Megan Thee Stallion Net Worth: The Rapper Who Shot to Fame on Social Media

Megan Thee Stallion is hot on the mic, and she has a thick bank account to match, we look at her net worth, top quotes, career & more.
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Shout out to them girls who go where the money go. – Megan Thee Stallion

There are several talented female rappers in an industry mostly dominated by men. Megan Thee Stallion is a great example of a woman who buries many male rappers’ skill sets. The superstar is hot on the mic, and she has a thick bank account with a net worth of $8 million.

The artist won three Grammy awards in 2021, including Best Rap Song, Best New Artist, and Best Rap Performance. Megan gained commercial success with her 2019 mixtape, ‘Fever.’ She continued her climb to fame with the 2020 EP, ‘Suga,’ and her debut studio album, ‘Good News.’

Megan Thee Stallion: The Facts

Net Worth:$8  Million
DOB:February 15, 1995
Country of Origin:United States of America
Source of Wealth:Rapper

Megan talked about the origins of her stage name in a 2017 interview. The artists stated she had the same body since she was 16, with men in her life calling her a ‘stallion. At the time, the artist didn’t know if they were mocking or admiring her, so she ran with the moniker.

Image Taken From Megan Thee Stallion Instagram Image © Megan Thee Stallion
Image Taken From Megan Thee Stallion Instagram Image © Megan Thee Stallion

Megan Thee Stallion – The Early Years

Born on February 15, 1995, in San Antonio, Texas, Megan Jovon Ruth Pete grew up in Houston’s South Park neighborhood. She was raised by her mother, Holly Thomas. Her grandmother and great-grandmother also had a hand in raising her.

Megan had to wait till she was eight to meet her father, Joseph Pete Jr. He was locked up in prison during her formative years, and Megan was close with him after his release til he died when she was 15. Her family was always supportive of her, building her confidence.

Her mother worked as a bill collector and had a rap career between 2001 to 2007, performing under the stage name ‘Holly-Wood.’ It was through accompanying her mom o the recording studio that Megan developed her passion for music and a penchant for rapping.

When she was seven years old, Megan first started rapping, performing in front of her mother. She used a Barbie toy with prerecorded sounds for the beats to her lyrics. Megan recalls stealing her mother’s instrumentals and using them to help her write her songs.

Megan had a relatively normal childhood and schooling, leading the dance and cheerleading teams during middle school. She was a part of the dance and drill teams during high school.

Megan Thee Stallion
Megan Thee Stallion

Megan Thee Stallion – Career

Megan started putting effort into her rapping while attending Houston’s Prairie View A&M University in 2013. In 2019, the rapper said she shied away from telling people about her passion in high school but decided to come out in the open with her talent during college.

Megan found success online with her freestyle and enjoyed performing in rap battles. When she started rapping in front of her mother in college, her mom was surprised at the sexually explicit nature of her lyrics.

Her mom recognized her daughter’s talent. However, she implored Megan to finish college before launching her rap career. Megan got her first taste of success in the rap game during a freestyle session with Houston rappers in 2016. She delivered a competent and competent performance that caught the attention of the local industry.

After deciding to venture out to form a music career, Megan hired her mom as her manager. The rapper released her first mixtape, ‘Rich Ratchet’ in 2016, following it up in 2017 with ‘Make It Hot’ and the EP ‘Tina Snow’ in 2018.

The rapper got her first taste of commercial success with the single ‘Big Ole Freak’ in 2019, with the song made it to the Billboard Hot 100. As Megan gained popularity, she relied heavily on her mom’s support in her early career. Unfortunately, her mom passed away in March 2019 from brain tumor complications. Her great-grandmother also passed away in the same month. Leaving the family with a double tragedy.

Megan found focusing on her rap career consoled her, helping her move forward in life. Her relentless work ethic paid off. The rapper released the single ‘Fever’ in May 2019, reaching number 10 on the Billboard 200.

