To be honest, Tekashi69’s finances are difficult to track from month to month. He has without a doubt signed several multi-million dollar record and concert contracts. He has also earned millions from streaming royalties, owing primarily to his YouTube channel, which has 20 million followers and over 5 billion video views. Tekashi’s career, on the other hand, was essentially put on hold for two years after he was sentenced to prison.
Tekashi submitted documents to a court in March 2022, claiming that he was facing severe financial problems due to loss of income, primarily because his career had been put on hold for two years. He claimed he received no royalties and was unable to generate income through touring.
His filing specifically stated:
“I’m currently struggling to make ends meet. I’m not sure if I’ll ever be able to command the kind of advances I was getting before my arrest, and my career has stalled.” The documents were obtained as part of a civil lawsuit filed by two former associates. He also claimed that if the lawsuit went forward, it would “bankrupt” him.
One month later, Tekashi69 uploaded the video below to Instagram, in which he shows off several million dollars in cash and at least a million dollars in cars:
A day after posting the above video to Instagram, Tekashi appeared on TMZ Live and was confronted by Harvey Levin about how he could be flaunting so much cash while claiming to be broke to a judge.
The following is a transcript of the conversation:
Mr. Harvey Levin: “So you owe a million dollars in restitution, and I know you told a judge you didn’t have it.”
Harvey’s co-host then spoke up: “Right, and I believe your attorney advised you to file for bankruptcy.”
Harvey then added: “But then you throw away two million dollars. Are you not a sitting duck for having your money seized?”
Tekashi’s response: “I don’t have it right now. I don’t have it. And that was just for show.”
Childhood
Daniel Hernandez was born on May 8, 1996, in New York City. Hernandez was born in Brooklyn’s Bushwick neighborhood to a Mexican mother and a Puerto Rican father. He was raised by his parents until he was 13 years old, and he grew up alongside his brother. Hernandez dropped out of school in the eighth grade and never returned. His father was murdered in 2009, prompting him to sell drugs in order to help his mother.
Career
In 2014, 6IX9INE began his career by releasing rap songs. Over the next three years, he released a number of songs and garnered a lot of attention due to his aggressive rapping style. Many of his early songs were released by FCK THEM, a Slovakian music label. He rose to prominence on social media after an Instagram post from July 2017 went viral on both Reddit and Twitter, where 6IX9INE’s eccentric appearance turned him into an internet meme. In 2017, he released his debut single ‘Gummo,’ which peaked at number 12 on the Billboard Hot 100 in the United States.
6IX9INE announced the release of his debut mixtape, ‘Day69,’ in 2018. With 55,000 album-equivalent units, of which 20,000 were pure sales, the album debuted at number four on the Billboard 200 album chart. Following the release of ‘Day69,’ two songs from the album, ‘Billy’ and ‘Rondo,’ debuted on the Billboard Hot 100, with ‘Billy’ reaching No.50.
He released the track ‘Gotti’ in April 2018, which is a remix of a previous feature he did for the artist Packman titled “Got it, Got it.” The song was included as a bonus track on ‘Day69,’ and it debuted at number 99 on the Billboard Hot 100 before falling off the following week.
6IX9INE had his first Billboard Hot 100 top-five single, ‘Fefe,’ featuring Nicki Minaj and Murda Beatz, in July 2018. The song was a worldwide smash, debuting at number four on the Billboard Hot 100. He also recently collaborated with 50 Cent on the song “KINGS.” 6IX9INE was arrested at the end of 2018 on charges of racketeering, weapon possession, and conspiracy to commit murder. This was part of an ongoing investigation into the street gang Nine Trey Gangsters.
In early 2019, 6IX9INE accepted a plea deal that included testifying against, or snitching on,’ his co-defendants. His sentence was reduced from up to 47 years in prison to two years, and he was released in half that time. Since his release, 6IX9INE has rocketed back into the music industry, breaking YouTube records and reaching #1 on Billboard with the single “TROLLZ,” featuring Nicki Minaj.
