The Fantastic 'Mr. Fox': Machine Gun Kelly's Net Worth

Highlights

• Multi-talented Machine Gun Kelly's net worth is estimated at $25 million, fueled by music, acting, business ventures, and entrepreneurial acumen.
• From chart-topping albums to Hollywood roles, MGK's versatile career spans music, films like The Dirt, and real estate investments.
• Kelly's income sources range from electrifying album tours to lucrative brand endorsements and streaming revenue, shaping his financial success.
• In March, it was revealed that MGK and Megan Fox's on and off relationship was again "off."

Machine Gun Kelly, born Richard Colson Baker, has evolved into a multi-platinum-selling artist, genre-bending musician, and budding entrepreneur.

Machine Gun Kelly's net worth is estimated at $25 million, and it reflects this multifaceted approach to success, built on a foundation of hit music, successful album tours, lucrative business ventures, and an undeniable ability to capture the zeitgeist.

The Grammy-nominated rapper burst onto the music scene with the electrifying track "Alice In Wonderland," marking the inception of his meteoric rise to prominence before signing with Puff Daddy/Diddy's Bad Boy Records.

His debut studio album Lace Up, which was released in 2012, catapulted him to mainstream success, fueled by the chart-topping single "Wild Boy."

Subsequent albums like General Admission (2015) and Bloom (2017) further elevated his reputation, with hits like Bad Things featuring Camila Cabello dominating the airwaves.

In addition to his musical achievements, MGK has made waves in Hollywood, starring in films such as Beyond The Lights, horror thriller Bird Box, and The Dirt, where he portrayed iconic drummer Tommy Lee.

Kelly and actress Megan Fox have been romantically linked since May 2020, after meeting on the set of the film Midnight In The Switchgrass – the pair have yet to marry, despite a lengthy engagement.

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MGK's relentless work ethic and talent have propelled him to the upper echelons of the entertainment industry, with a fortune that continues to soar as he diversifies his portfolio through acting, endorsement deals, and entrepreneurial ventures.

Today, we'll look at Machine Gun Kelly's net worth, and the streams of income that comprise it.

Update, March 2024: On March 21st, Yahoo! Entertainment reported that Machine Gun Kelly and Megan Fox had begun "living separately," and reported that the couple had apparently ended their engagement, citing an anonymous "insider":

"It turns out that the couple secretly ended their engagement and is currently no longer under the same roof. If sources are to be believed, the pair may have lost the bond that once held them together."

Machine Gun Kelly’s Music Career

Machine Gun Kelly's musical career is a whirlwind of raw energy, genre-bending evolution, and chart success.

It all began in his teens when he honed his rapid-fire lyrical delivery and earned his stage name.

After adopting the stage name Machine Gun Kelly, he began performing at local venues, gradually building a following with his fast-paced vocal delivery and dynamic stage presence.

Early mixtapes like 100 Words and Running built a local buzz, but they did not see any form of commercial success.

Despite financial struggles and personal challenges, MGK's perseverance paid off when he released the breakout single "Alice In Wonderland," launching him into the spotlight and setting the stage for his debut studio album Lace Up in 2012.

Lace Up debuted at number four on the Billboard 200. It was certified gold, denoting sales of over 500,000 copies, setting the stage for future success.

Kelly's collaboration with Camila Cabello, "Bad Things," hit number four on the Hot 100 and earned 11.4 million streams, highlighting his crossover appeal.

MGK's transition from rap to pop-punk proved hugely successful, with Tickets To My Downfall dominating the charts. Several tracks, notably "My Ex's Best Friend," claimed multiple spots on Billboard's Hot Alternative Songs chart.

Machine Gun Kelly's discography consists of six studio albums, three extended plays (EPs), eight mixtapes, 32 singles and 75 music videos. Machine Gun Kelly has achieved impressive album sales, with over 2,866,754 albums sold worldwide.

This includes 2,500,000 copies sold in the United States and 220,000 in the United Kingdom. Notably, his best-selling album, Tickets to My Downfall, has surpassed 1,205,000 copies sold.

The Ohio-bred artist has sold 16.5 million certified units of digital singles.

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Worldwide Album Tours

Machine Gun Kelly's album tours have been instrumental in boosting his net worth, with sold-out shows and massive ticket sales contributing to his financial success.

One notable tour, Mainstream Sellout, featuring opening acts from Travis Barker and Avril Lavigne, ran from June 2022 and concluded on October 12, 2022, at the AFAS Live in Amsterdam.

The Mainstream Sellout Tour was a massive hit, grossing an impressive $33,680,513 in revenue across 56 shows.

Not only did these shows introduce more fans to MGK's music, but they also served as a lucrative source of income, steadily increasing his net worth.

With each tour stop, Machine Gun Kelly's popularity and influence in the music industry continued to soar.

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Kelly's Acting Career

Although his music career is the major source of his income, Kelly's acting chops have landed him roles in big-budget films alongside major stars.

Kelly made his film debut in the 2014 romantic drama Beyond The Lights, where he played a rapper named Kid Culprit. The film grossed $14.6 million against a $7 million budget.

Beyond The Lights did not set the box office on fire, but it opened doors for Kelly, leading to roles in diverse projects like the Cleveland-set drama The Land and the techno-thriller Nerve.

His portrayal of drummer Tommy Lee in the Mötley Crüe biopic The Dirt marked a turning point, garnering him wider recognition and critical acclaim.

