Megan Thee Stallion is a very successful rapper with an estimated net worth of around $30 million. She gained popularity with her freestyle rap videos on social media. In March 2021, she won three Grammy awards: Best New Artist, Best Rap Song, and Best Rap Performance.
Her rise to fame began with her 2019 mixtape “Fever,” followed by the 2020 EP “Suga,” and her first album “Good News,” all of which charted on the Billboard 200. She caught everyone’s attention with her song “Hot Girl Summer.” Along with her popular songs “Savage” and “Body,” she also featured on the hit song “WAP” with Cardi B.
Endorsements
In 2020, Megan Thee Stallion became a global brand ambassador for Revlon, a big cosmetics brand. In February 2022, she appeared in a Cheetos commercial during the Super Bowl and earned $2 million for it. She also signed a $1 million deal with Popeyes, which included getting a Popeyes franchise as part of the deal.
In 2022, Megan signed a $3 million contract with Time Inc. to make a documentary about her life. She also got an exclusive first-look deal with Netflix to create and produce new TV series and projects.
She has worked with other brands in advertisements, such as True Religion jeans, Amazon Prime Day, and Planet Fitness.
Shooting Incident
In July 2020, Megan Thee Stallion revealed that rapper Tory Lanez shot her several times, and she had to undergo surgery to have the bullets removed. Although Lanez denied the claims, it was later discovered that he tried to pay her to keep quiet about what happened.
Because of this, LA County prosecutors charged him, and he was given a protective order requiring him to stay at least 100 yards away from Megan. By December 2021, Tory was convicted, and he could face a prison sentence of up to 22 years.
Megan Thee Stallion (Credits: Getty Images)1501 Lawsuit
In 2018, Megan made history as the first female rapper to join Houston’s 1501 Certified Entertainment, a label started by baseball player Carl Crawford. She received a $50,000 advance from the deal. A few years later, after becoming very famous, Megan found herself in a legal fight with 1501 over her royalties.
The lawsuit, which had some details leaked online, said that under her contract, 1501 was entitled to 50% of her publishing revenue, 60% of her royalties, and 30% of all the money she earned from touring and sponsorships. In reply, 1501 said they were owed $10 million in profit-sharing income. Megan was supported by Jay-Z’s Roc Nation, which she joined in 2019. Fortunately, they reached a friendly settlement in October 2023.
Warner Music Group 2024 Masters Ownership
In February 2024, Megan made a deal with Warner Music Group, which allows her to stay independent while using their services for distribution, radio promotion, and marketing. She also got full ownership of her masters and publishing. Megan will be releasing all her new music independently under her label, Hot Girl Productions.
Early Life
Megan Thee Stallion, born Megan Jovon Ruth Pete on February 15, 1995, in San Antonio, Texas, moved to Houston soon after her birth. She was raised in the South Park area by her rapper mom, Holly. When Megan turned 14, they moved to Pearland, where she began writing her own raps and attended Pearland High School. Later, she went to Prairie View A&M University.
While in college, she started posting videos of her freestyle raps on social media, especially Instagram. One of her videos went viral, and she quickly gained a large following. During this time, she took the stage name Megan Thee Stallion, a nickname she got in her teenage years because of her height and curvy figure.
Megan Thee Stallion (Credits: Getty Images)First Music Releases
Megan Thee Stallion released her first single, “Like a Stallion,” in April 2016. The next year, she started her professional music career with the EP “Make it Hot,” which included the popular song “Last Week in HTx.”
In early 2018, she made headlines by signing with the Houston-based label 1501 Certified Entertainment, becoming their first female rapper. After an impressive performance at SXSW in March, she released a ten-track EP called “Tina Snow.” Later that November, she signed with another label, 300 Entertainment.
By April 2019, Megan made her debut on the Billboard Hot 100 with “Is it Love This Time,” which reached number 65. She kept gaining success with her mixtape “Fever” and the hit song “Hot Girl Summer,” featuring Nicki Minaj and Ty Dolla Sign. “Hot Girl Summer” made it to number 11 on the Billboard Hot 100, becoming Megan’s first song to reach the top 20.
Suga, Good News & Traumazine
In early 2020, after releasing her song “Diamonds,” Megan Thee Stallion released her EP “Suga,” which had the main song “B.I.T.C.H.” Another track, “Savage,” became really popular on TikTok because of a dance, and it gained even more attention when Beyoncé joined for a remix. “Savage” ended up reaching number one on the Billboard 100 and helped “Suga” sell more copies.