The rapper started the hashtag #HotGirlSummer on Twitter, leading to a track of the same name, featuring Ty Dolla $ign and Nicki Minaj. The song went platinum and was one of the biggest at hems of the summer in 2019.

The rapper trademarked the term ‘HotGirlSummer,’ due to its commercial success. In 2020, the rapper released ‘Savage.’ The track inspired a dance challenge on the social media platform ‘TikTok,’ going viral.

Megan released a childhood dream in 2020, working with her heroine and fellow Houston resident, Beyonce Knowles. The pair worked on a remix of ‘Savage,’ with the song going to the top of the charts. The rapper donated the profits from the track to a local Houston nonprofit, ‘Bread of Life.’

In 2020, the rapper released her EP, ‘Suga,’ directing the video for the album’s single, ‘Captain Hook.’ She released her long-awaited debut studio album ‘Good News’ in November 2020. The rapper went on to win ‘Best New Artist,’ ‘Best Rap Performance,’ and ‘Best Rap Song’ at the 2021 Grammy Awards for the remix of ‘Savage.’

In 2020, Time Magazine named Megan one of the top 100 most influential people of the year. The artist appeared in several magazines, including the cover of the Sports Illustrated swimsuit issue. She’s a brand ambassador for Rihanna’s Savage X Fenty lingerie line and Revlon. The rapper also has an endorsement deal with the digital payments facility Cash app.

The rapper also has a YouTube channel with 5.55 million subscribers. Her latest track, ‘Ungrateful’ earned close to four million views three weeks after its release. Her videos frequently receive millions of views, and the rapper reportedly makes a decent amount from the ad revenue generated on her videos.

Image Taken From Megan Thee Stallion Instagram Image © Megan Thee Stallion
Image Taken From Megan Thee Stallion Instagram Image © Megan Thee Stallion

Megan Thee Stallion – Controversy

The rapper appeared on the track’ WAP,’ by Cardi B. The song received a lot of controversy in the media due to its sexual nature. However, Megan defended the track and her decision to appear in the video. She stated that it was her body and could do with it as she pleases without fearing public reprisal.

The track was a huge hit, climbing to the top of the Billboard 100. When she released ‘Suga’ in 2020, Megan took her label, ‘1501 Certified Entertainment,’ to court. The following year, Megan returned to court to gain the rights to release her track, ‘Butter,’ a collaboration with K-pop boy band BTS.

Megan also stated that she’s aware her celebrity status brings her a lot of hate from the public and the industry. The rapper had the following to say about her haters.

“If you don’t have no haters, you’re not poppin’,” she told the Los Angeles Times. “So that just really let us know we’re doing something right.”

In July of 2020, rapper Tory Lanez allegedly shot at Megan’s feet while she was exiting a vehicle. She denied it at the time due to being scared of the police brutality against Tony. However, the rapper released her account a few days after the incident.

“Black women are so unprotected & we hold so many things in to protect the feelings of others w/o considering our own. It might be funny to y’all on the internet and just another messy topic for you to talk about, but this is my real life, and I’m real life hurt and traumatized.”

She also wrote an op-ed for the New York times, clearing up the speculation around the events. The piece saw her pen the following.

“Black women are still constantly disrespected and disregarded in so many areas of life.”

Her hit track, ‘Shots Fired,’ also referenced the incident with Lanez in the song lyrics. The rapper also has an activist streak in her, using her appearance on Saturday Night Live in October 2020 to protest the killing of Breonna Taylor by the police.

Image Taken From Megan Thee Stallion Instagram Image © Megan Thee Stallion
Image Taken From Megan Thee Stallion Instagram Image © Megan Thee Stallion

Megan Thee Stallion – Jewelry and Spending Habits

Megan states she loves bling. The rapper has a huge jewelry collection. Some notable pieces include a set of rings made from 14-carat white gold, with a diamond setting costing her $200,000. She also has a necklace with a pendant reading ‘Hot Girl,’ Featuring 155 carats of white gold. The piece was designed by Elliot Eliantte, costing the rapper $425,000.