The film, released on Netflix, enjoyed global reach and contributed to his growing fame. He played Felix in the 2018 Netflix post-apocalyptic horror thriller film Bird Box with Sandra Bullock.

This success continued with roles in high-profile projects like Project Power, alongside Jamie Foxx.

In 2021, he co-starred in the crime thriller Midnight In The Switchgrass, alongside Bruce Willis and Megan Fox.

That same year, he starred in the action western film The Last Son with Sam Worthington.

Kelly also starred in the self-directed film Good Mourning, which debuted in 2022. Reports indicate that MGK has earned approximately $4 million from his film and television appearances.

Kelly's Business Ventures

Machine Gun Kelly's entrepreneurial ventures have significantly boosted his $25 million net worth, showcasing his business acumen beyond the realm of music and acting.

Like a true rockstar, he eschewed the usual celebrity skincare route and launched a unique venture: UN/DN, a cruelty-free nail polish line that offers 20 vibrant shades, reflecting his unique approach to beauty entrepreneurship.

Additionally, Kelly expanded into the food and beverage industry by opening The 27 Club, a coffee shop and restaurant in his hometown of Cleveland in 2020.

Despite initial controversy surrounding the store's name, which pays homage to celebrities who died at 27, The 27 Club has become a popular destination, serving everything from coffee to cocktails and food.

These successful business endeavors have undoubtedly contributed substantial profits to Machine Gun Kelly's net worth.

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Lucrative Brand Endorsements

The tattooed rebel-turned-multi-millionaire mogul has also dominated the brand endorsement game.

His unique blend of punk-rock attitude and charisma has attracted major players across industries. He is in collaboration with globally recognized names such as Reebok, Dolce & Gabbana, and Young & Reckless.

Kelly has served as the face of Reebok, promoting the brand's Club C sneaker line through his extensive reach and influence. Machine Gun Kelly has also ventured into modeling.

Standing at an impressive height of 6 feet 3 inches, the rapper made his runway debut in 2016 for Joshua Jane's fall-winter collection.

The following year, Kelly collaborated with renowned fashion designer John Varvatos for his "Wild At Heart" 2017 fall campaign.

Additionally, his partnership with Dolce & Gabbana saw him featured in the brand's 2022 Casa campaign, and rocking their custom pieces at major events; he seamlessly blends his unique style with the brand's luxury image.

While specifics on MGK's couture collaborations are undisclosed, estimated suggest such high-profile partnerships with luxury brands can reach the seven-figure mark.

His collaboration with Hulu, in particular, has seen him not only endorsing products but also becoming a prominent figure in their marketing campaigns.

These brand endorsements have not only elevated Kelly's public profile, but have also added substantial figures to his net worth.

Income From Streaming Services

Music streaming platforms have become major revenue streams for artists, and the "Rap Devil" singer is no exception.

While exact figures for his earnings are unavailable, industry estimates and his overall popularity paint a picture of significant income.

With millions of monthly listeners on platforms like Spotify, Apple Music, and YouTube Music, each stream translates to a small but impactful payout.

Considering his extensive discography and consistent releases, these microtransactions steadily accumulate, generating substantial income over time.

Additionally, high-performing tracks like "Bloody Valentine," which has over 1.2 million monthly listeners, garner significantly higher payouts, potentially boosting his streaming revenue even higher.

With an impressive 13 million monthly listeners, every click translates into a robust stream of income.

Industry estimates suggest artists earn around $0.003 - $0.008 per stream, with factors like platform and subscription type impacting the exact amount.

Applying this range to MGK's listener base, his Spotify streams alone could potentially generate between $39,000 and $104,000 per month.

It is important to note that streaming services offer different payout models, so exact figures remain elusive.

However, considering his popularity and extensive catalog, it's safe to say streaming plays a significant role in Machine Gun Kelly's financial success.

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Machine Gun Kelly's Expensive Car Collection

The rapper's garage is reported to contain over $1.4 million worth of automobiles. For sheer speed, MGK owns a Lamborghini Gallardo, estimated to cost around $195,000.

This Italian stallion packs a punch with a 5.0-liter V10 engine, perfect for adrenaline-fueled drives.

Kelly's collection also includes the prestigious Aston Martin DB11, valued at $246,000, which he gifted himself after completing a tour in 2019.

Despite being stolen in 2020, the car was recovered by the LAPD. Additionally, Kelly owns a Mercedes-Benz S-Class.

Kelly's version, valued at around $173,000, offers unparalleled comfort and technology, making every journey a first-class experience.

The crown jewel of his collection might be the Rolls-Royce Phantom, a symbol of pure opulence.

This behemoth, costing around $450,000, boasts a V12 engine and handcrafted details, delivering an unparalleled driving experience.

MGK's Real Estate Portfolio

Before securing his current lavish digs, the "Concert For Aliens" singer called a $30,000-a-month Sherman Oaks mansion home, rubbing shoulders with fellow celebs like Zendaya and Shemar Moore.

In 2022, Kelly made headlines when he purchased a sprawling mansion in Encino, California, formerly owned by YouTuber Logan Paul.

The modern farmhouse-style estate cost an estimated $7.5 million, significantly less than its initial asking price of $8.995 million.

Boasting 8,689 square feet, seven bedrooms, and eight bathrooms, offering ample space for his blended family - Megan Fox's three kids and his daughter.

Real estate holdings are not always disclosed to the public, but Machine Gun Kelly's net worth is likely to be bolstered significantly by his property portfolio.

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