6IX9INE Net Value:
500 Thousand
Compare 6IX9INE’s Net Worth
| Net Worth: | $500 Thousand |
| Date of Birth: | May 8, 1996 (26 years old) |
| Place of Birth: | New York City, U.S. |
| Gender: | Male |
| Profession: | Rapper |
How much does Tekashi69 earn?
Tekashi69, an American rapper and social media personality, is a convicted felon. As of the writing of this article, Tekashi69’s net worth is $500,000. Tekashi is a controversial rapper, both in his music and in his personal life. He pleaded guilty in 2015 to the felony charge that he had used a child for sex. He was also charged with racketeering and weapons as well as drug charges, conspiracy to murder, and other offenses in 2018. In exchange for a two-year sentence reduction, Tekashi gave evidence against his former gang members. Due to the COVID-19 pandemic, Tekashi was released earlier and placed under house arrest.
In his short career, Teskashi has managed to make extraordinary amounts of money. According to some reports, Teskashi has signed numerous appearance and contract agreements that could pay, cumulatively. In the next paragraph, we’ll be discussing Tekashi’s financial situation in greater detail.
Financial Issues
Tekashi69’s financial situation is difficult to track from month to month, to be honest. He has signed many multi-million-dollar record and concert deals. He also has millions of streaming royalties. This is mainly due to his YouTube channel, which currently has more than 20 million subscribers and over 5 billion video views.
Tekashi’s professional career was essentially suspended for two years after Tekashi was sentenced to prison.
In March 2022, Tekashi presented documents to a court claiming that he was facing serious financial difficulties due to income loss. This was primarily because his career had been put on hold for two years. He claimed he was not receiving any royalty income and that he could not generate income through touring.
His filing specifically claimed:
“Right now I’m struggling to make ends meets. I don’t know if I’ll ever be able to get the same advances that I received before my arrest. My career has stalled.
These documents were part of a civil suit brought by two former partners. He also stated that if the lawsuit continued, it could “bankrupt him.”
One month later, Tekashi69 uploaded the following Instagram video in which he showed off several million dollars of cold hard cash as well as at least a million dollars of cars.
Tekashi posted the video on Instagram a day later and Harvey Levin asked him to explain how he could flaunt so much money at a time when he also claimed to be broke to a judge. Below is a transcript of their conversation.
Harvey Levin
” You owe like one million dollars in restitution and I know that you have told a judge you didn’t have it.”
Harvey’s cohost then called in:
” Your attorney stated that you would have to file bankruptcy.
Harvey then added:
“But then, you’re dumping 2,000,000 dollars. Is it not possible to seize that much money?
Early Life
Tekashi69 was the son of Daniel Hernandez, a native of Bushwick, Brooklyn on May 8, 1996. His mother is Mexican and his father is Puerto Rican. He didn’t meet his father until he turned nine years old. He believed that his father wasn’t alive until then. Daniel Sr. was a heroin addict and was in prison. Later, his father claimed that Daniel Sr. was a heroin addict who was imprisoned. He even ripped up the letters he had sent from prison.
The family was struggling financially after Daniel’s stepfather, who was 14 years old, was killed on the steps of their family home. Daniel needed to see a therapist for depression and PSD after their death. Around this time, he began acting out at school and was expelled in eighth grade. Daniel started working in a grocery store after he graduated from high school to support his family’s financial needs.
Rap Career
Daniel started rapping at the age of 16 years. He met the CEO of a recording label, who visited the Brooklyn bodega where Daniel was currently working. This gave him an early break. Hikari Ultra was a label that Peter “Righteous P.” Rogers, a record executive, ran. Peter encouraged Daniel to start releasing original music.
In 2014, he released his first single, “69”, which was appropriately titled. He would release many more singles that same year. Daniel would release several singles over the next three decades, and he adopted the name Tekashi6ix9ine.
Success
In 2018, Tekashi69 released Day69, his debut mixtape. His debut single, “Gummo”, reached #6 on US Rap charts, #7 on US R&B/Hip-Hop charts, and #12 on Billboard Hot 100. He was also certified Gold. 6IX9INE’s single, “Kooda”, was also certified Gold. It reached #29 on US R&B/Hip-Hop charts and #50 on Billboard Hot 100. His single “Keke”, featuring Fetty Wap, A Boogie wit da Hoodie, reached #20 on US Rap charts, #22 on US R&B/Hip-Hop charts, and #43 on the Billboard Hot 100.
Reported Record Deals
6IX9INE boasted on social media about numerous management and record deals. In January 2018, 6IX9INE claimed in an Instagram post that he had signed $7.5 million of record deals. He claimed that he had signed a $15m management contract with Birdman’s RICH GANG business. A month later, he claimed that he had signed a $4.9million endorsement deal for a headphone manufacturer. According to several people in the record industry we spoke to, there is no evidence that any of these deals were even remotely real.
$10,000,000 Deal
In October 2019, Tekashi signed a record deal with 10K Projects. According to reports, the deal is worth at least $10 Million and will include two future albums in English and Spanish.
GlobalStreamNow Deal
In July 2020, Tekashii announced that he had signed a $5 million deal to live stream with GlobalStreamNow. The deal includes one virtual performance that will be held on September 5, 2020.
Legal issues
Tekashi69 was arrested on a variety of occasions. He pleaded guilty in 2015 to the felony charge of using a child for sexual performance. He was placed on probation for three years and allowed to keep his GED. He failed the GED exam. He was arrested in July 2018 on an outstanding warrant for an incident in which he allegedly choked a person at a Houston mall.
He was charged with weapons, drug, and racketeering offenses in 2018. He agreed to testify against Nine Trey Bloods gang members to avoid a possible 47-year sentence. In September 2019, he testified for several days. He stated that he could pretend to be part of the Nine Trey Bloods Gang as long as he funded the group. He also stated that he started earning $60,000 per month through YouTube royalties and live performance fees after the release “Of Gummo”.
As part of an arrangement with the government, he entered a guilty plea in December 2019.
Tekashi was sentenced to 13 months for his cooperation. He testified against defendants who are currently facing life sentences.
He requested early release due to the COVID-19 disease that was sweeping the prison system. He was released by the government on April 2nd after he refused to be held hostage for too long. He was scheduled to be released in August 2020.
Release
On May 8, Tekashi’s new song “Gooba”, and a music video for it, were released. This video quickly broke the YouTube record for the largest 24-hour debut of a hip-hop video. The video received 40 million views in 24 hours. Eminem’s song “Killshot” was the previous hip-hop single-day record, which stood at 38 million.
Within one week, “Gooba”, had reached 150 million views.
Tekashi69 also hosted an Instagram Live on May 8. Over 2 million people simultaneously tuned in, breaking the Instagram live record of more than a 1.7million.
Tekashi claimed publicly that he made $2 million in less than a week from “Gooba”, YouTube ad revenues, Spotify royalties, and other sources of income. He also stated that he would donate 10% of the profits back to charity.
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