The net worth of Post Malone is estimated to be $50 million as of March 2024.
Rapper, singer, and songwriter Austin Richard Post, better known by his stage name Post Malone, hails from the United States. Hip hop, pop, R&B, and trap are just a few of the genres and subgenres that Malone, who is renowned for his diverse vocals, has been praised for fusing.
He created his stage name by entering his birth name into a rap name generator. Malone, one of the best-selling musicians with more than 80 million albums sold, has won 10 Billboard Music Awards, three American Music Awards, one MTV Video Music Award, and been nominated for nine Grammy Awards.
Malone owns several records on the Billboard charts: “Circles” set the record for the longest solo artist ascent to number one on the Adult Contemporary chart (41 weeks), and he is the first solo artist to top the Rap Airplay and Adult Contemporary charts.
Who is Post Malone?
Austin Richard Post, better known as Post Malone, is an American artist renowned for blending hip-hop, pop, and R&B. The acclaimed rapper debuted with his hit single “White Iverson” in 2015, which launched his career. Since then, his albums broke numerous streaming records and has topped many charts. He has sold over 80 million albums and received numerous awards, including ten Billboard Music Awards and nine Grammy nominations. Malone holds numerous Billboard chart records and is the artist with the most diamond-certified songs, with eight as of 2024.
Real Name | Austin Richard Post |
Alias | Post Malone |
Net worth | Estimated $50 million |
DOB(Age) | July 4, 1995 (27 years old) |
Height | 6 feet 2 inches |
Weight | 76kg |
Gender | Man |
Nationality | American |
Marital Status | Engaged |
Partner/Spouse | Jamie |
Zodiac Sign | Cancer |
Profession | Rapper, Singer, Songwriter |
What is Post Malone's Net Worth in 2024?
Post Malone’s estimated net worth is $45 million as of April 2023. The 2020 earnings of Post Malone reached $60 million, according to Forbes. He is entitled to the majority of his royalties because he writes all of the songs.
According to Forbes, the rapper receives about $500,000 for each live performance. He owns a music festival called Posty Fest, which debuted in 2018. Post Malone earns about 2.2 million dollars a year from his music, or about 6,000 dollars per day on average.
In his most recent album, “Hollywood Is Bleeding,” Post Malone gave us a glimpse into how he feels about having money because, according to The Rolling Stone, it's all about “how celebrity jealousy is the root of all evil, and money is the only salve,” and that the album as a whole, “Post can’t seem to decide whether his money and fame are insulation from the pain or its root cause.”
How did Post Malone make his money?
Post Malone is among the highest-paid rappers in the world. The majority of his income came from touring and music streaming. His tour brought in $1.3 million per city in 2019 and 2020.
Additionally, he has made millions of dollars from endorsement deals with brands like Bud Light Seltzer, which featured a well-known Super Bowl commercial. Maison No. 9 is a brand of rosé that Post introduced in June 2020, though his income from the brand is not known.
Sources of Income
Music Streaming
With over 6.5 billion Spotify streams worldwide in 2019, Post Malone was the most-streamed artist. Songs from “Hollywood is Bleeding,” his third studio album, have received 100 million streams on the online music service. In less than a year, Post Malone earned about $28 million because of his 6.5 million streams, according to Rolling Stone.
With the help of 21 Savage, he broke Apple Music's record for the most streams in one week in 2017 with the song “Rockstar.” The song broke the previous record holder, "I'm the One” by DJ Khaled, with over 25 million streams. Post Malone's debut album, “Stoney,” had over 1 billion streams and four platinum records prior to breaking Apple Music's record.
He had the biggest sales week of 2018 so far and the most streams ever in a single week when his second studio album, “Beerbongs and Bentleys,” was released in 2018. His album received about 431 million plays on streaming services, sold 461,000 copies, and 153,000 in traditional formats. Additionally, he has worked with well-known musicians like Kayne West and Justin Bieber, which has increased his notoriety and popularity.
Not only that, but eight of the top ten most streamed songs were from Post Malone's “Beerbongs and Bentleys” album, which earned him his first Grammy nomination. With 40 million streams on its own, his debut album even entered the top 10 on the streaming charts. He received nominations for album of the year, song of the year, and record of the year in 2020 for “Hollywood Is Bleeding” and its song “Circles.”
Endorsements
Bud Light and Post Malone had a well-known partnership in 2018. A year later, Bud Light and the musician collaborated once more on a clothing line that featured a jacket, t-shirts, jeans, hoodies, and sweatpants. “Hollywood Is Bleeding,” Post Malone's most recent album, was referenced in the clothing's lyrics.
In 2018, Malone collaborated with True Religion Brand Jeans to host a contest. The apparel business was giving away passes to the Dallas Posty Fest, which was completely sold out. Malone collaborated with Kingston Technology Company's gaming division, HyperX, in 2021 and spent a night playing video games with followers on the company's Twitch channel.
Expenditure
Hollywood Hills is a popular place for celebrities to reside. Malone's plan for his rock star getaway was different. Malone purchased a $3 million home outside of Salt Lake City, Utah, in 2018, according to TMZ. The Hollywood Reporter claims that the rapper spent more than $40,000 on Postmates (a food delivery service) in 2018 alone.
Car Collection
The Bugatti Chiron, McLaren Senna XP, Lamborghini Aventador LP750-4 SV, Rolls-Royce Phantom, Ford GT, Rolls-Royce Cullinan Black Badge, Hennessey VelociRaptor 6×6, Rolls-Royce Wraith, McLaren 720S, and Lamborghini Urus are among the automobiles that Post Malone owns.
Jewelry
Malone's father worked as a concessions' manager for the Dallas Cowboys, so one of the more absurd things he bought with his money was a 50,000 dollar custom Dallas Cowboys chain from Angel City Jewelers in Los Angeles, which he bought in December 2020.
Philanthropy
He may spend money on his family and other things, but he has also contributed to and raised funds for several causes in the past. He held his own Nirvana Tribute concert live stream in April 2020 and performed Nirvana song covers to raise money for the Covid-19 Solidarity Response Fund for the World Health Organization, which brought in over $500,000.
After asking his followers on social media where he should donate money in April 2020, Post Malone gave money to various causes, including coronavirus relief, education, homelessness, hunger, mental health, veterans' causes, and more.
Real Estate Assets
Malone currently resides in Los Angeles, California, but he also keeps a $3 million, 13,000 square foot house in northern Utah. On September 1, 2018, a robbery occurred at his former residence in California's San Fernando Valley.