How Young M.A. Achieved a Net Worth of $2 Million
Back in 2016, Young M.A. released "Ooouuu", the quadruple-platinum hit single that took the rapper to the top 20 of the Billboard Hot 100 for the first time, generated over 300 million views on YouTube and propelled the then 24-year-old Young M.A. into the big time.
Since then, she's been featured on the Forbes 30 Under 30, won multiple awards, performed alongside artists such as Alicia Keys, Young Thug, and Eminem, and starred in numerous ad campaigns.
Somewhere along with the line, she's also managed to earn a massive net worth that's made all the more impressive by the fact she's still only 30 years old. Here's everything you need to know about Young M.A.'s net worth, and how she made it.
How Much is Young M.A. Worth?
As a disclaimer, we haven't rifled through Young M.A.'s bank statements or searched through her tax filings. What we have done, on the other hand, is snoop on her details with Celebrity Net Worth, which tends to have a pretty good record when it comes to getting the lo-down on celeb's bank balances. According to their latest estimates, Young M.A. is currently worth a very envy-inducing $2 million.
The Making of a Millionaire
Young M.A. was born Katorah Marrero on April 3, 1992, in Brooklyn, New York. When she was seven, the family moved to Chesterfield, Virginia after her mother decided it would provide a better standard of education; three years later, Young M.A. began writing rhymes in her schoolbooks.
After her mother bought her a karaoke machine, she began performing in a makeshift studio she set up in her closet. By the time she graduated from school, she was committed to pursuing a career in music, something she took her first major step toward when she set up a recording studio with a few record producers using the money she earned from her job at Shake Shack.
In 2014, her career took a turn in the right direction when a YouTube video of performing a freestyle version of Nicki Minaj and G Herbo's "ChiRaq" attracted the attention of the author and pundit Boyce Watkins. Watkins tore into the song, querying why "whatever adult who signed her is encouraging her to send violent, negative, genocidal energy into the community that may get her killed and is killing her own people.”
He did, however, concede that her "vocals are nice and the beat is amazing.” Fortunately for Young M.A, the criticism bought a wave of fresh attention to her door: the song went viral and within the year, she'd scored another major YouTube ht in the form of "Body Bag" and generated a huge amount of praise for her mixtape, "Sleep Walkin'," an album MTV described as a "thoughtful debut project."
Hitting the Big Time
By 2016, Young M.A. had made a name for herself on YouTube but was still barely known in the mainstream. In 2016, that changed with the release of "Ooouuu."
After buying the beat online from a company called NYbangers.com, she added a punchy title phrase she'd been working on for a few years, some taunting drops, jeering rhymes, and tough vocals. In May, she added the song to SoundCloud.
Within two months, it had been picked up by a rap radio station in New York, and by the end of the year, it had earned Young M.A. her first top 20 hit in the US, been remixed by numerous artists, including French Montana, Remy Ma, Meek Mill, Beanie Sigel, Jadakiss, Nicki Minaj, and The Game, and been named as one of the songs of the year by both Rolling Stone and Pitchfork. It's since been certified quadruple platinum.
Continued Success
Since "Ooouuu" turned Young M.A. into a superstar in 2016, she's continued to stay in the spotlight with hits like the 2019 platinum-selling "Big" and the Eminem collaboration "Unaccommodating."
She's also appeared regularly on TV, making guest appearances on shows such as Mr Robot, Martha & Snoop's Potluck Dinner Party, Viceland's The Therapist, Snoop Dogg's GGN, Wild 'n Out, Safeword, Total Request Live, and Lip Service.
On top of all that, she's carved out a name for herself as a philanthropist, serving as the founder of the New York-based non-profit, KWEENZ Foundation, which serves to help East New York residents "overcome the grief and trauma that comes with the loss of a loved one." The cause is particularly close to Young M.A.'s heart, as she lost her brother in 2009 after he was stabbed to death by a former friend.
Getting Rich
Amassing a multi-million dollar fortune by the age of 30 takes some doing, so how exactly did Young M.A.get so filthy rich? According to wealthypeeps.com, the bulk of her income comes from album sales, tours, and endorsement deals, the combined proceeds from which add up to a very impressive annual salary of $700,000.
With each concert performance adding around $40,000 to her fortune, and each private show adding between $25,000 to $40,000, it's not hard to see how she made her millions.
Spending Habits
So, we've got a pretty good idea of how Young M.A. makes her dough. But how does she spend it? For a start, on property. The rapper currently owns a mansion in Phillipsburg, New Jersey, along with an apartment in Brooklyn, New York, and another property in L.A.
She also maintains a very nice fleet of cars, including a white Audi A7 she bought in 2017 for $70,000, and a 2018 Dodge Challenger SRT Demon which commands an asking price of $85,000. Rounding out the collection is a $140,000 black Audi R8 and a $109,800 Mercedes-Benz S-Class.
In the past, she's laid down some serious cash on jewelry, splashing out $140,00 on a diamond chain for her 27th birthday. She seems to have weaned herself off the habit now though, declaring in 2020 that she'd be putting her money towards business investments rather than bling in the future.
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Written by Allen Lee
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