42 Dugg Net Worth

42 Dugg Net Worth

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Net Worth: $11 million

Date of Birth: November 25th, 1995

What They Do: Rapper

42 Dugg is a 26-year-old rapper from Detroit, Michigan, whose legal name is Dion Marquise Hayes. He is estimated to have a net worth of around $11M, backed by many different revenue streams. Averaging 7,475,133 monthly listeners on Spotify, 42 Dugg earns $179,400 annually from the platform. 42 Dugg is also estimated to earn up to $500,000 annually from his Youtube Channel, which averages about 500k viewers daily.

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How 42 Dugg Makes Money – Their Career

How 42 Dugg Makes Money - Their Career

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42 Dugg reportedly spent his time in prison working on his rapping ability and songwriting and planned what he'd do after his release. For the last year of his incarceration, he hustled and wrote new music daily.

This practice and wealth of material meant that when he got out of jail, he had plenty to work with for his first release. He released his first single in 2018, Mama I’m Sorry, a heartfelt letter apologizing to his mother for his troubles in life so far. He spent all of 2018 releasing more singles and quickly gained traction in the Detroit rap scene.

A few of these singles went viral on Vine and amassed millions of plays, propelling 42 Dugg into the spotlight.

On March 11th, 2019, 42 Dugg had his most significant break yet. Lil Baby invited him to join 4 Pockets Full, the record label of superstar rapper Lil Baby.

From there, it was easy for him to get into Collective Music Group (CMG), Yo Gotti’s record album, lending him even greater notoriety. Since then, 42 Dugg has continued to release music, and his popularity has only increased with time.

In fact, after guesting on Lil Baby’s single Grace, it peaked at number 48 on the Billboard Hot 100.

Thanks to his willingness to work with others and his multiple opportunities to guest on projects, he’s been able to work on more projects than if he had stayed solo. His net worth reflects the wide variety of projects he’s been able to lend his voice.  

He also started doing concerts and mini-tours since joining 4PF. He has a distinct voice that many listeners have grown to love, whether it’s a feature on another rapper’s project or one of his own songs, making him recognizable.

42 Dugg’s Friendship with Lil Baby and Yo Gotti

42 Dugg has given constant praise to Lil Baby and Yo Gotti for their positive influence on his life since he left prison. He credits Lil Baby with essentially cosigning him and being his first believer. The rapper met Yo Gotti through Lil Baby, and he became close with the Memphis-born rapper. He has stated that the two have helped him stay focused on his career. 

42 Dugg’s Assets and Net Worth

42 Dugg’s Assets and Net Worth

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It’s important to remember that an individual's net worth is almost impossible to fully and accurately gauge unless they offer it themselves. Even then, when celebrities let their net worth be known, it’s tempting for them to under or oversell their net worth to seem impressive to others.

With that said, Assistant U.S Attorney Barbara Lanning recently revealed that “[42 Dugg]’s claimed more than $11 million worth of assets.”

Knowing that the court of law has more access to personal financial documents than the public, it’s safe to assume that this number is relatively correct.

What Is 42 Dugg’s Annual Income?

42 Dugg’s annual income is not shared publicly, but the Detroit-born rapper earns an estimated $700,000 annually from Spotify alone. Streaming numbers aren’t available for Apple Music, but 42 Dugg is estimated to receive about $75k annually from the platform.

The revenue generated from album sales and concert tickets is unknown. Still, the rapper will earn around $2M annually when concert revenue is doing well, and album sales are up.

Another way that 42 Dugg earns is through his music videos. Thanks to advertising and monetization on YouTube, and with close to 600k subscribers, 42 Dugg can make over $750,000 a year on his music videos, drawing in millions of views.

How Does 42 Dugg Spend Their Money?

How Does 42 Dugg Spend Their Money

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42 Dugg wasted no time in putting his money to good use. From vehicles to property to plenty of jewelry, he has shown that spending money can be even more fun than accumulating it.

Although the amounts are estimates or self-reported that 42 Dugg gave in interviews, it’s easy to see the wealth that 42 Dugg is accumulating by spending the money he earns making music.

He made several big purchases since the start of his career, including:

  • Luxury Go-Kart ($100k): 42 Dugg showed off a luxury go-kart during an Instagram story where he said, “Got a $100,000 go-kart.” The car features leather seats that are visible in the video, and the Go-Kart has a TV equipped on the dashboard.
  • Bentley Bentayga ($160k-$300k): 42 Dugg commonly references this vehicle during songs. Fans have seen the rapper driving the Bentley Bentayga multiple times over the past few years and on his Instagram.
  • Lamborghini Urus ($225-$400k): In June 2020, 42 Dugg bought a “lamb truck,” as it is called in popular rap songs. He purchased the car from fellow rapper Lil Baby’s car dealership. 42 Dugg chose a bright yellow paint job for his new Lamborghini.

