Tekashi69 Net Worth (Money & Salary)

What Is Tekashi69’s Net Worth?

Tekashi69, an American rapper, social media personality, and convicted felon, boasts a net worth of $500 thousand. He stands out as one of the world’s most contentious rappers, both in his artistic expression and his private life. In 2015, he admitted guilt to a felony charge involving the exploitation of a child in a sexual performance. Following his 2018 arrest on charges including racketeering, firearms, drug offenses, and conspiracy to commit murder, he cooperated with authorities in exchange for a reduced two-year sentence by testifying against former gang members. His release was expedited due to the COVID-19 pandemic, resulting in house arrest.

Although he has had a relatively short career to date, Tekashi has generated remarkable income. Reportedly, he has inked multiple contracts and appearances that collectively could earn him tens of millions of dollars. More detailed insights into Tekashi’s financial status will follow in the next section.

Financial Issues

In all honesty, tracking Tekashi69’s financial situation from month to month proves to be quite challenging. Undeniably, he has secured various multi-million dollar agreements in music and concerts. Moreover, he has gained millions through streaming royalties, largely due to his YouTube channel, which has amassed 20 million followers and over 5 billion views.

Conversely, his incarceration effectively halted his career for a period of two years.

In March 2022, Tekashi filed documents in court stating that he was experiencing significant financial troubles due to loss of income, largely stemming from his two-year career hiatus. He reported a lack of royalty income and an inability to earn money from tours.

In his filing, he mentioned:

“Right now, I am struggling to make ends meet. I do not know if I will ever command the kind of advances I was paid before my arrest and my career stalled.“

These documents were related to a civil lawsuit initiated by two of his former associates, where he expressed that the ongoing lawsuit could potentially “bankrupt” him.

A month later, Tekashi69 shared a video on Instagram showcasing several million dollars in cash along with a collection of cars valued at a million dollars or more:

 

View this post on Instagram

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A post shared by @6ix9ine

The day after sharing the video above on Instagram, Tekashi appeared on “TMZ Live,” where Harvey Levin directly inquired about the apparent contradiction of exhibiting substantial cash while arguing financial hardship in front of a judge. Below is the dialogue from that discussion:

Harvey Levin:

“You owe around a million dollars in restitution, and I understand you’ve told a judge that you’re broke.“

Harvey’s co-host then interjected:

“Exactly, and your attorney mentioned that bankruptcy might be necessary.“

Subsequently, Harvey remarked:

“Yet you’re flashing two million dollars. Doesn’t that put you at risk of having those funds seized?“

Tekashi responded:

“I don’t have it at the moment. I really don’t. That was just prop money.“

Early Life

Born Daniel Hernandez on May 8, 1996, in Bushwick, Brooklyn, New York, Tekashi69 comes from a background where his mother hails from Mexico and his father from Puerto Rico. He only met his father when he was nine, having believed up until that time that his father was no longer alive. The truth was that Daniel Sr. was serving time in prison due to heroin addiction.

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Later, his father would assert that the mother’s family obstructed Daniel Sr. from visiting Daniel Jr., even going so far as to tear up the letters he sent while incarcerated.

The family faced significant financial difficulties, particularly after the tragic shooting death of Daniel’s stepfather outside their home in 2010, when Daniel was 14. This incident led to considerable psychological trauma for Daniel, which necessitated therapy sessions to address his PTSD and depression. Around this same period, Daniel began exhibiting disruptive behavior at school, culminating in his expulsion during the 8th grade. Following his exit from school, he took a job at a grocery store to support his family financially.

Rap Career

At the age of 16, Daniel ventured into rapping. A significant opportunity arose when he crossed paths with the CEO of a record label while working at a bodega in Brooklyn. This executive, Peter “Righteous P” Rogers, managed a label named Hikari-Ultra, and he motivated Daniel to start releasing his own music.

In 2014, he released his debut track, aptly titled “69,” followed by several other singles that same year. Within the next three years, Daniel, who had taken on the moniker Tekashi 6ix9ine, produced a collection of albums and music videos that gained him a degree of recognition in the underground rap community. Following the release of “Dummy Boy” in 2018, Tekashi69 launched his second album, “TattleTales,” in 2020, which debuted at #4 on the U.S. “Billboard” 200 chart.

