Tyga, an American rapper, singer, songwriter, actor, television personality, and social media star, has an estimated net worth of $8 million. Born in California, his stage name stands for “Thank You God Always.” Known for his rapid rise in the hip-hop world, Tyga’s career has been marked by both musical successes and personal controversies. His breakthrough came with mixtapes that led to a record deal with Young Money Entertainment in 2007.
One of his early major hits, “Deuces,” a collaboration with Chris Brown, earned a Grammy nomination for “Best Rap/Sung Collaboration.” Following this, Tyga continued to build a career, releasing albums with several Top 40 hits. His well-known tracks, such as “Faded” and “Rack City,” became staples in the hip-hop community. On a personal level, he gained widespread attention for his high-profile relationships, notably with Kylie Jenner and Blac Chyna, with whom he shares a child.
Tyga’s financial ventures extend beyond music. He has made a significant sum on OnlyFans, where he was once the fifth highest-earning personality, reportedly earning $8 million in about a year. This added income is noteworthy, considering his status within the social media and adult entertainment sectors.
Financial and Legal Troubles
Tyga’s financial history, however, hasn’t been entirely smooth. Over the years, he has faced several financial and legal problems, some of which have attracted significant attention. In 2011, Tyga rented a Malibu property for $16,000 a month, but by 2012, the landlord, Gholamreza Rezai, sued him for unpaid rent and damages. Tyga claimed he needed to leave the house due to constant fan disturbances, but the landlord took legal action for the unpaid rent and property damage.
Besides the rent dispute, the landlord also accused Tyga of damaging the property, including ruined hardwood floors, a destroyed gate, and a stripper pole installed in the master bedroom. The lawsuit sought $480,000 in damages. This legal issue was compounded by Tyga’s failure to appear for a scheduled hearing, resulting in a warrant for his arrest.
Financial difficulties continued when the state of California filed a tax lien against Tyga in 2015 for $19,000 in unpaid taxes, following an earlier IRS tax bill of $120,000. His car collection faced issues as well: in 2016, his G-Wagon was repossessed for non-payment, followed by repossession of his Lamborghini Aventador and Bentley Mulsanne for a debt of $357,350.77.
In 2019, Tyga’s rented Maybach was also repossessed, and he was sued by a rental car company for around $130,000 in unpaid bills related to cars that had been leased in 2016. These legal troubles have added to the rapper’s already strained financial image.
Royalties and Lawsuits
Tyga has also been involved in lawsuits concerning unpaid royalties. In August 2018, he filed a suit against Cash Money Records and its subsidiary, Young Money Entertainment, claiming $10 million in damages. Tyga alleged that despite the financial success of albums like Careless World: Rise of the Last King and Hotel California, he had not been properly compensated by the labels. This legal battle was part of a wider dispute over royalties that Tyga says were withheld, even after renegotiations.
Tyga also faced legal issues involving his fashion brand, Last Kings. In 2015, Chuon Guen Lee, who had partnered with Tyga in 2013 to create the brand, sued him for stealing merchandise and failing to promote the brand as agreed. Lee sought $1.6 million in damages. Tyga responded by denying the allegations, stating the business relationship had ended and that the lawsuit was simply an attempt to capitalize on his success.
Tyga’s Early Life
Tyga was born Micheal Ray Nguyen-Stevenson on November 19, 1989, in Los Angeles. He is of Vietnamese and Jamaican descent. Tyga spent his early years in Compton, California, but moved to Gardena at the age of 11. However, footage from a 2012 TV show reveals discrepancies, with Tyga claiming that his family lived in a well-to-do home in the San Fernando Valley, not in the lower-income areas he had described earlier. This has led to some controversy regarding his childhood and upbringing.
Tyga’s Career Journey
Tyga’s career in music began with the release of his first independent album No Introduction in 2008, which featured the single “Coconut Juice” with his cousin, Travie McCoy. He soon signed with Lil Wayne’s label, Young Money Entertainment, and was featured on the hit song “Bedrock” in 2009. Tyga released a successful mixtape, Fan of a Fan, which included the hit “Deuces,” marking the beginning of his mainstream success.
His second studio album, Careless World: Rise of the Last King, dropped in 2012 and included hits like “Rack City” and “Faded.” His third album, Hotel California, featured artists like Rick Ross and Nicki Minaj, solidifying his place in the industry. However, Tyga’s later albums, such as The Gold Album: 18th Dynasty and Bitch I’m the Shit 2, did not fare as well commercially.
Despite a period of poor sales, Tyga made a comeback in 2018 with the single “Taste,” featuring Offset. The song reached number 8 on the Billboard Hot 100, marking his return to the top. His seventh studio album, Legendary, was released in June 2019, proving that Tyga still had significant relevance in the hip-hop scene.
Tyga’s personal life has often been in the spotlight. In 2011, he met Blac Chyna at a party, and the two quickly became a couple. They had a son, King Cairo Stevenson, in 2012, and got engaged later that year, though their relationship ended in 2014.
Tyga’s relationship with Kylie Jenner became one of the most talked-about celebrity romances in recent years. They started dating when Jenner was 16, but their official relationship began when she turned 18. Their breakup occurred in 2017, after several years together.
Real Estate Ventures
Tyga’s real estate investments have been controversial. Reports claimed that he owned a $6.5 million mansion in Calabasas, California, which was supposedly bought for Blac Chyna. However, it later came out that Tyga had rented the property. Over the years, he faced multiple lawsuits from landlords for failing to pay rent.
In 2020, Tyga purchased a $3.9 million, 5,700-square-foot home in Indio, California, and sold it in 2023 for $5.1 million. Interestingly, the house was listed as being in “Pre-foreclosure” when it was sold, indicating financial difficulties still played a role in Tyga’s real estate dealings.
