What is ASAP Rocky's net worth? ASAP Rocky's net worth is $3 million dollars. Born in New York, New York, ASAP Rocky, also known as Rakim Mayers, became interested in rap while he was in primary school, and was writing his first rap songs by third grade. His father was incarcerated for drug dealing, his older brother was killed, and the remaining members of his family moved into a shelter. They later relocated to Elmwood Park, New Jersey. He sprang onto the national rap scene in early 2011, when one of his singles, "Peso", found its way onto the internet, and then onto Hot 97, one of the tri-state areas most popular radio stations. A second track, "Purple Swag", soon followed, and their accompanying music videos were instant hits. He signed a record deal worth $3 million dollars with Sony, RCA Records, and Polo Grounds Music, and began touring almost immediately. His first album is set for release in the summer of 2012.