The rapper also loves taking exotic vacations with her family and friends. In 2021 she visited Niagara Falls with her grandmother, crossing it off her grandma’s bucket list. The artist also loves to party the night away at prestigious nightclubs.

In October 2021, she celebrated her anniversary with her boyfriend, Pardi Fontaine. The star threw a massive house party, setting her back tens of thousands of dollars for food, beverages, and entertainment.

The rapper also has a lust for high-end clothing from luxury brands. She makes heads turn at red carp[et events. Some of her favorite garments include a Gucci Crop Top costing $790, a Saint Laurent Bodysuit priced at $1,390, a Balenciaga Skirt valued at $884, and Versace sandals costing her $1,171.

The rapper also has a penchant for high-end handbags. She purchased a limited edition Dior Bag for $8,500 in January 2021. She also has a love of speed. Her car collection includes a Rolls Royce Dawn worth $350,000, featuring custom rims and interior trim.

She also owns a Mercedes Benz SLS-AMG costing $200,000 and a Lexus IS250 with a price tag of $43,050.

Image Taken From Megan Thee Stallion Instagram Image © Megan Thee Stallion
Image Taken From Megan Thee Stallion Instagram Image © Megan Thee Stallion

Megan Thee Stallion – Aspirations

Despite the rapper feeling overwhelmed by the demands on her time, she went on to complete her degree in health administration. When asked about her decision to return to school, despite her fortune, Megan replied with the following.

“I’m doing it for me, but I’m also doing it for the women in my family who made me who I am today.”

Megan transferred to Texas Southern University and took online courses for years. The artist graduated from the course in the fall of 2021, achieving a lifelong goal.

The rapper has the dream of opening an assisted living facility in Houston. She got the idea from her family and her work in looking after her grandmother and great-grandmother for years as her career took off.

The rapper had the following to say in an interview about her goals.

“I just feel like it’ll be a weight lifted off of family members if they had somewhere for their grandparents to go and be comfortable, I want to give back; this is what I’m gonna do.”

Megan also said the following about her long-term goals with her rap career.

“I don’t like to put myself in a box. Anything I can get my hands on, I want to do it. When I’m in my 30s, I don’t want to just be known as Megan, the rapper — I want to be Megan, the mogul. I want to have been a director, and I want to have all my brand deals. I want to be known as a philanthropist.”

Image Taken From Megan Thee Stallion Instagram Image © Megan Thee Stallion
Image Taken From Megan Thee Stallion Instagram Image © Megan Thee Stallion

Megan Thee Stallion – Personal Life

There are rumors that Megan is dating Pardi Fontaine, with the rapper taking to social media to confirm the rumors. In an interview, the artist said the following about her relationships and public inquiry into her sex life.

“People think that if I’m hanging out with anybody, it got to be, ‘Oh, they’re having sex. Why can’t I just be turnt up with my friend tonight?”

Megan Thee Stallion Quotes

Once you really know yourself, can’t nobody tell you nothing about you.

I feel like, when people realize that they are the only person they need to impress, everybody’s life will be a lot smoother.

If you’ve got love for me, then I’m gonna have love for you, period.

I was raised by a woman who was her true and authentic self. So I feel like it’s very important to put on for people who aren’t that confident or people who don’t realize the value in self-love.

Everybody got their own swag.

 Not every day is a good day for me.

 Since you wanna test them waters, might as well jump in with both feet.

You can keep hating, I’m poppin’ regardless.

They wanna know ‘bout me. They say, “Tell me your story.” Only thing you need to know is I’m in love with the money.

Any hoe got beef from years ago is beefing by herself.


Oliver Dale is Editor-in-Chief of MoneyCheck and founder of Kooc Media Ltd, A UK-Based Online Publishing company. A Technology Entrepreneur with over 15 years of professional experience in Investing and UK Business.His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More.He built Money Check to bring the highest level of education about personal finance to the general public with clear and unbiased reporting.oliver@moneycheck.com