Rapper Tory Lanez is one of the richest musicians in the world. With a net worth of $4 million, he has made a name for himself in the music industry. His albums have been popular with fans and critics alike, and his tours have drawn large crowds. In this article, we will take a closer look at Tory Lanez net worth and how he earned his fortune.
Early Life
Tory Lanez, born Daystar Shemuel Shua Peterson on July 27, 1992, in Brampton, Ontario, Canada, is a rapper. Tory’s Bajan father and Curaçao-born mother, Sonstar and Luella, both passed away from rare diseases when Tory was 11 years old.
After Luella passed away, Sonstar’s work as a missionary and ordained minister took the family around the nation. They first moved to Montreal when Lanez was 4 or 5 years old, later making their way to Miami, Florida. After getting remarried, Sonstar relocated the family to Atlanta, Georgia where Hakeem, a friend of Tory’s, gave him his now-famous moniker “Lanez” derived from his love of chasing excitement and running through the city streets.
Also Read: Lala Kent Net Worth
Due to behavioral problems, Tory moved in with a cousin in Queens, New York, in 2006. Later, he resided with his grandmother in Toronto; however, she was unwilling to take care of him. Lanez confided in XXL magazine: “I ended up moving downtown with these three guys I didn’t really know… I became a man during the years I was 15 to 18 because I had to fight daily. With everybody fighting for themselves, I used to rotate between older guys. It taught me how to take care of myself without any aid from my dad, grandma, or mother.”
“Notorious” was the stage name he gave himself after his mother passed away, in tribute to Notorious B.I.G. At only 16 years old, he dropped out of school and started performing at outdoor concerts under the adopted stage name “Tory Lanez”.
Personal Life
In July 2020, the police received a call about a rowdy house party. When they searched Lanez’s car, they found a weapon and arrested him. Megan Thee Stallion, another rapper who was in the car with Lanez at the time, was hurt. Later it was revealed that her injury wasn’t caused by broken glass as initially claimed as she had been shot by Tory himself.
In October 2020, Lanez was charged with three felonies, including assault with a semiautomatic weapon. A protective mandate was issued against him in August 2021, stopping him from talking to Megan or coming within 100 feet of her. As a result of his disobedience, his bail was raised from $190,000 to $250,000. Jacquees, Drake, and Joyner Lucas are just a few rappers with whom Lanez has had clashes. After ending their brief feud they embarked on a joint tour. Kai Lanez, Lanez’s son, was born in April 2017.
Also Read: David Letterman Net Worth
Career
Rapper Sean Kingston requested a meeting with Tory Lanez in the early months of 2010, after the release of his mixtape “T.L 2 T.O.” In 2011, Lanez signed a record deal with Kingston’s Time is Money Entertainment and released four mixtapes: “Playing for Keeps,” “One Verse One Hearse,” “Just Landed,” and “Mr. 1 Verse Killah.” A number of additional mixtapes were later released by him, including “Conflicts of My Soul: The 416 Story,” “Lost Cause,” “Sincerely Tory,” and “Chixtape” (2014). “I Told You,” his first studio album, was released on Interscope Records/Mad Love Records on August 19, 2016.
“Say It” and “Luv,” both 3x platinum, were among the hit singles on our Gold album, which shot to #1 on Billboard’s Top Rap Albums chart and #4 on the Billboard 200–2x Platinum. “Memories Don’t Die,” Tory’s album released in 2018 as a follow-up to his debut, reached #3 on the Billboard 200 chart and became the Canadian Albums Chart Topper. His next albums, “Love Me Now?” (2018) and “Chixtape 5” (2019), hit the top 10 charts on Billboard 200, Canadian Albums Chart, UK Hip Hop and R&B AlbumsChart; with “Chixtape 5” also taking first place on the Top Rap Albums chart.
Also Read: Marshawn Lynch Net Worth
After launching “Quarantine Radio” on Instagram Live during the COVID-19 pandemic, Tory released his fifth album, “Daystar,” on his own label in September 2020. On both the Top Rap Albums and Top R&B/Hip-Hop Albums charts, the album peaked at position #4. Several songs by other artists, including Busta Rhymes “Girlfriend” (2017), G-“Drifting” Eazy’s (2015), and T- Getcha Pain’s Roll On,” have featured Lanez (2019). Along with Jeezy, Fifth Harmony, Meek Mill, and Alicia Keys, he has written songs for them.
Tory Lanez Net Worth
Tory Lanez, who is known for being a record producer, rapper, fashion designer, singer, and director of music videos, is originally from Canada. Tory Lanez net worth is $4 million dollar. In addition to “Memories Don’t Die” (2018), “Chixtape 5” (2019), “Love Me Now?” (2018), and “Daystar,” Lanez also released his first album, “I Told You,” in 2016. (2020). Say It, his debut single peaked at number five on the Billboard Hot R&B Songs chart and number twenty-three on the Billboard Hot 100 chart.
Artists like Soulja Boy, YG, Sean Kingston, Bow Wow, Kid Ink, Slim Thug, Paul Wall, Ty Dolla Sign, Meek Mill, and Yo Gotti are just a few of the names that Tory has worked with. Several of Lanez’s music videos, including “Band A Man,” “In the Air,” and “Do the Most” (2020), have been directed by him (2021). He started the record label/management business One Umbrella in 2014, which was formerly known as the Forever Umbrella clothing line.
Also Read: Jeremy Clarkson Net Worth
Awards And Nominations
For “Luv,” Lanez received a Grammy nomination in 2017 for Best R&B Song. He has been nominated for several Juno Awards and has won “Shooters” in 2017 and “Love Me Now?” in 2019, as well as for R&B/Soul Recording of the Year in 2020 and Rap Recording of the Year in 2019.
In 2015, “Henny in Hand” earned Tory a nomination for a Much Music Video Award for best hip-hop video, and in 2019, he was nominated for an NAACP Image Award for the best new artist. In 2016, he received nominations for Best New Artist at the BET Awards, Best New Hip Hop Artist at the BET Awards, Best International Act at the MOBO Awards, and Best New Artist at the Soul Train Music Awards. In 2019, he received a nomination for Best International Flow at the BET Hip Hop Awards.
Also Read: Michael Keaton Net Worth
Conclusion
Tory Lanez’s net worth is estimated to be around $4 million. The Canadian rapper and singer have built a successful career, with multiple albums and mixtapes released, numerous hit singles, and several awards won. His music continues to reach fans around the world, helping him to amass wealth along the way. His hard work and dedication are an inspiration for aspiring musicians everywhere. With that in mind, Tory Lanez’s net worth is sure to continue rising as his career progresses.
