Lil Durk Net Worth is $10 Million
Lil Durk, born Durk Derrick Banks, has come a long way from Chicago, Illinois, where it all began. Bursting onto the scene in the 2010s, he’s been steadily improving his wealth, thanks to being a sick rapper, record label founder, and entrepreneur. Because of his hustle, he now boasts an estimated worth of $10 million.
Durk not only founded the Only the Family (OTF) record label, he has built an empire, thanks to his talent and determination in both the music and business worlds. In this article, we break down Lil Durk’s net worth, how he attained such success, and the swanky life he’s living now.
Name | Durk Derrick Banks |
Profession | Rapper, Songwriter, Entrepreneur |
Net Worth | $10 Million |
Birthday | October 19, 1992 (Libra) |
Nationality | American |
Height | 5’9″ (170 cm) |
Relationship Status | Engaged |
Early Career and Initial Breakthrough:
How Lil Durk Kicked Off His Epic Rap Journey
Lil Durk took the drill music scene in Chicago by storm in the 2010s. His debut mixtape, I’m a Hitta, dropped on August 26, 2011, and was a sign of Durk’s immense potential. Building on this achievement, Durk released his second mixtape, I’m Still a Hitta, on April 3, 2012. Life Ain’t No Joke, his third mixtape, was released on November 5, 2012.
As a drill artist, Durk had his fair share of struggle. Legal problems abounded, with accusations of violence leading to the cancellation of a number of shows and almost putting a stop to his career before it ever really got started. Nevertheless, Durk persevered and stayed on track.
What’s more, Durk’s efforts don’t stop with the music—he also founded his own record label and rap crew, Only the Family (OTF). He’s been instrumental in developing the careers of artists such as the late OTF Nunu and the late King Von. Overcoming the obstacles in his early career and slaying the game with his raw talent, Lil Durk’s fierce passion for the rap scene has earned him a top spot in the drill music world.
Gettin’ That Bread: Lil Durk’s Primary Source Of Income
Lil Durk has been a big player in the drill music scene, both as an artist and as the mastermind behind the Only the Family (OTF) record label. His success is undisputable, and while we don’t have the full breakdown of his earnings, his main gig, his achievements, and collabs with industry hotshots definitely contributed to that $8 million net worth.
Throughout his career, he’s consistently released music, whether as mixtapes or albums, and raked in cash as they reach the masses. Names like Dej Loaf, Meek Mill, and 21 Savage have joined Durk, the results of which have netted him six platinum singles. Need more proof of his breadwinning talent? Check out what Forbes has to say about him!
Lil Durk isn’t just big in the states; he enjoys global appeal. His tunes have topped charts globally, giving him international credibility and contributed to the size of his bank accounts, as have his streaming numbers and staggering live shows.
Lil Durk’s Been Hustlin’: Income Outside Of Music
Lil Durk’s been quietly amassing wealth beyond his music career, too, making some shrewd moves in the business world. He founded OTF Gaming in 2010, and owns a trucking company called Asking About Trucking and A&B Real Estate Management. The diversity of his portfolio could be one factor that has contributed to his earnings.
Lil Durk owns a Trucking Co. #business #rapper pic.twitter.com/IiRcRIMAzj
— John Muhammad (@MuhammadJohn) January 5, 2021
In 2022, Lil Durk stepped into the world of digital wearables and co-founded NXTG3NZ with Satoshi Designs and Nexus. The company aims to revolutionize the game for footwear in the Metaverse, and Durk is stoked to be a “powerhouse voice in the metaverse and NFT community.”
Dazzling Digs and Dope Deeds: Durk’s Notable Possessions
With a cool $8 million net worth, how does Durk spend his fortune (when he’s not giving back to the community, that is)? The artist owns a luxury estate in Chateau Elan. Within this 3,500-acre gated community located just north of Atlanta, Georgia, are 2,000 custom-built homes ranging in price from $400,000 to $3 million. It’s also got three golf courses, a winery, sports club, spa, and even delicious eateries.
Lil Durk also knows how to give back. He started the Durk Banks Endowment Fund with Amazon Music in 2023, helping Howard University students with scholarships and donating $250,000 to the GRACE Grant, their financial aid program. Plus, back in 2020, he kicked off the Neighborhood Heroes Foundation, which supports hard-working people trying to make a difference in their communities.
As if all that weren’t enough, Lil Durk’s also conceiving new ways to handle his music royalties. He’s joined forces with Exceed Talent Capital to let everyone get a piece of the action by investing in music rights. Some royalties from his upcoming track “Bedtime” will even go to the Neighborhood Heroes Foundation, so fans stand to benefit from his generosity.
Behind The Scenes: Durk’s Personal Life
Durk’s personal life has been a mix of highs and lows. His dad Dontay Banks, Sr. got locked up when Durk was just a baby. The situation forced Durk to step it up at home and has undoubtedly shaped him into the man he is today.
He has a little brother named Dontay Banks, Jr., whom mostly people know as DThang. Heartbreakingly, DThang was shot outside a nightclub in June 2021 in Chicago. Durk has also lost his cousin, manager, and a close friend to violence, so he is no stranger to tragedy.
Still, Durk is a fighter – and a family man. He has six kids: Angelo and Bella (with his ex-wife, Nicole Covone), Zayden, Du’mier, and Skyler (with unidentified women), and Willow (with his fiancée, India Royale). His love life milestones include marrying Nicole in 2008, having their kids (Angelo in 2011 and Bella in 2013), and then parting ways. Durk met India Royale in 2017, got engaged in 2018, and welcomed Willow later that year. They have had several breakups since.
Bouncing Back: Major Events, Legal Drama & Journey Through Chaos
Lil Durk has had some “turbulent” moments in his life. In 2011, he got busted on a weapons charge and spent three months behind bars. He even scored an extra 87 days on a return trip after getting out on bond. Then, on June 5, 2013, Durk allegedly tossed a loaded .40 caliber in his car when confronted by Chicago-area cops. That cost him a cool $100,000 bond and another stint in jail before he got out on July 18.
In June 2019, Lil Durk and King Von were charged with attempted murder. Prosecutors accused them of robbing and shooting at a man outside a popular Atlanta restaurant in February 2019. Even though they were held on $250,000 and $300,000 bonds, they both walked free. By October 2022, the charged were dismissed.
Durk’s music life has had its share of drama, too. In 2012, he found himself caught up in the middle of Chief Keef’s beef with Gangster Disciple, Joseph “Lil Jojo” Coleman. Diss tracks from both sides were released, and tensions getting beyond heated. Tragically, Lil Jojo’s life was cut short on September 4, 2012.