Chancelor Johnathan Bennett, born April 16, 1993, known as Chance the Rapper, is an American rapper, singer-songwriter, and record producer from Chicago. He released his debut mixtape, 10 Day, in 2012 during a college suspension.
His second mixtape, Acid Rap (2013), gained him mainstream recognition, followed by the critically acclaimed Coloring Book (2016), which peaked at number eight on the Billboard 200 and won a Grammy for Best Rap Album. His debut studio album, The Big Day (2019), peaked at number two. He is also part of the collective Savemoney and the band the Social Experiment.
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Chance the Rapper Net Worth
Chance the Rapper has a net worth of $25 million. At the height of his career, he ranked among the highest-paid rappers globally, earning $32 million from various ventures between September 2016 and September 2018.
During that period, he made over $22 million from recording, touring, endorsements, and other income sources, totaling $54 million across those two years alone.
Early life
Chance Bennett was born in Chicago, where his father, Ken Williams-Bennett, served as an aide to former Mayor Harold Washington and Senator Barack Obama. His mother, Lisa Bennett, worked for the Illinois Attorney General.
Growing up in West Chatham, Chance met Obama as a youth, discussing his rap aspirations. His interest in music was sparked by Michael Jackson and later by Kanye West, whose song “Through the Wire” inspired him to start rapping. He formed the hip-hop duo Instrumentality in high school and began performing at the YOUmedia Lyricist Loft.
Career
Chance the Rapper is celebrated as one of the most successful unsigned musical artists. He started recording his first mixtape in 2011, releasing “10 Day” in 2012, which gained local recognition. His 2013 mixtape, “Acid Rap,” peaked at #26 on the “Billboard” Heatseekers chart.
In 2016, he released “Coloring Book,” the first mixtape to chart solely on streams, debuting at #8 on “Billboard.” He won three Grammys in 2017 and released his debut studio album, “The Big Day,” in 2019, debuting at #2 on the charts.
Personal Life
Chance the Rapper resides in Chicago and is a practicing Christian, often referencing Jesus in his songs. He briefly lived in North Hollywood, sharing a house with fellow musician James Blake, but found the city “ungodly.” Although he experimented with recreational drugs during his formative years, he has since quit and no longer smokes or drinks alcohol.
Chance began dating Kirsten Corley in 2013, and they have two children, Kensi (b. 2016) and Marli (b. 2019). They briefly broke up in 2016 but reconciled and married on March 9, 2019. The couple announced their separation in April 2024.
What does Chance the Rapper do now?
Chance the Rapper is currently in a period of exploration and growth. After experiencing a decade filled with both highs and lows, he is now studying fine arts, experimenting with new sounds, and investing in film equipment as he embarks on new creative endeavors.
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Conclusion
Chance the Rapper’s journey from a Chicago high school rapper to a celebrated, wealthy artist is a modern tale of talent, hard work, and strategic independence. His achievements extend beyond music into philanthropy, business, and social activism, making his net worth a mere aspect of his extensive portfolio.
FAQs about Chance the Rapper Net Worth
- How did Chance the Rapper make his money?
- Through his music career, touring, streaming, merchandise sales, endorsements, and business ventures like Chicagoist.
- Why hasn’t Chance the Rapper signed with a record label?
- He prefers independent control over his music and earnings.
- How does Chance the Rapper use his wealth for social causes?
- He donates to charities, invests in Chicago’s youth and public schools, and raises awareness on issues like gun violence.
- What is Chance the Rapper’s most successful album?
- “Coloring Book” is his most acclaimed work, earning him multiple Grammy Awards.
- Does Chance the Rapper own any other companies?
- Beyond Chicagoist, specific details on other companies he owns are not publicly known.
