How much is Chance the Rapper worth? Chance the Rapper is worth $500,000, according to HipHop-Networth.com, and while that’s hardly a lot of money by hip-hop standards, it’s not bad for a rapper who’s only released a pair of free digital mixtapes. Chance the Rapper was born Chancellor Bennett on April 16, 1993, in Chicago, Illinois. He started out digging jazz, but while attending Jones College Prep High School, he fell hard for hip-hop, and during freshman year, he formed the duo Instrumentality. In 2011, after following a 10-day suspension for what he termed “weed-related activities,” Chance the Rapper recorded the aptly titled “10 Day,” his debut mixtape. Released for free online, the record caused a sensation, and the following year, the Chi-Town riser toured with Childish Gambino, aka Donald Glover. Chance the Rapper turned even more heads with “Acid Rap,” his 2013 sophomore mixtape. That collection made numerous publications’ year-end best-of lists, establishing this Windy City MC as one to watch.
If the figures are accurate, Chance the Rapper’s net worth of $500,000 likely stems from touring, as many people downloaded “10 Day” and “Acid Rap” free of charge. Despite what might seem like an unfavorable business arrangement — giving away free music — Chance told Rolling Stone (as per Complex) in 2013 that he might never sign with a major label. “What’s an album these days, anyways?” Chance said. “‘Cause I didn’t sell it, does that mean it’s not an official release? So I might not ever drop a for-sale project. Maybe I’ll just make my money touring.”
How much is Chance the Rapper worth compared to other young rap phenoms? His $500,000 ties him with Ab-Soul, according to HipHip-Networth.com, and it puts him slightly behind Future, whose fortune is estimated at $2 million. Of course, Chance is only 21 years old, and whether he signs that record contract or not, he’s got many years of earning ahead of him.