How much is Tory Lanez worth?
| Net Worth: | $4 Million |
|---|---|
| Profession: | Professional Rapper |
| Date of Birth: | July 27, 1992 (age 30) |
| Country: | Canada |
| Height: | 5 ft 6 in (1.7 m) |
About Tory Lanez
Tory Lanez is the stage name of Daystar Shemuel Shua Peterson. He’s a Canadian rapper, record producer, singer, and songwriter. He initially began his music career in 2009 and then received recognition from his mixtape Conflicts of My Soul: The 416 Story, released in August 2013. For the past few years, the popular rapper has released six victorious studio albums, with the latest being Loner released in 2020, and Sorry 4 What in 2022.
Tory Lanez became famous after the release of his mixtape Conflicts of My Soul from the summer of 2013. Daystar was born on July 27, 1992, in Brampton, Ontario, Canada. His father, Sonstar, is Bajan and his mother, Luella, is from Curacao. His family was based in Montreal but they eventually moved to Miami in the early 2000s. Throughout his childhood, he continuously practiced and refined his rapping skills. Following his mother’s death, his father began working as an ordained minister and missionary.
Because of his father’s work, the two moved frequently throughout the United States. They eventually settled in Atlanta, Georgia, where Daystar spent a lot of time with his cousins. When he was sixteen, he dropped out of high school and began proofing songs at outdoor concerts and venues. One year later, without receiving any vocal training, he began singing. Inspired by the likes of Brandy and Ray J, by his early twenties, he began producing and releasing his own music, with his first being the debut mixtape T.L. 2 T.O.
Associating himself with the likes of Meek Mill, Sean Kingston, 6ix9ine, ASAP Ferg, and G-Eazy for the creation of well-liked hit singles is how the rapper and record producer became rich. In the early years of the 2010s, he developed the stage name Tory Lanez and created his own YouTube channel. On YouTUbe, he began uploading videos of his covers and freestyles of different songs. One of his videos caught the attention of Sean Kingston who helped him land an act on Justin Bieber’s tour in 2010.
After self-releasing multiple mixtapes such as Lost Cause, Chixtape, and The New Toronto, the Canadian rapper met Benny Blanco with whom he has been working ever since. Eventually, he signed with Blanco’s label Mad Love, which is in collaboration with the giant Interscope Records. In August 2017, he released his debut studio album titled I Told You. The studio album was met with positive reviews and was both a commercial and critical success.
Releasing quality music and having his name included in various controversies is what makes the hip hop artist so successful. Since the mid-2010s, Lanez quickly became one of the hottest rappers in North America thanks to his “swavey” style.
In March 2018, he released his sophomore studio album titled Memories Don’t Die which topped multiple charts in Canada and the United States. In the next two years, he released four other studio albums, all of which were just as successful.
Since his rise to the top, the rapper has been a hot topic in media and television. Over the course of his career, he has had many memorable feuds with other public figures and celebrities such as Drake, Jacques, Joyner Lucas, and Don Q. He has also faced many legal issues with the most recent being the shooting arrest and charges of fellow rap artist Megan Thee Stallion. Since then, his career has had a downfall. Besides negative responses and reviews towards his music, his streaming figures also decreased significantly from 30 million to roughly 9 million.
Lanez’s Total Net Worth
Tory Lanez has earned estimated total career income of $7.5 million dollars. As Lanez lives in the state of Florida, he will have had to pay around 35% in taxes on his career income. After tax, it is estimated that his career earnings are at around $4.87 million dollars, having paid $2.63 million dollars in taxes.
Tory Lanez is not married and has no children. In his personal life he has likely spent $1 million dollars of his career earnings but also earned $650,000 from his investments. He will have also had to pay around $1 million dollars in business related costs. Therefore, it is estimated that Tory Lanez has a net worth of about $4 million dollars.
Summing-Up
When it comes to controversial rap artists, Tory Lanez is certainly one of the hottest names. Since his rise to the top of the music industry, his career has had many ups and downs. For the past ten years, he has released many projects that thrived on an international level. From all of his music projects and appearances on television, Lanez has received not only national popularity but wealth as well. Despite the controversies and feuds, he has earned a net worth estimated to be more than $4 million in less than a decade.
