Lil Durk Net Worth (Money & Salary)

What Is Lil Durk’s Net Worth?

An American rap artist, Lil Durk boasts a net worth of $8 million. He is the founder of the record label Only the Family, also known as OTF. Durk gained fame after the release of his mixtape series, “Signed to the Streets,” in 2013, which led to a record deal with Def Jam. In 2018, he departed from the label and later signed with Alamo Records. Additionally, Lil Durk has collaborated with prominent artists like Drake and Kanye West.

Early Life

Born Durk D. Banks on October 19, 1992, in Chicago, Illinois, Lil Durk grew up in the challenging neighborhood of Englewood on Chicago’s South Side. His father was incarcerated when Durk was only seven months old. He recalls instances during his childhood when food was scarce at home.

At a young age, Durk experienced his first breakthrough through social media platforms such as MySpace and YouTube. Becoming a father for the first time at 17, he dropped out of Paul Robeson High School to join the Black Disciples, a street gang in Chicago. This choice led to numerous legal issues, including multiple gun charges, to which he pled guilty for aggravated unauthorized use of a weapon.

Career

Diving into his music career, Lil Durk released his first mixtape in 2011, but shortly after, he was incarcerated on weapons charges. Following his release a few months later, he refocused on his rap pursuits, coming out with his second mixtape, “I’m Still a Hitta,” in 2012. The track “Sneak Dissin’” started to gain traction, leading him to guest perform on tracks by other artists, including Lil Reese, Fredo Santana, King Louie, and Chief Keef. He released yet another mixtape that same year.

Gaining broader recognition in 2013, he released the mixtape “Signed to the Streets” and featured on tracks by artists like Jim Jonez, Trae da Truth, and Chinx Drugz, among others. The following year, “Rolling Stone” named “Signed to the Streets” the 8th Best Mixtape of the Year. Although he was incarcerated again in early 2013, he was released by mid-summer and subsequently signed with Def Jam Records. His debut studio album, “Remember My Name,” was released in 2015, reaching #2 on the US Rap and US R&B/Hip-Hop charts, and #14 on the “Billboard” 200 chart.

His second studio album, “Lil Durk 2x,” was launched in 2016, achieving #4 on the US Rap chart, #5 on the US R&B/Hip-Hop chart, and #29 on the “Billboard” 200 chart. Among his notable singles, “My Beyonce” featuring Dej Loaf reached #21 on the US Rap chart. Lil Durk has collaborated with many other well-known artists, such as Meek Mill, French Montana, Travi$ Scott, will.i.am, Young Thug, Boosie Badazz, RiFF RaFF, and more.

In April 2020, Durk achieved his first entry on the “Billboard” Hot 100 when he released “Viral Moment” from his fifth studio album “Just Cause Ya’ll Waited 2.” He found further commercial success with singles like “3 Headed Goat” featuring Polo G and Lil Baby, along with “Backdoor” and “The Voice.” His joint album with Lil Baby, “The Voice of the Heroes,” dropped in 2021 and marked his first major release.

Debuting at the top of the “Billboard” 200 charts was a significant milestone for Lil Durk. In August 2021, he made a guest appearance on Kanye West’s tenth studio album titled “Donda.” His album “7220,” released in 2022, marked his second successive #1 album. Lil Durk has received four Grammy nominations, winning the award for Best Melodic Rap Performance with “All My Life” (featuring J. Cole) from his 2023 album “Almost Healed.”

Personal Life

A practicing Muslim, Lil Durk’s father, Dontay Banks Sr., was sentenced to two life terms without the possibility of parole, with details surrounding the case remaining undisclosed. Durk is a father to six children, each born to a different mother. His children’s names are Angelo, Bella, Zayden, Du’mier, Skylar, and Willow.

In 2021, Lil Durk got engaged to Instagram model India Royale.

Tragedies

Tragedy struck when Durk’s cousin, rapper McArthur “OFT Nunu” Swindle, was murdered. In March 2015, Durk’s friend and manager, Uchenna OTF Chino Dolla Agina, also fell victim to gun violence. On November 6, 2020, in Atlanta, Lil Durk lost his close friend King Von to murder. Tragically, his brother, Dontay “DThang” Banks Jr., was killed at a nightclub in Chicago on June 6, 2021. A home invasion occurred in July 2021, where Durk and his fiancé exchanged gunfire with intruders, but fortunately, no injuries were reported.

Legal Drama

Since a weapon charge in 2011, Lil Durk has faced ongoing legal issues. Following his release on bond, he served an additional 87 days in jail. On June 5, 2013, he was arrested in Chicago when police approached him and he allegedly threw a loaded handgun into his vehicle. Held with a bond set at $100,000, his lawyer claimed to have nine affidavits from witnesses affirming Durk’s innocence, with one confirming ownership of the firearm. Durk was released in July 2013.

Hours before a performance scheduled for September 2015 at the Theatre of Living Arts in Philadelphia, a shootout left one man dead and damaged Lil Durk’s tour bus. Reports indicated that he was uninvolved and did not face any arrests or questioning. In August 2016, after being arrested on felony gun charges, the judge dismissed these charges and cleared Durk.

In June 2019, both Durk and King Von were arrested on attempted murder charges stemming from an alleged robbery and shooting outside an Atlanta drive-in. Prosecutors claimed the pair robbed the victim of a Jeep Cherokee and $30,000. After several weeks in jail, both were released on bail amounts of $250,000 and $300,000, with charges eventually dismissed in October 2022.