Highlights
Here are some of the best moments in 6IX9INE’s career:
YOKAI (Song, 2017)
69 (Song, 2017)
Tekashi69 (Album, 2017)
FEFE (Song, 2018)
GOTTI (Song, 2018)
DAY69 (Album, 2018)
TATI (Song, 2018)
World Domination Tour (2018)
GOOBA (Song, 2020)
TROLLZ (Song, 2020)
Success
In 2018, Tekashi69 released his debut mixtape Day69. His debut single “Gummo,” which was certified Gold, peaked at #6 on the US Rap chart, #7 on the US R&B/Hip-Hop chart, and #12 on the Billboard Hot 100. The single “Kooda” by 6IX9INE was also certified Gold, reaching #29 on the US R&B/Hip-Hop chart and #50 on the Billboard Hot 100. His single “Keke” (featuring Fetty Wap and A Boogie wit da Hoodie) peaked at number 20 on the US Rap chart, number 22 on the US R&B/Hip-Hop chart, and number 43 on the Billboard Hot 100.
Record Deals Reported
6IX9INE has taken to social media to brag about various record and management deals. He claimed (in a now-deleted Instagram post) in January 2018 that he had signed a $7.5 million record deal. He claimed to have signed a $15 million management deal with Birdman’s RICHGANG company a month later. A month later, he claimed to have signed a $4.9 million endorsement deal with a headphone company. There is no evidence that any of these deals are even remotely real, according to several record industry insiders we contacted.
Deal worth $10 million
Tekashi signed a confirmed record deal with 10K Projects in October 2019. The agreement is said to be worth at least $10 million and will include two future albums, one in English and one in Spanish.
GlobalStreamNow Offer
Takashi announced a $5 million deal with live streaming company GlobalStreamNow in July 2020. The agreement covers one virtual performance on September 5, 2020.
Concerns about the law
Tekashi69 has been arrested multiple times. He pled guilty to a felony count of using a child in a sexual performance in 2015. He was sentenced to three years probation and was not required to register as a sex offender as long as he did not post sexually explicit images online and obtained his GED. He eventually failed his GED test. He was arrested in July 2018 on an outstanding warrant related to an incident in which he allegedly choked someone at a Houston mall.
He was arrested in 2018 on weapons, drug, and racketeering charges. To avoid a 47-year prison sentence, he agreed to testify against members of the Nine Trey Bloods gang. In September 2019, he testified for several days.
He testified that the Nine Trey Bloods Gang let him pretend to be a member as long as he provided financial support. He also stated that after the release of “Gummo,” he began earning an average of $60,000 per month from YouTube royalties and live performance fees. As part of an agreement with government prosecutors, he entered a guilty plea in December 2019.
The judge ultimately sentenced Tekashi to 13 months in prison for his cooperation. The defendants against whom he testified face life in prison. On March 22, 2020, he requested an early release due to the COVID-19 virus, which was raging throughout the prison system. He was scheduled for release in August of 2020.
Release
Tekashi released his new song “Gooba” and accompanying music video on May 8. The video quickly broke YouTube’s record for the biggest 24-hour debut for a hip-hop video. The video had 40 million views in 24 hours. Eminem set the previous one-day hip-hop record of 38 million for his song “Killshot” in 2018.
Within a week, “Gooba” had received over 150 million views. On the same day, May 8, Tekashi69 went live on Instagram. More than 2 million people tuned in at the same time, breaking the Instagram live record by over 1.7 million.
Tekashi publicly claimed that he had earned $2 million from “Gooba” alone in less than a week, thanks to YouTube ad revenue, Spotify royalties, and other sources of income. He also stated his intention to donate 10% of profits to charity.
6IX9INE’s Expenditure Pattern
6IX9INE owns a Mercedes McLaren P1, which he bought after being released from prison. He paid $2,000,000 for the Mercedes. He also owns a $300,000 Rolls-Royce Ghost. The rapper owns a number of chain restaurants and grills. A $750,000 “My Little Pony” chain can be found in his jewelry collection.
He has a large collection of grills in rainbow colors, which is estimated to be worth around $50,000. He owns a “Jigsaw” chain that he paid $300,000 for. The chain is made entirely of diamonds. 6IX9INE, like many rappers, spent $100,000 on a nice Rolex watch. He has a rainbow spinner and 69 rings that he paid $300,000 for.
Summary
TEKASHI 69 is a well-known rapper. He’s certainly made a name for himself in the music industry. 6IX9INE is just starting out, and there’s no doubt that his fortune will grow over the next five years.
TEKASHI 6IX9INE’s net worth is estimated to be $8 million as of 2022.