42 Dugg seems to enjoy collecting cars, and his relatively small vehicle collection, which includes Bentley and Lamborghini, also features a Range Rover, Audi A7, and BMW 3-Series Convertible. The other vehicles in his collection are worth an estimated $500k-$700k.

Property is one of the ways that people quickly accumulate assets and grow their net worth.

Currently, 42 Dugg only owns one property, his residence in the U.S. He purchased the 3,000-square foot home for $1.2 million sometime in the last couple of years. 42 Dugg is a very private person for celebrity standards, so his assets are not entirely known or revealed.

Pictures of the home online show a 3-story building with a wine cellar basement, winding staircase, and multiple bedrooms and offices. The house looks even more expensive than the buying price would suggest and sits on an average amount of land.

42 Dugg is well known for his love of jewelry, owning a collection of chains, watches, and bracelets self-reportedly worth $2 million.

Pieces include multiple ‘42’ pendants in solid white gold with diamonds on heavy chains. According to an interview with GQ magazine, a heavy Scooby-doo pendant he purchased because his friends call him dog, alone was worth $20,000. This pendant is one of his cheaper pieces, and the chain it sits on costs even more.

As expensive as the jewelry is, he often wears over ten jewelry items at any given time, layering thinner and thicker gold chains and multiple pendants. 

He has multiple watches valued at approximately $50,000, such as the Presidential Rolex embedded with diamonds. He admits that many pieces, like his CMG pendant with a dog on top of the logo, were gifts from other rappers, but he has a valuable collection nonetheless.

Then there are the sneakers! Special edition and limited-release sneakers are quickly becoming expensive habits but also big-time assets for rappers.

42 Dugg was recently in a YouTube video for Cool Kicks, a sneaker chain. He’s a bit of a sneakerhead, possessing a collection worth close to $100,000 but has trouble finding sneakers in his size. He joked that he would open a sneaker store for little feet.

While cars and jewelry are traditional ways to spend a fortune, there is always charity. In 2021, 42 Dugg spent some of that money helping kids with incarcerated parents by giving away thanksgiving meals and offering shopping sprees.

How 42 Doug Got On This Path

How 42 Doug Got On This Path

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42 Dugg was born on November 25th, 1995, and raised on the Eastside of Detroit. He became involved with gangs at an early age. This is where the “42” from his stage name originates. All the members of the gang he was involved with had 42 before their names.

Early Life

42 Dugg was arrested for carjacking and felony firearm possession at 15. The judge sentenced him to 4 years in federal prison.

Starting as a 4-year sentence, 42 Dugg eventually served six years in prison before being released due to a violent fight with another inmate. He also spent two different 30-day periods in solitary confinement, where he said he could hardly eat due to his mental health and lost a severe amount of weight.

42 Dugg admits that his solitary confinement periods are what made him start rapping in the first place. He had a lot of time on his hands and had nothing to do except use his voice. He continued to hone his craft through the end of his prison sentence, and shortly after his release, it became clear that his practice paid off.

Highlights

  • 42 Dugg released his first single, Mama I’m Sorry.
  • He joined the record label Four Pockets Full in 2019.
  • 42 Dugg released his first mixtape, Young and Turnt, in 2019.
  • We Paid, which he guested on, reached the Top 10 of the Billboard Hot 100 in 2020.
  • 42 Dugg Released his album Free Dem Boys in 2021.
  • Billboard names him R&B/Hip-Hop Rookie of the Month in 2021.

Interesting Facts about 42 Dugg

  • 42 Dugg was sometimes in solitary confinement with his brother.
  • 42 Dugg claims that after leaving jail, he only weighed 100 pounds.
  • 42 Dugg that he loves collecting sneakers, though this is not as expensive of a collection as his jewelry and cars.
  • He attended a Christian school

42 Dugg’s Net Worth, Final Thoughts

Using all the numbers and figures reported above, 42 Dugg holds at least $3.7M in publicly known assets. Using the reported $11M figure from earlier, 42 Dugg’s publicly known assets make sense relative to an $11M net worth.

Between investments, cash, bank accounts, and practically everything else, 42 Dugg's expected net worth are higher than the value of his known assets.

Given 42 Dugg’s recent success, there is no doubt that his net worth will continue to grow.

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