That summer, Megan had even more hits with “Girls in the Hood” and “WAP,” with “WAP” becoming her second number-one song in the US. She received eight nominations at the BET Hip Hop Awards and four Grammy nominations, winning Best New Artist, Best Rap Song, and Best Rap Performance.
In November 2020, Megan released her first full album, “Good News.” The album featured artists like 2 Chainz, Mustard, Big Sean, Young Thug, and DaBaby. It was very successful, debuting at number two on the Billboard 200 and reaching the top of the Top R&B/Hip-Hop Albums chart. The album also had popular songs like “Don’t Stop” and “Body.”
On August 11, 2022, Megan announced on Twitter that her second album, “Traumazine,” would be released the next day.
Megan Thee Stallion (Credits: Getty Images)Other Collaborations
Megan Thee Stallion has worked with many artists, including being featured on Chance the Rapper’s first album “The Big Day” with the song “Handsome.” In early 2021, she also worked with Ariana Grande and Doja Cat on the remix of “34+35.”
Style and Influences
Megan Thee Stallion has created a strong stage presence that celebrates confidence and open sexuality. Her music is known for its bold lyrics and clever wordplay. She takes inspiration from artists like Lil’ Kim, Three 6 Mafia, and the Notorious B.I.G.
Personal Life
After losing her mother in March 2019, Megan Thee Stallion was inspired to earn a degree in health administration. She decided to attend Texas Southern University to pursue her education in that area.
In February 2021, during an Instagram Live session, Megan confirmed her relationship with fellow rapper Pardison Fontaine. She is also a proud dog mom to six dogs: three French bulldogs, a Cane Corso, a pit bull, and a merle dog.
Florida Mansion
In July 2021, Megan spent $6 million on a beautiful 7,600-square-foot mansion in Pinecrest, Florida, which has a private lake in the backyard.
Megan Thee Stallion’s path from a social media freestyler to a Grammy-winning artist shows her talent, strength, and smart business choices. With a $30 million net worth, she has built a successful career with top-charting albums, popular singles, and profitable endorsements.
Her business mindset is clear in her partnerships with big brands and her independent approach to music. As she continues to grow both artistically and personally, Megan remains an important figure in the entertainment industry, motivating many fans and future artists. Her future looks bright, and she is set for even more success in the coming years.
Megan Thee Stallion (Credits: Getty Images)Who is Megan Thee Stallion Dating?
The rapper accidentally posted a video of herself doing a couple’s challenge with Chicago Bulls player Torrey Craig on TikTok.
In the video, which was later deleted, Megan, 29, and Craig, 33, answered several questions about their relationship while closing their eyes and pointing to the person, as shown in a screen recording shared by MuchMusic on TikTok.
According to the outlet, one of the questions asked who said “I love you” first, and both pointed to each other.
Before Craig, the “HISS” rapper was last seen with Pardison “Pardi” Fontaine, whom she met while working on the “Savage” remix (featuring Beyoncé). Megan confirmed their relationship in February 2021 during an Instagram Live session.
Megan’s representative didn’t respond to PEOPLE’s request for comment right away.
In May 2023, Megan raised breakup rumors when she attended a wedding with Belgian soccer player Romelu Lukaku. Her song “Cobra,” which she released in November 2023, suggested that he had cheated on her, though he later denied the allegations.
Meanwhile, Craig, who has played in the NBA for seven years, was previously linked to reality star Nicole Zavala.
Earlier this month, Megan was announced as the host for the 2024 MTV Video Music Awards, where she’s nominated for five awards.
Megan Thee Stallion (Credits: Getty Images)Her hosting role comes after she released her self-titled third album in June.
Several songs on the album, including the TikTok-viral “Mamushi,” are named after a snake found in Japan. In May, Megan spoke to L’Officiel USA about how the snake inspired her new music.
“We don’t just stop at the snake. This is just what everybody sees right now. Renewal, rebirth: that is the whole concept of this [album],” she shared.
“We started with the snake because, first of all, I love snakes, but I feel like snakes are so misunderstood, especially in western culture,” Megan added. “Snakes represent rebirth, spirituality.”
She continued, “I’m not really a person that’s like, Oh my God, sunshine and just super bubbly, happy. I like darker things. I like things that are a little scary. I like things that are unique. I picked the snake because… it’s kind of like an antihero.”