parole related to the incident but refrained from sharing further details. In December of that year, Garcia was detained in Copenhagen for marijuana possession post a performance at Vega, resulting in a $700 fine and a two-year ban from entering the country.
In 2021, the IRS placed a lien on Lil Pump’s Miami residence for unpaid taxes amounting to $1.6 million. Subsequently, additional claims were made, stating he owed around $130 thousand for 2020 and more than $141 thousand for 2021, totaling approximately $2 million in delinquent taxes.
In April 2022, Lil Pump’s career journey continued, but the details are yet to be revealed.
In March 2018, Lil Pump signed a recording contract with Warner Brothers that included an $8 million advance and structured payments of $9,000 in the first year, $12,000 in the second, and $15,000 in the third through seventh years. Additionally, he received a significantly high 14% share of his royalties in the United States and could earn up to 66% in some sales formats. The $8 million advance meant that until it was paid back, Pump couldn’t earn any further income. Moreover, failure to repay the advance might pose challenges in securing another deal.
Real Estate
In July 2019, Lil Pump acquired a 5,000-square-foot waterfront mansion in Miami Beach for $4.6 million.