Success

In 2018, Tekashi69 unveiled his first mixtape, “Day69.” His initial single “Gummo” achieved impressive rankings, hitting #6 on the US Rap chart, #7 on the US R&B/Hip-Hop chart, and #12 on the “Billboard” Hot 100, earning a Gold certification. Additionally, 6IX9INE’s single “Kooda” received a Gold certification while reaching #29 on the US R&B/Hip-Hop chart and #50 on the “Billboard” Hot 100. The track “Keke,” featuring Fetty Wap and A Boogie wit da Hoodie, peaked at #20 on the US Rap chart, #22 on the US R&B/Hip-Hop chart, and #43 on the “Billboard” Hot 100.

Reported Record Deals

6IX9INE has frequently used social media to boast about various record and management contracts. In January 2018, he made a now-deleted Instagram post claiming he had secured a $7.5 million record deal. A month later, he asserted that he had signed a $15 million management contract with Birdman’s RICHGANG. Shortly after that, he said he had entered a $4.9 million endorsement deal with a headphone brand. However, multiple insiders from the record industry we consulted indicated that there is no evidence supporting the legitimacy of these claims.

$10 Million Deal

In October 2019, Tekashi solidified a confirmed record contract with 10K Projects. This agreement is said to be worth a minimum of $10 million and will entail the production of two upcoming albums, one in English and another in Spanish.

GlobalStreamNow Deal

In July 2020, Tekashi announced a $5 million agreement with the live-streaming service GlobalStreamNow, covering a virtual performance slated for September 5, 2020.

Legal issues

On several occasions, Tekashi69 has faced arrest. He entered a guilty plea in 2015 for a felony related to the involvement of a child in a sexual performance. As part of his sentence, he was given probation for three years and was exempted from registering as a sex offender, provided he did not share sexually explicit images online and completed his GED, which he ultimately did not achieve. In July 2018, he was apprehended due to an outstanding warrant for allegedly assaulting someone in a Houston mall.

In 2018, he was taken into custody on charges involving weapons, drugs, and racketeering. To evade a potential 47-year prison term, he opted to testify against members of the Nine Trey Bloods gang. His testimony spanned several days in September 2019, where he indicated that the gang permitted him to act as a member, given that he financially supported them. Furthermore, he stated that after the song “Gummo” was released, he started earning approximately $60,000 monthly from YouTube and performance fees.

By December 2019, he pleaded guilty as part of an agreement with the prosecuting authorities.

In light of his cooperation, the judge ultimately sentenced Tekashi to just 13 months of imprisonment, while those he testified against are facing potential life sentences.

On March 22, 2020, he sought early release due to the rampant COVID-19 pandemic within the prison system. The government did not oppose his release, which occurred on April 2nd, ahead of his scheduled release in August 2020.

Reports surfaced in March 2023 about Tekashi being attacked in a steam room at an LA Fitness gym located in Palm Beach County, Florida. Social media circulated footage of the assault, where he sustained various facial injuries; one suspect to date has pleaded not guilty.

Release

On May 8, 2020, Tekashi unveiled his new track “Gooba” along with a music video that rapidly broke records for the largest 24-hour debut for a hip-hop video on YouTube, accumulating 40 million views within that timeframe. This eclipsed Eminem’s previous record of 38 million views in one day for his song “Killshot” in 2018.

In just one week, “Gooba” surpassed 150 million views.

On the same day, May 8th, Tekashi69 conducted an Instagram live session, attracting over two million viewers at once, exceeding the previous record by more than 1.7 million.

Through a combination of YouTube ad income, Spotify royalties, and other revenue streams, Tekashi publicly stated that he earned $2 million from “Gooba” in less than a week and declared his plan to donate 10% of the profits to charity.

Personal Life

Dating Rachel “Jade” Watley began for Tekashi a few weeks prior to his incarceration at the end of 2018. He has a daughter with Sara Molina, born in October 2015, and another child, a daughter with Marlayna M., born in November 2018.

Fluent in Spanish, Tekashi has featured Spanish lyrics in four of his tracks: “Bebe,” “Mala,” “Yaya,” and “Bori.” He also contends with asthma.

Upon his release from prison, Tekashi moved into a modest residence in Lido Beach. Following his address being disclosed by a neighbor, he relocated, reportedly to an 8,500-square-foot home in Water Mill, New York, overlooking a tree farm. At the time, the property was for rent at $55,000.