Post Malone is an American singer, songwriter, and rapper. He is best known for making music that combines elements of various genres ranging from hip-hop to country.
Post Malone entered the music industry thanks to his song White Iverson, and as of 2022, he has an estimated net worth of $45 million. A large share of his wealth comes from his music albums and concerts.
|Source of Wealth
|Austin Richard Post
|Professional Rapper, Singer, and Songwriter
|Tarrant County College
|Date of Birth
|July 4, 1995
|American and Italian
|Unmarried (Dating MLMA)
How Did Post Malone Acquire His Wealth?
Post Malone may not have been born rich, but he was still determined to make it big in the world. Fortunately for him, this desire came true and he is able to make millions today.
His album Stoney debut at #5 on the Billboard 200 and moved nearly 60K album equivalents in its first week alone. In the second week, the sales dropped to 30K units which was still quite a large number.
His success didn’t stop there as his second album titled Hollywood’s Bleeding got him sales equivalents of 3 million album units. It also made a stunning 357K sales of his other albums soon after.
In 2019, he delivered another collection titled Beerbongs and Bentleys which sold over 3.2 million album units in the units of which 374K were pure sales. Aside from this, he also has 28.2 million adherents on Spotify.
Moreover, his single Sunflower was hit throughout the industry and was able to be featured in the animated movie Spiderman: Into the Spiderverse.
Moreover, he also makes an estimated $500K per concert, and right before the pandemic, he was making close to $1.3 million per city during his tour. In a collective calculation, his earnings from all of these sources in 2019-2020 alone were $60 million.
How Much Does Post Malone Make in a Concert?
In 2018 alone, Post was making an estimated average of $500K per concert, and Forbes stated that he was making close to $1.3 million per city right before the pandemic started.
How Does Post Malone Spend His Money?
Post Malone breaks away from the lavish Hollywood stereotype and instead lives his life like a Rockstar. In early 2018, Post purchased a $3 million house near Salt Lake City, Utah. The house has five bedrooms, six bathrooms, a basketball court, a wine cellar, a home gym, hot tub, and a fire pit.
Moreover, he spoke on an H3 podcast about how he wants to upgrade his home by adding a recording studio and an underground bunker. While the expense for it is not known, it is likely to be in the five or six-figure range.
Post also has an impressive car collection which he loves to drive. He owns a $3 million Bugatti Chiron which he bought recently in 2019. In addition, he also has a Rolls Royce Phantom, F-150 Raptor Baja Racer, a Subaru WRX, and a Chevy C10 Pickup Truck.
Post is also a big fan of food delivery. In 2018 alone, he spent over $40K while ordering food from Postmates food delivery service. Out of this, $8K was spent in a single day when Post ordered 10,000 Popeye’s biscuits to a party in Coachella. A few days after, Post also combined
At heart, Malone is a pretty charitable guy and a fine example of this can be seen when during the pandemic he declared that he will finance his fans’ charity for up to $1 million. He asked his fans about which charities would need help and agreed to donate to them.
Moreover, Post also did a Nirvana tribute livestream which was able to help him raise over $4 million for the UN Foundation’s Covid-19 Solidarity Response Fund for the WHO. He also recently gave away $50K to his friends just for the love of it.
Post Malone‘s Early Life
Post Malone was born Austin Richard Post on July 4, 1995 in Syracuse, New York City. He was raised by his father and stepmother and while he was very young, they moved to Grapevine, Texas since his father got appointed as the manager of the Dallas Cowboys.
Being a DJ in his youth, his father introduced young Austin to a variety of music genres and helped him refine his music taste. Soon after, Post began to learn to play the guitar and ended up joining a heavy metal band. When he was 14 or 15, he chose the name Post Malone by combining his last name Post with a name he got from an online rap name generator – Malone.
When he was 16, he created his first mixtape titled ‘Young and After them Riches”. After his graduation, Post enrolled in the Tarrant County college in Texas, but dropped out and moved to Los Angeles with his friend Jason Probst.
Here he, Probst and a few other artists created the group BLCKVRD and made music together. Here, Post met Rex Kudo who produced a lot of his tracks. Soon after in 2015, Post uploaded White Iverson to his SoundCloud account and released the music video for it the same year in July.
When White Iverson started getting praised by established artists like Wiz Khalifa, it hit over a million views. Soon after, Post started attracting attention from various record labels and signed a deal with Republic Records in 2015.
He made another mixtape titled August 26 and it was soon followed by his first studio album titled Stoney in December 2016. Since then, Post has been making and breaking billboard records including Michael Jackson’s record which was established for 34 years.
Post’s Career Highlights
- Created first mixtape in 2010
- Released White Iverson and its music video in 2015
- Signed a deal with Republic Records in 2015
- Released first studio album Stoney in 2016
- Released Beerbongs and Bentleys in 2017
- Released Sunflower in 2018
- Released Psycho in 2018
- Released Take What You Want in 2019
Does Bud Light pay Post Malone?
Yes, Bud Light does pay Post Malone according to Forbes, but the exact earnings remain undisclosed for now.
How Much did Post Malone Get Paid for Doritos?
Post Malone’s recent ad deal with Doritos was worth $2 million and he reportedly gave away $50K of that to his friends.
Post Malone is an extremely talented artist who has achieved a ton of success at such a young age. He is daring in the way he makes his music and has also proceeded to blend genres in a way that fans of individual genres can enjoy his music. He has also earned a great fortune in the process which stands at $45 million after counting all his assets and income sources.